1. 4 YOE, non FAANG,
2. Current TC < 100k
3. I did well on interviews, but have no competing offers.
4. Matched with 2 teams in about 2 weeks on Bay Area.
5. Got an L4 offer for 260k.
6. Levels.fyi says 272k is average for 4 Yoe in CA
I said I was ready to sign immediately for 265k, they said no - nothing extra without a competing offer. They are my top choice and I don't want to be unable to get more matches.
I'm interviewing elsewhere (they were my first onsite - rookie mistake, I know), but no offers yet.
What should I do, and why?
1. 4 YOE, non FAANG,
- Expedia Group / Product produxtBrahyou literally make less than 100k and are asking about being low balled on 260
- If a company has literally told you "nothing extra without a competing offer" then that tells how that company treats it's employees. Just saying.
- It’s business after all. Your market value is equal to the highest offer you can get. To get the highest offer, you need competing offers. No company will give you top of the band pay if you don’t have leverage in the negotiations. What is so strange about this? It’s capitalism.Sep 11 6
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- Given your entire description, and assuming there's a 1-2 week deadline for the offer, I would personally accept it (leaving Google in a few weeks, so no bias there).
I had a similar experience before accepting my Stripe offer (they wouldn't budge on a small increase in sign on), and that threw me off (why would they be so petty over such a small increase?). Ultimately, it seems to be company policy, and there's not much the individual recruiter can do, especially for us lowly L4s.
But, depending on how you included the sign on bonus, the comp does seem a bit on the low side. However, money isn't everything, and if you like the team and can live with $265k, why not accept $260k now.
Once you have Google on your resume, it'll be very easy to get other interviews and better offers in the future.
So let bygones be bygones, accept now and see where you stand in 2 years :).
- Verizon QusA00You are an idiot if you are only turning down for 5k. That is less than 100$ a week
- I completely agree with you. Take the max they can give right now I.e 265k. Keep interviewing and jump ship for 300k+ when it happens. Make sure you invest a large portion of your salary in low cost index funds every week. I recommend dollar cost averaging on a weekly basis. Aggressively interview at all the top companies and negotiate hard to make the most money you can.
- Take the offer and upgrade your life from 100k to 265k tc. Keep interviewing on the side and as soon as you get a higher offer elsewhere, leave. Even if it means leaving after a few days of joining google, do it. You have a short life. Don’t leave money on the table ever.
- It's possible that you're optimizing for short term gain at the expense of long term gain. If you don't stay at a firm long enough, you won't get enough experience to rise up the ranks and get leadership experience.
I have no insight into your particular case, but a lot of people would be wary of hiring someone who can't stay longer than a year into more senior positions
- Fyi - even if you get a competing offer they wont match it unless its FB. All others, they’ll take and lower the number by 10-20%. And they ask for proof. Just had this happen to me and they took adv of the fact my other offer involved a 2hr commute. Decided to give them a chance cuz of RSU refresher and the rep they have with treating their employees. Giving them 4yrs, if it doesnt go well then at least its much easier to bail given the brand name on resume.
- Google / Eng dogfoodieIt's a solid offer for your YOE and no competing offer. It's understandable coming from a lower TC that 5K seems like a lot. But in the larger picture of your overall career going forward, it's really inconsequential. If G is where you want to be, take the opportunity. You can always chase a higher TC in a couple years if that's what you really want to do.
- ? By the looks of it you have no reason to raise the offer’s value aside from what other people reported on levels.fyi and their total average. Hey buddy it’s not like all L4 candidates are equal. The higher end of that average were prob people with competing offers. You on the hand seem to have nothing aside from an ego to meet this average. Literally nobody will care about the missing 10k.
- People seem to have lost track of the poll. It's not about the extra $5k per year, it's - should I interview elsewhere to get competing offers and risk losing my team matches? If I spend enough time I don't see why I couldn't get competing offers and go way up!
And after this poll I've decided to reduce my risk tolerance and not lose my team match.Sep 14 0