Hi all, was hoping for clarity on offers from FANG/Tier 2 tech I received recently. Base pay is still within range of 130-150K, but equity components have dropped dramatically. For reference, for similar positions, I was receiving grants of 150K - 200K over 4 years for data analyst positions (4-5 YOE) in Aug’21-Feb’22. For personal reasons, I did not accept these offers. Now the equity grants are coming in like 50-70K over 4 years. Is this market wide for non SWE/PM roles due to stock market?

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Posting as :
works at
You are currently posting as works at

Why is there only one A in your FAANG?

funny

I’m also worried about WLB and culture :)

likesmart

Hard to say without knowing the location, company and specific role you’re referring to.

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Likely a trend that will continue. The fact of the matter is that the equity pools for hiring are not bottomless and the value of their stocks have plummeted. That may also want to keep the values of stock inline with folks that were hired toward the end of 2021. Their equity portion is now worth a lot less than when they started. Generally speaking, I would say buckle up because this feels a lot like the dot com bubble burst. I would go for max cash...

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In this market, take the cash.

Put some money aside from the cash and invest it in the stock yourself. Get as much of a cash compensation as you can and control the wheel. The stock money is fictitious right now. Consider it a plus, but get as much cash as possible.

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