Waiting for an offer for a L5 swe. I have 8 years of experience. How much should I expect in base and total comp?
180k base and 800k stocks
Did you get this offer?
That's about right.
That sounds high unless you’re a very senior L5
I think only VP or L8 make 1.3M per year.
Use these two sources to get some approximation. Maybe 350$k TC approx https://www.levels.fyi/?compare=Facebook,Google,Amazon&track=Software%20Engineer https://us.teamblind.com/s/sN8uYpop
Anywhere from 300-500k TC
Please value your RSU in TC at 90% discount. IPO is far from certain and likely not happening in the next 4 years
Lol, who told you this ? It’s not true
Irrespective of IPO you should still value it less than 50%
Really? I thought it’s next year
Thanks Pinterest Folks for sharing the data. I’m not the OP, but some exec reached me to join an interesting ML project. I check 2018 revenue expectations ($600M), and feel current MC of $12bn already stretched. Those who join lately how do you feel confident on the RSU valuation. Should I consider it at 50% discount to match current FB rsu comp?
Nah. Comparing it to Twitter/Snap market cap, it’ll probably go up after IPO. Our growth is still strong, ad revenue looks solid, and we haven’t even monetized internationally yet.
What about sign on bonus?
Your quota is wrong, my friend. Reach out again for the ml project.
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500+ TC
For l5?
About right