> Startups and public companies both seem to pay better base salary for modern tech developers and also give you equity or profit sharing.
I've worked for a couple public companies, none of which gave any stock or any profit sharing to the engineering staff. I've also worked for private companies that had some profit sharing but it was never discussed other than "there is profit sharing" even when it was a substantial percentage (one place I consistently got 6-8% of my salary as profit sharing).
More popular lately seems to be the pseudo-bonus-pseudo-profit-share thing where you have a set percentage of your salary as "bonus" but it requires the company overall hitting specific revenue and profit numbers, so it's essentially profit sharing with a cap.
I think my point is comp structures are all over the place, but "large public company giving base, bonus, and stock" is a small minority, while "private company giving base, and maybe a bonus sometimes" is the most common.
I've worked for a couple public companies, none of which gave any stock or any profit sharing to the engineering staff. I've also worked for private companies that had some profit sharing but it was never discussed other than "there is profit sharing" even when it was a substantial percentage (one place I consistently got 6-8% of my salary as profit sharing).
More popular lately seems to be the pseudo-bonus-pseudo-profit-share thing where you have a set percentage of your salary as "bonus" but it requires the company overall hitting specific revenue and profit numbers, so it's essentially profit sharing with a cap.
I think my point is comp structures are all over the place, but "large public company giving base, bonus, and stock" is a small minority, while "private company giving base, and maybe a bonus sometimes" is the most common.