True in my experience. I’ve had salary go up 10% and equity double when getting promoted. So equity goes from a small portion of total comp to the majority.
Is that at a public company? If so, it makes little to no difference where the extra comp comes from because you have immediate liquidity. If it’s a still private startup, that equity could end up being a liability if you exercise options and the company goes under. Or, it could end up being many times your salary.