It’s an associate product manager role. No sign on bonus, no stocks, no yearly bonus, 3% pay increase annually. I’ve tried negotiating with my recruiter but she won’t budge. I really want to move into product but is it just me or is that offer really bad? I have 6 months of experience as a PM rotator at a big 4, and am 2 years out of school for context. I’m currently in the very early process of talking to Lyft, Pinterest, and Shopkick for their open PM roles. My contract at google expires in 2 months so I don't want to let any opportunities go, but I think I just need confirmation from this community that the offer is actually that bad. Any advice would be great, thank you!
Yeah, it's pretty bad. Could make sense if that was a startup and you were getting a sizeable equity with it...
Low for SF area, really for any tech job, but if you are young, have little in the way of financial obligations, and think it's a good learning experience.....
Thank you for offering your perspective!
I’m usually all for gaining experience, but this is one of the worst offers I’ve ever seen. And it speaks volumes that the recruiter won’t budge. It would be a different situation if there was a bonus on top of the base. Walk away unless you are in dire need.
Thank you for reading through the post and commenting. Looking forward to what everyone else has to say.
Say no. Simple. You wont be able to survive in SF with that salary.
Thanks for the input!
The offer is not bad. Median income is 75K in SF so you'll be better than half of the population.
At least you will qualify for low income housing while you learn?
Take it
What’s your current TC at Google? How big of a pay cut are you taking to get this miniMBA?
~101k
Not worth taking a pay cut. Especially coming from google and moving to a lower tier company. Have you tried getting into product at google? Internal move could be possible if you network with the right people
You'll be labeled as "the 76k guy working at some shitty company" by future recruiters. Don't do it. Try something like Amazon. They have low bar but better recognition
Better question, would you need to move? Can you afford housing and other bills like student loans etc when taking this role? 75k would get you by in TN or TX Or hell even WA. But in SF you're looking at a take home of about 1000 a week. I am in Miami 1000 a week covers my condo so if I was in your position it would be a no, but your expenses may be lower than mine thus a different situation. Personally I am always willing to take a pay cut to transition to something new or have a better WLB, TC isn't Everything for me and my role/career doesn't define me anymore so it helps a lot in making objective decisions on what is best for me. I suggest you evaluate the same. All these kids freaking out over TC in about 5-10 years will be telling the next generation the same thing.
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Sounds like your contract is ending so why not? Treat it like an educational experience (ie MBA) that you’re getting paid for, and throw your hat in the Fang PM ring in a couple years!
Thanks for the advice! Looking forward to what everyone else has to say.