Evaluating offer at Alphabet company

New ozJF74
May 4 18 Comments

I received an offer from an Alphabet company (Wing, doing drone delivery) 2 days back for a software engineering role.

The recruiter mentioned that their levels are the same as what Google offers, so the the maximum they can offer would be whatever is maximum for a L4 at google. I have 2yoe after my MS in CS (and 3 yoe before MS).

Current: 150k base, 250k unvested stock (publicly tradable)
Offer: 148k base (15% target bonus) , 10k sign-on (relocation separate), 70k options (similar to L4 median offer at Google, except no GSU :( )

Expecting to hear back from Amazon, FB, Uber soon. The recruiter mentioned they would not be negotiating any further, and the offer is final.

Questions:
1. The maximum L4 base at Google that I've seen on blind is around 160k. Has anyone been successful in negotiating >160k base for L4?

2. They are offering a lower base (recruiter is saying the bonus would make up for the deficit). Is it advisable to move for a lower base salary from future comp point of view?

3. Any way to value the 70k options?

4. I have an onsite scheduled for Google as well, do Alphabet companies compete with google (in terms of offering higher comp)?

5. How's the work culture at Wing in general, they've won a few regulatory battles recently, so is the team pumped up? What are the chances that this can be a unicorn?

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TOP 18 Comments
  • Microsoft Vbsm66
    "The maximum they can offer would be whatever is maximum for a L4 at Google"

    What the fuck, options? My guess the strike price is equal to the current stock price. Also the bonus is pathetic for L4 Google.
    May 4 10
    • New ifys31
      I thought they don’t do that anymore
      May 4
    • 15% target bonus sounds right based on recent conversations I’ve had with recruiting.

      Oh did you mean the sign on bonus? Yea 10k is low compared to other signing bonuses but lots of offers don’t even include sign on bonuses here.
      May 4
    • New ifys31
      Isn’t 15% target bonus standard across the company (with potential to go up to 25% based on performance)?
      May 4
    • It is at least for levels 4 & 5 (and maybe 6?) according to recruiting.

      According to braggers on blind 15 is abysmal and ‘everyone’ gets 30 to 50 as their target, lmao. (I don’t believe most of what I read in the TC threads here)
      May 4
    • New ifys31
      Where have you seen that? Highly unlikely to be true for most people
      May 4
  • Google / Eng 5cvb87
    The bonus will make up for any difference. You'll pretty much always get 15%, and with good perf you'll see 18-20%.

    Google can definitely match your current TC and it would be all liquid. I wouldn't worry about the base vs bonus difference.
    May 5 2
    • New ozJF74
      OP
      Does google usually factor in the 15% bonus as a part of the base when matching competing offers?
      May 5
    • Google / Eng 5cvb87
      Yeah they do, which makes sense since the bonus is not really related to company performance and only personal performance, and even average performance will get you the target.
      May 6
  • You shouldn’t have done your negotiating until you had another offer in hand. That was a big mistake.

    But lower starting salary works itself out in the end. Either get a couple really good reviews in a row or get a promotion and the starting salary no longer matters.
    May 4 2
    • New ozJF74
      OP
      I was assuming that they would atleast offer something higher than what I am making currently.. But the base is actually lower and the stock is non-liquid AND I don't know the value :/ The recruiter's personal opinion was that it would be over 10x (pff), but even with a generous 4x multiplier, it's almost the same as my current comp in stock as well.
      Only reason I am even considering this is because the technology is very interesting for me and that Alphabet's backing hopefully means my stock wouldn't be worth 0.
      How soon can one apply for promotion after starting?
      May 4
    • Dunno about the random alphabets, but at google you technically could at your first year but gfl on that
      May 5
  • Indeed QFoE08
    Just curious, did you accept the offer?
    Jun 7 0