Asking this question for a friend who is being offered a IC3 position at OCI (cloud infrastructure) in Seattle office. What kind of compensation (base, rsu, bonus) should be expected? My friend is being asked to provide the compensation expectations. Also, how much is the annual refresh at OCI? Additional info: Graduating with MS with no prior “relevant” software work experience. Edit: In response to some of the comments about new grads not being offered IC3, My friend doesn’t have software experience, but has prior work experience in another technical field, so seems like that might have been taken into consideration for offering a IC3 position.
BS ic1, MS ic1, Phd ic2?
For those stating that IC3 is not offered to new grads, definitely incorrect. Perhaps not through traditional Oracle College Hire Program? But I've done technical phone screens for MS grads for IC3 positions. If someone has enough experience on their resume, they'll certainly be interviewed / considered for the position. Personally those I interviewed were right on the line of senior, but they all had a few years experience prior to receiving their MS.
Thanks UiDude, your response certainly reflects my friends situation. Do you have any insight on the compensation package?
I can't say for sure as I'm in HQ. I'm in one of the better compensated and I don't buy into the hype of OCI compensation being outrageously high (although it may be slightly higher). Like any top tech company, new hires adhere to a range. It will wildly depend on how much relevant coding experience your friend has. If they're considering him for IC3, then obviously his resume got him in the door. But he'll need to demonstrate IC3 level experience in the interview or they may bump the offer down to IC2, depending on the hiring manager and his reporting structure. I'm unfamiliar with OCI managers. I'd guesstimate a range of $130k - $180 for base since as you said you said your friend doesn't have a ton of relevant experience. Not sure about RSU's Your friend shouldn't lowball his offer, but be prepared to back that up.
PhD gets hired as IC3. Fresh grad.
Around 130-170k base, 4-6000 RSUs if he negotiates well. Entry level offers are also pretty decent at OCI.
The compensation is for new grad or IC-3 ?
I was offered 105k, 1,000 RSU/4 years, 5k sign on last year. I did not negotiate very well because I made the mistake of telling them my low TC of 92k on the east coast and that’s all they offered me and my other offer was in Baltimore for 115k. I was able to talk it up to 130k + 1,000 RSU/years but I didn’t want to look greedy asking for more RSUs and now I realize it doesn’t matter. I’ve been miserable after I found out on blind my TC should have been at least 200k (at least comparable to Amazon). The more fucked up thing is I got no raise, no refreshers and when I asked for a raise because I was underpaid, I was told to fuck off and accept it. Meanwhile management was real toxic and uncaring and my contributions as IC3 were constantly overshadowed by IC4s. It made me depressed for 6 months. IC5s act like they don’t care because they are just in their country club. Don’t make the mistake I did. You should at least ask for 150k + 5,000 RSUs + 25k+ sign on as IC3 in Seattle if not more. You need to ask high because you’ll never get a raise or bonus and will be overlooked for promotion. They rather hire new IC4s from outside of the company than promote IC3s. But really don’t join. Oracle doesn’t care for people’s career growth. I’ve been asking to switch teams for a year, had 6 managers in 20 months, and every manager says he’ll help me and he doesn’t and doesn’t even tell the next manager my career goals so i ask the same thing like a broken record every 3-4 months. But there’s a happy ending to all this. I got a new offer for almost 2x TC at a company that values its employees and doesn’t low ball them. Fuck Oracle and OCI. Yoe: now 5. Was hired when I had ~3.3 yrs.
Happy for you. Where are you now?
Wow that’s crazy, can you give some type of hint on what team you are on? That sounds like a horrible situation to be in. I’ve heard of IC5’s making 140k salary and shit RSU’s. I don’t understand why the pay here is all over the place (yes I’m also at Oracle). In general, I feel like they are trying to push out the IC4 and IC5’s that have zero impact, as I have one on my team. Completely useless!
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IC3 isn’t offered to new grads.
As mentioned, my friend doesn’t have software experience, but has prior work experience in another technical field, so maybe that is being taken into consideration.
Flipping burgers doesn't count.