Netflix offer review

Amazon AMZN$
Aug 31, 2018 54 Comments

Got an offer from Netflix. 400K. Current TC at Amazon is ~ 350K.

Is it a good offer considering the cost of living difference between Seattle and the Bay Area. Also, I have upcoming interviews at other FANG, Uber, Lyft, Airbnb.

Should I wait for the results or take Netflix or stay at Amazon?

Edit: YOE: 6

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TOP 54 Comments
  • Netflix / Eng NFLXnChill
    $400k is more than median pay for senior software engineers here, without knowing more about your domain, current level at AMZN and YOE, it’s hard to say. Netflix makes an offer based on your market value for the skills you have, and doesn’t negotiate much. It’s mostly take it or leave it, unless you have some special skill.

    Also, Amazon employees total comp is increased because of stock growth mostly. I have seen Google and FB hardly matching existing Amazon top performers, when they try to move. Again, this is based on my limited dataset.
    Aug 31, 2018 10
    • LinkedIn dhjk
      but ya Lnkd Staff, FB E5 will beat as you already have a counter
      Aug 31, 2018
    • eBay wjfufhfe
      @netflixnchill So Netflix never negotiates?
      Aug 31, 2018
    • Netflix / Eng NFLXnChill
      I don’t know that, every hiring manager has freedom to decide what they want to pay. In my experience, I haven’t heard anyone successfully negotiating with Netflix
      Aug 31, 2018
    • Netflix cKiM08
      Yeah. It really isn't a negotiation if I understand correctly. You can provide new data that either proves our internal research wrong about your individual market, or you provide data that shows we have your market wrong, as in you have skills to suggest we should adjust comp accordingly.
      Aug 31, 2018
    • eBay wjfufhfe
      Another question... how long is the Netflix offer valid for?
      Aug 31, 2018
  • Facebook Veal
    It depends. If you are coming up on a cliff with a drop, namely 350k TC with a 100k drop, it's is a different discussion vs. 350k TC with no drop.
    Aug 31, 2018 3
    • Amazon AMZN$
      OP
      I’d have a similar TC this year and the next, but in 2020, almost all amazon employees will have a drop unless the stock doubles again, which would be very hard even given our recent growth
      Aug 31, 2018
    • Microsoft MsftZune
      Just get more refreshers
      Aug 31, 2018
    • Facebook Veal
      Not all. It all depends on when someone joined. You're in year 3, which means you'll see the most $$ this year and next. Have Netflix make up for the lost stock and time when you leave AMZ, to make the most $$.
      Aug 31, 2018
  • Microsoft TellMyWifi
    Cost of living increase is roughly 30-35% so the pay increase needs to be at least that.
    Aug 31, 2018 0
  • Microsoft Jim Raynor
    Why do you need more money? Why are you considering such a tiny increase? You should be asking above $500k
    Aug 31, 2018 0
  • Netflix / Eng 3ngin33r
    You should think about your comp, but at the same time also value the cultural differences between companies.

    I used to be at another FANG company before Netflix. It has been a night and day change for me. I like the environment here quite a bit. Also my TC has grown dramatically over time. It has helped that when I joined the stock was ~250$
    Sep 1, 2018 3
    • LinkedIn dhri
      how hard is it to survive? i heard they fire ppl immediately without giving them chances. given that condition don't you feel the pressure?
      Sep 1, 2018
    • Netflix / Eng 3ngin33r
      There isn’t any pressure at all. It’s all created by folks who have never worked at here. Put yourself in the shoes of the company/manager, why would you fire anyone if you can invest and grow them. It is not easy to find talented people to begin with
      Sep 1, 2018
    • Netflix txLx48
      +1. Everybody that I know who has been fired was given a chance.
      Sep 2, 2018
  • Netflix / Eng Yggsy
    Similar to most of the comment above, you should compare $400 with your target comp and not your current TC.

    Congratulate on having a great TC currently, but keep in mind that what you’re seeing is due to stock appreciation. The $400 at Netflix is guaranteed minimum TC for each year. You can also invest in stock options and make more due to NFLX stock growth.

    Also, $400 for 6 YOE is not low by any means. I was on a similar boat and joined a few months back at $375k. Ping me separately if you want to chat more.

    I’ll suggest approaching negotiation very carefully and thoughtfully.
    Sep 1, 2018 0
  • Uber wVFd68
    not worth it. Only 50k more and you are going into totally different culture.
    Aug 31, 2018 0
  • Netflix FQKW54
    I would think about what you’re optimizing for big picture. State taxes and housing are different, so there’s no getting around that if you want to move. But I’ve seen Netflix career and income trajectory be very competitive, with less leveling / ceilings than some of these bigger companies. I would spend more time thinking about where you want to work and live. You will be paid well at most of these companies. Where will you be able to use your skill set and learn the most? That then translates back to your marketability long term too.

    Would also note that many employees do not live in Los Gatos proper — lot of other neighborhoods to explore.
    Sep 1, 2018 1
    • Amazon AMZN$
      OP
      I’m leaning towards Netflix for the reason of career trajectory. It’s becoming increasingly hard at Amazon to work on interesting projects
      Sep 5, 2018
  • Apple Iwkq80
    I think you should really evaluate non-appreciation based TC. Netflix isn’t effectively going to be less TC based on their stock performance. So if you exclude appreciation, it’s 400 vs ? I think this is a more accurate comparison.

    Now, most other people are right. Los Gatos is a very expensive area. Something to keep in mind
    Aug 31, 2018 0
  • Microsoft newfy
    40k of that bump alone will be eaten up by the CA state income tax
    Aug 31, 2018 0
  • Amazon BrookApple
    50k increase to move from Seattle to Bay Area is not worth it unless you really like the job or want to get more sun.
    Aug 31, 2018 0
  • BlackRock / Eng Daarkar
    Congrats, what tech stack do you work on at Amazon, also how was interview ? Leetcode Hard ?? Thanks
    Aug 31, 2018 6
    • Amazon Xode
      L5 at amazon ?
      Aug 31, 2018
    • Amazon AMZN$
      OP
      L6
      Aug 31, 2018
    • BlackRock / Eng Daarkar
      @Amzn$ thank you so much
      Aug 31, 2018
    • LinkedIn dhri
      L6 = SDE3 ?
      Sep 1, 2018
    • Amazon Xode
      Yes
      Sep 1, 2018
  • PayPal / Mgmt
    Tickle

    PayPal Mgmt

    PRE
    eBay
    Ticklemore
    You’re 350 in Seattle now?
    Aug 31, 2018 2
    • Amazon AMZN$
      OP
      Yes
      Aug 31, 2018
    • Amazon Gjdyveycc4
      I think he’s counting his stocks appreciation in TC
      Aug 31, 2018
  • Microsoft DOyu71
    30% different cost of living/taxes, I wouldnt even consider changing unless you get 450+ unless your changing for other reasons.
    Aug 31, 2018 1
    • Netflix / Eng Yggsy
      Getting a 450k offer with 6yoe is tough
      Sep 1, 2018
  • eBay wjfufhfe
    How long is the Netflix offer valid for? Will they wait until you finish n get offers from other FANGs?
    Aug 31, 2018 2
    • Amazon AMZN$
      OP
      Good question, I don’t know how long the offer is valid for. Maybe worth exploring
      Aug 31, 2018
    • Netflix yesottoman
      no standard answer. HM decides. It is invalid the moment you decline and HM will start search ASAP.
      Sep 1, 2018
  • Netflix kraftwerk
    I would say it is worth staying at Amazon as L6 for several reasons:
    Comp in your case is higher.
    As L6 you have a lot more degrees of freedom when it comes to internal transfer or choosing your projects.
    As L6 you get to lead other engineers and work on your leadership skills - at Netflix you will be heavily and deep in the trenches, often working alone.
    Stability - being piped as L6 SDE, imho, is less likely than getting fired from Nflx.
    Sep 4, 2018 1
    • Amazon AMZN$
      OP
      Thanks for the insight!
      Sep 5, 2018
  • Amazon Xode
    When is your initial vest ends ? How much will your TC at amazon look like ?

    If 400 is consistent for few years then I see no benefit in switching. 50 K increase after tax cut will hardly make any difference and yes you are definitely going to pay more in living expenses
    Aug 31, 2018 1
    • Amazon AMZN$
      OP
      Target comp is ~300K. Assuming I don’t get anymore stocks for 2020 and the stock price remains the same, this is what I’d be making
      Aug 31, 2018
  • New 500k
    Which team? This seems very low
    Aug 31, 2018 1
    • Amazon AMZN$
      OP
      What’s the range?
      Aug 31, 2018
  • Amazon / Eng redshift
    @OP what did you end up choosing?
    May 30 0
  • Facebook / Eng 5'6"Indian
    Congrats. Wait for results.
    Aug 31, 2018 0