0vercl0k.github.io/teesee-calc
Teesee is a simple web application that allows you to visualize and compare total compensation packages. They can be confusing to understand and compare: multiple parameters, different vesting schedule, different benefits, etc.
Ultimately, every package is different but they usually all follow a common structure and use the same ingredients. Teesee breaks it down into into several parts (note that most of them are not mandatory):
- Base salary: this is a cash amount that you will receive every month.
- Benefits: this is your health insurance, 401k match, paid time-off, your free whatever. It is not cash but still has a monetary value that can vary quite a bit across companies.
- Sign-on bonuses: this is a fixed cash amount that usually gets unlocked over the year (every month for example, or one payment after signing the contract). Packages can include several of those (for year 2 for example).
- Initial stock grant: this is not a cash amount, but a number of shares that will vest over a period of time. The vesting schedule differs from company to company.
- Performance cash: this is a cash amount that is usually indexed on your performance for the past year and also depends on the level you were operating at. It usually happens once every year.
- Performance stock refresher: this can be another part of the performance rewards. It comes as a stock grant with a vesting schedule that can be different from the initial stock grant. This also usually happens every year.
Hopefully Teesee help you out visualize and take better decisions for your own short/long term professional career.
Axel '0vercl0k' Souchet