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That's just base salary. For Staff+ engineers making 600-700k at BigTech, it is probably still a block. But for senior engineers at these companies, 200k is pr
by jatins 3y ago
That's just base salary. For Staff+ engineers making 600-700k at BigTech, it is probably still a block.
But for senior engineers at these companies, 200k is pretty competitive with the base salaries offered at those places
- loeg 3y agoI don't understand why you would compare total compensation at Oxide with base salary at other employers? Total compensation is the relevant figure across the board, and senior (as in, experienced, not some specific levels.fyi tier) engineers often make significantly more than $201,000.
- jatins 3y ago> That's just base salary I meant 200k is just base salary at Oxide. It does not include equity
- loeg 3y agoOxide equity, like for all private companies, isn't worth anything until and if they go public; it has no cash value. For total compensation purposes, it's $0.
- jatins 3y ago> Oxide equity, like for all private companies, isn't worth anything until and if they go public Open AI just had a tender offer for employees this month. It's not public. Clearly the equity is worth something even though the company is not public. Some companies facilitate secondary transactions for their employees. There are ways many employee friendly companies provide early liquidity without IPO.