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When I looked into it and talked to some hiring managers, the big names were offering cash comp similar to total comp for big tech, with stock (sometimes compli

When I looked into it and talked to some hiring managers, the big names were offering cash comp similar to total comp for big tech, with stock (sometimes complicated arrangements that were not options or RSUs) on top of that. I’m talking $400k cash for a senior engineer with equity on top.

almostgotcaught 2y ago
> big names Big names where? Inside of openai? What does that even mean? The only place you can get 400k cash base for senior is quantfi
- ldjkfkdsjnv 2y ago
  Amazon pays 400k cash lol. Many companies do
  - almostgotcaught 2y ago
    Up until 2 years ago you were extremely wrong and you're still wrong: https://www.bloomberg.com/news/articles/2022-02-07/amazon-is-raising-base-salary-cap-to-350-000-from-160-000 https://www.bloomberg.com/news/articles/2022-02-07/amazon-is... It's amazing to me how many people are willing to just say the first thing that comes to their head while knowing they can be fact-checked in a heartbeat.
- whimsicalism 2y ago
  > The only place you can get 400k cash base for senior is quantfi confident yet wrong not only can you get that much at AI companies, netflix will also pay that much all cash - and that’s fully public info
  - almostgotcaught 2y ago
    > not only can you get that much at AI companies Please show not tell > netflix will also pay that much all cash Okay that's true
  - vlovich123 2y ago
    Netflix is just cash, no stock. That’s different from 400k stock + cash.
    - whimsicalism 2y ago
      > The only place you can get 400k cash base for senior is quantfi That statement is false for the reasons I said. I’m not sure why your point matters to what I’m saying
      - vlovich123 2y ago
        Because op’s usage of base implies base + stock. including a place where base = total comp is really misleading and is just being unnecessarily pedantic about terminology. OP is correct that a base cash of 400k is truly rare if you’re talking about typical total comp packages where 50% is base and 50% is stock.
        whimsicalism 2y ago
        quantfi doesn’t pay stock at all usually so i disagree that it implies cash + stock
        vlovich123 2y ago
        I don’t know what point you’re trying to make other than being super pedantic. This was a discussion about how OpenAI’s base of 400k is unique within the context of a TCO in the 800-900k range. It is. That quantfi and Netflix offer similar base because that’s also their TCO is a silly argument to make.
        Dylan16807 2y ago
        > This was a discussion about how OpenAI’s base of 400k is unique within the context of a TCO in the 800-900k range. That's not how I interpret the conversation. I see a claim that 900k is a BS number, a counterargument that many big AI companies will give you 400k of that in cash so the offers are in fact very hot, then a claim that only finance offers 400k cash, and a claim that netflix offers 400k cash. I don't see anything that limits these comparisons to companies with specific TCOs. Even if the use of the word "base" is intended to imply that there's some stock, it doesn't imply any particular amount of stock. But my reading is that the word "base" is there to say that stock can be added on top. You're the one being pedantic when you insist that 400k cash is not a valid example of 400k cash base. Notice how the person being replied to looked at the Netflix example and said "Okay that's true". They know what they meant a lot better than you do.

almostgotcaught 2y ago

> big names Big names where? Inside of openai? What does that even mean? The only place you can get 400k cash base for senior is quantfi

ldjkfkdsjnv 2y ago
Amazon pays 400k cash lol. Many companies do
- almostgotcaught 2y ago
  Up until 2 years ago you were extremely wrong and you're still wrong: https://www.bloomberg.com/news/articles/2022-02-07/amazon-is-raising-base-salary-cap-to-350-000-from-160-000 https://www.bloomberg.com/news/articles/2022-02-07/amazon-is... It's amazing to me how many people are willing to just say the first thing that comes to their head while knowing they can be fact-checked in a heartbeat.
whimsicalism 2y ago
> The only place you can get 400k cash base for senior is quantfi confident yet wrong not only can you get that much at AI companies, netflix will also pay that much all cash - and that’s fully public info
- almostgotcaught 2y ago
  > not only can you get that much at AI companies Please show not tell > netflix will also pay that much all cash Okay that's true
- vlovich123 2y ago
  Netflix is just cash, no stock. That’s different from 400k stock + cash.
  - whimsicalism 2y ago
    > The only place you can get 400k cash base for senior is quantfi That statement is false for the reasons I said. I’m not sure why your point matters to what I’m saying
    - vlovich123 2y ago
      Because op’s usage of base implies base + stock. including a place where base = total comp is really misleading and is just being unnecessarily pedantic about terminology. OP is correct that a base cash of 400k is truly rare if you’re talking about typical total comp packages where 50% is base and 50% is stock.
      - whimsicalism 2y ago
        quantfi doesn’t pay stock at all usually so i disagree that it implies cash + stock
        vlovich123 2y ago
        I don’t know what point you’re trying to make other than being super pedantic. This was a discussion about how OpenAI’s base of 400k is unique within the context of a TCO in the 800-900k range. It is. That quantfi and Netflix offer similar base because that’s also their TCO is a silly argument to make.
        Dylan16807 2y ago
        > This was a discussion about how OpenAI’s base of 400k is unique within the context of a TCO in the 800-900k range. That's not how I interpret the conversation. I see a claim that 900k is a BS number, a counterargument that many big AI companies will give you 400k of that in cash so the offers are in fact very hot, then a claim that only finance offers 400k cash, and a claim that netflix offers 400k cash. I don't see anything that limits these comparisons to companies with specific TCOs. Even if the use of the word "base" is intended to imply that there's some stock, it doesn't imply any particular amount of stock. But my reading is that the word "base" is there to say that stock can be added on top. You're the one being pedantic when you insist that 400k cash is not a valid example of 400k cash base. Notice how the person being replied to looked at the Netflix example and said "Okay that's true". They know what they meant a lot better than you do.