I'm a contractor, but no longer at msft. My TC is 168k. I've been on the job for 4 months and talks of converting me before my 12 month contract expires later this year, have tentatively started. Rumor and a couple ftes have confirmed, my current salary is nearly double of some of my fte peers. Yes, benefits would be better and I plan to negotiate for more stock if the TC is lower, but not even sure if that would even get me 3/4 whole. Any advice? Bow out now before it moves much further? Interview to see what happens?
I was in a similar situation. I started interviewing and found a much better role elsewhere which was great since they decided to lay everyone off for the holidays.
Thanks for sharing. I agree. Keep your options open, but keep it moving.
Definition of TC == Base + Stock + Benefits. How would it be possible to get additional stock without including in TC?
Not sure I follow your question. Can you say more?
Yep commonly take home cash will drop significantly when converting but fte revieved tons of benefits and career growth.
Which company ?
Local telecom
When you get to interviewing, you can ask the salary range of the position