Hacker News new | ask | show | jobs
by joshuamorton 3048 days ago
This would imply you're at the Director level or above at GS. I expect you were L5 or less at Google, so this would make sense, but I'd expect Director at a big bank to be equivalent to an L6+ role at a Google or FB, or am I totally off base somewhere. (that is, you aren't really expected to make director)
1 comments

I've seen non director (pres) level offer packages up to $300k including guaranteed bonus minimum.
Those are well within what an L5 could get at Google. Unless you mean 300K base and a significant (ie 30-50% bonus).
That's non-director level, upper end of the vp level.
I'm not quite sure what your point is. Mine was that their bonus being > salary implied a role/level at a bank that was higher than what they likely had at Google, so a commensurate salary increase would make sense.

Could you explain what you're getting at?

Just that pay is high for basically a sr engineer at the right location (close to the money).

The fact that bonus is 50+% of base is normal for those roles, more normal than faang comp. Compensation is just structured differently, so it isn't useful to use it as a measure of seniority between the two industries.

Oh I misunderstood the first time reading this comment. Bonus > salary pretty much never ever happens in Tech, until you're in an executive role.

It happens earlier in banks, but for most banks, it still happens at the level of Director (as opposed to Partner), not VP. I wasn't comparing comp structure to compare seniority. I was using comp structure to guess at seniority within the ladder of BB Banks and then comparing roles.

Right, and my point is 300K all in is not more than senior comp at a FAANG.