u/Competitive-Feed-359 wrote (the comment Michael replied to):
It’s funny that I had mentioned this exact thing in my comment. If what you’re saying is the reality how can anyone put stock on CIRR when it’s just a bunch of correlated data points that are cherry picked to present a good outcome.
u/michaelnovati replied · ★ FEATURED
I mean they are using the full and proper data set for CIRR, but this is the source yeah. I'm just surprised how much Codesmith cares about talking about compensation and pushing people for compensation, yet they don't even collect granular compensation information. With the quality of data they collect, they can't say someone got a $400K FAANG offer. Every FAANG offer needs to be considered in terms of base, signing bonus, performance bonus, equity, vesting schedule, job location, and benefits (e.g. Amazon has much worse benefits than Apple and pays a lot more cash.... you are not smart at all if you compare the base salary one on one and say one offer is better than another.
Anyways, I'm writing up more separately!