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This is a classic bait and switch strategy that recruiters use. They have contracts for 3-4 "sexy" 1M+ positions open, so they dangle them in front of you to entice you into a conversation. Once they have you on the phone, they ask you for a resume they can send around to all of their entry-level positions. IMO these recruiters are a big waste of time.
Earlier quoted context omitted.
If they don't tell you the client then why would you continue interacting with them?
If they do tell you the client, why would you stay? Going direct is cheaper for the hiring company and can net you a better deal. That’s why they don’t tell you the client up-front, it’s the only leverage they have.
Please provide more background.. If you are recruited for the CEO of one of the FAANG, 1 million salary seems too low.
I have always assumed that when we hear about $1M, $500k "junior", etc devs they're including stock based comp. While I am just an IC so obviously not near the upper echelons, I've never been aware of base salaries for ICs being in those regions.
For example on Feb 4, 2019 Amazon was trading at 1623. By Feb 4, 2022 stock is trading at 3,112. This multiplies the value of any TC in years 3 and 4 by a significant sum (given the 5/15/40/40 vest) due to the near doubling of stock value over 3 years.
Suuure, "up to" one million, but over what time period? Technically $100k/year for 10 years is one million.
This is a classic bait and switch strategy that recruiters use. They have contracts for 3-4 "sexy" 1M+ positions open, so they dangle them in front of you to entice you into a conversation. Once they have you on the phone, they ask you for a resume they can send around to all of their entry-level positions. IMO these recruiters are a big waste of time.
There are certainly some eye-popping compensation packages out there these days.
Basic rule of thumb: recruiting at the $1M level requires a certain finesse and sophistication to engage high caliber prospective talent.
Coming at me cold with a $1M tease, just sounds bogus.
Earlier quoted context omitted.
I have always assumed that when we hear about $1M, $500k "junior", etc devs they're including stock based comp. While I am just an IC so obviously not near the upper echelons, I've never been aware of base salaries for ICs being in those regions.
I think the 500k TC posts are usually talking about the massive stock appreciation that the FAANGs have gone through. For example on Feb 4, 2019 Amazon was trading at 1623. By Feb 4, 2022 stock is trading at 3,112. This multiplies the value of any TC in years 3 and 4 by a significant sum (given the 5/15/40/40 vest) due to the near doubling of stock value over 3 years.
Throwaway: I make about a million and I’m an IC software engineer. It’s possible. Is it specifically salary or is that TC?