Evaluate my Dropbox Offer
IC3 Base 215 RSU 600/4 Sign On 50k Bonus 15% TC 397 without Sign on YOE 12 Didnt make the IC4 bar.
It's good, but maybe not as good as you think... e.g. https://finance.yahoo.com/news/those-purchased-dropbox-nasdaq-dbx-170719837.html ... Of course, past performance does not necessarily predict the future, but you always should factor in some analysis of growth prospects when evaluating equity. If their trend continues (or worsens) your 600k in rsus would be worth less than 125k by the time it fully vests.
My grants will be granted at an avg share price outside the major dip, so hopefully it can only go up :)
Perhaps I misunderstand, but that seems worse... If they use an avg share prices not factoring in the recent dip to calc the rsu count, then you will get a lower value from the very start. Unless you are saying they will recalc 150k/current share price on every yearly vest... That would be better for you if the stock goes down (but worse if goes up)
Median L3 is around 330 so that’s pretty high
So what specifically disqualified you from IC4 bar? I thought 12 yoe should get you there.
I’ve been told that I wasn’t articulating technical concepts deep enough. I never was asked about “going deeper” No pun intended. Lol
"We didn't like your closing arguments and you didn't diversify your solutions with enough sharpies. In fact, you've only used blue" so we're gonna pay you less.
400k for ic3 is really good. That is IC4 salary
this is the top offer.
I'm IC3 with 340 TC at this point :(
340k is still top tier for the level equivalent at FAANG
I make less as IC4. Congrats!
Both are called SWE until L5 (staff)
Do they pay same or different for swe and tpm, Microsoft pays the same
What’s the TC here? (SALARY*1.15)+(RSU/4)+(SIGNON/??)? A bit over 400 TC?
Could you help.me.understand why salary*1.15
@Quacky The 1.15 is 115% of the salary, to account for 100% of the salary, and 100% of the up-to-15% annual bonus. @norsk you can't include signing bonuses in TC. They are one time payouts with a leash. The formula for TC is: s + b + (e/4) = c Where: - s is salary - b is the dollar value of the annual bonus - e is the total value of the equity given at the grant day (or offer date if grant date is unknown) - c is total compensation ... So the TC for this offer is 397,250. Note that the formula can be modified slightly to avoid having to calculate the annual bonus value, if you only have the percentage 'p': (s * (1 + (p/100)) + (r/4) = c which shows that b = s * (p/100)