6 ms·

Someone I know was rehired to Ford from Argo and got an extremely generous offer. He seems pretty happy about it.

• kortilla 4y ago
  Numbers? I’m curious what AI comp looks like these days.
  • eganist 4y ago
    North of 700 TC* *Anecdata
    • smcl 4y ago
      What does that mean?
      • eganist 4y ago
        700k total comp, so probably between 150-300k base salary, 50k bonus, and the rest in stock comp, usually vesting in batches over four years. Anecdata just means anecdotal data, i.e data points I know from people personally but not a representative sample.
        • smcl 4y ago
          Ahhh thanks! I figured "TC" was "total compensation" but wasn't sure how to interpret 700 since $700k/yr seemed enormous, but if it's salary for a year plus a chunk of stock that vests over a few years that makes more sense.
          • eganist 4y ago
            Well..... It's still an enormous chunk. Assume you're making 350 cash comp (300+50 bonus), that's another 1.4m in stock vesting over 4 years (350/y)
            • smcl 4y ago
              Oh they're getting the stock yearly? Yeah that's a lot. Well, good on them I suppose!
        • vsareto 4y ago
          That’s fucking ludicrous
          • eganist 4y ago
            Yes, but it's also not farfetched when you think about who owns most of the talent and what's needed to peel that talent away. It's not as absurd as it was e.g when waymo was comping employees so heavily on milestones that they just straight-up quit because they made enough to retire.
      • w0m 4y ago
        700k total compensation* not sure how over how long though.
        • kortilla 4y ago
          When people say total comp they are referring to yearly.