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16-02-2022, 08:21 PM
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Bro why you so paranoid?
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16-02-2022, 10:37 PM
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Quote:
Originally Posted by Unregistered
That's it? For a job that requires constant upkeep, that's all its paying?
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Don't trust that website.
They pull salary ranges from mycareersfuture SG website and that website is definitely not accurate. Their salary range are often from other postings from same company that lists out the salary.
Mycareerfuture website uses generic salary ranges. For example, some of their junior SWE postings state 8 to 10k monthly for some no name, SME company while for FAANG, it states 4 - 5k monthly.
In reality it's the opposite.
Their TC report is also useless. Incredibly skewed and based on false outdated information. There's a reason why you don't see a single top US tech company, let alone FAANG or top Chinese Tech contributing to their data.
They just compile a bunch of random data like ByteDance, Grab interview tips etc from anonymous reviews that can be falsified and exaggerated.
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17-02-2022, 12:58 AM
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Quote:
Originally Posted by Unregistered
Don't trust that website.
They pull salary ranges from mycareersfuture SG website and that website is definitely not accurate. Their salary range are often from other postings from same company that lists out the salary.
Mycareerfuture website uses generic salary ranges. For example, some of their junior SWE postings state 8 to 10k monthly for some no name, SME company while for FAANG, it states 4 - 5k monthly.
In reality it's the opposite.
Their TC report is also useless. Incredibly skewed and based on false outdated information. There's a reason why you don't see a single top US tech company, let alone FAANG or top Chinese Tech contributing to their data.
They just compile a bunch of random data like ByteDance, Grab interview tips etc from anonymous reviews that can be falsified and exaggerated.
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Mycareersfuture salary range one not posted by the company one meh?
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17-02-2022, 01:05 PM
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Quote:
Originally Posted by Unregistered
oh crap you're right, i forgot about the stock price going up or down..
its RSU stocks, the company says they'll give me 14k sgd worth of it every year for 3 years.
but lets say if i want job hop next time, how ? do i only do it after stock vests or quickly bail 9+ months before vest ?
i feel like this RSU stock nonsense is like a dirty way to keep employees lol
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correct me if I'm wrong but I think companies usually see base salary, not so much of RSUs when you job hop.
if TC is a huge factor in considering whether to stay or not, then it's good to know that you might see a huge TC drop after 4 years. even yearly RSU freshers usually don't cover that
which is why also need to consider how's your vesting schedule like - some faang recently changed it to 33/33/22/12 for the reason above
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17-02-2022, 05:49 PM
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Verified Member
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Join Date: Feb 2022
Location: Singapore
Posts: 16
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Quote:
Originally Posted by Unregistered
what is 33/33/22/12?
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Vesting percentage per year
For example, if stock is $100, you vest
- 1st year: 33% ($33)
- 2nd year: 33% ($33)
- 3rd year: 22% ($22)
- 4th year: 12% ($12)
Other vesting practices include
- Linear vesting (25% per year over 4 years)
- Exponential vesting (similar to 33/33/22/12 but opposite, so 12/22/33/33) - this is mostly to try to keep employees for longer
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17-02-2022, 05:53 PM
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Verified Member
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Join Date: Feb 2022
Location: Singapore
Posts: 16
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Quote:
Originally Posted by Unregistered
Mycareersfuture salary range one not posted by the company one meh?
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Yup it is, and there's incentive for companies to post the correct one, because if they are applying for EP, the salary of the applicant needs to be the same as that of the range they state, otherwise they gonna have a hard time getting the EP approved. Which is why actually a lot of people are referring to MCF for salary data too, just that it's interface is not the most user friendly one and old job postings will not be shown
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17-02-2022, 05:55 PM
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Verified Member
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Join Date: Feb 2022
Location: Singapore
Posts: 16
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Quote:
Originally Posted by Unregistered
correct me if I'm wrong but I think companies usually see base salary, not so much of RSUs when you job hop.
if TC is a huge factor in considering whether to stay or not, then it's good to know that you might see a huge TC drop after 4 years. even yearly RSU freshers usually don't cover that
which is why also need to consider how's your vesting schedule like - some faang recently changed it to 33/33/22/12 for the reason above
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They generally don't, but if you have a significant amount of RSU (say a few hundred thousands in value), some companies might choose to offer you a signing bonus to offset you for the RSU that you are giving up, because otherwise there's no reason for you to leave even if their base salary is slightly higher
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