What’s the deal with posting TC?
I’m new here. Why does everyone post their TC even if their posts have nothing to do with compensation questions?
I’ve been curious about that too
It’s a “you know what” measuring contest. That’s all.
Because this is one of the main benefits of Blind. It helps people know how they are doing compared to others in terms of compensation and whether they are underpaid.
It's an old blind rule. If you ask for something the bill is to publish your TC and yoe. Hence the famous "TC or GTFO" A few months back it was reinforced heavily. Without your TC everybody will jump to your throw. Regrettably it is more lose these days.
This explains it, thank you. It’s just funny when someone asks something like “What do you think about the DoD contract? TC: 450k”
Welcome to Blind, a not always warm community but extremely helpful for TC and others stuff.
Stupid question: I'm new to Blind, what is included in TC?
Base salary, sign on bonus, stocks is the basic combo. Total comp can include a lot though technically. If they provide car service, reimburse tuition, pay healthcare, 401k match, etc. Basically anything that is either paid for that you would have to come out of pocket for can be considered part of your compensation, anything that adds to your net worth either directly or indirectly can be considered compensation.
Do you include 401k match in your TC? Hear some companies offer as much as 15% match
Google, along with many companies, matches 50% of contributions up to the legal limit. It’s a free $9.5k every year. It should be included in your comparison of offers, but generally no, it’s not counted as TC on Blind.
Also worth comparison if the company has a mega-backdoor 401k option. It makes you tax free gains forever on the money you put into it (which is going to be worth hundreds of thousands of dollars for every year that you contribute the max - 27.5k - at a young age). It’s a huge benefit that people generally don’t count in TC either but definitely should keep in mind when comparing companies.
TC includes: base salary, cash bonus, vested stocks in dollar amount.
Not true. For companies that are not public, you can count it in TC, you just need to add a little disclaimer or discount the value to what it’s safely worth. Nobody is going to argue that your Airbnb stock is worth nothing. It should be included in TC. But just discounted to what it’s conservatively going to be worth.
Can you give a concrete example?
kindly revert back with TC.
I will do the needful
The needful is your TC. Let's have it. Eh, SAP?