Calculate the combined value of salary, bonuses, equity, retirement contributions, insurance, PTO, and other employer benefits.
By the end of this upgrade you will know the full dollar value of your current compensation package, not just your base salary.
Write down base salary, target bonus, commission, equity/RSU grants, employer retirement match, health insurance subsidy, PTO, and any perks (stipends, phone, gym, tuition).
Use actual dollar amounts where stated; estimate the employer's monthly premium contribution for insurance and the cash value of PTO days using your daily rate.
Daily rate = annual base / working days per year
For RSUs, use current share price x vesting shares per year; for options, value only if there is a clear path to liquidity and use a conservative estimate, not the best-case scenario.
Add every valued component into a single annual figure.
Total comp = base + bonus + equity value + employer retirement contribution + benefits value + PTO value + perks
Compare your total comp figure to market data for your role, not just base-to-base — a lower base with strong benefits can still be competitive.
Flag which piece of your package is furthest below market (base, bonus, equity, or benefits) so you know what to prioritize in a negotiation.
Annually
Equity valuation and tax treatment vary — confirm vesting and tax details with your equity plan documents or a tax professional.