Re:Silicon Valley Software Engineer Salaries by Experience L...
by vonmoltke on Wednesday November 29, 2017 @03:20PM
(#15810476)
Those are in the top subset I was referring to. Most engineers working for established companies are not working for that subset. I'm not aware of Oracle, Cisco, or similar-tier companies giving stock grants to engineers.
Cash bonuses are a different animal. I agree with your range (at least if you exclude defense contractors). Those alone are well short of doubling compensation, though.
Re:Silicon Valley Software Engineer Salaries by Experience L...
by lostboys67 on Thursday November 30, 2017 @04:58AM
(#15814641)
Many FTSE 100 companies in the UK do have share save schemes available to all employees
Re:Silicon Valley Software Engineer Salaries by Experience L...
by onion2k on Thursday November 30, 2017 @01:51AM
(#15813934)
More senior engineers will get an extra 10-25% each year essentially automatically.
The reason part of your salary is a bonus rather than the base is so that it can be withheld if necessary, eg in a bad year. Believing that bonus is an automatic extra 10% will, one day, leave you 10% short of your expectations.
Re:Silicon Valley Software Engineer Salaries by Experience L...
by fpisfun on Thursday November 30, 2017 @03:08AM
(#15814149)
Yep, my company cut bonuses this year, so no 10% for me, definitely not something to count on.
Re:Silicon Valley Software Engineer Salaries by Experience L...
by lostboys67 on Thursday November 30, 2017 @04:59AM
(#15814643)
Depends if its contractual or not
Bonuses are often structured as a % of your base salary based upon your rank. More senior engineers will get an extra 10-25% each year essentially automatically.
This is separate from RSUs, which vary a lot more widely. Their value is especially dependent upon company stock performance.