Related Posts
Bowl Leader
More Posts
Anyone got salary? #icici bank wale
Does anyone had the HR connected you before 15 days of joining and asked that are you going to join the provided joining date or are you willing to join after 1 month from epam anywhere. EPAM Anywhere EPAM Systems
Also do epam have projects specifically for test automation engineer currently.
Any Business and Integration Arch Analyst here?
Conversation Starter
Conversation Starter
Additional Posts in Compensation in Consulting
What was your salary at age 24?
Not much fine print but the value of your options can go up or down based on market fluctuations. Cash is always king. You’re taking a risk with options, so you should aim for a higher TC when stock options are involved
TC is meant to be the total in-year compensation you receive. In other words cash on hand.
A. Base +B. cash bonus +C. rsus/options + D. other tangible benefits like 401k/holiday pay etc
A is usually fixed
B is usually a range based on your individual performance. At most companies it's discretionary and tied to your base. So you have to ask how regularly they pay out and what's the mid-band value
C is a one time thing in most cases when you join. There is also a vesting period and often can go up or down based on the company's stock price. Depending on cliff vest vs straight line, you only get 10-30% of this amount in year. Annual refreshers are possible depending on senior roles or if you get promoted. Otherwise it's just the portion of C vested.
D is often left out but things like employer match/profit sharing adds up.
As you can see base matters but there is often a lot more. The more senior you get the bigger your variable comp gets.
A lot of folks on this bowl often confuse the stated value of B, C and their signing bonus into TC. If it wasn't on your W2 box 1, it's not TC.
would you say a software engineer at Google makes 100k or 200k? Big difference. 200k is more accurate because it is total comp.
Sure, total comp varies year to year but it’s more accurate than saying your base.
Most people don’t care how much you make base. People care how much you actually made, which is total comp.
Also, if people only cared about base, IB doesn’t make that much as they only make 100k base for analyst. What is more accurate on how much they make is 200k (total comp)
TC is variable pay, and I wouldn’t count on the max numbers to benchmark anything
Anyone who is pulling in high comp numbers has most of their TC as variable in some form, whether that’s performance bonus based or equity. As long as you’re able to realize the amount consistently yoy, why would it not count as TC?
It makes a difference. I have a friend who became a millionaire several times over with the stock options in his firm, his base is 300K now but it’s nothing compared to his bonuses and stock options (he’s in gaming, fyi). Myself personally, my bonus plus company benefits (401k match) more than doubles my salary annually.
This is an insane post - of course you consider bonus and other variable comp
If you’re a company and you generate revenue in both a fixed and variable form (eg contract revenue + ad hoc sales), wouldn’t you want to look at the total revenue you bring in a company?