4 YoE. Product Manager position. Recruiter was quoting a base less than 130k, which is quite low for SF office. Anybody know what the TC is like including yearly bonus & RSU?
At Autodesk now as a PM. Moved internally from program management. Have 1.5 YOE as a PM. The company pays peanuts. I’m at 100k with an AIP of 10%. RSUs are given by level. Once I finalize this new offer I’m leaving. The perk Autodesk does offer is 1. A 6 week sabbatical (but it takes 4 years to vest) and 2 WLB is VERY good. I work probably 20 hours/wk.
Would you say the 20hr/week (maybe not that low) is consistent across colleagues and part of the overall culture, or unique to your situation? That sounds light but have heard overall it's not a 50-70hr/week place?
20 hrs/ week isn’t across the company and team dependent for sure. But most people I know work under 40
Based on the base I can say you will get 10% of bonus and you can try for RSU at the time of joining worth 20-30K
How reliable is the 10% bonus? Has it been paid out for last 3-4 years consistently?
Pretty reliable. It’s company performance multiplied by personal performance as measured by manager. Some years I get a little over. I heard of one person getting 0% but that person was a massive underperformed and on his way out.
AIP is reliable. With good performance, sometimes it could be around 13%-15%.
Can i please get a referral?
Probably 140-170k base + 14-20% bonus and 40-55k stock (3 year vest). The higher level PMs can get into the 300-400k total comp range.
Is bonus negotiable? I thought it was purely based on performance. Or is this annual bonus which is different from performance bonus?
There’s one main bonus vehicle, it’s called AIP. I think it means annual incentive plan but don’t quote me on that. The % your eligible for (and note, that percent is against your salary and not your total comp) is determined based on your grade. I gave you two AIP bonus options (14/20%) based on two grades which I feel that experience level could fall into. How much of the 14% or 20% is determined like this: company performance x personal performance (determined by manager) x tenure (12 months = 100% for this figure but gets prorated if you join within the past 12 months).
A project manager at a tech company gets paid more than that. I wouldn’t even bother with them.