My turn to get lowballed by Qualcomm
Currently grade 9 at Intel and TC is $240K. Job is HW DV (SV/UVM). 18 YOE with masters. And location is east coast, Massachusetts where I currently work and live.
Qualcomm offer after rejecting the first one:
RSU: $75K over 3 years
Sign-on bonus: $35K
Retention bonus: $15K
Recruiter says annual cash bonus is 15% (which I highly doubt but let’s use that for the high end TC calculations)
So without the one time bonuses their TC is $220K which is a pay cut. With the one time bonuses it’s $270K but don’t forget there’s no RSU for the first year. So the actual first year TC is $245K.
What do you all think? All I know is I’m not taking a pay cut even though Intel sucks. I’m willing to walk away. Should I send the rejection by email or should I tell the recruiter over the phone?