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You have a valid concern. We are starting with salary to simplify things because cash is what matters the most.
by munirusman 12y ago
You have a valid concern. We are starting with salary to simplify things because cash is what matters the most.
- alok-g 12y agoIn my opinion, you should add total compensation right from the beginning. This is because (1) You would be capturing data from many people (hopefully) and it would be difficult to fix later, (2) The site will be less useful without for many people including me, and (3) Some people will invariably confuse and put total compensation anyways which will introduce unnecessary variability in your data. On the other hand, adding total compensation from the beginning cannot be too complex.
- michaelt 12y agoDepends what goes into "total compensation". Things like startup options are basically monopoly money. If the salary is $30,000 but they offer two ten-thousandths of a company which is currently worth nothing, but they plan for it to be worth five billion dollars in five years, is that a $230,000 salary? Recruiters will post bullshit if there's no downside; to avoid this you need concrete measures that can't be manipulated and can be audited.
- alok-g 12y agoTotal compensation need not be included as a single number, it may/should be separated into actual factual numbers like base salary, fair market value of stock options / RSUs at the time of grant, cash bonus, etc. probably with a statement that the candidate is willing to trade one component for another to find a suitable mix. Startups and big companies follow different norms, I am unsure if the latter should be ignored.