Fake Apple comp? Or real offer?

Dragoneer Investment Group / Product ¯\_{ツ} _/¯
Apr 16, 2018 26 Comments

I was at a party with someone who has ~10 years experience in product and VC, and an MBA from a top program. They said that they had just gotten an offer from Apple for $400K per year - $215k base / $145k stock / $50K bonus. A bunch of folks at the party started debating if that offer was real or not - some thought too high, some thought too low (go figure). Any Apple people able to tiebreak for us and satisfy our nosey curiosity?

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TOP 26 Comments
  • Uber / Eng
    🍌Banana

    Uber Eng

    PRE
    Uber
    🍌Bananamore
    Wow ppl brag about salary at parties?
    Apr 16, 2018 4
    • AT&T / Eng
      DDM2K

      AT&T Eng

      PRE
      Optum, Windstream, AT&T, Verizon
      DDM2Kmore
      “Parties”
      Apr 16, 2018
    • Amazon / Eng
      Hooliganss

      Amazon Eng

      BIO
      AWS
      Hooliganssmore
      When you have nothing else going for you, it makes sense.
      Apr 16, 2018
    • Oscar / Eng
      dumb|dumb

      Oscar Eng

      BIO
      Fuck you, but wats up bro.
      dumb|dumbmore
      Panties
      Apr 16, 2018
    • Facebook / Eng E12
      These are sex parties. Some people get off to talking about job offers.
      Apr 16, 2018
  • Dragoneer Investment Group / Product ¯\_{ツ} _/¯
    OP
    Haha, the guy talking about his offer was sort of a blowhard, not my favorite party talk either :) With that, my friends and I all want each other to be making what's fair to our skills, so we happily trade comp numbers with each other - if you don't know what people are making, I think it's hard to price yourself fairly. None of us have good intel on what packages look like at Apple for something like an M1, thought this could be a good way to learn and report back. The data out there tends to be for ICT1, 2, or 3...
    Apr 16, 2018 0
  • Apple / Eng
    Euler

    Apple Eng

    BIO
    Very pure..
    Eulermore
    Pol ? Are you saying that someone with 3-4 years experience would be making 400k in Bay Area as an engineer? That sounds far from truth.
    Apr 16, 2018 1
    • Apple bHUz87
      Difficult but not impossible. I have folks in my network falling under this category.
      Apr 17, 2018
  • This comment was deleted by original commenter.

    • Eventbrite / Eng
      YSLL21

      Eventbrite Eng

      BIO
      Ned Stark Bastard
      YSLL21more
      We don’t live in the same bay area
      Apr 16, 2018
  • Medallia mShU83
    I have a lot of friends at 🍎, depending on level, that’s a legit offer.
    Apr 16, 2018 0
  • Apple anonp
    Offer is either rather stock heavy for Apple (435k in 4 years). Base seems ok. Bonus looks high, probably quoting assuming top 5% performance
    Apr 16, 2018 0
  • Dragoneer Investment Group / Product ¯\_{ツ} _/¯
    OP
    Thanks to folks for weighing in! I know that we hear about crazy salaries, but I figured at Apple it would be more the stock refreshes that would bump you up, not the initial offer.
    Apr 17, 2018 3
    • Apple check-mate
      OP why will you share this on any public platform ?
      Apr 17, 2018
    • Apple John!
      OP I would remove that link ASAP. The numbers can be discussed but official offer letters should never be posted. You could be getting David in trouble
      Apr 17, 2018
    • Dragoneer Investment Group / Product ¯\_{ツ} _/¯
      OP
      Deleted the pdf of the offer letter, but here is the link where the recipient posted it publicly online: https://www.davidykay.com/images/2017/05/AcceptingTheCall/offer.pdf
      Apr 18, 2018
  • Google watched
    $400k for 10 years work experience seems low. FANG folks would be making that in half the time.
    Apr 16, 2018 2
    • Amazon / Eng
      jdhwhicjeb

      Amazon Eng

      PRE
      Morgan Stanley
      jdhwhicjebmore
      Exactly, that's in tech for sure. I hear MBA folks are paid less. Not sure.
      Apr 16, 2018
    • AT&T / Eng
      DDM2K

      AT&T Eng

      PRE
      Optum, Windstream, AT&T, Verizon
      DDM2Kmore
      Tree fiddy
      Apr 16, 2018
  • AT&T / Eng
    DDM2K

    AT&T Eng

    PRE
    Optum, Windstream, AT&T, Verizon
    DDM2Kmore
    My old coworker just made $10k on his biweekly check from all the overtime splicing fiber on cuts. Man I miss the field sometimes.
    Apr 16, 2018 2
    • Amazon Gidx
      Unionized worker?
      Apr 16, 2018
    • AT&T / Eng
      DDM2K

      AT&T Eng

      PRE
      Optum, Windstream, AT&T, Verizon
      DDM2Kmore
      Yes. Double-time pay for call outs
      Apr 16, 2018
  • Dragoneer Investment Group / Product ¯\_{ツ} _/¯
    OP
    It's public on the internet already - my friend found it as a link. Just reposting here as it's pretty buried online. Totally agree, I'd never share if someone sent me their private offer letter, that'd be insane.

    https://www.davidykay.com/images/2017/05/AcceptingTheCall/offer.pdf
    Apr 17, 2018 1
    • New KHvK33
      Those numbers arent the same as what you posted lol
      Dec 7, 2018
  • Apple Gg56fh
    Are you sure $145K isn’t RSUs vesting over 4 years? Apple doesn’t give large starter grants in my experience. Experienced folks who are rated strong performers can definitely get strong refresh grants. Do this 2-3 years in a row and you can meet/exceed $400K total comp before appreciation. The base indicates an ICT 5 salary.
    Apr 17, 2018 0
  • Apple bHUz87
    Seems possible.
    Apr 17, 2018 0
  • Nvidia DxoU46
    For good 10yr exp., the base is reasonably good but stock and bonus are pretty low.
    Apr 16, 2018 0