Coinbase salaries in Canada (SWE)

Was there any bump recently in the offers Coinbase gives out for IC5 and IC6? I hear much higher TC than was was given to me by recruiters. I was told that all the offers for a given level are the same, no negotiation and performance after joining determines TC going forward. IC5: 285k (USD) IC6: 340k (USD) #coinbase #swe

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sqjv70 Jan 3, 2022

Coinbase is location dependent. They’ll pay higher for HCOL areas.

Amazon fORb76 OP Jan 3, 2022

Not cost of living related. I live in a higher cost of living area than Seattle.

Amazon FoodLover9 Jan 3, 2022

Higher than Seattle in Canada?

IBM :; Jan 3, 2022

Can confirm ic6 if that means l7+

Amazon fORb76 OP Jan 3, 2022

Senior and staff, labeled ic5 and ic6 on levels.fyi

Apple dnsb253wvs Jan 4, 2022

It’s not due to CoL, it’s just market rate for the area. In a high market rate US area an IC6 offer is about $672k. In a medium market rate US area it’s about $630k. The difference per location is only on base (and in turn bonus). It does affect stock (at least not for those 2). This is without a performance multiplier. Since it’s all market rate related I have no doubt that it’s very different in other countries.

Amazon fORb76 OP Jan 4, 2022

So essentially, they low-ball Canadians and we should just not work for them.

Apple dnsb253wvs Jan 4, 2022

Which companies don’t do that? I know amazon pays a lot less for engineers in Vancouver than in Seattle.