Compensation

Everyone here talk about 300k TC

Proofpoint / Eng
Hell u

ProofpointEng

PRE
Symantec
Hell umore
Jul 15

Everyone here talk about 300k TC. Am I underpaid. Does it include bonus and espp too?

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  • Apple / Engcho Chang
    What’s ur TC?
    Jul 150
  • MicrosoftddzH17
    Add everything up financial that you are getting from your employer in return for working there. Base, bonus, espp margin, 401 (k) contributions, one time cash bonuses, realized/current mkt value of stock grants etc.

    Remember two things: money is compensation no matter how it is structured; count stock based on current mkt value (for something you can sell in open mkt immediately) or use some estimate if it's not liquid or use the cost of using a fancy financial instrument (put; collar; short etc) to protect stock that you are counting in TC but not immediately available to sell.

    A bit complex, eh? So use estimates to simplify what you can't easily assign a dollar value to and understand that that's what most folks are doing -- so treat TCs, particularly with big stock components, in buckets to account for the fuzziness
    Jul 158
    • Google🎱figga
      It’s pretty simple for most people. Open paystub, look at gross taxable wages.
      Jul 15
    • MicrosoftddzH17
      True, paycheck or W2 statement is the ultimate reality, but a lot of TC is for the future (offer of a new job; promotion). W2 doesn't help there
      Jul 15
    • Google🎱figga
      Right, so I guess as you said extrapolate out a like-kind measure. Just be realistic about what’s going to be on that W2.
      Jul 15
    • Cruise Automation / Eng✉️
      TIL 401k contributions count towards TC. In that case I just realized I gained +9k TC lol.

      @🎱figga, paystub doesn't include stocks that vest (and then there's always the question of liquidateable or paper/illiquid)
      Jul 15
    • Google🎱figga
      401k: no

      liquid RSU: yes it is included. You pay tax. Other RSU setups I guess maybe not, I dunno. Vesting of unexercisable/unexercised options: didn’t happen 😄
      Jul 15
    • Facebook / MgmtBubblechan
      Why wouldn’t you count 401k match?
      Jul 15
    • Google🎱figga
      Are you going to count group life insurance, tuition reimbursement, HSA contribution, charitable giving match, too? Yeah sure it matters.
      Jul 15
    • Facebook / MgmtBubblechan
      I wouldn’t count any of those, but 401k match money is actual money that you could even take out from that account if you wanted (with a penalty)
      Jul 15
  • Amazon / EngJustCuz
    Compare on www.comp.fyi

    300k is definitely achievable and quite common at FANG level companies but not common across all companies
    Jul 150
  • to make matters more confusing, there’s also refresher and stock growth
    Jul 150
  • Jul 154
    • QualcommThen what
      🙏
      Jul 15
    • Bitch, I was depressed before it was cool
      Jul 15
    • FacebookElohssa
      Social media is not training you it just attracts already competitive people. There are plenty of people who are on social media who are not social climbers and there were plenty of people who were social climbers before the advent of social media. Stop projecting your shit.
      Jul 15
    • Amazon / ProductAxGj47
      Jul 15

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