Typical yearly raises at SpaceX

Amazon
x509

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x509
Aug 12, 2020 15 Comments

What is the typical percentage annual performance salary base increase and stock grant at SpaceX?

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TOP 15 Comments
  • SpaceX
    dCyK05

    Go to company page SpaceX

    dCyK05
    2-3% for solid reviews. Don’t go to SpaceX unless you are super dedicated to the mission. You’ll hate it.
    Aug 12, 2020 5
    • Amazon
      znabevfo

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      znabevfo
      Got rejected recently because the team felt I “wasn’t passionate enough about SpaceX and the mission” lol
      Aug 12, 2020
    • SpaceX
      qadwed

      Go to company page SpaceX

      PRE
      Google
      qadwed
      Yeah but I don't think it's a cult around "Elon" exactly. I would say 80% of my coworkers I work with don't have much nice to say about Elon himself. But there is a universal love of working on space and rockets and sci fi stuff. There definitely are the 10% of people who grovel to Elon on everything who are super annoying to everyone else. They are usually new
      Aug 12, 2020
  • Amazon
    Fcuk Tony

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    Google
    Fcuk Tony
    Folks at SpaceX don’t have time for Blind.
    Aug 12, 2020 0
  • SpaceX
    qadwed

    Go to company page SpaceX

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    Google
    qadwed
    Pretty terrible. I'm always surprised how many real lynchpin people end up leaving on their fifth year due to the huge cliff from poor refreshers and practically inflation base increase
    Aug 12, 2020 3
    • SpaceX
      qadwed

      Go to company page SpaceX

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      Google
      qadwed
      For mid rating something 2.5% base and 1/5 of the initial grant (for myself that's much higher than 10k but the actual amount depends greatly on dept, role, and level). Since the grant vests on a 5 yr schedule this is basically flat but does not account for increase in stock value so the refresh is much less stock as time goes by
      Aug 12, 2020
    • Amazon
      x509

      Go to company page Amazon

      x509
      OP
      Thank you. I really appreciate the information, quadwed
      Aug 12, 2020
  • Wow. Elon is a real douchebag indeed
    Aug 12, 2020 0
  • Lyft
    haiiwbegs

    Go to company page Lyft

    haiiwbegs
    Never worked there but I always thought Tesla, spacex, or game studio companies were full of engineers who loved the company and didn’t care they were low balled.
    Aug 12, 2020 0