Sr PM Level 1 compensation @ Uber

LegalMatch JSrPM
Oct 5, 2017 22 Comments

Hi I am evaluating an offer from Uber while waiting for a few others.

$175k base, $50k bonus and 15k RSUs.

My current total comp (base + bonus + espp + rsu) is around $315k/yr.

Uber values themselves at $48 per share, is it too high (SoftBank deal)? Does Uber really pay out annual bonuses?

Is this a fair offer? I have 17 years total tech experience with 10 years as a PM - all Bay Area. I have a BS/MS in CS and an MBA (top schools). I believe I should be Sr PM Level 2, but recruiter says that isn't happening.

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TOP 22 Comments
  • Microsoft Bad Hombre
    What's dollar value of stocks? $720k?
    Oct 6, 2017 12
    • LegalMatch JSrPM
      OP
      Fair enough. I don't manage people now and I have in the past, but I'd like to be compensated fairly. I see folks at Uber 6 years out of school and at Sr PM already. New grads generally get to Sr. PM levels after 8+ years of experience.
      Oct 6, 2017
    • Microsoft Bad Hombre
      Uber is a fairly new company and has seen fast growth. If they've joined early, and they've been competent, it's no surprise they've climbed faster than people at more established firms. You should compare yourself to others joining Uber with similar experience to yours, and their leveling.
      Oct 6, 2017
    • Uber XnKakxn
      ^this. A lot of younger folks who joined earlier were able to progress and expand their scope quickly due to the fast growth of the company. Things have moved more toward a large established tech company at this point. Benchmarking against external hires who have recently joined (past 2-3 mons) would be more comparable.
      Oct 6, 2017
    • LegalMatch JSrPM
      OP
      Xnkakxn are you saying that ALL Sr PM 2s have direct reports? Are there any Sr PM 2s who don't have direct reports?
      Oct 7, 2017
    • Uber XnKakxn
      most have several directs. There could be exceptions but none come to mind
      Oct 8, 2017
  • LegalMatch JSrPM
    OP
    I haven't accepted Uber's offer yet. Uber bumped up RSUs by 10% everything else unchanged. Fast forward 2 weeks I now have offers from FB and Salesforce, decision dilemma.
    Oct 17, 2017 1
    • SquareTrade / Eng
      Vjqw70

      SquareTrade Eng

      PRE
      SurveyMonkey
      Vjqw70more
      What did you end up taking? Did uber bump your TC higher with the competing offer from FB?
      Jan 22, 2018
  • Samsung bmi68
    How is 15k rsu s worth 875k$. Either its ~18k rsu s or check with recruiter on the wrong valuation.
    Oct 6, 2017 1
    • LegalMatch JSrPM
      OP
      $730k but I wanted to push for $875k+ and a Sr PM 2 level.
      Oct 6, 2017
  • Oracle SmileSmile
    And where do you live ?
    Oct 6, 2017 1
    • LegalMatch JSrPM
      OP
      Bay Area
      Oct 6, 2017
  • PayPal yctM64
    How does it compare with your current comp?
    Oct 5, 2017 1
    • LegalMatch JSrPM
      OP
      Current Base + guaranteed bonus + espp equal to Uber's base + probable bonus.
      Oct 6, 2017
  • Intel / Product purpose
    What did you end up choosing?
    Apr 11 0

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