The phrasing of the question seemed to reflect the fairly common belief that the giant FAANG figures people throw around are the base salary.
This is a problem that repeats in all the salary+wage transparency bills. Most of the intended targets already have established level->salary bands, discriminatory comp is largely through bonuses and stock (RSUs, options, etc).
Yeah, I am aware that a significant part or majority of comp at FAANGs is in equity grants. I agree that options in private companies are realistically meaningless, especially if you’re trying to pay a mortgage, somy question here is specific to cash/bonus comp for senior roles.
RSUs are just as good as cash. I have mine set to “sell all” when they vest. The cash shows up in my brokerage account (after taxes). It’s just more “lumpy”.
Oh totally. I just mean to say that since most companies in this bucket probably aren’t public and offering RSUs, cash matters more here. Or that’s my guess, at least.
This is a problem that repeats in all the salary+wage transparency bills. Most of the intended targets already have established level->salary bands, discriminatory comp is largely through bonuses and stock (RSUs, options, etc).