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If you look at FAANG earnings, their annual gross revenue (before expenses), is at least $1M per employee. Last time I looked Apple does $1.5M including all the
by simpleguitar 5y ago
If you look at FAANG earnings, their annual gross revenue (before expenses), is at least $1M per employee. Last time I looked Apple does $1.5M including all their Apple store employees.
It's not just insane valuation. If the employees are bringing in $1M per head, you can afford to spend more on those who are making stuff.
- jeffreyrogers 5y agoIt's still the case that most of the total comp is from RSUs, and often the people making $500k+ are making that because of appreciation in the stock price. Their initial offer wasn't that high.