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!
Very bad. Do yourself a favor and stay away from Intel.
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
Thanks for the advice!
Omg.. DECLINE!!
Decline, even poor EDA industry pays more. Better switch to SW company, HW is done regardless if it's Intel, Nvidia, Arm, or Amd
Decline, no brainer. You should get a G8 with TC 200k+ at SC. This offer is humiliating.
We made the summer intern a G7 offer.
Decline it, that’s like new grad salary with 0 years exp at Amazon and prepare to interview at Amazon Lab126