Apple New Grad Offer

Undisclosed Qjeb8snt3
Oct 22, 2018 35 Comments

Base - $125k
RSU - $100k (split over 4 years)
Bonus - $15k
Level: ICT3
Location: Cupertino

Should I keep leetcode grinding or take this offer? Still in my senior year with a couple months to go before graduation so I have lots of free time

133 VOTES SELECT ONLY ONE ANSWER
VOTE VIEW RESULT

comments

Want to comment? LOG IN or SIGN UP
TOP 35 Comments
  • Amazon mimikyu
    Are you really concerned that offer is a significant lowball? These posts make me lol.

    You’re either just here to brag, or you’re privileged and precious. Check the internet to see where you fall in the salary band for your qualifications rather than asking Blind.

    Based on current information about you, your problem solving skills, ability to research market data, that offer is WAY too generous. Have a great senior year!
    Oct 22, 2018 3
    • VMware vLol
      If something isn't 1% it's low-ball?
      Oct 22, 2018
    • Undisclosed Ceetlode
      That doesn't follow from the point at hand. If only outliers make a certain salary it's silly to call anything less than that a lowball offer. By definition the top 1% are outliers. More importantly, you obviously shouldn't compare the salary of an Apple engineer with the median salary of engineers working across the country in all kinds of companies. That doesn't make any sense.

      When considering whether or not you received a lowball offer, you should benchmark using the expected compensation of typical employees at the same company and level; unless you're personally capable of demonstrating you're an outlier, it's not a lowball to offer you less than an outlier salary. This shouldn't be a controversial point.

      The entitlement in our industry is getting kind of ridiculous. Someone posts a high comp package and all of a sudden any new grad making less than $200k at Apple is getting lowballed. What terminology do you use for new grads who aren't even making $100k yet?
      Oct 22, 2018
    • Undisclosed Ceetlode
      Okay. But strictly speaking, your use of the term "lowball" is wrong. You're moving the goalposts here. Taken to its logical extreme, your philosophy is that a professional athlete is being lowballed if there exists a player in the same league and same position earning more, even if they're on a different team.
      Oct 22, 2018
  • Google hw22
    Damn didn’t know Apple paid more for new grad than Google and Facebook.
    Oct 22, 2018 8
    • Undisclosed cho Chang
      Also the fb standard new grad offer is higher than that. 115k base and 150k RSUs over 4 years, plus E3 has a 10% target bonus, so that adds up to ~165k TC excluding signing bonus.
      Oct 22, 2018
    • Undisclosed Qjeb8snt3
      OP
      Damn. So should I ask for $140k base or $160k RSU?
      Oct 22, 2018
    • Undisclosed cho Chang
      U could ask for a slightly higher base but 140k would be pushing it too far for a new grad. 160k RSUs would be more sane. As always tho, the best way to negotiate any component higher is getting competing offers.
      Oct 22, 2018
    • Undisclosed Qjeb8snt3
      OP
      Got it, and what if I don’t have competing offers from another FANG? Should I fake an offer?
      Oct 22, 2018
    • Undisclosed cho Chang
      No, don’t do that in case they ask for proof. It doesn’t have to be from FANG, even twitter would offer a better package.
      Oct 22, 2018
  • Undisclosed cho Chang
    Focus on interviewing at public companies that would make higher offers like Facebook, google, snap, OCI, LinkedIn, Dropbox, twitter, etc.
    Oct 22, 2018 3
    • Microsoft qwerty🎉🐦
      How are any of those higher? Maybe counting signing bonus sure, but fb and google bade is 110-120k and stock is 100-150k generally unless you’re a rockstar return intern
      Oct 26, 2018
    • Undisclosed cho Chang
      Dropbox gives out high bases (125k+) and more RSUs (160k+). Twitter also gives out more RSUs (175k+).
      Oct 26, 2018
    • Microsoft qwerty🎉🐦
      Yeah but both are dying companies. Twitter has no plans for growth and Dropbox will die since literally every other tech company has their own cloud storage now
      Oct 27, 2018
  • Apple iHateFruit
    How did you get ICT3 as a new grad? Are you one of those rock star engineers?
    Oct 22, 2018 2
    • Undisclosed cho Chang
      In Eddy’s IS&S org, new grads are hired at ICT3.
      Oct 22, 2018
    • Apple yVcI11
      I wasn aware apple hired new grads below ICT3. isnt ICT2 hourly?
      Oct 28, 2018
  • Apple TimHorton$
    Pretty standard offer. Get a competing and drive it up.
    Oct 22, 2018 0
  • This comment was deleted by original commenter.

    • Undisclosed Qjeb8snt3
      OP
      Which companies do you recommend?
      Oct 22, 2018
    • Undisclosed Ceetlode
      Can you clarify what you consider to be an offer that's not a lowball? To put it bluntly, I don't think you know what a lowball is if you think anything less than $200k for a new grad is a lowball.
      Oct 22, 2018
  • Microsoft rusb28
    Lol what a sad offer, ask for more
    Oct 22, 2018 3
    • Undisclosed Qjeb8snt3
      OP
      How much more should I ask for? The recruiter really pumped me up saying he was looking out for me and this is above the standard 🙁
      Oct 22, 2018
    • Microsoft rusb28
      175 to 200k RSU at least
      Oct 22, 2018
    • Microsoft rusb28
      Probably 50k cash too
      Oct 22, 2018
  • Oracle mtUs10
    Follow
    Oct 22, 2018 1
    • VMware vLol
      There's a bookmark button
      Oct 22, 2018
  • Undisclosed plt
    if it makes you feel better I got offered only a little more with 2 years of experience.

    ICT3 130k base, $105k RSU over 4 years, $25k bonus
    Oct 22, 2018 1
    • Undisclosed Qjeb8snt3
      OP
      Ok good this makes me feel better. Issue was I felt like I was on the low-end of ICT3 but obviously it’s b/c I’m a new grad.

      Btw do you know avg time it takes to get to ICT4?
      Oct 22, 2018
  • Avere Systems DaveSteve
    Location?
    Oct 22, 2018 1
    • Undisclosed Qjeb8snt3
      OP
      Cupertino
      Oct 22, 2018
  • Apple Tteft
    Apple won’t counter if you don’t have offer from unicorns or other company
    Oct 23, 2018 0
  • Apple Cederighi
    Team/Org?
    Oct 22, 2018 0