Please take note that Spotify pays sub-market salaries for these cities. The reason being that they do not offer RSUs but instead public stock options without any discount.
- Typical FAANG compensation: X base pay + Y RSUs + Z signing bonus
- Spotify: X base pay + Y stock options (public, so equivalent to you purchasing stocks really) + no signing bonus
- Typical FAANG compensation: X base pay + Y RSUs + Z signing bonus
- Spotify: X base pay + Y stock options (public, so equivalent to you purchasing stocks really) + no signing bonus