TC change on promotion

New prguy
Aug 22, 2018 8 Comments

How does TC change on promotion at the same company ? Is there a fixed formula companies use or is it negotiable or what exactly is the process ? How are new numbers fixed ?

Lets say someone is at Facebook ( E3 ) and after 2 years gets promoted to E4. How will base, RSU, bonus, refresher change.

Assume current TC is 120k/45k/10%.

Especially looking for answers from Fb, Google and Apple.

What happens in most cases and what happens in rockstar cases ?

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TOP 8 Comments
  • Apple / Eng cho Chang
    Typically getting promoted puts u at the bottom of ur new comp band.
    Aug 22, 2018 3
    • Apple / Eng cho Chang
      Makes it a good time to get a new job with comp higher up in the equivalent band at another company.
      Aug 22, 2018
    • Apple / Eng JobsHand
      ^This. Promotions usually put you on the lower end of the next level (happened to me). However you can leverage promotions for a better position at a new company.
      Aug 22, 2018
    • New prguy
      OP
      Seems like regular job change or in other words continous leetcoding is the only way for good TC jumps
      Aug 23, 2018
  • Facebook / Eng 4x4
    Very formulaic @ fb. Your performance every half adds a certain multiplier though.
    Aug 23, 2018 2
    • New prguy
      OP
      So on change of level you are put on lowest band of new level or performance plays a big role ? Do you get additional refresher on promotion ?
      Aug 23, 2018
    • LinkedIn / Eng Buffy VS
      Are you saying promo doesn’t affect numbers, and all numbers are computed based the perf formula?
      Aug 23, 2018
  • Facebook / Eng 4x4
    Unsure about the band placement, but I doubt it’s bottom. Probably middle. Performance probably plays role. But the band is not that wide so don’t worry about it.

    You do get a refresher annually. Promos increase refresher size. Rockstars may get a huge one on top called DE(discretionary equity).
    Aug 23, 2018 0