Salesforce principal level.

Aug 21, 2018 33 Comments

Hi salesforce folks

How much (range) does a PMTS make TC per year? I think the range will be pretty wide, just wanted some idea. Also, I have heard salesforce doesn't give RSU refreshers but do they make an exception with principals?

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TOP 33 Comments
  • Salesforce Zlwi01k
    Anecdote for you, I’m a Principal on 240 base, 20% bonus, 250/4 for TC of ~350. I know that’s near top of band at least on the base for a Principal.

    I just took a Staff offer in FAANG for ~500.
    Aug 22, 2018 3
    • OP
      Did you get 250 RSUs after becoming principal? Or is it all accumulated over time. Are refreshers common at that level?
      Aug 22, 2018
    • Salesforce Zlwi01k
      My initial grant was 250/4. I received multiple cash spot bonuses throughout the year (totaling about 50k) but no refresher.

      I’ve decided to leave salesforce so I don’t know if I would have received a refresher or not. I did sit through the RSU refresh meeting and the guidance was that the department had received a set amount of RSU $$ to be divided up at VP discretion (those without grants left first, discretionary refreshes used if any remain).
      Aug 22, 2018
    • Salesforce aaDS36
      You did the right thing.
      Aug 22, 2018
  • Salesforce / Eng Benion
    I am no principal but according to what I read in the Salesforce private channel of blind, more principals get refreshers than the lower positions although not all principal get it. The range in salary is wide for principal it can go from 300k TC to 400 K easily I guess.
    Aug 22, 2018 13
    • OP
      Friend, I think most companies don't do much in this regard until you leave (or show competing offer). Unfortunately, when you're on a visa, you don't have option but to leave..
      Aug 22, 2018
    • Salesforce hWg49
      @eBay you are actually right if you don’t count on stock appreciation. Most people who get promoted internationally only keep up because their stock vests over 4 years and it appreciates a lot
      Aug 22, 2018
    • Salesforce unknownerr
      There's a post saying that the median for principals in hq is around $315k.
      Aug 22, 2018
    • Salesforce / Eng Benion
      @hWg49 I don’t think you know the type of refreshers given at faang, that’s why you are saying like that.
      Aug 23, 2018
    • Salesforce hWg49
      I know. They give good refresher but they give even better RSU for higher level. Let’s say you are an E4 at Facebook, you get 300k initial rsu and with E5 promotion, you get additional 120k over 4 years (the base refresher for E4 is 70k, assuming that you have a really good performance multiplier to get to 120k). That results in 105k RSU a year for promoted E5. A new hire will get 150k a year. You need to count for 50% YoY stock growth to offset that.

      The base for new hires is also higher than the base for promoted employees too.
      Aug 23, 2018
  • Salesforce / Other
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    Principals in my group make 400+ TC, but that’s due to stock appreciation too. A large percentage of principal engineers do get refreshes of 80 to 100k a year. Internal blind said something like 80% of principals do get refreshes and nearly all the architects. I think the people that do get refreshes just aren’t complaining on blind. We don’t have as many engineers as FAANG and most are older people. All the leads and some senior engineers make over 300k too. So 300 to 400 isn’t really that crazy.
    Aug 22, 2018 8
    • Salesforce Zlwi01k
      I’m actually a PMTS and have talked with plenty of 9s and 10s as well as run recruitment and promo rounds for other 9s. Including working with recruiters on offer packages.

      You’re dreaming.
      Aug 22, 2018
    • Salesforce / Other
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      Erm. My w2 is what it is. And I’m not dreaming.
      Aug 22, 2018
    • Salesforce Zlwi01k
      I didn’t say there weren’t exceptions. You said “all the leads” which is obviously hilariously incorrect. You also said that all the principals are 400+ and I’m top of band grade 9 and it’s barely 400: they literally couldn’t offer any more and are giving me monthly spot bonuses to fill the gap.
      Aug 22, 2018
    • Salesforce / Other
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      I meant in my group.
      Aug 22, 2018
    • Salesforce unknownerr
      I'm a lead and I don't make 300k...
      Aug 22, 2018
  • Salesforce Dndudid
    I am at this grade, 300-400k TC is right
    Aug 25, 2018 0
  • Levels.fyi shows 540K TC
    Aug 22, 2018 2
    • Salesforce aaDS36
      I don’t know any pmts making more than 350 so something is wrong with levels.fyi
      Aug 22, 2018
    • Salesforce rcno01
      Stock appreciation or acquihire. Salesforce stock doubled in the last two years
      Aug 24, 2018
  • Salesforce / Eng Benion
    Buddy I am talking about faang companies here, with 100k or more of RSU refresher given every year in those companies for good performers the employee situation is much different there.
    Aug 22, 2018 0
  • Salesforce / Eng comment
    From my data points, new LMTS can be 300K+ but hard to reach $350K. After a few years RSU appreciation, it can be more. Sadly the refresh is tiny, so hard to justify a stay after initial grants are all vested.
    Aug 26, 2018 0

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