I am getting an offer from AMD for a director position. What would be the expectation of TC (base salary, sign-on stock, refresh stock, yearly bonus target, sign-on bonus, etc.)? I have worked at Intel for close to 20 years. My current TC (base + bonus + stock) is ~$400K. Do any of you know the retirement policy in AMD? In intel, it is the rule of 75 (Age + years of experience in Intel) or 65. Does AMD pay retirement benefits to the employees like accelerated stock vesting, etc? By moving to AMD, I lose all of these retirement benefits. I am eligible to retire from Intel 5 years from now.
How much of that 400K is retention and one time stock awards? They know how much you can make as a G10 and will likely match or go slightly over.
If you are comfortable dont move .. AMD might pay more but at this point what do you have to prove?? with your current tc your kids will be well settled .. If I were you I would log off from blind and start enjoying life .. If they pay something like 800K etc its wort for another 50-100 K there will be no life difference ..
Exactly also there is 50% tax from uncle sam..
What are the Intel retirement benefits? This rule of 75, if you start at age 30 and work for 22.5 years, you become eligible?
Yes, u would be eligible in Intel.
They have had accelerated retirement options such as rule of 65 I think.
Please share the breakup in intel and what amd is offering?
For pay I would say not worth it. For more exciting projects and people, that will be totally worth it. AMDer now
That's exactly the reason I moved from Intel to Google. A more exciting field,and about $250k more per year
Nice! hardware role?
Moved from HW to SW
@Google what type of role were you at intel before moving to SW at google ? (Also what was your background?, guess even if you are experienced HW engineer, you start at L4 once you switch to SW ?)
Na,I was a very experienced HW/CAD manager/director. L7 at goog
Could you elaborate your prep experience to move to SW? Was it a lot of leet code ?
First let offer come, they will make verbal offer and then it gets into CEO loop which might take anywhere from 2-8 weeks for approval.
Are you affected by the ongoing layoff at Intel?
Tech Industry
Yesterday
2184
What happens when most of your team is Indian?
Health & Wellness
Yesterday
361
Lasik cost
Tech Industry
3d
59589
Crossed a line with my boss
Tech Industry
Yesterday
1269
Women, help me understand why this is inspirational
Layoffs
Yesterday
917
At Tesla, even the interns are on the chopping block 🪓
So essentially you are 50 and making 400k .. that’s a new low for Intel pay band. AMD is extremely stingy company, but for a director in Texas I would not settle anything less than 300k in base and 200k per year stocks. Basically it has to be a min of 100k in TC improvement, else it does not make any sense to quit Intel.
I am 45. In 5 years, I will be 50 and would have worked 25 years in Intel.
What is the average ict4 pay at apple.. i know many 40+ qualcomm engineers stuck at ict4 at apple