Edit: there is skew in the numbers, not some in the numbers.
There are actually multiple sheets. Here's one: https://docs.google.com/spreadsheets/d/1-CqO6Px-0yA2421OOtJo...
So T4 after 16 years is very surprising. Something is off.
Assuming your experience translates well, people frequently go for promo within a year or two.
I don't buy that. I get that Google has a whole lot of proprietary stuff they have built their business on, but being in that situation is not unique to Google.
> Assuming your experience translates well, people frequently go for promo within a year or two.
If that's the case, I'm not going to feel bad rejecting this offer.
Is this just for within Google or also from Google's perspective of hires from elsewhere? Because I have to admit I have not been past mid-level (which I guess is the Eng II equivalent) for over five years.
I have 10 years experience in my career and never held a senior position, officially. Do I miss out a lot in seniority by just being a permatemp and contractor for small shops?
If you want to compare your offer, look at GOOG, AAPL, FB and what their stock value was in 2016. Use that share price to figure out what the employees that were hired in 2016 were offered in terms of stock, and compare your offer.
There is no magic to it. HR is just taking what they think they need to offer to be competitive, assuming a 10-20% annual increase in stock value, and making the offer. The primary reason why you see such high total compensation numbers is that tech stocks have done extremely well recently, which has put employees above their target compensation.
1) Selection bias - people with larger comp packages are more likely to report their earnings.
2) Ego - people tend to embellish their reported wages.
3) People are reporting capital gains on their stock grants as income. If you started as a L4 3 years ago, I don't doubt you are making 250k with the growth Alphabet has experienced. If you start as an L4 today I guarantee the average is below 200k.
My read of the numbers floating around the internet suggests my refresh grant was for outperforming and my TC is high for my band. Whether my new TC is less than my first year, who knows. I'm happy with my work, and while the comp could be better (I should be at the next band but promotions are slower to come by in FAANG), I don't know if I'll ever even leave my company given that my total comp for a mid-level software engineer (at my employer) is already over $300k.
In 2018, RSUs are worth twice as much as 2014, so people hired for the same role in 2018 get 6 RSUs ($60k) while the people hired in 2014 are still getting [at least] 12 RSUs ($120k).
This is what I'm talking about with regards to stat inflation on this reporting.
IIRC: T4 (it wasn't called that internally. it was the "SWE III" smaller text on the box), 100k/yr salary + ~15k stock / yr, don't remember bonus, in 2011. ~$114k adjusted for inflation.
It happens to all of us.