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Nikhil pursued a career in Product Management through the route of an MBA. In this conversation we talk about whether an MBA is required for a PM career, traits that make for a good PM, and more. Listen in to hear:
Life at Adobe
Connect with Nikhil via LinkedIn
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Notes from Nikhil on Compensation:
"Couple of notes on the compensation figures. Firstly, the numbers on levels.fyi are heavily skewed towards SF Bay Area where salaries are much higher than the rest of the USA. Secondly, these numbers refer to total compensation, which includes both fixed compensation (i.e. base salary) and variable compensation (i.e. bonus and equity). With each increasing level of seniority, variable compensation accounts for a larger percentage of total compensation. At my level at Meta variable comp is roughly 40% of my total comp, at the manager level it is roughly 60%, and at the director level and above variable comp is 80%+ of total comp. Variable compensation varies significantly based on individual performance, the company's performance, and overall stock market performance. For example, in the first half of 2022 Meta's stock value dropped by over 50%, leading to a significant decrease in employee compensation across the board."
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Nikhil pursued a career in Product Management through the route of an MBA. In this conversation we talk about whether an MBA is required for a PM career, traits that make for a good PM, and more. Listen in to hear:
Life at Adobe
Connect with Nikhil via LinkedIn
--------------------------
Notes from Nikhil on Compensation:
"Couple of notes on the compensation figures. Firstly, the numbers on levels.fyi are heavily skewed towards SF Bay Area where salaries are much higher than the rest of the USA. Secondly, these numbers refer to total compensation, which includes both fixed compensation (i.e. base salary) and variable compensation (i.e. bonus and equity). With each increasing level of seniority, variable compensation accounts for a larger percentage of total compensation. At my level at Meta variable comp is roughly 40% of my total comp, at the manager level it is roughly 60%, and at the director level and above variable comp is 80%+ of total comp. Variable compensation varies significantly based on individual performance, the company's performance, and overall stock market performance. For example, in the first half of 2022 Meta's stock value dropped by over 50%, leading to a significant decrease in employee compensation across the board."