The $300K payout was not a foregone conclusion, in most cases, the bonus does not come through.
What I'm really interested in, is where you came up with that "Salary of $60-$80K" - what is that number supposed to represent? It certainly doesn't correlate with any engineering salary in the bay area I've seen in 15+ years. I.E. That isn't "below market salary" - it's what most companies pay their interns/summer students doing Desktop Support for IT the first couple years. ($65K is actually my very first salary in the Bay Area - doing Windows 95 Desktop suport back in 1996.)
I made $80k out of college, as did many of my peers -- $80-100 was the range. And most engineers I know are making approximately double that at the 3-5 year mark. $80k is absolutely below market for an engineer with more than a little experience -- I don't know about the pay ranges for desktop support techs.
Comments
The $300K payout was not a foregone conclusion, in most cases, the bonus does not come through.
What I'm really interested in, is where you came up with that "Salary of $60-$80K" - what is that number supposed to represent? It certainly doesn't correlate with any engineering salary in the bay area I've seen in 15+ years. I.E. That isn't "below market salary" - it's what most companies pay their interns/summer students doing Desktop Support for IT the first couple years. ($65K is actually my very first salary in the Bay Area - doing Windows 95 Desktop suport back in 1996.)
I made $80k out of college, as did many of my peers -- $80-100 was the range. And most engineers I know are making approximately double that at the 3-5 year mark. $80k is absolutely below market for an engineer with more than a little experience -- I don't know about the pay ranges for desktop support techs.