I have two offers Big 4 (Austin) vs FAANG (Bay Area). I currently live in Austin (wife and 2 kids). Taking relocation of family and COL into consideration alone, which would be the better offer? FAANG offer - 200k/20%/360k Big 4 offer - 165k/15%/No equity Update: the companies are EY and Google
Stay in Austin find better offer there. Bay Area with 2 kids at that comp will suck.
Try getting more equity maybe. I would move for a bigger potential. Kids make it a bit expensive though.
Dude, could you refer me to citadel?
Sorry what is Big 4?
https://en.m.wikipedia.org/wiki/Big_Four_tech_companies He meant this
Austin hands down
Stay in Austin; that extra money doesn’t add up to the expenses.
$145k is less than the expenses??
Above $500k TC to move to Bay Area
Can someone correct me if my understanding is flawed..given how high market is, isnt a person more likely to lose moneytied to equity by joining at this point ..the market is probably more likely to drop than keep increasing steadily and you will buy shares at inflated prices
Think long term, market will always climb back up and even further. You're not compelled to sell your shares as soon as they vest. Always hodl or buy more during a recession.
If you are a US citizen, you could also just switch companies to get a new offer if your company stock drops
If you were single I'd say bay area since comp can increase drastically. Since you have a wife and two kids, Austin is definitely the more family friendly, and COL friendly place. Definitely take Austin, not that hard a decision. Try to interview for faang Austin at a later time for more comp. Good luck.
Stay in Austin. Fang offer is more to lure you.
Decline Google for Ernst & Young? Are you high?
Agreed. This isn't about prestige. It's about his family.