Compensation

Intel grade 7 offer in Santa Clara, CA

Microchip
FupJ42

Microchip

PRE
GlobalFoundries, AMD, STMicroelectronics
FupJ42more
Nov 30

Hi,
I am a Masters in EE with 9 years of relevant experience.

I am looking to move to Bay Area and received an offer from Intel at Grade 7 -
Base: 119k
High cost of living location: 13k
Annual bonus : 7k
Quarterly bonus : 7k (total over a year)
Signon : 19k
Relocation: TBD
No Stocks

I am feeling disappointed with the offer as I think I should be offered a Grade 8 position with a total compensation of 220k.

Is my expectation about job grade and pay reasonable?

Any Intel folks who know about the job grades, I will appreciate your insight.

Thanks!

comments

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  • Intel / Engpleb
    Very bad. Do yourself a favor and stay away from Intel.
    Nov 300
  • Amazon / EngYolo!
    Decline it, that’s like new grad salary with 0 years exp at Amazon and prepare to interview at Amazon Lab126
    Nov 300
  • Free bananas, oranges, and apples. Oh yeah and peanuts for salary. They got rid of all plastic or paper cups and utensils starting today in the Bay Area (already been going on in Oregon and other geos). We're like circus animals being managed by clowns. That's why you get clown code and clown hardware from us. Even BK was known as "clown shoes" in the Intel company forum, among other epithets (Intel Inside Trader, Brian Krapsandwich, VP of Diversity Banger, etc).

    BTW, Intel management is seriously clueless about market pay in the Bay Area for talented engineers. There were many posts in the Intel internal forum about this, how frontline managers reported to upper management that below market pay was causing talent to flee in droves. Upper management either was oblivious or didn't give a shit because their whole plan is to outsource as much as they can to Bangalore.

    Even the AI group head Naveen talked about how it was a daily struggle to attract and retain talented AI SWEs (more than 50% of his original Nervana engineering team left already). Duh you dummy, while you use Intel's marketing expense account to fund your Ferrari racing team, you pay peanuts to talented SWEs. Of course they are going to GTFO.
    Dec 14
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd.Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      I was at Intel for a long time. I took the VSP and went to Broadcom for a few years and I am back at Intel again and I can see nothing has changed much. The same crappy management. The same toxic politics played at higher grades and management. And still low pays. They need to loosen up on RSUs. That’s how other companies pay to attract talent especially in places like Bay Area and Austin.
      Whatever happened to site consolidation? Why am I still working with 3 different sites in 3 different time zones?! I guess BK was full of it and did nothing to improve Intel. Why do they still have non technical managers who don’t understand crap when you try to explain things to them?!
      One of the 1st level managers was telling me: “oh I remember the time when I had to pay 2 bucks and change for a Dunking Donut’s coffee before coming to Intel. Isn’t it great we have free coffee and fruits?”. I actually gave him a dirty look but I was dying to yell out: are you freaking kidding me? Every company, small or big, I worked for had free coffee. Cut the crap and show me the money!
      Anyway, I don’t think I can stand this for more than 2 years this time around. Especially if they’re still in the habit of giving 2% raise 😂
      Dec 1
    • Intel kLpl72
      What made you come out if Broadcom?
      Dec 7
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd.Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      Mainly location. I need to be close to my old parents in the east coast.
      Also Broadcom is not a great place to work at after Hock Tan took over. Yes he gives you a lot of RSUs but they’re just a carrot on the stick. He lays off engineers right before the vesting dates. Layoffs also mean more workload because the amount of work doesn’t change. 0 WLB and top it up with the fear of getting laid off just before the annual bonus and RSU vesting dates. That is by far worse than Intel’s work environment. As soon as I got my 2018 RSUs vested, I left.
      BRCM was a good company before Avago took over and I really enjoyed working there my first few years.
      Dec 7
    • Intel kLpl72
      I'm not surprised. Heard Hock is nothing but a ruthless cost cutter. Thanks for sharing.
      Dec 7
  • Synopsys sw100
    Decline, even poor EDA industry pays more. Better switch to SW company, HW is done regardless if it's Intel, Nvidia, Arm, or Amd
    Nov 304
    • Cadence cad29
      Roger that!! Even EDA pays more😐
      Nov 30
    • Adobe rushhour
      EDA is dead as well. Cadence and snps are on their way out also.
      Nov 30
    • Synopsys sw100
      EDA is dead indeed.... I agree
      Nov 30
    • Adobe rushhour
      Just goes to show how old timers who sounded very geeky during EDA boom team have struggled to come to terms outside EDA. They just have not got settled. Getting to FANG is next to impossible.
      Dec 1
  • Intel 220TC10YOE
    Intel pays well for G8 and above. GreatbWLB
    Nov 3016
    • Intel 220TC10YOE
      Not sure i understand the AMD comment
      Dec 2
    • Intel 220TC10YOE
      But its a lot of money. Good move. I think the hardest part is not selling when it was 10, 15, 20
      Dec 2
    • Intel hey now!
      g8 & g9 ranges are much wider on lower end.

      Stock by grade level
      3: $3080
      5: $4750
      6: $7550
      7: $8500, $13500, $23400
      8: $13500, $20000, $37000
      9: $20000, $30200, $54000
      10: $30200, $50000, $95000
      11: $50000, $95000, $175000

      Base pay:
      5: $67.6k to $101.2k
      6: $76.1k to $121.5k
      7: $87.1k to $144.1k
      8: $100.5k to $166.3k
      9: $117.7k to $200.3k
      10: $135k to $236.4k
      11: $164.6k to $288k

      APB range:
      5: 1%
      6: 1%
      7: 2% to 4.5%
      8: 3% to 6.5%
      9: 4% to 10%
      10: 7% to 15%
      11: 11% to 19%
      7d
    • Intel / EngxdCS17
      Wow thanks for the ranges, real useful.
      To add to this, to calculate TC, add about 10% base for quarterly bonus. Then add annual bonus (APB% * base * 3).

      I calculated a ~upper-middle TC below:
      5: $102,983
      6: $122,543
      7: $151,618
      8: $183,508
      9: $229,999
      10: $300,565
      11: $428,317

      TC is not bad for a low cost geo like AZ or OR. Issue is that Intel does not scale cost of living correctly to Bay Area locality, where you'd need at least +$70k.
      7d
    • Intel tcompVP
      Your calculated G7,8 & 9 are pretty spot on for midpoint I think.
      6d
    • Intel MurphysLaw
      Not at all. I am at 220k G8 and not in the upper quarter
      6d
    • Intel / EngxdCS17
      Which city?
      6d
    • Intel MurphysLaw
      Austin
      6d
    • Intel tcompVP
      I just put all the numbers in for mid pojnt of g9 using pay tool and it’s 240.2k. Mid Base, mid APB target, mid RSU, and QPB of 18 days.

      So I think his calculated numbers are maybe 5% below midpoint.
      5d
    • Intel / EngxdCS17
      Well, mid RSU is not SL2, it is SL3, which is the first column in the list. I forget the % but by far most people get SL3.
      5d
  • Apple
    TurnTheTbl

    Apple

    PRE
    Microsoft
    TurnTheTblmore
    @intel guys, how do you guys survive in Bay Area with this pay ?
    Nov 303
    • Intel / Engpleb
      They give us free bananas.
      Nov 30
    • Synopsys sw100
      People in HW and EDA will have to work soon as Uber drivers in the evening in Bay Area to survive. They don't have a choice, many on L1 slavery visa, or not capable to pass coding interview
      Nov 30
    • Intel / Engpleb
      Problem is that you can't even do Uber on L1. Truly a slavery visa.

      One time my Uber was SWE at Tesla. I was surprised. I thought they pay decently.
      Nov 30
  • Sorry dude, Intel pays shit. That's how it is and how it always has been and always will be.
    Nov 300
  • OpenTable Meliodas
    We made the summer intern a G7 offer.
    Nov 300
  • Broadcom Ltd. / Eng
    headbanger

    Broadcom Ltd.Eng

    PRE
    Intel, Broadcom Ltd.
    headbangermore
    That is a horrible offer for Bay Area. Do you need an H1B transfer or something? Because only something like H1B could explain the lowballing. And if you’re willing to move to Bay Area, why not apply for Apple, Google, Microsoft, Facebook or Amazon? They have HW jobs too. I wish I could move to Bay Area or to Austin but I had to move east coast to be closer to my family. Here’s the Intel offer I took in Boston a few months ago:
    MSCE, 18 YOE, Grade 9:
    Base: 170K
    Annual bonus: 15% of base, give or take 3%
    Quarterly bonus total: 10% of base, give or take 2%
    RSU: 50K over 4 years
    Sign-on: 35K

    I am still not fully happy with it and I am hoping I can join Amazon in Boston in a year or two.
    Dec 15
    • Intel 220TC10YOE
      This is not high for G9
      Dec 1
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd.Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      It is at the low end of the G9 range you yourself mentioned earlier (excluding sign-on because it’s only for the first year). Don’t forget there’s no GEO for Hudson, MA.
      And I am assuming you take into account the bonuses and RSU when you calculate the TC as you’re supposed to.
      Dec 1
    • Intel 220TC10YOE
      Good luck man
      Dec 1
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd.Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      Good luck with what?! I am already at Intel and that’s considered being unlucky 😂
      Dec 1
    • Intel 220TC10YOE
      No. I like it a lot. Dont fall for the nonsense on this forum.
      Dec 1
  • Intel beekay
    Master new grad join at g5. With 9yoe g7-g8 seems reasonable. G7 has 13% geo which gets added to base and bonus. In addition you will get 10k-20k rsu each year. Also 5% retirement contribution. In the end your TC looks like around 170k - 180k which is very reasonable for g7. I would think your interview didn't go as well to be offered g7 instead of g8.
    Dec 11
    • Intel x86dude
      At last a reasonable answer...rather than all the defeatist babble of the non-fang qualified rejects
      Dec 6
  • Cadence cad29
    Omg.. DECLINE!!
    Nov 300
  • Apple
    Tomkick

    Apple

    PRE
    LinkedIn
    Tomkickmore
    Intel is giving Oregon salary to Bay Area folks 🤞
    Nov 302
    • Microchip
      FupJ42

      Microchip

      PRE
      GlobalFoundries, AMD, STMicroelectronics
      FupJ42more
      OP
      How is the compensation for HW roles for 9 yoe at Apple in Bay Area?
      Nov 30
    • Amazon / EngYolo!
      At least 200k+ anything below is a rip off for 9 YOE for Bay Area. You’ll feel miserable about yourself with the cost of living here
      Nov 30
  • Intel / EngSamaritan
    Decline, no brainer. You should get a G8 with TC 200k+ at SC. This offer is humiliating.
    Nov 300
  • Intel wxUq38
    This is low for bay area. But this base pay is correct for grade 7 at Intel. Can you negotiate for higher pay.
    4d0
  • Intel cq_intel
    Not sure how you can guarantee get 10 to 20k RSU per ur. It all depends. 132k with 9 yrs experience is low. TC would probably be 160k.
    Dec 80
  • Microchip
    FupJ42

    Microchip

    PRE
    GlobalFoundries, AMD, STMicroelectronics
    FupJ42more
    OP
    Thanks for the advice!
    Nov 300
  • Intel #IronMan
    This is very bad offer, ask for 125K base + 13% Geo(high cost of living).
    Quarterly Bonus is good but it depends on company performance. It will be more than 7K for sure if company does well
    You will also get Annual Performance Bonus again depending on company performance.
    Ask for joining RSU
    Nov 300

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