Stay for Promo or Leave Now

Capital One / Eng codezilla1
Jul 11 17 Comments

So I was told that im looking at a promo in about 6 months but also have an offer from FAANG.

Current TC: 158k
Base: 142
Perf: 12

Offer: 260K
Base: 180
Perf: 18- up to 36
Sign on: 50
Rsu grant at signing : 200k over 4 year

Promos here bump around tenish percent on base pay. Im trying to decide whether to stay & grow at current Org or switch with big pay bump & put in effort there.

Also curious, im calculating tc as base + rsu grant / 4 + minimum/expected perf bonus. No refresher or appreciation added. Is this right?

Thanks!

comments

Want to comment? LOG IN or SIGN UP
TOP 17 Comments
  • Oracle not_larry
    Leave. Everyone says their reports are 6 months away from promo.
    Jul 11 2
    • Pure Storage meemeep
      🤣
      Jul 11
    • Capital One / Eng codezilla1
      OP
      Yeah i felt a bit of unreliability in said promo discussion. Also itd only bump pay 15~k
      Jul 11
  • Amazon prestige🧐
    I’d take a ~65% pay bump in a heartbeat
    Jul 11 0
  • E*Trade / Finance cbEV72
    If you can’t grow at c1 what are chances you’d grow in other places?
    Jul 11 2
    • Uber waaaah
      100% chance of 65% growth
      Jul 11
    • E*Trade / Finance cbEV72
      Hard to resist, agreed. But career is a long game, plus relo expenses
      Jul 11
  • Microsoft fever
    Leave. Those who show you far off waters may be showing mirages :(
    Jul 11 0
  • Autodesk auto-mate
    Looking at your offer, I suggest simply quit. You will get to learn lot more in FAANG compared to where you are. There’s lot of room for growth also.

    Lastly, “make hay while the sun shines”
    Jul 11 0
  • eBay whattt
    Leaving is always better. If they really like you enough to offer a promotion, then before leaving, negotiate a boomerang at the promoted level. However, returning back to a company is also not really a good idea at mid senior levels.
    Jul 11 0
  • Amazon mfm
    Is this even a serious question? Of course leave.
    Jul 11 0
  • Autodesk auto-mate
    Jump
    Jul 11 0
  • Microsoft / Eng peasanton
    Unless Its a major promo that could translate to a higher level in faang.. No point staying..
    Jul 11 0
  • ADP / Product
    jellybean1

    ADP Product

    PRE
    The Weather Channel, Microsoft, Sprint
    jellybean1more
    Go. Tread new ground and promotion could be just as fast but with better comp.
    Jul 11 0
  • Pure Storage meemeep
    Gotta include that sign on. At least do sign on / 4
    Jul 11 2
    • Capital One / Eng codezilla1
      OP
      Okay so add 50k haha
      Jul 11
    • Pure Storage meemeep
      Depends how many years you stay lol. The longer you stay the less it impacts your annual TC
      Jul 11