based on levels.fyi for netflix, either netflix hires 50+ john carmacks, or it is a realistic sum for top performing L5s
in the US, it is required top ask, but optional to fill
the issue is that the employee has the option of turning a portion of that base into options. which means netflix is de facto offering "total comp", with "100% cash" being one option for that total comp offer.
Netflix pays all base, with separate allowances for benefits. It lets employees choose what percentage of their base is granted as options. It's all very public: https://jobs.netflix.com/work-life-philosophy > Stock…
Netflix famously pays entirely base salary, letting employees take what percentage as options. In this case, they are reporting potential base because of their somewhat unique comp structure.
why are they shooting themselves in the foot with a 90k minimum? looking at levels.fyi, 400-900 for a senior engineer would be way more enticing
Nearly all staff engineer and above are making close to, if not above, 900k cash comp, based on levels.fyi
based on levels.fyi for netflix, either netflix hires 50+ john carmacks, or it is a realistic sum for top performing L5s
in the US, it is required top ask, but optional to fill
the issue is that the employee has the option of turning a portion of that base into options. which means netflix is de facto offering "total comp", with "100% cash" being one option for that total comp offer.
Netflix pays all base, with separate allowances for benefits. It lets employees choose what percentage of their base is granted as options. It's all very public: https://jobs.netflix.com/work-life-philosophy > Stock…
Netflix famously pays entirely base salary, letting employees take what percentage as options. In this case, they are reporting potential base because of their somewhat unique comp structure.
why are they shooting themselves in the foot with a 90k minimum? looking at levels.fyi, 400-900 for a senior engineer would be way more enticing
Nearly all staff engineer and above are making close to, if not above, 900k cash comp, based on levels.fyi
Netflix famously pays entirely base salary, letting employees take what percentage as options. In this case, they are reporting potential base because of their somewhat unique comp structure.