[rifung]

> AppAmaGooBookSoft ignores Netflix, which is important for salary calibration since they are cash-only. And FAANG ignores MS.

Why does it matter if it's cash only? The stock is equivalent to cash unless you care that much about the fluctuation.

At Google we have Autosale so any time I get a stock grant it's automatically sold and deposited into my bank account as cash.

At Microsoft I think they go even further and give you an amount of stock based on the cash value at the time you receive it so you don't even have to worry about price fluctuations. (At least that is my understanding)

I believe the reason FAANG ignores MS is that MS salaries are lower, but that is only based on my personal experience.

[Infinitesimus]

FAANG was coined base on stock performance and MS wasn't a hot stock at the time

It happened that because their employees are paid heavily in stock, the acronym became synonymous to high paying jobs

[usaar333]

Cash is not equivalent to stock. Stock has a higher expectation since you can invest unvested stock but not unvested cash.

Hell, a stock offer is something like 30% more valuable than cash over 4 years, though obviously riskier.

This is also why a lot of start-up offers actually blow away faang comp (way higher expected rate of return).. again at expectation.