Ask HN: What does mid level product manager comp look like in SF?
I'm interviewing with a non-FAANG that gave me a range of $250-$350k per year in SF for a product manager role. Is that average or low? This is with 5+ years of tech experience
That seems crazy high to me, personally.
Yeh but its specific to bay area. For bay area with the crazy taxes and living cost it's not as much as you'd think.
300K - (130K taxes) - (70K rent) - (10K food) - (40K w/e other expenses/spending) = still saving 50K/yr.
Maybe that isn't as much as I'd think, but that sure looks like putting the 25th percentile's entire salary in the bank.
https://en.wikipedia.org/wiki/Affluence_in_the_United_States...
Try this https://www.levels.fyi/?compare=Google,Facebook,Microsoft&tr... You can add location and experience filters.
Just FYI, unless the company is eminently filing for an IPO, or is already public, I would not include RSU as a liquid benefit.
It is (unfortunately) likely that the stock will be worth something approximating zero in a couple years, rather than maintaining or increasing from the current funding valuation.
You should also consider burn rate, current runway, and health of competition.
public company
I know it wasn’t one of your options, but I would say high (just going off what some of my PM friends make so I could be wrong).
Thats total all in so including Base + RSU vesting per year + Bonus. Is that what your all in make?
For your YOE the low end of the range is somewhere between low and average, and the high end is high. Specific business and technology results should drive the negotiation though, not YOE. If YOE is your lever, I'd expect you to land in the bottom third.
My sense of low and high here is relative to other offers, not compensation generally (i.e. what you'd find on levels.fyi). Plenty of people with roughly the same YOE make a lot more thanks to RSU appreciation.
I would agree, quite high, based on my PM friends too
Even all in? That's not base
That's at least a bit north of average, IME.
PM friends of mine are in the 150-180 range for base pay. Can't speak to equity comp.
Thats total all in so including Base + RSU vesting per year + Bonus
It's on the higher end for 5 years, but it depends on a lot of factors -- if you're really concerned it's low, get multiple offers.
Damn, I'm switching to product mgmt as soon as I can!
That's all in, not base lol so a lot of it is stock
What is the base salary?
Not sure as I don't have an offer. Thats total all in so including Base + RSU vesting per year + Bonus