Can Bloomberg match my offer

Bloomberg jasonginus
Sep 16 22 Comments

Recently, I got an offer from Amazon with TC around 270K in NYC. I am currently making 210K per year at Bloomberg. If i want to stay, will Bloomberg able to match the offer? If so, what base and bonus I should target? 4 YOE

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TOP 22 Comments
  • Amazon git clone
    Go to Amazon, it’s a good career move given that you are currently at Bloomberg.

    Also could you tell what is the breakdown of 270k? Base, bonus, Rsu?
    Sep 16 0
  • Bloomberg 0oe71@4xns
    @OP Did you know that Amazon has forced attrition? They fire the bottom 10% of devs every year, even if only 2% of devs deserved to be fired. Imo no amount of money is worth working in such a toxic environment. WeWork, Wayfair and PayPal have similar policies, and Netflix is notoriously aggressive in firing people. Having worked in such a company and experienced the political BS and unnecessary stress, I'm never doing it again. Even if you aren't fired, it sucks.

    If you're willing to take on Amazon's sordid work life for the extra comp, then go for it.
    Sep 18 2
    • Google O.P.
      Can you explain why it sucks? Is it because you were always stressed you were in the bottom 10%?
      Sep 18
    • Bloomberg 0oe71@4xns
      I worked at a startup that fired half of the employees in the SF office during my 6 months there, before I was let go too. We were all ostensibly let go for performance reasons. I found out later that it was so that the company could avoid contributing to CA unemployment. I was the only engineer in their SF office for the duration of my employment there.

      Granted, that was an extreme situation. But there is a poll on Blind showing that 76% of Amazon SWE's, 90% of Netflix SWE's and 49% of FB SWE's are afraid of being fired. The stress and bad WLB don't seem worth the higher pay imo, when the hourly rate at MS, Salesforce or Bloomberg is similar, and obviously higher at Google, LinkedIn or Airbnb.

      I've heard from multiple ex-Amazon friends that they went from having great reviews from their manager to being PIP'ed within a month. In most cases, it's undoubtedly due to the firing quotas imposed by upper management.
      Sep 18
  • Amazon yowsers
    Impressive offer. They weren’t giving L5 offers like this in nyc a year ago.
    Sep 16 2
    • Salesforce
      OHANA GANG

      Salesforce

      PRE
      Netflix, Google
      OHANA GANGmore
      How do you know it's L5?
      Sep 16
    • Amazon yowsers
      We would never interview a SDE from Bloomberg w 4yoe for L6. Maybe if they have a PhD and very strong exp but unlikely
      Sep 17
  • Bloomberg / Eng F.U. money
    Depends on the manager above your GTL usually. I was told to suck it. A girl was countered without even asking despite being lower ranked than I am. YMMV
    Sep 16 0
  • NPD / Data fQqG37
    I have been in similar situations. Recruiters and others usually tell me matching is a bad move coz you will be the first to go when there is a cut or sooner if u r deemed replaceable as soon as ur project finished.
    Sep 16 0
  • Google hargvkro
    Which team are you at Bloomberg? And which team of Amazon you’ll go to?
    Sep 16 1
    • Bloomberg jasonginus
      OP
      Supply chain technology at amazon, specifically in demand forecasting team. I have decided not to leave for Amazon. Currently, waiting for the team match at Google.
      Sep 18
  • Google phyh576h
    Unless you can confirm the Amazon team is treating engineers as human being, then don’t leave.
    Sep 17 0
  • Bloomberg / Eng
    leapfrog

    Bloomberg Eng

    PRE
    CA Technologies, Bloomberg LP
    leapfrogmore
    Why would you want to match? Keep it moving
    Sep 16 0
  • New oeeL53
    No
    Sep 16 0
  • Bloomberg 0oe71@4xns
    Your hourly rate at Amazon will probably be lower, especially after taxes. I honestly wouldn't bother leaving unless the work at Amazon were guaranteed to be significantly more interesting.
    Sep 17 4
    • Bloomberg / Eng the1
      I disagree. Definitely leave.
      Sep 17
    • Bloomberg 0oe71@4xns
      Did you know that Amazon has forced attrition? They fire the bottom 10% of devs every year, even if only 2% of devs deserved to be fired. Imo no amount of money is worth working in such a toxic environment. WeWork, Wayfair and PayPal have similar policies, and Netflix is notoriously aggressive in firing people. Having worked in such a company and experienced the political BS and unnecessary stress, I'm never doing it again. Even if you aren't fired, it sucks.
      Sep 18
    • Google phyh576h
      Totally agree with 0oe71, I’ve worked at Amazon before, which is HELL. Surprised to know wayfair/we work/PayPal have similar policies! I heard fb/Uber are also similar. So Bloomberg should be much better right? Quite stable with barely any forced attrition?
      Sep 18
    • Bloomberg 0oe71@4xns
      There's definitely no forced attrition for software engineers at Bloomberg. SWE PIP's at Bloomberg are extremely rare, and I've never heard of anyone receiving one in my ~18 months at the company so far.
      Sep 18
  • Bloomberg / Eng the1
    No.
    Sep 16 0
  • CapTech / Consultant umgc48
    What’s your base at Bloomberg?
    Sep 16 0
  • Oath wtffff
    all your 4 yoe at Bloomberg?
    Sep 16 0