First time negotiating an offer with equity? Do your homework!
What was the difference between RSUs in one offer and Stock Options in another? Is 10k more options worth $10,000 less base pay?
When I transitioned careers into the tech industry, I didn’t know what to make of the equity part of the offer. If you are making a career transition into tech, get smart about this part of the compensation package. It could mean the difference of millions of dollars over time!
Be prepared to negotiate. Annual statistics tell us, just like cash compensation, with equity compensation women and minorities make a fraction of what others do. Understand the offer, and ask for what you are worth.
We recommend our RecastSuccess bootcamp learners start with this great Equity 101 series. Thank you Carta for offering these resources for free!
Stocks are never a guarantee of value. But, I’ve seen PMs, Sales people, and Customer Success managers pay for houses with their stocks after working for the right company for a few years. I’ve also seen people take way less base pay than they are worth, and walk away years later with what equated to a pile of losing lotto tickets.
If you are applying for roles in tech, don’t wait until a hiring manager is waiting for your decision to start doing your research. Get started now!
