Is this a good offer for Uber?

Neustar / Eng
Wxfj75

Neustar Eng

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Neustar
Wxfj75more
Jul 17, 2017 65 Comments

I'm 3yr exp working in a typical IT company in NoVA. Worked for another 2yr before grad school. Got an offer from Uber in SFO for SE II for 150k base + 5200 RSU + 40k annual paper money bonus which is projected as around $260k by recruiter. Accepted already but not totally positive. Is that a good offer?

Edit: Removed my current package to avoid comparison.

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TOP 65 Comments
  • Uber pPOP02
    Have to agree with fb2017 above. You got way more than your previous job. Should be happy, no?
    And that's a really good base for 3 years of exp.

    You can't always compare yourself with other people. There will always be someone with better offer than yours.
    Jul 17, 2017 3
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      Thanks. Just checking to come out of my negative thought. That helps. Also, I'm total 5yr exp.
      Jul 17, 2017
    • Oracle HairyLeson
      How much did he get in previous job? It goes removed
      Jul 17, 2017
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      100k in NoVA.
      Jul 17, 2017
  • Booz Allen Hamilton llllll
    I disagree with the sentiment of both comments above. OP is coming from a region where he is getting around market value. That does not mean it is equivalent to market value in SF or at Uber, in particular. I think it would be better to answer OP's question while ignoring comments about his/her current compensation.
    Jul 17, 2017 1
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      This is what I wanted to know.
      Jul 17, 2017
  • New Rfdw18
    What the heck is NoVA?
    Jul 18, 2017 2
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      Northern Virginia.
      Jul 18, 2017
    • Red Hat QmNn25
      The east coast valley. Home of the top richest counties in the USA.
      Aug 2, 2017
  • Amazon sfghjj
    More than money bigger wuestion will be whether you can live happily in uber for 4 yrs? I am really not sure that is case. Look at other threads about company culture.
    Jul 17, 2017 0
  • Google / Eng
    oj5koa

    Google Eng

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    Microsoft
    oj5koamore
    Why are you calling it paper money? If you are not willing to spend real money to buy Uber stock, then you probably don't believe in the company and shouldn't join
    Jul 18, 2017 3
    • Databricks databricks
      Uber offers Rsus. You don't need to buy the stock.
      Jul 18, 2017
    • American Express / Eng dxYg92
      Get off your high horse. That's a really glorified ideal for an employee. At the end of the day, any employee in a large company is just a labor commodity. No employee is obligated to buy the stock of their employer.
      Jul 21, 2017
    • Google / Eng
      oj5koa

      Google Eng

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      Microsoft
      oj5koamore
      🤦 It's an investment decision for yourself. Not glorified anything. Focus on reading comprehension
      Jul 27, 2017
  • That sounds reasonable as a base. Note that the bonus is not guaranteed. Also SFBA is staggeringly expensive.
    Jul 17, 2017 2
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      The SFBA cost of living is one of the reasons of me not being positive... Considering the extravagant life I've in NoVA
      Jul 17, 2017
    • Oracle / Eng
      tyxiba

      Oracle Eng

      PRE
      Deloitte, IBM
      BIO
      Client facing engineer here. I'm a people person I tell ya!
      tyxibamore
      My rent is 100 more here in SF vs what I was paying in DC last year. You can find a good spot once you get here and network.
      Jul 18, 2017
  • Facebook / Eng
    fb2017

    Facebook Eng

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    Google, Oracle
    BIO
    worked at Oracle, then Google, now Facebook.
    fb2017more
    you got doubled from your previous job. why not good?
    Jul 17, 2017 2
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      Because it majorly paper money. Also was wondering if it is in alignment with the company range.
      Jul 17, 2017
    • Pandora qwe1
      Because nova money is not the same as bay area money
      Jul 17, 2017
  • Oracle HairyLeson
    You could have definitely negotiated more RSUs. I saw a few offers with 13200 RSUs. One even got 24000. Base is decent for your experience level.
    Jul 17, 2017 7
    • Uber / Eng Gkf3qV
      There's no way you'd see that much RSU at Eng 2. Hairy failed to consider level in comparison.
      Jul 17, 2017
    • Uber / Eng uberpnw
      I am a HM, I can tell your comp is definitely within the range. Might get a bit higher RSU with strong compete offer
      Jul 18, 2017
    • Uber / Eng astrodog
      I got about 8000 RSUs as an eng 1 summer 2016, so higher was definitely possible
      Jul 18, 2017
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      @astrodog, Is it OK if I ask you what the base was. Also did you go from a Tier 1 company ?
      Jul 18, 2017
    • Uber / Eng astrodog
      My base is not great - 118k. I came from a fairly well known company that ipo'd a few years ago but not sure if it would be considered tier 1. I had strong counter offers.
      Jul 18, 2017
  • Uber GMie27
    Depends on who are you comparing with. Compared to who joined in late 2016 when the headcount is almost full, it's a fantastic package. Compared to who joined 4 years ago, the package is nothing because most of them had huge amount of options.
    Jul 17, 2017 1
    • Uber / Eng Gkf3qV
      Why on earth would you compare your package to years old packages? That doesn't make any sense.
      Jul 18, 2017
  • The time to join Uber is gone. That company will be dead soon.

    They are acting like nothing is wrong, but i would not stake my career on such a screwed up place.
    Jul 23, 2017 2
    • Jobcase / Eng
      itsmonday

      Jobcase Eng

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      jobcase
      itsmondaymore
      you may not like the company for many reasons, but Uber is not going away, I think.
      Jul 23, 2017
    • Uber / Eng bag
      No way it is dead. It allows millions of people to earn a livelihood.
      Jul 26, 2017
  • Uber / Other
    fjDlkAN7

    Uber Other

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    Google
    fjDlkAN7more
    This is above average base for eng 2 but a bit on the lower band for equity. I think this is a perfectly fair offer. There are many seniors making less base but have double the equity, so take that for what you will.

    Personally I think the higher base is more valuable since that will anchor you to better packages at your next company.
    Jul 17, 2017 1
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      I was offered 143k base + 6600 RSU or this. I did not play hard at all which made me settle for this.
      Jul 18, 2017
  • Apple AppleCuter
    Annual paper money is $260k that means 1M for 4 years right?
    Jul 17, 2017 1
    • Uber / Eng
      chuck-

      Uber Eng

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      Apple, Netflix, Microsoft
      chuck-more
      That is right ... it is possible but this is all paper money. Only way we would know is post IPO.
      Jul 17, 2017
  • Uber / Eng snapadeal
    Average offer but you wont be able to negotiate more if your previous job was around half
    Jul 18, 2017 4
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      I think that's unfair. Tbh I don't need to reveal my current salary.
      Jul 18, 2017
    • Uber / Eng snapadeal
      They have a way to know. They knew exactly what I was making when they pitched my offer.
      Jul 18, 2017
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      That's interesting. I wish I have a HR friend who can know salary of anyone ;)
      Jul 18, 2017
    • LegalMatch JSrPM
      They have no way of knowing your prior comp, how'd they?
      Oct 14, 2017
  • Google / Eng ae521
    I had comparable experience when I joined Google and still don't make nearly that much. Seems good to me.
    Jul 18, 2017 2
    • Oracle HairyLeson
      Can you share your offer and level?
      Jul 19, 2017
    • Google / Eng ae521
      Sure: L3. 115 base, 18% bonus, and some stock. Total 160k/y at time of offer.
      Jul 19, 2017
  • Jobcase / Eng
    itsmonday

    Jobcase Eng

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    jobcase
    itsmondaymore
    I think u will not regret it, given the number of years of experience I think this is a very good offer
    Jul 21, 2017 0
  • NetApp / Eng
    tj38

    NetApp Eng

    BIO
    Previously Sr Manager. Currently Principal Engineer
    tj38more
    A little low on equity a little high on cash. I'd characterize it as fair for effective 5 yrs experience. Cost of living is horrible in SF so it won't go far. Commuting via Caltrain or BART might help with that. Depends on the lifestyle you are after
    Jul 20, 2017 0
  • Uber / Eng dKGK54
    Welcome and uber needs good ppl to fill the whole lot of gaps. You wont regret.
    Jul 19, 2017 0
  • Roku / Eng
    bags

    Roku Eng

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    Amazon, Microsoft, gree
    bagsmore
    I've 6 year work experience and I was offered 150k base max and 500k in rsu which will be vested over 4 years. I ended up declining the offer as there are other companies which are offering higher base. I was sure I won't be staying at Uber for more than 4 years and it just didn't make sense to go for the paper money, specially if uber doesn't go ipo with in next 4 years. I was only trying to focus on negotiating for higher base salary and was told they could offer me up to a million dollars in rsu but can't increase the base. that was the deal breaker for me. 150k base is not bad. but it is not enough to be able to buy a house in next 2-3 years in SF if you are the only earner in the family. Rent is super high in SF. you'll end up making close to 7-8k per month after taxes and one third of it will be easily taken by rent.
    Jul 18, 2017 2
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      When was this offer made and for what position?
      Jul 18, 2017
    • Roku / Eng
      bags

      Roku Eng

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      bagsmore
      May 2017 for a sde position
      Jul 18, 2017
  • Oracle / Eng ClouDev
    What/Where is NoVa?
    Jul 26, 2017 1
    • Northern Virgina - it usually includes DC as part of this area
      Jul 26, 2017
  • Netflix / Eng looool
    That sounds terrible, if you can get a job at one of the giants
    Jul 18, 2017 1
    • Neustar / Eng
      Wxfj75

      Neustar Eng

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      OP
      Was this meant to be sarcastic?
      Jul 18, 2017