Bloomberg or Microsoft new grad offer?
Assume the work at each company is equally interesting. Microsoft in Redmond: $108k base, 10% annual bonus, $120k RSU's/3.5 years, $50k signing and $9,250 401(k) match Bloomberg in NYC: $150k base, $15k annual bonus, $50k signing and $7,750 401(k) match
That’s a pretty good offer for new grad. What area?
Read my post
I mean like area of expertise... like people below said Redmond is very boring, not many women and food here blows. I came here from Tristate area and wish I could go back errday. You’ll probably be able to save more money here though, since there is literally NOTHING to do.
If you’re in engineering, the assumption “work at each company is equally interesting” is not true unless you’re getting a very good team in Bloomberg (quant/trader) and a bad team in Microsoft (there are plenty). If I were you, I’d negotiate with Microsoft for L60 (comes with a base of 116 or higher). Also when considering the offer, consider other things such as taxes, 401K match, ESPP and most important of all, which one fits better in your long term goals.
Financially they're quite similar, I think it really comes down to Seattle versus NYC.
Yeah. Redmond, and even Seattle, is completely different from NYC
Also fyi, Washington state does not have state income tax. So financially Microsoft offer is more
Bloomberg for NYC since you're still young
It depends what you value. If you think youd really like the big apple culture, see/be seen, glitz/glam vs seattle (more laid back, flannel/burkinstocks), or you really like snow, then NYC and Bloomberg may be better for you. For pretty much every other reason, including career growth/opportunities, and the most important in my mind, actually working for a *software* company, pick MS.
How is Bloomberg not a software company? It sells B2B software in addition to the Terminal, and builds all of its software in-house without any outsourcing or contracting. It has revenue streams besides software, just as MS also builds and sells devices.
Internal software doesnt count by definition. I dont know what b2b software Bloomberg sells but msft sells close to $100B of software a year across 21 different domains that sell $1B or more on their own. *That's* a software company. Now does Bloomberg make a preponderence of its money from software? No? Then its *not* a software company.
Target bonus seems low. 10% if for meets expectations? Otherwise a pretty good offer. Also overall benefits at Microsoft would be much better.
Good point above. Pick a *software* company now and if you want to jump into another industry later, your deep tech experience will be your value.
Meh both company are decent but at the same time they're not really considered hot shit either. Tc is good at either. With Bloomberg u get to try to pick a team during training I'm not sure how it works at Microsoft. Nyc is lit af, Redmond is boring and ud have to travel into Seattle for anything fun unless u like to hike I guess? I haven't seen people at either place complain about not getting interviews from good companies when they wanna leave
Microsoft also has annual bonus, 10.8K target for you