Please help me understand my offer.

Microsoft / Eng rRUE50
May 8, 2018 13 Comments

This offer is based at Uber India, so I understand some of the things may not be the same but want to listen to people.

1. How likely it is to hit 200 percent target cash bonus? What is the usual percentages and distribution of people in bonus ranges.?
2. Is their a 200 percent target for stocks also?
3. I have been given rsu's at 33.6 dollar price. Is that a fair price? How likely it is going to increase.
4. How is the salary raise. This might be different for India.

comments

Want to comment? LOG IN or SIGN UP
TOP 13 Comments
  • Snapchat mehmet
    Congrats and thanks for being polite. It’s rare in this egotistical hellhole. I hope you get your answers
    May 8, 2018 0
  • Uber LeftyKnox
    1. 200% target likelihood.
    Very low. Just assume 100% target is the average, and 200% is the top performer.

    2. 200% stocks too.
    Yes, cash and stock are given at bonus time (e.g. $10,000 bonus, then $8,000 will be in unvested RSU, and $2000 in cash

    3. $33.6 stock price going up.
    Maybe. If I knew the answer, I'd be a rich man.

    4. Salary raises.
    Cost of living raise in US is 3%. Promotion raises vary by performance and role jump.
    May 8, 2018 2
    • Uber Raw raw
      Point 2 is outdated. We now have separate targets for cash and stock
      May 9, 2018
    • Uber Uhwsgu
      1. Extremely unlikely. 1%-3% ppl at that range. Especially at senior roles
      2. Cash and stocks are decoupled. Stock ll not b 2x in any scenario
      3. That's the recent value.. I think its a good point to get in.. Will defi b way higher than this very soon
      4. 11% annual. But u should consider much higher inflation and annual increase in cost of living as well
      May 14, 2018
  • Facebook blindacc
    Base salary and RSUs?
    May 9, 2018 0
  • Microsoft careerq
    Congrats.
    May 8, 2018 0
  • Uber Sr. Liane
    Please do NOT fall for high bonus BS. It’s the oldest tactic recruiters at Uber have been using, smart ones don’t fall for it. Just so you know, we’ve become socialist in our payouts. High performer or not, everyone takes home about the same bonus. Negotiate hard on stocks and cash in hand.
    May 11, 2018 5
    • Uber Uhwsgu
      Completely agree.. It's socialist where there is no financial benefit in working hard. No matter what u do everyone is paid essentially the same with very low variance.. For this reason not a lot of good talent is joining Uber in India
      May 14, 2018
    • Microsoft / Eng rRUE50
      OP
      That's sad to hear. I have been making 170 to 200 percent on my bonuses here at MS. That atleast is a partial motivating factor for working hard and smart.
      May 14, 2018
    • Uber Sr. Liane
      Of your annual package??
      May 14, 2018
    • Microsoft / Eng rRUE50
      OP
      10 percent of my base is target cash bonus range. I had 20 and 17 percent for the last 2 years.
      May 14, 2018
    • Microsoft / Eng rRUE50
      OP
      Stock refresher bonus is separate from this.
      May 14, 2018
  • Uber inhghske
    What position and how many stocks?
    May 8, 2018 0

Salary
Comparison

    Real time salary information from verified employees