Re:Tell HN: You can't hire because you don't post salary ranges
by jacquesm on Friday July 22, 2022 @09:18PM
(#32199228)
$500K / year at year four is something entirely different than $500K / year. And that's what the OP said they were making.
Re:Tell HN: You can't hire because you don't post salary ranges
by ricardobeat on Friday July 22, 2022 @10:10PM
(#32199531)
How often do people get one large grant upfront, vs yearly refreshers? I was under the impression the latter is the norm.
Re:Tell HN: You can't hire because you don't post salary ranges
by jacquesm on Saturday July 23, 2022 @04:59AM
(#32201618)
There are plenty of people making $500K total comp annually right here on HN.
Re:Tell HN: You can't hire because you don't post salary ranges
by comp_throw7 on Sunday July 24, 2022 @02:30AM
(#32210930)
Yearly refreshers come on top of the initial large grant - I've never seen a place that had yearly refreshers without an initial grant.
For the standard 4-year vesting schedule, and assuming a new $350k grant every year, this means actual earnings are:
If you leave here, at year 4, and lose all unvested options (expected), your actual average was $281k/year.Only by year 5 you'll finally actually earn the $500k/year, and the vesting schedule has such an impact on the early earnings that even after a decade, your yearly average is still $400k.
Not to forget taxes. So the idea to "save for one year then take 6 years off" is kinda off the menu unless they've been at the company for a long, long time, or are willing to spend those 6 years living in Thailand.