{ "media_type": "text", "post_content": "I know tech salaries are lower but equity compensation makes up the difference. But does it really make up the difference if you’re making $200k plus salary in a non tech job?", "post_id": "611b1b5812e1af001d9ca940", "reply_count": 14, "vote_count": 1, "bowl_id": "594f0b7a1753b200102d1a8f", "bowl_name": "Creatives" }

I know tech salaries are lower but equity compensation makes up the difference. But does it really make up the difference if you’re making $200k plus salary in a non tech job?

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Yes it does. 250k base plus equity is a number I’ve heard

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I'm wondering where this magic tech money is myself. Got off a phone with an in-house recruiter for a tech start up 3yrs old in America, launched in Europe. Worth 3B. CD role. Or an ACD stepping up to CD. Base 120-150, plus bonus. 100% medical and dental. Total comp around 200. Don't remember if that's with equity included. But if total comp is at 200, that's what a CD might start at agency side. Is the magic money mostly at FAANG? I got the impression Facebook is cheapening out from another recruiter.

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C1 what you said tracks more with the magic tech money I've heard of 😂 I'm guessing the one I spoke to is on the lower end.

The beauty of equity is that it’s a forced savings plan. Work for a lower salary for four years and then once you’re vested, bam.

SAD1 - It depends on the agreement but in my case I got awarded a sum that vests quarterly over 4 years. So let’s say I leave after 2 years, that would mean I only walk away with half and lose the other half that didn’t vest.

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Yes it does because you will likely make the same salary in half the hours worked. Plus bonuses and stock are quite hefty.

Damn, all the W+K peeps are fleeing to tech, huh?

Nope not necessarily. It’ll take a lot to leave the actual creative opportunity at WK. All part of the equation.

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Initial stock grant, plus regular bonuses and yearly raises and equity refreshers plus overall stability and job security plus work life balance pretty much means living the good life, retired by your early fifties while people who chase the creative excellence carrot will be struggling to hold on to pharma gigs if the stress doesn’t kill them first.

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