Currently considering an offer at Apple Cupertino in Operations from like tech company in the North West. Would go from being a homeowner that would have the house paid off in under 10 years (equity) to renting in Santa Clara (throwing money away). Pay bump would be maybe to 140k, plus stock options, etc. Hate the idea of big busy city and annoying millennial tech nerds who don’t know how to put a spare tire on a car when they get a flat, but the over package is appealing. Worth it or nah? Thoughts and insight encouraged and welcomed!
Offer details?
Not official but I expect first offer to be 140k ish base, plus signing, moving, company housing for 45 days, stock options...whatever standard is for Apple. Unfortunately, unless they are offering more than standard I’m not sure I see it being worth wile. Insight?
Not worth it. What's your current TC?
140k is too low a base for Apple/Cupertino or any company. Unless you got lucky, being a homeowner tells me you have at least a decade of experience.
5 YOE. The misses and I were fortunate to have minimum debt and take care of that and save to put 50% down on a 400k house.
Wow, good for you guys! I guess you'll be able to _manage_ given your financial history! But 140k is tight. Hope the stock options get you past or near 200k annually. Good luck!
I am a techie who does not know how to install a spare tire.
Well then OP hates u 😂
Then go watch YouTube and learn something new today, drive over some glass tomorrow, and practice your new skills 😎
For a good townhouse in an ok, not great school district think 1.5 mil. For a good townhouse in a bad school district think 1.2 mil.
No time to learn changing a tire as we are too busy increasing our TC. A new grad at Apple has higher base than you, so consider that before trying to make fun of them.
Fair fair. But a new grad at Apple isn’t a homeowner (most likely won’t be any time soon if they want something decent somewhere decent that doesn’t require greater than a 40 min commute one way) and based on price of living makes less than me. However, I am open to being convinced otherwise. That being said, it’s not about which peacock has the best/prettiest feathers, but which pasture has the greener grass.
Depends on where the home is located - I can own a $400k home outright My point was, you seem to be projecting a superiority complex to hide some perceived inferiority- I would advise you to introspect why, and drop that attitude before you come here
Cupertino is not a city....
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I encountered a similar situation. Was offered a spot at the main Cupertino campus and ultimately declined due to cost of living change. It’s a super difficult decision and I wish you the best of luck!
Thanks for the input! Things to keep in mind are YOE, Stock Grant, total compensation (base + signing + moving + annual raise), but in the end does that help me become a homeowner whose able to retire before 60 and be happy with where I live? Currently, yes, Cupertino who knows, but the offer is pretty
You can move and keep your house. Contact a management company and rent it out.