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Base salary vs equity: which lever to push in a tech offer

Last updated: June 2026 ยท ~6 min read ยท Tied to: Counter-Offer Kit

Short answer

Default to base. Base compounds โ€” every future raise, bonus, promo, and your next offer baseline is a percentage of base. Equity is a one-time bet on the share price between vest dates. Push base when you have leverage (competing offer, in-band ask, public-company offer). Push equity only when the company is pre-IPO with a clear liquidity event in the next 24 months.

The 3-step base-push script

  1. Pull the base band first. Look up Levels.fyi for your role + level + city. Find the 75th percentile base only โ€” ignore total comp for now.
  2. Quantify the dollar gap. If the offer is $190k and the 75th is $208k, the gap is $18k. That is your specific ask, not "more base."
  3. Frame the ask as a base-only delta โ€” keep RSU and signing as fallback levers. The email below makes it easy for the recruiter to say yes to base without rewriting the whole package.

The exact email to send

Subject: Re: [ROLE / LEVEL] offer โ€” base question

Hi [RECRUITER],

Thank you for the offer for [ROLE] at [COMPANY]. The team and the RSU package are great.

One question on base. Looking at Levels.fyi for [LEVEL] in [CITY / REMOTE] with [X] years in [SPECIALTY], base typically sits at $[LOW]โ€“$[HIGH]. Current offer is $[OFFERED_BASE].

Would you be able to revise base to $[BASE_TARGET]? I'd prefer to keep the RSU and signing structure as offered โ€” base is the lever that matters most for the long term.

If base is fixed at this band, I'm open to revisiting RSU or signing instead. Could you come back by [DATE โ€” 3 business days]?

Thanks,
[YOUR_NAME]
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The Counter-Offer Kit has the 3-lever email, the base-only push, the equity refresh ask, and the "I have another offer" wording.

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When equity actually beats base

What NOT to say

An illustrative example

Illustrative example (not a customer result) ยท Senior SWE, public SaaS company, remote

Senior SWE got an offer at $185k base / $360k RSU (4yr) / $20k signing. Levels showed senior remote U.S. at 75th: $210k / $400k / $30k. They asked only for base โ€” $205k โ€” and kept the RSU/signing structure. Recruiter came back at $200k base + $25k signing as a sweetener. +$15k base + $5k signing = +$65k over 4 years on cash alone, plus a higher comp baseline for their next move.

Before you push base โ€” quick check

If yes to all three, the email above is exactly what to send. Don't overthink the wording โ€” that's what the kit is for.

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5 fill-in-the-blank emails: base-only push, 3-lever counter, competing offer, low offer, exploding deadline. Built for tech.

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Related reads

FAQ

Should I take more base salary or more equity?

Base if you need certainty. Base compounds every future raise, bonus, and your next job's offer baseline. Equity is a bet on the share price โ€” at public companies it's predictable; at startups it's a lottery ticket. Default to base unless the equity has a clear liquidity path.

How much more base can I realistically ask for?

5โ€“12% over the opening base offer is typical at public tech companies. Pre-IPO startups have less base flex but more equity flex. Anchor every ask to a Levels.fyi or peer data point โ€” recruiters dismiss anything else.

Will the recruiter rescind the offer if I ask for more base?

Almost never. Rescindments happen for tone, not asks. A polite, anchored ask gets re-priced; a vague "can you do better?" gets a no-thanks. The kit's wording was built around exactly this distinction.

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