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Fishes, how were the appraisals in general at Deutsche Bank for roles in Mumbai location? Understand that they got concluded only recently so it will be interesting to know. While it may vary from function to function but we will atleast got to know a ballpark figure. Also if you could add your designations, will be great.
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Mentor
Your total comp will consist of a mixture of salary (which is usually low compared to other tech firms), starting bonus that pays out monthly over two years, and stock options that pay out over 4 years in a 5-15-40-40% split. (Sales positions also get commission).
Stock is negotiated up front in a number of shares rather than a value of shares, so if the stock price appreciates, so does our comp. Beyond that, the ranges posted above by McK1 are a bit high for a non technical role on the east coast, but probably aren't too far off for Seattle or the Bay Area.
Annual reviews look at your annual comp based on stock price during the review. Based on your performance for the last year they set your target comp and award stock to get you there.
So, you can some poor stock performance made up if you're an upper tier performer.
But likewise good stock performance can mean no raise even if you were a good performer because your invested RSUs put your comp above their target
How would it differ for a TPM? Entering final rounds with several FAANG and expecting 2-275 between them all.
Mentor
The bands are pretty wide and the top of one will overlap with bottom of another. Probably 150-250 L5 and 200-300 L6?
Would be thrilled with that !
What offer did you get? Was it L5 or L6?