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It does say 'In silicon valley'. But even after price adjust, that does seem WAY too high for a junior developer.
by quaffapint 13y ago
It does say 'In silicon valley'. But even after price adjust, that does seem WAY too high for a junior developer.
- terramars 13y agoi can vouch that facebook was recently hiring people from Cornell for ~$100-$120 starting + $30 signing bonus ($50 if you interned) that admittedly you had to return if you quit in less than a year for any reason that wasn't explicitly their fault.
- onedev 13y agoYep FB offers undergrads from some universities 100-120k, plus 50-100k signing bonus, plus $100-125k in stocks from what I've heard.
- michaelochurch 13y agoThose numbers, in general, are high. You might get that if you get them into a bidding war. In general, a publicly traded company is not going to give that kind of package to an undergrad. Maybe $110-120k in salary, but the stock amount is more likely to be around $80k vesting over 4 years.
- onedev 13y agoI don't think anyone else gives $100k signing bonus, so yes the numbers aren't representative of the whole but it hints at what an undergraduate can command out of college. I'd say $100k salary is very typical, as are the RSUs (vesting over 4 years as you said).
- 001sky 13y ago...vesting over 4 years Would be alot different than 100k "signing bonus", more sane tho.
- logical42 13y ago100k-ish stock vesting over 4 years is pretty standard among the big SV companies for new grads. It can be a lot more though if you're not a new graduate.
- conanbatt 13y ago100k signing bonus? FB really gives an entire years salary upfront?
- onedev 13y agoYes they do. I believe for new-grads it was 50k if you were not an intern previously, and 100k if you were. You have to stay a full year at the company otherwise you have to pay it back. But yes, it is all upfront; cash.
- jackowayed 13y agoYes. I believe you have to stay a year to keep the bonus, but everyone I know who graduated from Stanford last year was offered >100k salary, 100k signing bonus, and some stock (I think per year the stock was about 25k at current market value). Even non-CS majors. If they studied a quantitative field, can code, and cleared the dev interview, they got that offer.
- avty 13y agonot for new grad, but I've seen up to 400k in stock given, pretty amazing..
- deleted 13y ago[deleted]
- m3mnoch 13y agokeep in mind, these are ivy league heavies, not local state school middle-of-the-pack undergrads.
- quaffapint 13y agoInteresting - so even in startups you've got to be a member of 'the club'? If you went to a local state school and could write circles around the club members, that doesn't count? I would see that in some fortune 500 execs, but startups? odd.
- obstacle1 13y agoBunch of my peers were hired in the $100-140 range across the T3s straight from undergrad. Complete no-name school outside of US. Attending an Ivy makes it easier for you to be recruited, since offers literally find you. At a lesser school you can still do well, it's just you have to find the offers.