Re:Does It Make Sense for Programmers to Move to the Bay Area?
by morgante on Wednesday December 14, 2016 @11:07PM
(#13182312)
That's salary alone, not total comp.
Re:Does It Make Sense for Programmers to Move to the Bay Area?
by ryandrake on Wednesday December 14, 2016 @11:15PM
(#13182351)
Your post only mentioned salary.
EDIT: And to add more to the conversation than that curt response:
When I compare take-home pay among various jobs I tend to ignore bonuses (because they're subject to your employer's whim--you don't necessarily get them) and I tend to ignore equity (because it's typically temporary--once you vest it no longer adds to your yearly take-home). To compare apples with apples you can only really compare base salary.
Re:Does It Make Sense for Programmers to Move to the Bay Area?
by temp20160423 on Thursday December 15, 2016 @03:00AM
(#13183179)
That is nuts to only compare base salary. At the big 4, base salary will be <60% of total comp. It's possible that Goog will hit really tough times and no longer pay the annual bonuses and it's possible they don't offer equity refreshes. But it's much more likely that Goog's business will hold steady (or grow) and the company will want to continue attracting candidates. It's much more likely that employees get refreshes so that their pay in years 2,3 and 4 are higher than the pay they were promised at sign-on. However, it's possible for pay in the 5th year to drop if the initial grant is huge.
Re:Does It Make Sense for Programmers to Move to the Bay Area?
by morgante on Wednesday December 14, 2016 @11:22PM
(#13182381)
I think it makes sense to discount those factors, but ignoring them entirely is disingenuous.
A company offering $100k in salary + $20k in bonuses and $80k in RSUs is paying significantly more than one offering $120k in salary with no bonus or RSUs.
Also, Glassdoor tends to skew low. Here's a more reasonable database of new grad offers which average $109k base for public tech companies. [0]
1: http://www.payscale.com/research/US/Job=Software_Engineer/Sa...
2: https://www.glassdoor.com/Salaries/san-francisco-software-en...