Comment Re:160k limit in Silicon Valley? Not. (Score 1) 60
The other detail not mentioned is the 5/15/40/40 vesting schedule. Given how stock heavy the total comp is, the first two years you get a "sign-on bonus" to offset the late vesting schedule. At higher levels, this sign-on bonus can be substantial.
Just to make the numbers easier, let's say your total comp was $200k and your base salary was $100k. Your sign-on bonus during the first year would be ($200k - $100k) * 0.95 = $95k. For the 2nd year, it would be $85k.
There's a bit more to the formula used, but that gets you in the right ballpark. With the salary cap, at higher levels, you are getting beefy RSU grants and a LOT of cash during the first couple of years. After that, the total comp is still there, but up to you how much of your RSUs you sell off vs. keep.