Negotiation

New / Eng
TBSwitch

New Eng

PRE
Wells Fargo, Nuage Networks
 TBSwitch
Apr 28, 2019 10 Comments

I got a verbal offer from Big Switch Networks with a split:-
Background- Masters degree
Position- Software Engineer
Base-105k , 5k relocation and 8k stock options
Location- santa clara, CA
Work ex- 1 year as an intern and part time at Nokia
2 years in India

How should I negotiate? The manager says it’s a good offer and since it’s not that big of a company 130k is very difficult.

Now, I am not sure if that’s the strategy to negotiate or it’s really a thing.

Would really appreciate if someone can help?

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  • LG
    lzml

    Go to company page LG

    lzml
    It's a shit offer. Seriously shit.
    I started in the bay with a similar offer (100k base, 25k options) and it was not sustainable. If you have nothing else though, take it and stay for a year or so and then find a better job.

    In terms of negotiation, if they don't budge on base shoot for a signing bonus. Also 8k stock is really low. It's the lowest I've ever heard. I'm sure they can do better with the options if nothing else.
    Apr 28, 2019 4
    • New / Eng
      TBSwitch

      New Eng

      PRE
      Wells Fargo, Nuage Networks
       TBSwitch
      OP
      I tried doing that and the manager said it’s a startup and not big company like google, fb or Amazon. Shall I still push it one more time?
      Apr 28, 2019
    • LG
      lzml

      Go to company page LG

      lzml
      Hard to tell to be honest. By all accounts they should have more money to be this cheap. But God knows what happens in a startup. You really just have to decide on your own.

      In a similar situation I took the offer and switched jobs less than a year later. Can't really tell if it was the best move or not but my startup was a series A funded startup so the shit offer was a bit more expected.
      Apr 29, 2019
  • Lowball. Seek work elsewhere.
    Apr 28, 2019 0
  • Amazon
    Break1M

    Go to company page Amazon

    Break1M
    For a series C startup with 120M+ in funding into it this is lowball. I was paying slightly more than this 4-5 years ago in a seed stage startup.
    Apr 28, 2019 2
    • New / Eng
      TBSwitch

      New Eng

      PRE
      Wells Fargo, Nuage Networks
       TBSwitch
      OP
      I have one offer as of now and don’t know what to ask, can they negate the offer if I demand more?
      Apr 28, 2019
    • Amazon
      Break1M

      Go to company page Amazon

      Break1M
      Sure they can rescind the offer if you get demanding. Negotiation is all about alternatives. If you don't have good alternatives, you may have to take this one then start interviewing elsewhere once you have polished up on your interviewing skills.
      Apr 28, 2019
  • Aeris
    niks5501

    Go to company page Aeris

    niks5501
    What did you decide with the BSN offer in the end? Did you join?
    May 9, 2019 0