Making 130k base with no other compensation at Boeing in LA area as an engineer. I do get profit sharing, which is only about 5k a year.. no bonus. Never saw RSU in my industry other than senior managers or above. Are RSU and bonus standard compensation for all employees at the tech companies? How much should I expect if moving to a top tech company as a lateral?
Yes, they are standard, even for the nontech roles in tech companies. It's hard to say what a lateral would be, depends on your performance in the interview, but you could expect much better than 135k annually. APL, AWS, GOGL all have engineer openings in LA, good luck!
Apple Google Facebook Amazon are not standard. They are outliers in terms of compensation. Most tech compensation are like what OP described with little room for negotiation.
Disagree. A software engineer in LA that has decent skills should be in a tech company that gives 10-20% annual bonus and some RSUs.
I used to work at Boeing a long time ago. Getting paid $130k is REALLY high unless you are old. Congrats
Definitely not everyone at Cisco gets it. Probably depends on a department.
Would you take the money company X paid you and buy company X stock?? Probably not.
Depends on the company. My first gig paid all full time employees a minimum of $5,000 of RSU per year. If course more senior positions got more, but it was cool knowing that everyone working there was an owner in the company. Verizon on the other hand? No, I'm not aware of any engineers who get RSUs.
Go over to ViaSat and you'll get some RSUs as an entry level engineer. I got about $20k worth when I started a year and a half out of college, and another grant after a year. left after two years with 100k salary. I got bonuses but they're discretionary. They're pretty selective about hiring from other companies but since Boeing did their latest satellite I'd say you have a chance.
Yes it is normal. Base $148k + 14% bonus + 30k RSU
Depends on the company, I am answering for swe. Most companies offer base, bonus and/ or some kind of equity comp. For a middle level engineer your looking at 100k-140k 5-10% bonus and/or hundreds to thousands of dollars in stock options/rsus etc. It depends on your skills, negotiation and productivity. Not every company offers this and is dependant on your underlying industry and wether the company is a tech company or not.
130k base + 15% bonus + 50k+ in annual stock
for reference. I'm a 27 year old non-eng making 195k total comp
also for reference: Boeing sounds cool, and i don't really like my job