When people post their TC here what do they mean ? Base + 4 years stocks ?
TC for years 1-4 / 4
Tc or gtfo
Base bonus and stock. Your company might provide a TC statement in your HR site.
Base + bonus + stock grant for that year (or average expected annual stock grant)
They also add the perceived stock value when they retire.
😂
The number they expect to see on W2 each year.
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.
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
What if I make more in investments vs tc #passivebrag
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.
yup I prefer 2 year average as well
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.