Apple offer evaluation

Google cilo
Apr 4 79 Comments

Hi all

I am a new grad phd.
I got an offer from Apple in cupertino like this.
Base/sign/rsu: 170/40/160
plus annual bonus and refresher.

Is it good to take?
I have not negotiated yet.

comments

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TOP 79 Comments
  • Netflix Johnny5
    Check out Netflix after a few years if you want to get a sense of top of market for video engineering. It’s far above that offer once you have a few years under your belt and a PhD.
    Apr 4 20
    • Netflix Johnny5
      The options expire 10 years after the date given. The strike price is the street price on the day of the grant which is the 1st trading day of each month. This means they are worth nothing the day you get them. The cost for an option is 40% of the strike price. So if stock is $500, each option costs $200. If you elected to put $120k into options for 2019, $10k per month is used to purchase the options automatically. You cannot trade the actual option. They must be exercised instead.
      Apr 5
    • Apple
      patnaput

      Apple

      PRE
      Amazon
      patnaput more
      @gcoin u were in HW ?
      Apr 5
    • Yahoo Genius
      @Johnny5, thanks man. That makes sense.
      If someone has been with NFLX for years and has used the options strategies, they would be millionaires especially since 2010 and onwards. This is interesting.
      Apr 5
    • Google / Eng
      GCoin

      Google Eng

      PRE
      Apple
      GCoinmore
      @patnaput firmware
      Apr 5
    • Netflix Johnny5
      Yes, many of us that have been here for more than 5 years are multimillionaires.
      Apr 5
  • Facebook pobar
    160 per yr or over 4yrs? What level are they offering?
    Apr 4 10
    • Apple RcvW67
      Definitely low for ICT4 specially in video engineering... even as ICT3 you could get more although it’s a good offer.
      Apr 4
    • Google cilo
      OP
      so do u mean that some fresh phd get ict3 and others get ict4?
      Apr 4
    • Facebook pobar
      It'll mostly be ICT3 from what I know but someone from Apple can be more helpful here
      Apr 4
    • Google cilo
      OP
      thanks pobar
      Apr 4
    • Google / Eng
      GCoin

      Google Eng

      PRE
      Apple
      GCoinmore
      New Grad PhD get ICT3
      Apr 4
  • Amazon Vaporeon
    Not bad offer for a PhD. Is the 160 the signing bonus?
    Apr 4 2
    • Amazon iSuckAtDP
      Like it's stock and 49 is sign on
      Apr 4
    • Google cilo
      OP
      160 is rsu, 40 is sign on
      Apr 4
  • Google / Eng
    GCoin

    Google Eng

    PRE
    Apple
    GCoinmore
    Solid offer. Which org?
    Apr 4 3
    • Google cilo
      OP
      video engineering
      Apr 4
    • Google / Eng
      GCoin

      Google Eng

      PRE
      Apple
      GCoinmore
      Nice. Congrats
      Apr 4
    • Apple / Eng fruitco334
      Yo send it video eng is a great organization. Work with them often.
      Apr 7
  • Apple RcvW67
    This is a good offer. However keep in mind video engineering doesn’t have work life balance. You run 24/7.
    Apr 4 2
    • Google cilo
      OP
      oops.. thanks for letting me know. Do u see a room for negotiation?
      Apr 4
    • Apple RcvW67
      Not at all. Pretty much everybody runs like that... some of the main managers keep sending emails very late at night and on weekends and people generally work for very long hours and have deadlines every week.
      Apr 4
  • Google cilo
    OP
    Hi all, thanks to your valuable opinions, I was able to end up with a better salary. I get base180, sign80, rsu250. Thanks a lot blinders!
    Apr 16 0
  • Google orangeface
    Does apple have annual cash bonus?
    Apr 4 4
    • Google cilo
      OP
      yes about 15% of base in my case
      Apr 4
    • Google / Eng
      GCoin

      Google Eng

      PRE
      Apple
      GCoinmore
      Apples bonus is not similar to Google where you are almost guaranteed 15% if you meet expectations. In the 6 years I was at Apple my bonus was usually ~10% regardless of my performance. First year at Google and my bonus was ~22%
      Apr 4
    • Apple jkrehba
      +1 to gcoin... i got 7% this year and I told my boss why so less even my rating are good.. he is like 7% is lot.. I was like .. you are kidding right 🙄
      Apr 4
    • Yahoo Genius
      Your boss is like mine, a complete jerk!
      Apr 5
  • Apple
    ttacobell

    Apple

    PRE
    Amazon
    ttacobell more
    Wow nice offer !
    Apr 4 2
    • Google cilo
      OP
      hey ttacobell, do u think is there a room for negotiation?
      Apr 4
    • Apple
      ttacobell

      Apple

      PRE
      Amazon
      ttacobell more
      No harm on trying that
      Apr 4
  • Apple 867530nine
    Super solid offer. Not sure there’s much for improvement without a competing offer though.
    Apr 4 1
    • Google cilo
      OP
      Thanks for your opinion.
      Apr 4
  • eBay / Eng meowwwoem
    Getting a competing offer is the way to go. If nothing else ask them about sign on bonus flexibility and make sure to reiterate you’re very happy to get an offer.
    Apr 4 1
    • Google cilo
      OP
      meowwwoem good advice thanks
      Apr 4
  • What's the subject of your PhD?
    Apr 4 1
    • Google cilo
      OP
      background is ee and i am doing computer vision
      Apr 4
  • Apple parking
    This is what is a typical offer for 3-5 years experience after a BS. So it is pretty decent. Base is really good. Top 10% end of base for ict3. Most folks get 140-150k base
    Apr 4 6
    • Apple parking
      BS has a lot lower starting package. They need to work for 3-5 years to get to what you are making at the start
      Apr 4
    • Google cilo
      OP
      Then what is the benefit of working at Apple after receiving a PhD degree? It seems BS is better in terms of salary after considering the number of years for my MS and PhD.
      Apr 4
    • VMware codechick
      Which is why most people don't go for a PhD!
      Apr 4
    • Google cilo
      OP
      ha!
      Apr 4
    • Apple parking
      Yes PhD has no additional value in SWE. You miss 5 years of compounded savings from a high paying job to end up at a similar place
      Apr 5
  • Apple wangminh12
    What role?
    Apr 4 3
    • Google cilo
      OP
      doing some research and doing some coding
      Apr 4
    • Apple wangminh12
      Offer is good. Can do a bit higher on RSUs given phd
      Apr 4
    • Google cilo
      OP
      Thank you wangminh12
      Apr 4
  • Microsoft
    qGFA13

    Microsoft

    PRE
    Microsoft
    qGFA13more
    How was the interview like?
    Apr 5 1
    • Google cilo
      OP
      it was good. Gentle interviewers, no super tricky questions.
      Apr 16
  • eBay / Eng meowwwoem
    For bonus they were very careful when I asked how much it was, I guess it isn’t pegged at a level. They tried to say it was near 15% when I really pushed them but they always said we can’t commit to this and was afraid to make direct statements.
    Apr 5 1
    • Google cilo
      OP
      same to me. Thank you.
      Apr 16
  • Apple RcvW67
    +1 : mine was only 5k which is only 3% of income!! Bonus depends on how much does the manager like you.
    Apr 4 1
    • Google cilo
      OP
      good to know. Thanks a lot!
      Apr 16
  • Oracle Vodka🍼
    OP
    How was the onsite interview. Did you do well in all the interviews?
    Apr 4 1
    • Google cilo
      OP
      I think I did except the last one. I was too exhausted.
      Apr 4
  • Bayer macys
    What will you be working on?
    Apr 4 1
    • Google cilo
      OP
      they did not tell me exactly. It will be highly related to deep learning
      Apr 4
  • Flagged by the community.