FTE pay lower than current TC

Microsoft / Consultant AtlasCries
Jan 3 10 Comments

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?

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TOP 10 Comments
  • Universal Orlando 8675309k
    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.
    Jan 3 1
    • Microsoft / Consultant AtlasCries
      OP
      Thanks for sharing. I agree. Keep your options open, but keep it moving.
      Jan 4
  • Facebook public2
    Yep commonly take home cash will drop significantly when converting but fte revieved tons of benefits and career growth.
    Jan 3 2
    • Microsoft / Consultant AtlasCries
      OP
      I hear that. The investment in developing me as an employee is higher if converted.
      Jan 4
    • Facebook public2
      Yep, that would go from 0 to 100%
      Jan 4
  • Microsoft fjdkd
    Which company ?
    Jan 3 2
    • Microsoft / Consultant AtlasCries
      OP
      Local telecom
      Jan 3
    • Microsoft fmejb
      When you get to interviewing, you can ask the salary range of the position
      Jan 3
  • Amazon / IT rayLogan
    Definition of TC == Base + Stock + Benefits. How would it be possible to get additional stock without including in TC?
    Jan 3 1
    • Microsoft / Consultant AtlasCries
      OP
      Not sure I follow your question. Can you say more?
      Jan 4