Location: NYC Base: 145k Equity: 175k Sign: 30k Perf bonus: up to 100k Competing with a Seattle AWS SDE2 offer for 245k TC Yoe: 5 This compass TC almost seems too good to be true to me. The AWS offer is solid, amazon is established, and AMZN shares are good for their worth. Thoughts? Is Compass is legit?
Compass has the market with agents. Agents don’t like to move companies often and they have convinced a lot of large players to move on to their brand. The company is smart and strategic. I’d say it’s worth the risk if you’re young and looking for a challenge.
That's low tbh. I had an offer for about 20% more for senior
You’re right. The numbers are initial, pre negotiation, so they should go up. So did you join? What were your thoughts?
The perf bonus is yearly? Based on the company performance or yours?
Its a stock refresh based on personal performance
The equity figure is for what vesting period: 4 years? Don’t assume you’ll max out the bonus, Compass is probably like a FANG model where very few will make even half of that target.
Not sure why you think that offer is too good to be true. That equity vests over 4 years, so your base + equity is only 190K/year. Divide the signon over 4 years, and you're at close to 200K for 4-year TC. From what my friend who works there told me, most people only make 1/3 of the max performance bonus (only 5% hit the max bonus), so you should expect a perf bonus of slightly over 30K, putting you at 230K TC. The Amazon offer right now is flat out better and more liquid, so unless you can negotiate the Compass offer up significantly, take the Amazon offer.
Do you believe compass has a good product? Do you believe they can position themselves to exit? High risk high reward
Thats what I’m trying to find out currently. At the end if the day, it comes down to the brand equity and stability of Amazon vs TC risk of Compass
Yup 100%. Good luck