Silicon Valley Compensation
San Jose is the heart of Silicon Valley, where tech workers earn some of the highest wages in the country. Many compensation packages include RSUs, signing bonuses, and equity — all of which affect your paycheck.
San Jose is the heart of Silicon Valley, where tech workers earn some of the highest wages in the country. Many compensation packages include RSUs, signing bonuses, and equity — all of which affect your paycheck.
With average tech salaries exceeding $150K, many San Jose workers fall into California's 9.3% to 11.3% state tax brackets. This results in paystubs showing substantial state deductions.
You can add a custom earning line for "RSU Vesting" to reflect the value of shares that vested during the pay period.
California's top marginal rate is 13.3% on income over $1 million, the highest state income tax rate in the US.