[Apple] Is this a good offer?

Nov 17, 2019 14 Comments

Current TC: 42L/India, YOE: 4

Have an offer from Apple for ICT3. They matched my current tc using base + rsu and are giving another 12L in the form of sign on bonus (spread over 2 years) + relocation bonus + yearly bonus most of which would be exhausted after the first two years. So my tc, technically would be almost same after year 2.

I brought this up with the recruiter and she countered saying Apple gives refreshers stocks every year which should increase your tc for the year 2 and onwards.

Just wanted to understand if this is standard or is the recruiter low balling me? I would ideally like my base or rsu to be increased but the recruiter kept insisting your new tc is already 30% higher than original tc so another bump would be very difficult. What are my options?

Is this how hikes are usually given when making a switch?

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TOP 14 Comments
  • Visa / Eng jkj
    Pretty good offer, btw what is your current company?
    Nov 17, 2019 1
    • New nonut
      Sorry can't disclose that.
      Nov 17, 2019
  • Apple tvcja
    Give a break down of your education background, role and TC for folks to help evaluate as per India markets.

    But yes Apple does have a good refresh stock bonus for good performers.
    Nov 17, 2019 3
    • New nonut
      Currently a tech lead, studied from one of the premier college in India. Current tc breakdown - 35 base + 7 yearly bonus.
      Nov 17, 2019
    • T-Mobile
      heckoworld

      T-Mobile

      BIO
      looking for new opportunities...
      heckoworldmore
      Nut, are you OP? Switched accounts?
      Nov 17, 2019
    • New nonut
      lol yeah. Finally decided on apple so pondering on the offer. ;)
      Nov 17, 2019
  • Amazon lznn61
    YOE ?
    Nov 17, 2019 1
    • OP
      4. Updated post.
      Nov 17, 2019
  • Apple ptfan
    Please make sure it isn't IS&T.
    About stock refreshers it's true.
    They do have really good refreshers.
    Nov 17, 2019 0
  • Axtria BezoKaBaap
    What was the interview like - type of questions, difficulty?
    Nov 17, 2019 1
    • New nonut
      LC medium to hard + design rounds.
      Nov 17, 2019
  • Apple 3id7w
    I think this is standard offer. ICT3 at Apple can earn up to 65 lakhs.
    Nov 17, 2019 0
  • Apple woodkid
    Breakdown?

    The TC seems about median for ICT3 range. I know a friend in Hyderabad with slightly higher TC, but also 6 yoe from another faang
    Nov 17, 2019 0
  • Apple KGHP41
    What team are you going to work for at Apple? Is it Hyderabad or Bangalore location?
    Nov 17, 2019 0

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