A 21 yr old, Entry level software engineer in the BayJan 12
135 base, 60k sign bonus, 75k yrly grant. 270k TC in title (edit: Supposed to be 210k TC).
3 yrs to finish school, no student debt. Very lucky!She gets some pettiness in comments, but this TC seems very ok for entry, no?
- TC Is cash salary + cash bonus + stock (option or grant). Signing stock and signing bonus are one time things. For a campus hire, annual bonus and annual stock refresher are usually much lower than signing bonus and signing stock. And stock vests over time, and stock is can be meaningless for a pre IPO company that may never IPO.
So next year at annual review it’s likely her salary will be $135k plus merit increase of say 3%. And a bonus of say 10% so $13k. And a stock grant of say $10k.
TC for next year will likely be around $162k.
TC next year is this nowhere near $210k or $270k. This is often a surprise to Amazon campus hires because they get really stingy with stock at year 1 and even more so at year 2. Microsoft gives a big signing bonus and stock them same size annual bonus and stock opportunity in the next years.
- Is it me or people don’t know how to calculate TC. Does she get 60k sign on every year? By year two her TC is $210k. Since many companies give stock grant over 4 years I would divide 60k by 4 and calculate the TC to be 225k, is still a lot for a 21 year old.
Granted, she does mention the drop in the article. But title is misleading.
Which is also a lot more than most senior engineers at Microsoft. I really hope she provides 225k work for value for this company.
Even if she doesn’t, she milked them good!
- That's just a top tier FANG offer for fresh grads. What's the big deal? Clickbait