Netflix offer review
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
not worth it. Only 50k more and you are going into totally different culture.
Why do you need more money? Why are you considering such a tiny increase? You should be asking above $500k
+1
Cost of living increase is roughly 30-35% so the pay increase needs to be at least that.
given you are making 350 in seattle definitely it is not worth. may i know your current position in Amazon and overall years of experience?
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.
$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.
how much 8+ yoe guy can expect? 400 is definitely not top of the market in know Lnkd pays more for good staff engineers. Also do you have any bonus or yearly bump how much it will be ?
Thanks NFLXnChill. I have 6 YOE and the role is a backend one. How are the annual raises at Netflix on average?
Los Gatos is expensive yo. 2-3x Seattle cost of living if you want to own a home. Even if you live cheaply nearby LG, it’s still a 2x cost of living and then there’s income tax. Bottom line is nobody pays to offset cost of living here. This move won’t be about money. It’ll be about working for the Netflix culture.
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.
You’re 350 in Seattle now?
Yes
I think he’s counting his stocks appreciation in TC