I think of it as base + stock awards + bonus + 401k match + HSA match. Is that right way to calculate TC when asked by recruiter?
Base + stock awards that will vest in the year + bonus. Don’t include 401k, HSA, free food, etc.
Microsoft gives 9500 for 401k match, nice value to add up to TC. Don't you think?
Most companies of interest here give similar matches. It adds noise to the TC. My Intel match was $10k fwiw.
Crucial part of question: “when asked by a recruiter”. Definitely include 401k match and whatever other compensation/perks you can assign a dollar value to, especially if the new employer has fewer such perks. When comparing TC on blind, keep it simple. When negotiating for salary, be liberal.
Thanks, I will add up everything for recruiters.
Yes, also cost of living, upcoming bonuses/RSU grants, relocation costs... Also include intangible perks, like commute time, promotion/learning opportunities, WFH culture. It's important to pull out every piece of leverage you have.
I do base + stock vesting that year + refreshers vesting that year + expected bonus. I don’t count benefits or 401k etc.
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I was wondering the same thing. And for the stock award do you only count what vested that year or what you were awarded during the review? Also the $800 stay fit benefit?