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At companies like Google or Facebook, you expect to get 10-15% salary raise every year for the first few years, and around 10-15% annual bonus. Assuming that af
by xyzzyz 12y ago
At companies like Google or Facebook, you expect to get 10-15% salary raise every year for the first few years, and around 10-15% annual bonus. Assuming that after 4 years, your equity doubles, the $300k figure seems to be pretty accurate for the fifth-sixth year of working there.
- aet 12y agoYes, so $300k puts you in the top 3%, $380k puts you in the top 1% of earners nationwide. The median salary of presidents of private Universities is $400k. If you start at a salary of 150k and get 0.15 raises annually for 5 years, yes your will make 300k a year, but I'd be very surprised if this is the experience of general employees. Google has 50,000 employees. If you paid them all $100k, that would be 5 billion roughly equivalent to Googles costs.