Second guessing my offer

Jul 31 29 Comments

I recently accepted a new grad offer for Two Sigma (engineering). After seeing a few posts here about TS offers, I'm second guessing myself if I negotiated correctly.

The offer I negotiated up to is (ranges for pseudo-anonymity):

Base: 140-155k
Bonus: 80-90k (guaranteed first year)
Sign on: 90-105k

Also should I expect to negotiate a raise/promo after a year or so?

comments

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TOP 29 Comments
  • Microsoft MwzK56
    You’re getting TC of ~$230K plus a sign on bonus of $100K for a mighty 1.5 years of internship experience and you’re second guessing yourself? Kids these days!!
    Jul 31 0
  • Two Sigma blarh
    Is this a humble brag LOL like when kids in highschool were like "i did so bad on the exam i only got 97%!"
    Jul 31 0
  • Two Sigma XBit_63v
    Please tell me this is a joke. My offer was much shittier. What kind of competing offers did you have? Citadel and Jane Street?
    Jul 31 2
    • OP
      I had a returning intern offer from one of the two and that allowed to me negotiate the sign on bonus. Was your base and bonus roughly in the same ballpark?
      Jul 31
    • Two Sigma XBit_63v
      Everything except the base was like half yours. I had top tech competing offers but no finance competing offers.
      Jul 31
  • Two Sigma dsAgv5
    Looks about right to me, perhaps slightly on the higher side even
    Jul 31 9
    • Two Sigma XBit_63v
      Similar to OP's or mine?
      Aug 1
    • Two Sigma dsAgv5
      OP's
      Aug 1
    • Two Sigma XBit_63v
      Was that as a new grad? (No PhD)
      Aug 2
    • Two Sigma blarh
      Im assuming that op and ds are coming from grad programs.
      From everyone i talked to they dont budge on new undergrad base and guarenteed bonus (except that returning interns get a separate bonus).
      Aug 2
    • Two Sigma dsAgv5
      No PhD, my friend did a combined bachelor's/masters though
      Aug 2
  • Two Sigma / Eng mgre
    This is the top end new grad offer, what posts are you talking about?
    Jul 31 2
    • OP
      I saw this post
      https://us.teamblind.com/s/oqkiaaqG with a 400k TC for L5 and I'd assume L3/new grad would be at most ~100-150k off.
      Jul 31
    • Two Sigma / Eng mgre
      That's not how the industry works, take a look at levels.fyi for tech companies
      Jul 31
  • Google mcsqr
    Assuming you are coming in as level 2 SWE? That is a solid offer at that range. If you do well there is a lot of log-term upside. How many YoE?
    Jul 31 2
    • OP
      0 full time but about 1.5 years of internship experience and had a solid competing offer from a competing firm.
      Jul 31
    • Google mcsqr
      In that case you’re getting overpaid. Congratulations!
      Jul 31
  • AnchorFree / Eng 🍪 cookie
    How the hell is this possible. Who are these employers who pay that to grads when they can relocate a 10 YOE senior engineer from abroad for exactly half the price? (Apple brings seniors and leads for 110-120k [I know these people] from abroad, at times).
    Why would anyone pay you that at all??
    Aug 1 1
    • Two Sigma blarh
      These offers are pretty common in faang, top unicorns, and top finance firms tbh
      Aug 2
  • Two Sigma MrKillums
    That's good day zero stuff. Knock it out of the park and you can see L1 -> L2 in about a year.
    Aug 16 2
    • OP
      Do you know what the average time for each level promotion is at TS?
      Aug 17
    • Two Sigma MrKillums
      The joke is years x current level, but a top performer can rise a little quicker. I wouldn't expect an entering L1 to see L4 in 3 years, but under 5 wouldn't be surprising.
      Aug 19
  • Bloomberg 89103107
    Why is there a range in all of these numbers, including the base?
    Jul 31 1
    • Two Sigma MrKillums
      Doesn't want an HR snoop identifying. OFC, it's probably identifying as-is
      Aug 16
  • Crew aXFh35
    Looks good to me
    Jul 31 0