I'd like to know how high is high in SV. Especially for junior positions.
I'd like to know how high is high in SV. Especially for junior positions.
https://news.ycombinator.com/item?id=11314449
As a skilled junior person without having/being known for specific connections/expertise, probably the best generic advice, if your goal is purely optimizing for salary $$$ [and I wouldn't blame anyone for this, but I'd say there are many other factors to optimize for as well], is to get offers at various places, while making sure at least a couple bigcos are included, and play the standard negotiation game (they don't really negotiate with you; they negotiate with each other over you). Also, don't be afraid to jump ship early on when you get a better sense of the numbers you can command and avoid inertia. Inertia can be a big hinderance, especially very early on when a recent decision with much less data is made; a course correction might be essential.
P.S. people who make the real $$$s, don't do that by optimizing for a (risk-free) "salary" taken from an employer, so always keep that in mind.
Don't allow your major life decisions to be made on auto-pilot. If you want to stay, then make a conscious decision and stay. If you haven't made such a conscious decision in years, it's time you had that conversation with yourself.
- new grad: ~175k
- 4 years: ~300k
- 6 years: ~350k
Note that I'm including equity, expected cash bonuses, 401k matching, and sign-on bonuses (which I normally divide by 4, since 4 years seems like a typical period to stay at these companies). ~316k from a public company
290k~350k from a private company, depending on which valuation you use (409a vs preferred)
Again, this is including equity, expected cash bonuses, etc. I have 4~5 years experience and no unique skills.The key is to get at least 2-3 offers around the same time, do a lot of research, and be mindful about what info you share when negotiating. When a recruiter asks about salary expectations, I think it's good to share a number, but it could be your current salary, a competing offer, or just a (substantially high) target number. And it could be base salary, or blended compensation. Share the bits of info which are most advantageous to you, and keep the rest private.
The new grad and 8 year numbers are from some info friends have shared with me, and some public info (like the spreadsheet that appeared on HN a while ago, and some info individuals have shared on Quora).
Interesting to see similar numbers from elsewhere.
First year, what would the person get? $195k, with $160k salary and 35k in stock?
I say $220k total comp and that I will count equity but if it's not liquid it won't be worth much.
I base that off of what I would get at Google or Facebook (including equity).
I've asked around and most companies take it seriously.
For junior engineers, I would say $160k. For mid, $180k - $200k. Again, total comp. Equity counts but at my value, not theirs.
220k is perhaps on the lower side for senior, maybe closer to 250k is on target. $140k at Google plus 90k in GSU/yr + 20k annual bonus. Could be much higher though.
It is also important to note that years 2,3,4 at Google are going to likely result in stock top ups and comp will skyrocket, but I was largely referring to starting salaries here.
Edit: Also, as mentioned I'm a young Senior. Google isn't likely going to bring me in at level 4.
Started at 107.5k with promotion and raise to 120k