Re:Ask HN: What steps can I take to earn $250K+?
by ryanx435 on Friday July 13, 2018 @11:51AM
(#17523972)
RSU is "restricted stock unit"?
so basically you get equity worth 250k. But what is the actual take home pay amount?
Re:Ask HN: What steps can I take to earn $250K+?
by aminotaa on Friday July 13, 2018 @12:35PM
(#17524420)
For individual contributors, equity and bonus range from 50% to 100% of base.
For leadership, equity and bonus are from 100% to 300%.
For senior leadership you might as well have your base at $1 if you are into those kinds of stunts.
Re:Ask HN: What steps can I take to earn $250K+?
by vbtemp on Wednesday July 18, 2018 @10:13AM
(#17558529)
Good formalization of a value statement
Re:Ask HN: What steps can I take to earn $250K+?
by cam3ham on Friday July 13, 2018 @11:58AM
(#17524039)
$250K salary + RSUs? Or $250K total compensation?
Because the latter isn't that great with the COL in the Bay area. Also, if the company isn't already public... then forget about the RSUs!
Re:Ask HN: What steps can I take to earn $250K+?
by aminotaa on Friday July 13, 2018 @12:32PM
(#17524386)
$250k+ total comp.
Companies that offer high base tend to be lackluster on bonus and equity.
RSUs, if offered, are tradable in almost all cases. Options are vapor 90% of the time.
COL in Bay Area is not that much higher compared to TX, WA or CO.
As a software developer at I4+ you have to
- Be able to independently complete start-to-finish large features in reasonable time
- Drive resolution of complex problems (fix any bugs with your code and medium bugs elsewhere)
- Deliver high-quality work (low bug rate, low failure rate, high flexibility, great coding style, automation, documentation)
- Introduce improvement ideas and get them implemented (gets harder the more people get involved)
- Own a functional area end-to-end
- Have product-wide technical and functional knowledge (know everything that your department is working on from both developer and customer perspectives)
- Mentor junior engineers
- Excel at communication
- Participate in recruiting
If you can demonstrate the above, you should have no problems getting hired at $250k+ in Bay Area.
Getting to above $500k is another story. Took me 20 years.