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> i don't understand this part. you already have your salary, as negotiated In FAANG your salary is only a small part of your compensation. At end of year, ba
by fhrow4484 4y ago
> i don't understand this part. you already have your salary, as negotiated
In FAANG your salary is only a small part of your compensation.
At end of year, based on your perceived performance, you get:
- a bonus (10 to 20+% of base salary)
- a stock refresh (80 to 120k over 4 years for instance for entry level/mid-level)
- a merit increase of your base salary
All these 3 influence your compensation significantly.
You can do the math, someone starting at let's say 140k base with 4 years of 15% bonus, 80k refresh, 2% merit raise, will have a different compensation than someone who's also starting at 140k but with 4 years of 20% bonus, 110k refresh, 4% merit raise
- cupofpython 4y agodoes FAANG employ generalists on a ladder? I feel like they would just hire a consulting group instead