{ "media_type": "text", "post_content": "Just broke 800K total comp with 6 YOE!!!!! Tech is where it’s at friends!", "post_id": "5f905068948bf8001a1fd91d", "reply_count": 40, "vote_count": 32, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Just broke 800K total comp with 6 YOE!!!!! Tech is where it’s at friends!

likeupliftingfunny
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Congrats OP- a few details I like to share as someone who came from consulting. 1. Six figure annual stock grants are not out of the norm- both for strategy oriented MBAs and software engineers. 2. Total comp can be misleading due to stock vesting. In my example, I’m a new employee who will make about 180k in cash, but have another 180k in stock and that vests over 4 years. Thus my TC is 360k+ but my W2 will be less this year. As I get 3-4 years in my W2 income raises to that 360kish even without get a raise or promotion. 3. Stock valuations are meaningful. OP is a great example of how say 100k stock grant can turn into 400k over the vesting period. I myself am up 40% in six months. Of course if the stock doesn’t grow you wont see numbers like these below director level.

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Awesome and good for you! Rest and vest friend, it sounds like you have another 1.6M+ coming your way just from that sign on

I agree! I also take rolls of toilet paper home from my office. Does that count towards my total comp?

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Congrats, and also can you hire me? 😬

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Originally 150K base 150K stock!! Now my stocks are worth over 4X the price I got it at as of this morning! Very excited!

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600K 4 year grant is common for a top tech company SWE offer with 2-4 YOE

snap is up 32% at this moment so figuring that has something to do with it lmao

likefunny

Yup!

Does stock performance really count as comp?

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Bonuses do swing though: many firms reduced their bonuses this year by 50% or even 100%. Stock just gives us more upside than consulting

Please share skills / background!

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Deets please and take me with you

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What’s your background?

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Are you single? I have someone I'd like to introduce you to LOL

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😉

Op,can you list out your skills? Congrats on your achievement...

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Impressive. What’s the split of salary / incentive / equity?

Congratulations OP, what role are you in?

What’s your comp split between cash and RSU?

Woah that’s insane. Congrats! Each year you get 150k of stock?!

Yes!

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Noob here: Can you encash the stocks at any point or is there a fixed period till you can use it?

Got it. Thanks for the explanation!

What kind of role at Snap?

Please refer me 🥺

Stock options? lol

I’m a humanities major with 1 YOE in consulting. If I wanted to replicate your results what should I do/study/learn/switch to/apply to right now?

If microsoft is a potential landing spot for you happy to talk. Full disclosure: i dont make 800k 5 years out so keep that in mind :)

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