> These numbers are averages based on verified offer letters and RSU grant documents that Google employees have submitted to that website during the last couple of years, but I think the numbers do not account for annual RSU refreshers, performance bonus, or stock performance.
It's complicated, but I think they account for it in a way that gives a reasonably accurate picture in the steady state. levels.fyi for L6 says salary $244k, stock $187k/year, bonus $35k. Every year as a Google L6, I got a compensation letter with roughly that salary, equity refresh, and annual bonus. Each equity refresh vested monthly over the next four years. That means 4+ years in, you receive over the course of a year stock which was valued (at various times in the last four years) at about that equity refresh in total. Actual value when you receive it varies much more because that's what stocks do. And letters can vary more from year to year based on performance multiplier, you can get spot bonuses in addition to the annual bonus described in the letter, you may get promoted to level n+1 (or leave) before reaching level n's steady state, etc. On the flip side, it seems likely that along with the layoffs this year they didn't give anyone big annual bonuses or equity refreshes. I moved on a while ago so haven't asked.
Anyway, it's good money, and I'm really happy to see someone able to match it as a full-time open source maintainer. Filippo seems pretty exceptional though; I hope good open source compensation becomes normal.
It's complicated, but I think they account for it in a way that gives a reasonably accurate picture in the steady state. levels.fyi for L6 says salary $244k, stock $187k/year, bonus $35k. Every year as a Google L6, I got a compensation letter with roughly that salary, equity refresh, and annual bonus. Each equity refresh vested monthly over the next four years. That means 4+ years in, you receive over the course of a year stock which was valued (at various times in the last four years) at about that equity refresh in total. Actual value when you receive it varies much more because that's what stocks do. And letters can vary more from year to year based on performance multiplier, you can get spot bonuses in addition to the annual bonus described in the letter, you may get promoted to level n+1 (or leave) before reaching level n's steady state, etc. On the flip side, it seems likely that along with the layoffs this year they didn't give anyone big annual bonuses or equity refreshes. I moved on a while ago so haven't asked.
Anyway, it's good money, and I'm really happy to see someone able to match it as a full-time open source maintainer. Filippo seems pretty exceptional though; I hope good open source compensation becomes normal.