Is facebook comp going down?

NASA Sybil
Oct 13, 2018 20 Comments

I recently received a FB internship offer and am currently deciding between offers + interviewing with other places. However, there were a couple things I noticed

(1) Intern offer didn't increase from the previous year (not rly that important tbh)
(2) I'd be going to FB for the return offer. However, after following a lot of new grad salary posts and threads, I feel like the comp for new grad returning interns aren't as great as they used to be. There used to be 100K signing and 220K stock rockstar offers floating around online but I feel like I haven't seen anyone with those dope offers anymore.

I read somewhere from another commenter + I also suspect maybe this is because FB isn't doing so well recently financially? What do you guys think about this and well FB recover and bounce back? Should I take the FB offer or should I go elsewhere?

Note that I definitely don't know that much about Facebook rn as I am not an insider, a lot of this is from word of mouth + speculation, so some insider insight would be nice.

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TOP 20 Comments
  • Facebook / Eng checkinout
    "FB isn't doing so well recently financially"

    Lol
    Oct 13, 2018 11
    • Facebook / Eng checkinout
      That's not exclusive to Facebook. Also, why are you talking about "ifs". We're talking about current financials.
      Oct 13, 2018
    • Citibank / Eng TQtT37
      I specifically said “tech”. And I’m talking about future financials.
      Oct 13, 2018
    • Facebook / Eng checkinout
      Wow, such an amazing analysis. Sounds like it'll certainly happen!

      I wonder if Facbook is incompetent enough that we'll get a government bailout :)
      Oct 13, 2018
    • Citibank / Eng TQtT37
      Incompetent enough yes, bailout no.
      Oct 13, 2018
    • Facebook / Eng checkinout
      Thanks! I'll trust you since you would definitely be in the position to know.
      Oct 13, 2018
    • Citibank / Eng TQtT37
      I would consider myself a subject matter expert, true.
      Oct 13, 2018
    • Facebook / Eng checkinout
      Employees of Citigroup are experts on incompetence and bailouts? Lmfao
      Oct 13, 2018
    • Citibank / Eng TQtT37
      Definitely. Which makes it easier to spot it. Tech is in the crosshairs and will soon be punished by the markets. What happened last week was a slight tremor.
      Oct 13, 2018
    • Facebook / Eng checkinout
      No it wouldn't, it would make it harder to spot. Because you're incompetent.
      Oct 13, 2018
    • Citibank / Eng TQtT37
      Thanks for making my point. It’s so obvious.
      Oct 13, 2018
  • New EVlp62
    Use FB offer to get better offer somewhere else
    Oct 13, 2018 0
  • Citibank / Eng TQtT37
    Take out the word comp and it will be a better question.
    Oct 13, 2018 0
  • Facebook Ghdscg
    If someone is paying you more, go for it
    Oct 13, 2018 0
  • Microsoft jazzer
    I’ve seen new grad offers of 200k stock/100k bonus on blind itself from Fb
    Oct 13, 2018 0
  • New UIXd00
    If you actually want to validate your Facebook financials statement go read their latest 10Q filing for the SEC.
    Oct 14, 2018 1
    • Facebook Tdufjui
      Don't want to get into a debate but I use Free Cash Flow for investment analysis.

      Google had FCF of about 20 billion over last year. FB had $17b. Google has 90k employees. FB at 30k employees including a lot of moderators who are lower paid.

      Anyway, compensation has not gone down. In fact this is a great time to get the large initial stock grant.
      Oct 15, 2018
  • Facebook IFGn52
    The 100k sign on, 220k stock offers are definitely still available
    Oct 15, 2018 0
  • Facebook fhnB66
    No it's still the same right now. FB is still very profitable per employee than other techs.

    If tech stocks or market crash there will be implications. And offers will probably go down everywhere including FB. That's just market dynamics.
    Oct 13, 2018 0

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