PayPal Manager-2 offer and company review

Salesforce geekynerd
Apr 13, 2018 24 Comments

Hi,

Folks at PayPal and others with relevant info, can you please share your thoughts on the following offer?

Role is at Manager-2 level (work similar to product mgmt)

Offer: 160K base + 80K RSUs (over 3 years) + 15% performance bonus +7.5K relo

Background: 8 years work exp, 6 years at top-tier consulting, MBA from a global top 25 college

One more thing - how long does it generally take to move from Manager-2 to Sr. Manager role?

Please also share your inputs on work culture and career growth at PayPal.

Based on my interview experience:

Pros:
Company is in growth mode (and not focused on cost-cutting)
Culture seemed collaborative and decently-paced (would not really call it fast-paced from bay area standards)
Stock price has done great over last one year - the move the "partnership strategy / platform focus" seems to be working well for them

Cons:
A lot of legacy code and architecture (technical debt)
Slow to adapt new tech
There have been a lot of re-org recently

comments

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TOP 24 Comments
  • PayPal plaJ88
    Btw, remember RSUs are 3 year vests at Paypal
    Apr 13, 2018 2
    • Google / Eng bhenchod
      Protip: you can reply to your own comment instead of blowing up the comments section
      Apr 13, 2018
    • PayPal plaJ88
      :-). Point taken!
      Apr 14, 2018
  • PayPal / Eng
    OnnC18

    PayPal Eng

    PRE
    Intel
    OnnC18more
    Is this engineering manager or product manager role ??
    Apr 13, 2018 7
    • PayPal / Eng
      OnnC18

      PayPal Eng

      PRE
      Intel
      OnnC18more
      Frankly your offer is equivalent to some MTS1 engineer which is like 2 levels below you.. Your base should ideally be above 200k ..
      Apr 13, 2018
    • PayPal Bulldoze!
      PayPal Manager - 2 is one level above MTS-1 not two levels.
      Apr 13, 2018
    • Uber BlueApron
      Is this L27 or L26 ?
      Apr 13, 2018
    • Salesforce geekynerd
      OP
      80k worth of RSU
      Apr 13, 2018
    • PayPal / Eng Prodo
      L26
      Apr 15, 2018
  • Salesforce geekynerd
    OP
    Its for level 26; it is a people management role
    The role is a mix of product and technology; I was tested on algorithms and coding (though not deeply)
    8 years work exp includes the 6 years of consulting (not IT consulting)

    More questions:-
    Can anyone talk about work culture and career growth at paypal?
    If the offer is not reasonable, what should i be asking for? Generally, what are the RSUs at this level?
    Apr 13, 2018 1
    • PayPal / Eng Prodo
      Culture depends on your org and team but in general the culture is pretty good... typical bay area kind of company with lots of freedom and decent perks. Don't compare with FAANG companies both in terms of pay and perks.

      The vision is clear for the near future & is focusing to expand so there is good chance for you to grow.
      Apr 15, 2018
  • Uber BlueApron
    True this is a very generous l26 offer
    Apr 15, 2018 0
  • PayPal Bulldoze!
    Since it’s prod manager kind of role, I think the offer is ok. For SE Manager 2, that would be shitty offer.
    Apr 13, 2018 2
    • Google / Eng bhenchod
      Ah that makes sense. That's why I was wondering my OP was talking about consulting experience (that's usually looked down upon for EM gigs).

      Agreed, it's a terrible offer (esp the RSUs)
      Apr 13, 2018
    • PayPal Bulldoze!
      Yeah RSUs part is pathetic!
      Apr 13, 2018
  • PayPal UWBr03
    You should ask for 180k base plus > 100k worth of RSU. Paypal is a great company to work with. Although the experience might vary from group2group.
    Apr 14, 2018 1
    • PayPal / Eng Prodo
      IMHO That's on a high end for T26 so unless the candidate does extremely well and ideally should have been T27 it's difficult to get such TC at PP
      Apr 15, 2018
  • Cisco lEcG86
    How are you going to address the slow to adapt to new tech?
    Apr 13, 2018 1
    • KPMG
      WaitGame

      KPMG

      PRE
      Deloitte, Accenture
      WaitGamemore
      Leave him alone..he's done interviewing...already has an offer 🤣
      Apr 13, 2018
  • PayPal plaJ88
    On your offer — it’s a low 26 offer. Not the best, but decent. Did it meet your expectations?
    Apr 13, 2018 0
  • PayPal plaJ88
    Work culture — depends on the team. Which team are you going to? What do you mean by growth — technical, managerial, t-levels or maturity?
    Apr 13, 2018 0
  • Google / Eng bhenchod
    What's 6yrs at top tier consulting? Management consulting? Accenture type IT consulting? Is that on top of your 8yrs of experience?
    Apr 13, 2018 0