What does TC constitute ?

Salesforce dummyUser
Nov 2, 2018 25 Comments

When people post their TC here what do they mean ? Base + 4 years stocks ?

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TOP 25 Comments
  • Facebook / Eng gywtb
    TC for years 1-4 / 4
    Nov 2, 2018 0
  • New / Legal
    KRqJ07

    New Legal

    BIO
    I eat dirt
    KRqJ07more
    All this time I thought posted TCs were 1 year. Was feeling inadequate
    Nov 2, 2018 2
    • Facebook / Eng gywtb
      lol they are
      Nov 2, 2018
    • Box Qwapi
      So.... Still inadequate :/
      Nov 3, 2018
  • Microsoft / Product @zzz
    Most offers these days are usually some variations of a 4 year plan that includes base, bonus, stock.

    In a spreadsheet, put year 1-4, and all the items that break up.

    Put all the items that make the comp. Don't forget things like 401k match and vacations. Companies like msft, that has a very significant monetary value.

    Now two cases - current Co v/s new offer, or comparing 2 new offers.

    In general I do not like the 4 year horizon because so many things can change, promo, stock price, etc. So I just looking at the next 1 to years. But if you like, do the 4 year estimation, but typically the first 2 is sufficient for you to see where you will make more in the next 2 years.
    Nov 2, 2018 1
    • Facebook / Eng gywtb
      yup I prefer 2 year average as well
      Nov 2, 2018
  • Facebook / Eng gywtb
    I’ve always thought TC should be defined in two different ways depending on the use case

    when you’re comparing new offers to each other, you should use the direct on-paper value (sans stock appreciation, refreshers, one-time bonuses etc). but when comparing current job TC to new offers or outside of offer comparison, W-2-ish total TC is def relevant
    Nov 2, 2018 0
  • Apple bqdp
    Base + bonus + stock grant for that year (or average expected annual stock grant)
    Nov 2, 2018 0
  • Dell Bret Hart
    Tc or gtfo
    Nov 2, 2018 0
  • Apple / Eng Marijuana
    Annual base, annual stock, annual bonus.
    Nov 3, 2018 7
    • Apple bqdp
      That depends on stock performance, though. I think the more useful number is how much the company is actually giving you each year.
      Nov 3, 2018
    • Apple / Eng Marijuana
      If the price goes down, the company should adjust up the number of shares to reflect fair compensation relative to this year’s new hires.

      Regardless, it’s based on the stock price at the time you joined. It was in the low 100’s when I joined.
      Nov 3, 2018
    • Apple bqdp
      The grant isn’t (and shouldn’t be) based on your unvested shares.

      Every year’s grant is just based on your reviews (and manager discretion) for that year. You never get extra RSUs just to make up for the stock going down.

      The grant size is based on the stock price on the day of the grant, yes. But that’s an implementation detail. They’re just giving you $150k equivalent or whatever.
      Nov 3, 2018
    • Apple / Eng Marijuana
      Yes you do get your RSU’s adjusted if the stock price goes down a lot.
      Nov 4, 2018
    • Apple bqdp
      Your previous grants? I’ve been here for 7 years and never heard of that happening.
      Nov 4, 2018
  • Amazon / Eng DingDong22
    The number they expect to see on W2 each year.
    Nov 2, 2018 1
    • Apple bqdp
      That has way too many other variables. TC here is mostly used to compare compensation from various companies, so it should be defined in terms of exactly what the company is directly giving you.
      Nov 2, 2018
  • New C12H22
    They also add the perceived stock value when they retire.
    Nov 2, 2018 1
    • Google / Eng
      Shaktiman’

      Google Eng

      PRE
      Amazon
      Shaktiman’more
      😂
      Nov 2, 2018
  • Homesite Group / Product Pou4
    Total Compensation seems to be what most people are interested in here, that is base + current value of RSUs/options.

    I think a more interesting figure is the Target Total Compensation, or what value prior to market appreciation did your company set for your role?
    Nov 2, 2018 0
  • Microsoft Lmjt68
    What if I make more in investments vs tc #passivebrag
    Nov 2, 2018 0
  • eBay / Eng Derpherp
    Base bonus and stock. Your company might provide a TC statement in your HR site.
    Nov 2, 2018 0
  • Box Qwapi
    Generally base, stock, bonus. Could also include value of other comp such as if they're paying for your housing, children's school, country club membership, etc.
    Nov 2, 2018 0

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