>50% of engineers at Google are L4+. For the last few years, at L4 you should have been getting annual ~$100k grants over 4 years if your work in The Bay.
My understanding is that FB paid even more, and that Amazon was maybe 20% behind at the same level.
It's not like pre-covid engineers got nothing and now you get a $120k Bonus suddenly.
But total compensation is likely higher than you mentioned.
You have an initial grant that vests over 4 years that currently is absurdly high - usually more than your base (after appreciation).
Then you have 4 of the grants that stack each year. Plus your 15-25% cash bonus.
Plus you usually get a couple small ($1-$5k) bonuses throughout the year for the projects you're working on.
FAANG salaries are no joke. Especially Google and FB.
These are for average performers. Above average performers get up to ~100% more bonus and rsu
At each promotion, these numbers increase by around 15-20%. (Same for L4->L5 promotion, but L4 is not a senior level at Google)
* These are ballpark Bay Area numbers for L5 to L8.