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My RSU’s are 50% of my TC, and the stock appreciation makes it even more valuable. Base and bonus should be sufficient to lead a good life, and RSU’s should be complete savings (that’s what I follow).
For public companies, RSUs can be a really nice bump to your total comp. For higher level positions, the RSU comp can exceed the base pay by quite a bit. The general responsible advice is to treat your RSUs like cash and sell immediately upon vest and diversify. You'll hear about outliers like Nvidia engineers that held all of their RSUs for a decade and are now worth tens of millions. Just remember that your stocks can tank as well.
Private company RSUs are best treated like a lottery ticket. Who knows if they'll ever become worth anything or if you'll be around to see them vest.
Try to maximize both base salary and RSUs.
$100k cash is a no brainer vs $100k RSUs that vest over 3-4 years. But companies don’t offer that.
RSUs are how you get rich. Not base salary. They’re basically gift certificates for shares of stock that become effective on a future date, when they vest. Look at the stock projections for the company and multiply the RSUs on your offer by that. Then pay attention to when they would actually vest. You’re generally working for compensation that will come at various future milestones, which is one way they retain top talent.