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DONT THREAD ON ME
Oct 1, 2002

by Nyc_Tattoo
Floss Finder

jit bull transpile posted:

that's only 2k less than I make base, I don't think that's as bad as you're making it out.

well youre probably really underpaid unless those rsus are sweet.

DONT THREAD ON ME fucked around with this message at 03:21 on Mar 27, 2019

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hobbesmaster
Jan 28, 2008

DONT THREAD ON ME posted:

well youre probably really underpaid unless those rsus are sweet.

people at big companies also get bonuses that are reliable

DONT THREAD ON ME
Oct 1, 2002

by Nyc_Tattoo
Floss Finder

hobbesmaster posted:

people at big companies also get bonuses that are reliable

yeah or that.

honestly $135 base would be fine for a nice (remote) job at a stable company. i'd have no complaints. but it's not enough for a place that's clearly on fire and is throwing all kinds of money around.

The MUMPSorceress
Jan 6, 2012


^SHTPSTS

Gary’s Answer

Achmed Jones posted:

yeah, but what kind of rsus do you make on top of that base?

hard to say since they are constantly gaining and losing a quarter of their value. we do all our budgeting on base salary only because I don't trust shares or bonuses as they are non obligatory and I'm a minority.

the talent deficit
Dec 20, 2003

self-deprecation is a very british trait, and problems can arise when the british attempt to do so with a foreign culture





jit bull transpile posted:

hard to say since they are constantly gaining and losing a quarter of their value. we do all our budgeting on base salary only because I don't trust shares or bonuses as they are non obligatory and I'm a minority.

rsus are absolutely obligatory. apple cant just decide not to give them to you. options on the other hand are routinely wiped out by down rounds or restructuring or just failure to ever exit

qhat
Jul 6, 2015


if a faang didn't give me a very significant bonus i'd immediately leave and it'd be v.easy with a name like theirs top of the list on my resume to get an extremely good alternative job

qhat
Jul 6, 2015


like seriously, the whole reason for giving you those bonuses in the first place is to prevent you from wanting to leave. if they didn't give the bonuses, i guarantee you they would lose 50% of their workforce overnight.

Achmed Jones
Oct 16, 2004



jit bull transpile posted:

hard to say since they are constantly gaining and losing a quarter of their value. we do all our budgeting on base salary only because I don't trust shares or bonuses as they are non obligatory and I'm a minority.

nah rsus are obligatory since theyre in your contract. sucks that apple does rsus by unit instead of by value. amazon is the same way, but google just gives you $x worth of stock every month where the number of stocks you get is determined by their price the day before you get them

I guess some people like the idea of their TC getting a massive spike cause of market changes but Im risk-averse enough that Id rather have the guaranteed income 🤷‍♀️

Achmed Jones
Oct 16, 2004



of course any of those companies might do it both ways, i just mean what Ive experienced

The MUMPSorceress
Jan 6, 2012


^SHTPSTS

Gary’s Answer

Achmed Jones posted:

nah rsus are obligatory since theyre in your contract. sucks that apple does rsus by unit instead of by value. amazon is the same way, but google just gives you $x worth of stock every month where the number of stocks you get is determined by their price the day before you get them

I guess some people like the idea of their TC getting a massive spike cause of market changes but Im risk-averse enough that Id rather have the guaranteed income 🤷‍♀️

yeah I just get an annual grant that is a number of shares worth the award amount on x date. and my boss made very clear that both rsus and bonus are tied to performance and aren't guaranteed. I have a couple friends who say they haven't had rsus since their sign on bonus and I don't think of them as particularly low performers.

qhat
Jul 6, 2015


jit bull transpile posted:

yeah I just get an annual grant that is a number of shares worth the award amount on x date. and my boss made very clear that both rsus and bonus are tied to performance and aren't guaranteed. I have a couple friends who say they haven't had rsus since their sign on bonus and I don't think of them as particularly low performers.

fyi if they aren't fixing to fire you in 30 days, then you are performing well. hence if you don't get the bonuses, you should immediately look for a job elsewhere. 137k base with no bonus is outrageous in silicon valley and there are literally hundreds of companies there that will pay an arm and a leg to poach an apple employee.

Achmed Jones
Oct 16, 2004



i wore my queercon shirt today and two people were like hey cool queercon shirt and it felt good

e: sorry thats a non sequitur without my internal monologue: one of the things I was worried about working in bigtech was people being lovely and my admittedly very limited information so far has been that the people are good. or at least the lovely people dont talk to me

Achmed Jones fucked around with this message at 04:11 on Mar 27, 2019

Mao Zedong Thot
Oct 16, 2008


qhat posted:

fyi if they aren't fixing to fire you in 30 days, then you are performing well. hence if you don't get the bonuses, you should immediately look for a job elsewhere. 137k base with no bonus is outrageous in silicon valley and there are literally hundreds of companies there that will pay an arm and a leg to poach an apple employee.

Notorious b.s.d.
Jan 25, 2003

by Reene

qhat posted:

fyi if they aren't fixing to fire you in 30 days, then you are performing well. hence if you don't get the bonuses, you should immediately look for a job elsewhere. 137k base with no bonus is outrageous in silicon valley and there are literally hundreds of companies there that will pay an arm and a leg to poach an apple employee.

this all depends on experience, of course

if somebody offers you $137k after you graduate from iowa state, well, that's not a bad offer

Notorious b.s.d.
Jan 25, 2003

by Reene
also being 100% remote depresses your employment opportunities and cost of living, and employers know that

folks are gonna lowball you because they can

Notorious b.s.d.
Jan 25, 2003

by Reene

DONT THREAD ON ME posted:

well youre probably really underpaid unless those rsus are sweet.

it's apple so the rsus are probably very, very sweet indeed

qhat
Jul 6, 2015


Notorious b.s.d. posted:

this all depends on experience, of course

if somebody offers you $137k after you graduate from iowa state, well, that's not a bad offer

well yeah i mean that's a great wage for any new grad. but in this case, the person is highly experienced, and so 137k no bonus would be outrageous. not that she won't receive those bonuses, just that if she doesn't receive it it can only mean one of two things 1) she's underperforming and about to be fired 2) the company is not holding up their end of the bargain and she should find another job pronto. both requires searching for a new job asap.

Notorious b.s.d.
Jan 25, 2003

by Reene
137k sounds pretty low for a mid-career professional, but we're talking a base salary at apple

i have heard some hilariously low base salaries for people raking in obscene amounts of money at google and apple. base salaries don't scale with total comp

(see also: financial firms, which want you to take more and more bonus as you climb the corporate ladder. a managing director might earn 200k base and a million plus in bonuses)

The MUMPSorceress
Jan 6, 2012


^SHTPSTS

Gary’s Answer

Notorious b.s.d. posted:

137k sounds pretty low for a mid-career professional, but we're talking a base salary at apple

i have heard some hilariously low base salaries for people raking in obscene amounts of money at google and apple. base salaries don't scale with total comp

(see also: financial firms, which want you to take more and more bonus as you climb the corporate ladder. a managing director might earn 200k base and a million plus in bonuses)

yeah i said earlier but my raise cycle in october was a 20k bonus + $80k RSUS (while the stock was at $220 so I instantly lost like 20k lmao). I dunno I'm still not quite getting my head around how people feel safe trusting shares and bonuses but y'all know my story and the PTSD I have around money so I'll stop freaking out itt. sorry for the disruption.

Mao Zedong Thot
Oct 16, 2008


Notorious b.s.d. posted:

also being 100% remote depresses your employment opportunities and cost of living, and employers know that

folks are gonna lowball you because they can

this is true, but also there are plenty of companies that view remote as "oh hey we can actually hire like anyone good, anywhere" instead of "maybe we can pay this fucker less!!!!!!!!!!!!!!!!"

but hey, that's fine if companies want to jerk themselves off over saving 20-50k on payroll at the expense of not hiring people who know what they're worth, good luck with that

Mao Zedong Thot
Oct 16, 2008


RSUs are real money

bonuses are worth zero dollars until they show up in your bank account

Notorious b.s.d.
Jan 25, 2003

by Reene

Mao Zedong Thot posted:

RSUs are real money

rsus are normally promised in advance on a fixed schedule, so, yeah

Mao Zedong Thot posted:

bonuses are worth zero dollars until they show up in your bank account

bonuses vary widely by company, it is a ~*~ culture ~*~ thing

i have worked at places that never, ever paid the bonus. it was just a number in a sheet to, i guess, get better numbers from your next employer? (or i guess a way to distribute windfalls should the company somehow stumble into success.)

i have also worked at places where getting 80% of your target bonus means there's a target painted on your back, and you need to seek new employment post-haste

Mao Zedong Thot
Oct 16, 2008


yeah depends a lot, in some industries it's drat near real comp, in others its just wild projection

currently i have a "10% target bonus" which actually means "2.5% because sorry the exec team made a bad revenue projection, so even though we're profitable and growing we didnt hit the number we made up, but we'll throw you a bone" (two years in a row, company wide)

MononcQc
May 29, 2007

jit bull transpile posted:

yeah i said earlier but my raise cycle in october was a 20k bonus + $80k RSUS (while the stock was at $220 so I instantly lost like 20k lmao). I dunno I'm still not quite getting my head around how people feel safe trusting shares and bonuses but y'all know my story and the PTSD I have around money so I'll stop freaking out itt. sorry for the disruption.

I always sold my RSUs ASAP only because taxation-wise they are seen as remuneration, and I (as a Canadian, so the american milage may vary) would pay taxes on the grant price; if the RSUs lost value before I sold them, I'd still be taxed on the initial value. If they did appreciate in value though, then I could be imposed on both the initial value and the capital gain iirc.

So for me the safe approach planning-wise for taxes was to sell the moment I get them. It helped that rather than getting a number of shares I received a declared value, but otherwise the thing you can do to ease your mind a bit is to see the stock value with a range, say "X shares will be worth $Y 20%" and then you pick the lowest figure in your planning if you want to be more conservative. Pick a variation % based on how much things seem to fluctuate, or how little trust you have in the future of the company.

It will never be guaranteed to be right and everything could go to poo poo tomorrow, but considering your main livelihood is tied to that company, the stock tanking monstrously would possibly imply having to find another job anyway because they might have layoffs attached to them.

PIZZA.BAT
Nov 12, 2016


:cheers:


yeah jitbull youre correct to treat bonuses as windfall. rsus are different but it takes a while to get used to them. i still havent and still treat them as windfall. at the end of the day having a more conservative budget than necessary never hurt anyone so dont sweat it too much.

my current gig is very much in the if you dont get your bonus for a quarter you should probably be updating your resume. bucket. i know this because in the three years ive been here ive only missed my target once and it was because our pipe was bone dry. management gave me a spot bonus to make up for it because they knew it wasnt my fault. it was their way of telling me i shouldnt be worried.

my last job was the opposite. only paid out yearly and the number of catches and clauses and addendums on it meant if any one of dozens of things went wrong at any point in the year it meant you only got 10% or less of it. and it wasnt even a very good bonus in the first place. the deal was that was the people smart enough to realize the game was rigged left, those that didnt stayed and those were the ones management wanted. thanks again yospos for screaming at me to ditch that place for a year until i finally did.

Fiedler
Jun 29, 2002

I, for one, welcome our new mouse overlords.

MononcQc posted:

I always sold my RSUs ASAP only because taxation-wise they are seen as remuneration, and I (as a Canadian, so the american milage may vary) would pay taxes on the grant price; if the RSUs lost value before I sold them, I'd still be taxed on the initial value.

in my experience a portion of the stock grant is automatically withheld by the employer at the time of vesting to cover income tax.

MononcQc
May 29, 2007

Fiedler posted:

in my experience a portion of the stock grant is automatically withheld by the employer at the time of vesting to cover income tax.

I might have had a different situation since I was getting US stock, but taxed in Canada. The RSUs were given in full, but still witheld by my employer on my pay stub over the year (one year, they hosed up and witheld 100% at the federal level only and not the provincial one, so I had to shuffle mad money between two governments to make it work because :quebec:)

fritz
Jul 26, 2003

getting deep in the process at a place, they seem to like me and it sounds like interesting enough work (software metrics) plus they have customers, odds are ill get a salary cut b/c it'll be going from remote-to-sv to remote-to-baltimore but unless it's nuts it'll be worth it (i made a mistake not taking a huge paycut and switching jobs a few years ago, i shoulddn't have let the money have been worth it)

Scionix
Oct 17, 2009

hoog emm xDDD
Where/how do yall practice for interview poo poo? Im gonna start job hunting in ~1 yr and I am very out of practice because my last 3 years of work has been a lot of janitoring other peoples code and not thinking about new problems.

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

Scionix posted:

Where/how do yall practice for interview poo poo? Im gonna start job hunting in ~1 yr and I am very out of practice because my last 3 years of work has been a lot of janitoring other peoples code and not thinking about new problems.

Interview a bunch. Like take any interview you can get. Set your linkedin to Looking and go nuts on recruiters trying to get at you.

Captain Foo
May 11, 2004

we vibin'
we slidin'
we breathin'
we dyin'

Scionix posted:

Where/how do yall practice for interview poo poo? Im gonna start job hunting in ~1 yr and I am very out of practice because my last 3 years of work has been a lot of janitoring other peoples code and not thinking about new problems.

code fizzbuzz for me in perl in your next post in 15 minutes or less without any external resources

Scionix
Oct 17, 2009

hoog emm xDDD

Captain Foo posted:

code fizzbuzz for me in perl in your next post in 15 minutes or less without any external resources

I will never code in PERL

you cant make me

Ciaphas
Nov 20, 2005

> BEWARE, COWARD :ovr:


Scionix posted:

I will never code in PERL

you cant make me

I need to relearn Perl, used to love using it for Shell Wizardry

JawnV6
Jul 4, 2004

So hot ...
135k base sounds perfectly fine for someone in the 3~7 year range, like i know a couple junior-ish folks that had offers around there? but yeah listen to the surly canadians with an axe to grind against sfba, also good

perl was my text munging language for a while, now i just do it in python and swear more

DONT THREAD ON ME
Oct 1, 2002

by Nyc_Tattoo
Floss Finder

JawnV6 posted:

135k base sounds perfectly fine for someone in the 3~7 year range, like i know a couple junior-ish folks that had offers around there? but yeah listen to the surly canadians with an axe to grind against sfba, also good

perl was my text munging language for a while, now i just do it in python and swear more

it would be fine if it were a juniorish role, but i am not a juniorish programmer and this was for a senior role doing cloud at scale. the job they were asking me to do is worth way more than 135, and the company clearly has the money to throw around. i'm not going to work my rear end off for a garbage valley company if they're going to make me an offer i could get back in north carolina for a company that doesn't work me into the ground.

DONT THREAD ON ME fucked around with this message at 19:24 on Mar 27, 2019

qhat
Jul 6, 2015


There is absolutely nothing wrong with extracting the maximum amount of compensation out of the bay area as aggressively as you can while telling the cheapskate CEOs to gently caress off as much as humanly possible.

TerminalRaptor
Nov 6, 2012

Mostly Harmless

Mao Zedong Thot posted:

yeah depends a lot, in some industries it's drat near real comp, in others its just wild projection

currently i have a "10% target bonus" which actually means "2.5% because sorry the exec team made a bad revenue projection, so even though we're profitable and growing we didnt hit the number we made up, but we'll throw you a bone" (two years in a row, company wide)

That post made me feel like we work together.

Rustbelt, the largest bonus I ever got was 15k pretax. A large part about that was because I got royally screwed over when they were offering stock to select employees and my boss made a big stink about it for me (long term I still ended up losing out). When I got into management I realized what an exception that was as the largest I ever had the option of giving an employee was 5k (wasn't even able to assign value, just large medium small), and all my bonuses outside of the outlier were around that line. On top of that, they were much more restrictive on who we could give bonuses to, so I could do at most a third of my team. Manager bonuses were based off revenue goals, which I had dick all influenced over in development. Now that I'm a PO I'm back on the discretionary bonus/profit sharing track.

qirex
Feb 15, 2001

I'm guessing walmart.com doesn't bother hiring actual recruiters because I've now received over a dozen emails from the worst mail merge scripts possible for the same job there

Schadenboner
Aug 15, 2011

by Shine

Captain Foo posted:

code fizzbuzz for me in perl in your next post in 15 minutes or less without any external resources

Self-harm requests banned in YOSPOS.

:ccb:

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Portland Sucks
Dec 21, 2004
༼ つ ◕_◕ ༽つ
i got a stick up my butt about my current place and decided to apply to some remote only jobs just to see what was up. 15 days later i got an offer for a cool data engineering role @ 135k.

im like 2.5 years into my career as a dev started at 75k. im feelin p. good tbh.

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