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by JimboOmega 4309 days ago
Is the going rate $250-$300k these days?

Honestly, though - beyond just larger equity grants, I'd like to see companies have people get rewarded when the company does well... Through some kind of bonus (in equity or cash).

It seems like most companies either have bonuses that are pretty much an expected part of salary, or they have no bonus in any situation. I've only really been part of the latter, though.

3 comments

Depends on the area but 300k is probably pushing it outside management and less than 15+ years of experience. Most fresh out of college offers at big companies these days I hear are slightly north of 100k, so 150-200k for senior folks isn't out of the ordinary.
For a highly experienced senior engineers capable of largely independent delivery of projects with roughly 8-10 years of experience on a platform, very deep understanding of at least one language with a bunch of experience in one or two more, etc etc seem to be getting about that much including grants at the big companies, particularly after being there perhaps 3 years and getting grants annually.
What is a grant? Familiar with the term in an academic setting, but not that much in a work setting.
In this context, it's a chunk of equity.
> $250-$300k Probably not the going rate, but to convince a top-notch dev to work in SF proper? Sure. Keep in mind that adjusted for cost of living, that's like $125k-$150k in most parts of the U.S., which isn't crazy for a top-notch systems engineer.