3 ms·
That is a Silicon Valley thing, around the world you get a regular office salary and that's it.
by pjmlp 3mo ago
That is a Silicon Valley thing, around the world you get a regular office salary and that's it.
- dilyevsky 3mo agoFirst of all it's not just SV - all of US sales is like this. Second, if you're talking about Europe - base/variable comps split may not be 50/50 but it's often the same OTE structure with some modifications due to local legalese
- pjmlp 3mo agoI am talking about software developers, not sales. I never seen this on my 30+ years on the job, other than being an early joiner to startups, equity isn't a thing. > Engineers who find it distasteful should be happy to know engineers typically get way more equity than sales reps. At very best, some companies might offer some kind of fixed bonus, if you over delivered as part of the KPI/OKR/whatever goals for the year, or the profits were nice enough that everyone gets a cut.
- dilyevsky 3mo agoAgree on the equity, afaik it’s due to how eager European countries are to tax illiquid shares on exercise instead of on sale like in US. Even without the equity part i think most engineers should be thankful for not having to hit their kpis to get full paycheck
- deleted 3mo ago[deleted]