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Hello everyone,I am a QA professional with 5.7 yr of experience manual + automation(majorly in manual).I am working as a associate lead.i have heared and also analyzed that qa are not getting payed much as compared to dev and others.so i want to switch my career from QA.i dont have much interest in coding so can you all suggest something for transition from QA where i can get good salary with no bar.i am ready to learn new technology and tools.please suggest.
Where & how to raise the transfer request
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Coach
Is there an annual bonus? Or just base and equity? Can you sell/ monetize the equity on some regular periodicity (quarterly, annually etc) or just when there is a liquidity event? PE firms typically value equity as EBITDA x a multiple. Ask them what values they used for each in the equity valuation they’re giving you. How does this compare to the values they acquired the company at? This should give you an idea of how believable the valuation is.
unless you're working for some small fund with no track record, it's really hard to get "screwed" over on these agreements
For VP level roles, assuming VP on the hierarchy is one level under C level, I've seen 1x to 3x base comp as the sliding scale for equity. These are typically non dilutive, and the cap table will track the date and the approximate company valuation when it's granted. Alternatively, some companies give out Stock Appreciation Rights (SAR) instead of equity or options to make it easier to administer. If you're in a strategy, sales, GTM or product role it'll swing to the higher end of the scale. Back office, compliance, tax roles will be on the lower end. When it comes to employee equity, there's always room to negotiate as long as the ask is reasonable. Source: worked in two portco roles with visibility into comp packages within and other sister portcos as well
Coach
McK1 - new P
Coach
at least enough to make up the difference between what i’m making now
Similar boat. How do you value that equity? I've been searching for online sources but coming up empty
Coach
do they not give u a NAV? not saying u should just run w that but maybe apply some sort of discount owing to risk/inflated accounting (if u suspect)
Not sure but friends at that level going to pe ops have been around 200k base + 200k bonus with some minimal amount of carry.