How do you calculate total comp? How do you factor in vesting RSUs? Do you base it on prior years actual income or current years potential income (with the assumption that the stock stays pretty flat)?
I've always just content base salary + potential bonus paid at 100%, but I'm now making substantial amounts of money from multiple successive refreshers vesting out.
- Groupon STCO30Total comp is the value on your W2. So for last year, you can reference your W2. For this year, it is however you feel it is most accurate to calculate it. If I’m calculating it for a recruiter, I may exaggerate a bit by using full bonus percentage and use 52 week high stock price for calculating vesting stock.
- Obviously you never tell them what you're making now (which is also illegal to ask in California I believe), I tell them a number above what I would be happy to take, so if I want $200K I'm going to ask for like $227K. I also make sure that vesting stock and expected bonus (within 90 days) are included in any discussion about sign on bonus (that is, I expect all of that PLUS additional otherwise I'm losing money). I also let them know roughly the value of any RSUs I'm otherwise leaving behind with the expectation that they will ~match that with similar RSUs.Mar 132
- The TC of an offer needs to be calculated based on the stock value at the time you received them.
I see that fallacy all the time with Google or other techs that went up a lot. Your TC is not the value of the stocks today, they were when you received!!!
- SAP 827hshsDo companies ask you to submit current employer’s pay slip to verify your current TC is what you have told them during offer stage ? Is it okay to state current TC 30k-50k more than what you actually make to negotiate the offer well ?