Many people will die just to get a foot into FAANG companies, this is exactly what I thought, to work in the first-tier corporation will be prestigious, that is why I applied.
I completed usual prescreening, online coding test, phone interview and was invited for 5 hours interview on site, after which I had to take 100 grams of whiskey in the local pub, as 5 hours is too exhausting. :-)
Anyway, 5-hour interview went pretty well and week after I got an offer. Wo-oo-ow! Cool!
But I quickly realized that base salary is 10K less than my current base salary and TC is roughly the same.
I had to mention, the city where I live is not in the Bay Area. Not Seattle. And not even in the USA, not in North America, but it's also NOT a third world country. My city is constantly making its position in the top 10 list of the best cities of the world.
Compensation will be fewer what coworkers will earn in Bay Area or Seattle, basically I understand that, and I don't mind - Bay Area is more expensive, but at least Amazon need to match my current one.
So, I started negotiation process. They gave me additional 5K (are you guys kidding me?!), still not matching the base salary. Total compensation will be approximately the same figure what I currently make, I have currently base salary + pension plan + bonus.
What make FAANG companies great to work? Interesting innovations, name on resume, compensation.
Well, I have 15+ years of experience, I have also big names on my resume, experience with trendy technologies, plus even one American technology magazine approached to me to write an article for them about identity and access management product, because of our earlier adoption, and getting less what I have in Amazon?!?! Are you guys in Amazon some sort of snobs or what if you see non-English, but European candidate name? Or are you using frugality incorrectly towards to your own employees? Wonder if Bezos check its own management guys for their leadership principles, in fact he eventually needs to do.
I’m not that desperate. Nope, of course I'm not going to accept the offer. At least 15% higher for total compensation AND (not or!) at least match my base. So, I lost an interest.
Plus, it is not clear are they going to vest additional stocks after my initial RSU vested after 3 years? I considered this as a risk, you never know how well things goes for you at new place.
And it is better to have what you guaranteed to have such as base salary, rather to rely on RSUs which can or cannot be awarded after 3 years (this is exactly what says in contract)
Yes, you can tell that I need to have very good performance. In fact, I do perform. And I will for sure perform in Amazon, as it is quite natural to perform very good for higher compensation.
All I believe that the starting point (the base salary) must be the same, I don't want to take any risks, because there will be always some portion of the risk when you change the companies.
Just wondering if anyone had similar experience with FAANG companies?
If you actually want a good package you will need multiple simultaneous offers within the US, and use them as leverage in negotiation.