What's the difference between a first year lawyer at a big law firm and first year public defender, other than $140K a year? |
Well how do you find those high compensation companies? I’ve had offers from over a dozen companies, and they were barely above my contractor salary ($160k). |
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For the past 8 years, DH has ridden the competitive market with the FAANGs. Eight years ago he went job searching and got a competitive offer at another FAANG as the FAANGs were stealing each other's talent at any cost. At 4 years in and when his stock/bonus from that jump were about to be all vested and his comp would have been reduced by 50%, he took his 4th year comp and presented it another FAANG after a job offer. He has made $1.5M+ a year for 8 years. Sadly the gravy boat has turned dry, and 2022 comp will be somewhere in the $400K.
(seattle) |
I'm an "average" software systems engineer. I don't see that there is a disagreement. It looks like my salary is slightly above the median. I don't think anyone has said that there aren't those high performers who are making more, just that those tend to be the exceptions, rather than the rule. Using the link you posted, those making $400k are in the top 1%, as someone else mentioned earlier in this thread. Also using your link, we see that most of the top earners have over 10 years of work experience, very few have less than that. Again, not that they don't exist or are not possible, just not something that a person can plan to become. It takes a special combination of personality, work ethic, and know-how. |
The comp structure (RSUs/equity that vest over a few years and then stop) is very strange. I know some companies do refreshers, but seems they often still lead to significantly reduced comp. Is this basically an up or out strategy? I don't understand the concept behind effectively reducing comp for long term employees. |
What is your DH specialty to command that kind of comp? What is he doing? |
I confirm. I make 120k in low cost area. If I hoped now I may get 150k but that's for a senior position. |
PP, please come back and share your wisdom! |
| $210K total comp, S&OP Dell Austin |
| Data scientist at a non-profit trade association: $200k. |
At Amazon, year 5, it significantly goes down with RSU's especially if the RSU value goes up. You basically have to job jump every few years and go where the money is. You cannot count on how much you make with RSU's. We live on salary only. |
Do you have a clearance? You have to shop around. You have to go to the big companies, not the small companies. |
Some years my spouse has it that but its mostly because off the RSU's not actual salary. |
Or, industry lobbying…. |
Secret clearance, that’s it. |