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by throw_me_up
1629 days ago
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Maybe a few engineers are making that in SV, but the vast majority are under $200k for salary. With public companies that are doing well in the stock market, total compensation can certainly be $500k. But I think it is an important distinction to make that more than half is from equity and that equity is only lucrative while the company stock is doing well. If the stock market crashes or the company's stock gets in trouble, most of those engineers won't be making $500k. |
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Dont get me wrong - I would love to hire engineers from eastern europe there are rock stars there but without a local office or presence there it is difficult and there are risks (trust, enforceability of laws) as well as operational overhead with remote in a completely separate TZ