Re:Stripe Layoff 14% of Workforce
by thundergolfer on Thursday November 03, 2022 @12:32PM
(#33453551)
A single Stripe E3 role (senior eng) can pay over $500k/yr.
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How much of that $500K is liquid?
this is a $500K question
Re:Stripe Layoff 14% of Workforce
by countvonbalzac on Thursday November 03, 2022 @01:55PM
(#33454827)
Looks like on average an L3 SWE at Stripe gets paid 215k stock, 218k stock, 34k bonus. So ~53% of pay is liquid (cash), the rest equity in a private company.
Source: https://www.levels.fyi/?compare=Stripe&track=Software%20Engi...
Re:Stripe Layoff 14% of Workforce
by thundergolfer on Thursday November 03, 2022 @03:39PM
(#33456314)
The equity vesting is a $$ amount though, not a number of shares, so it's less volatile than typical RSUs.
Re:Stripe Layoff 14% of Workforce
by animitronix on Thursday November 03, 2022 @01:43PM
(#33454658)
And that's why they're having layoffs today