How do Netflix people who leave Netflix for other (better or worse) opportunities have their salary matched. Netflix pays TC in all Base $$ Does the new employer match that base ? Or The total Netflix base $ is converted into the standard Base + Bonus + RSUs ? #compensation #salary #netflix #google
They match TC obviously. 500K+ base is C-suite level at FAANG.
Whats the obsession with base i dont understand. RSU in a public company are as good as cash.
Yeah, no one matches base and adds RSU. That would be silly. They offer a normal package and then we decide which has higher TC. RSUs are better than base, in theory, since the stock market trends to go up and they give you option value and guilt from executives who give bigger refreshers if stock does poorly.
Netflix option plan is better than RSU. You choose your own comfortable risk level. It can be all cash or all stock option or in between any year. Tax deferral is great.
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Nope. My TC was matched. So made the move.
Why did you decide to move for the same tc?
Its not always about TC. Work, decision making and seniority in the team matters as well.