[simpleguitar]

If you look at FAANG earnings, their annual gross revenue (before expenses), is at least $1M per employee. Last time I looked Apple does $1.5M including all their Apple store employees.

It's not just insane valuation. If the employees are bringing in $1M per head, you can afford to spend more on those who are making stuff.

[jeffreyrogers]

It's still the case that most of the total comp is from RSUs, and often the people making $500k+ are making that because of appreciation in the stock price. Their initial offer wasn't that high.