Offer review Dropbox
Was told a role was IC2 and the payband was 168k midpoint up to 186k. (Tier 2 Austin TX) for cash before stock and bonus. Through the interview was leveled up to IC3+ with “promotion opportunity in the first six months”, but was given an insanely low offer. I have a competing for 430k TC that requires relocation (I wont relocate right now so planning on letting it go), and have the ability to just ask my manager for more money (been told my cash base has another 20k to move at my role at Okta and there are other retention strategies plus I’m up for staff promo in April). Recruiter came back with a lower offer than initial, was corrected that she had already said higher numbers said sorry and listed them again, and I’m just furious. The advertised cash compensation for IC3 on their job postings for Austin is with 198k midpoint and an upper end of 227k, the listed low point is 170k. How is it possible to post a max range for N-1 level, get up leveled and then have “best and final” be 10% less cash than the n-1 range?? I am not taking the Dropbox offer, it is not worth the risk
Sounds low for Senior
@Okta, mind if I dm?
Check levels, your offer is lower than any Tier 2 city offer that I can see for IC3. Your offer seems on par with IC2.
I used levels as my base, and is exactly what I saw. My ask was: For 400k TC 200k + 170k (annual) + 15% bonus (30k) I was expecting to take in the 360k range at least
My point is you need to clarify with your recruiter whether you were calibrated at IC2 or IC3 because something seems off here.
I had comp issues with Dropbox recently too. Interviewed and passed at IC3, in a tier 3 city. Got numbers for an offer, made sense for IC3T3. Was planning a move to a tier 1 city and let my recruiter know. Was told "Oh, if you're moving there, we literally can't hire you anymore because according to our own pay scales we'd have to pay you more and we don't want to do that." TLDR seems like Dropbox is taking virtual first as an opportunity to try to hire people cheaply across the board. I don't think anybody is going to be very happy with comp numbers they get from DBX.
The company seems to be in trouble. More and more competition and they don't really have any moat, and are fumbling in trying to get on the AI train. Plus they're randomly closing people's accounts with no notice or explanation. It must be a shit show on the inside
dropbox is basically a cash cow for milking old users now. Basically 0 growth after counting inflation and price increase. There's no way for dropbox to turn the ship at this point. The company once wanted to move to aws to increase execution speed, but got serious push backs from eng, basically impossible to do with all that cloud egress and compute costs. If Drew make some great acquisitions and just them grow as a separate company, it may still rebound, but clearly drew is bad at it as well.
Yeah I’ve heard they are lowballing offers in hcol markets.
Low-lying? No. Equalizing? Yes.
hey, how was the interview experience at dropbox? lc hards or mediums? how much on sys design? Also, how did you apply? any referrals?
In my research, Dropbox is unique in how they tend to extend leetcode problems once you answer them. The most popular extension question, is, "now rewrite the code to use multithreading." Interestingly, I got the same line of questioning at GitHub and was prepared from my Dropbox preparation. Whatever language you use, look at its multithreading libraries. Dropbox also has a preference towards algorithms that involve their line of work. Filesystems, directory trees, IO.
Why are people with jobs interviewing right now? You're part of the problem, its pure supply demand. We have to get through the hundreds of thousands that were laid off first. If you have a job and arent desparate stop interviewing so things can get back to normal.
You sound very privileged. We actually make TC high by making finding good candidates harder. If everyone was desperate and took any offer, TC would plummet
@Snap What kind of warped logic is that?
Is Dropbox as toxic to work at as indicated by their customer support (the worst in the industry)?
I read that they’re littered with toxic amazon leadership and PIP culture.
Which competing offer and which area?
Why would you join any company for same pay. New team, new product, new manager, layoff fears, unlimited possibilities unless you are already piped, terminated.
I am not considering this Dropbox offer, it is garbage. I’m incredibly frustrated. It is at least $100k away from being competitive with my other offer and not fair compensation for the level IMO
Don’t join Dropbox. Clueless leadership with no direction for the company. Work culture was great few years back but not the same anymore