OCI IC4 Offer

Microsoft jj24x7
May 3 39 Comments

Current Comp
205k /60/40 (base/stocks/bonus)- assuming hitting the target at 100% of l65.
Not counting benefits.
yoe 12

Oci offer
Ic4
Base 190k
RSU 12k - considering stocks at 55 - 660k over 4 years
Signing bonus 25k
Tc not including signing bonus - 355

Am I being lowballed? How much can be the negotiation room?

comments

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TOP 39 Comments
  • Oracle Twirl16531
    For the love of God do not join OCI from MSFT.
    May 3 1
  • Oracle k-9
    Say no to DRUGS, say no to OCI
    May 3 1
    • Oracle / Eng iblv
      It's just crazy that folks want to join OCI for money

      If i would have know oci state i would hv never joined. Sadly, I didn't know about blind then. Sigh!
      May 3
  • Oracle fiasco
    Quite a lot of OCI haters within OCI. :(

    My first year experience here is good, not great due to some poor decisions from upper management. However, I chose here to learn and the growth opportunity is promising at the moment as well.
    May 4 3
    • Oracle / Eng iblv
      What kind of growth opportunity , dude?
      How much has your TC increased?
      May 4
    • Oracle fiasco
      I got a chance to decide how the product should look like in the next few years.

      TC hasn’t changed yet since I joined. But pretty optimistic on the upcoming increase in June. Most company compensates top 20% well.
      May 5
    • Oracle / Eng iblv
      If you were not compensated before you are not in top 20%. How many years have you been with OCI?

      Lets wait for review cycle and then report back.
      May 5
  • This comment was deleted by original commenter.

    • Microsoft jj24x7
      OP
      What I hear is There is almost surety of no reviews
      May 4
    • Oracle / Eng iblv
      Don't listen to this dude. Catch is *it can*. This guy makes hell lot of money at Oci, so is in the top 1% , so obv his TC wil keep increasing.

      Also, you have to consistently get 4 rating and also depends on the team. Some folks like this dude have visibility with the higher management and that helps them too.

      I can assure you there was no salary raise in 2018 for 90% of us. Yes, few got miniscule refreshers. Don't fall into this trap. Money you get when you join is alk you get at OCI for most folks unless you are a rockstar performer. Think twice!

      Also, similar to other companies there is dirty politics. But office politics exists everywhere.
      May 4
  • Microsoft Mmm'kay
    Probably considering one of my friends got 310K recently for senior mts
    May 3 4
    • Microsoft jj24x7
      OP
      So if it gets bumped up to 400+ is it still worth it ?
      May 3
    • Microsoft Mmm'kay
      Personally I didn't like the atmosphere there or the people who interviewed me to justify the uncertainty and the headache of a really long commute if I were to join.
      May 3
    • Microsoft jj24x7
      OP
      Thanks for sharing your perspective what level and tc was your offer for?
      May 3
    • Microsoft Mmm'kay
      My perspective was based on my interview (IC4) experience. Haven't gotten so far as an offer yet :)
      May 3
  • Oracle Sparty
    That’s a pretty good offer, though not top end for IC4. Base can go slightly higher, and small movement on stock (12.5k units maybe). Signing can also go up, though not by a lot so maybe not worth pushing it. Overall a decent though not amazing offer.
    May 3 8
    • Oracle / Eng iblv
      No. No growth and your compensation will hardly increase.

      No bonus or pay raise. Refreshers not great if you are lucky to get it. They didn't give any raise in 2018 and no clue this year and its already May. Also, be prepared for lot of reorgs.
      May 3
    • Microsoft jj24x7
      OP
      Thanks iblv- which means I will be looking to move again within the next year if I join. Also I was not sure about l65 to ic4 downgrade
      May 3
    • Oracle / Eng iblv
      So don't ask lot of sign on as you hv to give it back. Yearly vesting so you hv to plan to leave around year end else you lose RSUs.
      May 3
    • Oracle / Eng iblv
      Its better to take other offers if you have them.
      May 3
    • Microsoft jj24x7
      OP
      Thanks! Whats your current level if u don’t mind me asking
      May 3
  • Nvidia nvai
    Which company is OCI ?
    May 3 4
    • Oracle pzd
      Oracle Cloud Initiative
      May 4
    • Oracle / Eng iblv
      Lol. Its Oracle cloud infrastructure
      May 4
    • Oracle pzd
      Ok
      May 4
    • NetApp @ntap
      You are from oracle and dont know whats oci.. Shame on you
      May 5
  • Oracle JeffBiscof
    Location ?
    May 3 1
    • Microsoft jj24x7
      OP
      Seattle
      May 4
  • Oracle builter
    You can do 425k
    May 3 1
    • Oracle builter
      Without counting the sign on bonus
      May 3
  • Oracle / Eng iblv
    Yoe?
    May 3 1
    • Microsoft jj24x7
      OP
      Added
      May 3
  • Oracle cutesi
    Not an amazing offer
    May 3 0
  • Oracle dgIL42
    Very good offer 👌
    May 3 0
  • Amazon nonfang
    Really nice offer. I believe you hit the top of range.
    May 3 0
  • Arista Networks unVS80
    When did you interview? Isn’t there a hiring freeze going on right now?
    May 3 0