I regularly see 300K offers on here by young professionals. I am curious if people add up their stock to base/ signing bonus or do they average by number of years?
I look at my TC for that year or nearest upcoming year if the year is almost over. I haven’t been including 401k match and HSA. Prob should include match..
Everyone has their own way. Mine is: Average yearly compensation for the next 4 years = base + performance bonus + cash sign on/4 + initial stock grant/4 + (total stock refreshers vesting during the 4 years)/4 + 401k match + HSA company contribution. In short, how much *real money* you pocket yearly.
This is the correct way
What's the TC at Neuralink?
The correct way is to get the figure from your tax return.
TC ~= Total gross on W2
Except people do not see their RSUs on the W2 until they vest, which can sometimes be one year for the first chunk. So then how can that be counted in the W2? 401k match does not show up under gross in the W2. Should that be left off of TC?
1) That only applies for the first year if so 2) Some people do count it some don't, an extra ~5-10k in most cases, hardly makes a huge difference.
You take the max reported so far and add 50k
Snow people add signing bonus which inflates a lot
Also how accurate is levels.fyi?
Are you shocked vs what MS pays?
Most likely levels.fyi salaries are slightly above average. People will tend to over report their salaries, but even then levels.fyi is decently accurate.