I recently received a job offer and I wanted some feedback on how you would compare the compensation package to a typical salary scenario.
Base pay of 75k
Sign on bonus of 20k
2nd year bonus of 20k
60k in stock @ current value but doesn't vest fully until end of third year.
The company is large and growing (to help value stock)
I'm currently making a little under 70k...this position would require my wife and I to move to a different state (lower col then current). My eyes light up when i think about making 100k+ per year including the stock value but I wanted to get your opinions on how to weight the value of stock and bonuses.
Thanks!
Looks like $115k for 2 years and $95k for yr 3. Not sure what industry/position you're in, but it seems like a solid offer. Congratulations!
I'd hope they are stock awards, and not stock options, as options with a strike at today's price may be worthless as they come time to vest if the market turns down in the next few years.
Regardless of your views on the company, the $20k grant should be viewed as "funny money", as the value could be anything in a few years. Options are more risky than RSAs/RSUs, but I'm assuming this is part of their standard compensation mix at your level.
Enjoy the new town! Hopefully in a few years you'll have the chance to move back if that's what your heart desires.