Great idea, but needs tech stack info also.
Open Salary and Equity Database
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Re: Open Salary and Equity Database
#12The equity (%) without the actual cash value of the options is basically a vanity number - it does not mean much and is not comparable between the companies.
Re: Open Salary and Equity Database
#13Re: Open Salary and Equity Database
#14Re: Open Salary and Equity Database
#15Great idea, but needs tech stack info also.
I don’t think either should matter, you’re paid for a job function not the tools you use, but the latter is a trap on my opinion.
I’m turning 40 this year and as such an approaching the sort of midway of my career and in my anecdotal experience you’re never paid for the tech stack. I’ve worked in startups, enterprise and startups growing into enterprises with lucrative employee stock options. I’ve worked with everything dotnet, Python, C++, RPA-tooling, Java, COBOL, SharePoint and SAP, JavaScript and now TypeScript. I’ve worked with every sort of operations setup from in-house to cloud and I very where in between. I’ve worked as a developer, then project/actual manager then enterprise architect and now developer again.
The only things that I have done that had any real impact on my pay grade level was changing jobs and doing indirect negotiations. You need to deliver solutions, you need to show the business the impact of those solutions and you need to make sure your employers know that they aren’t the only company in town who knows about the business value you being to the table.
I also encourage sharing your pay information with your peers. I’ve been fortunate enough to land some nice contracts, but because I’ve shared info with my peers I know of at least two people who went to the negotiation table where they managed to get the company to at least match my pay.
But tech stack? As long as it’s a sellers market, I’d encourage you to get good with something that is in demand that you also happen to enjoy working with. For me that is currently TypeScript front ends with node/dotnet backends that run in azure functions.
Re: Open Salary and Equity Database
#16Great idea, but needs tech stack info also.
Why do you think the tech stack matters? Is it because you want to compare yourself to other people working with X, or because you want to pursue the best paying technologies? I don’t think either should matter, you’re paid for a job function not the tools you use, but the latter is a trap on my opinion. I’m turning 40 this year and as such an approaching the sort of midway of my career and in my anecdotal experience…
If they show the tech stack, people would be able to see if they could apply their same skills for much more money at a specific other company.
Re: Open Salary and Equity Database
#17The equity (%) without the actual cash value of the options is basically a vanity number - it does not mean much and is not comparable between the companies.
No, if you're say, an Eng manager with a Series B offer, there is a standard equity % band
Re: Open Salary and Equity Database
#18The equity (%) without the actual cash value of the options is basically a vanity number - it does not mean much and is not comparable between the companies.
If they ever did a 409a, they have to share that information with employees, which at least lets you estimate the current upper bound on the cash value of your options. Sure, very far from money in the bank, but knowing the current upper cash bound can still be used to compare different offers.
Re: Open Salary and Equity Database
#19Earlier quoted context omitted.
Why do you think the tech stack matters? Is it because you want to compare yourself to other people working with X, or because you want to pursue the best paying technologies? I don’t think either should matter, you’re paid for a job function not the tools you use, but the latter is a trap on my opinion. I’m turning 40 this year and as such an approaching the sort of midway of my career and in my anecdotal experience…
I think the people replying to my comment misunderstand my intent. If they show the tech stack, people would be able to see if they could apply their same skills for much more money at a specific other company.
Re: Open Salary and Equity Database
#20Earlier quoted context omitted.
No, if you're say, an Eng manager with a Series B offer, there is a standard equity % band
News to me. Company value, dilution, risk, revenue, profit, outlook, etc. have significant weight.