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I recently got an offer with Convoy and feel I am undervalued. Amazon L6 Base 155K Stock 120K with @ 3300$ value ~280K Convoy Base 160k Options 40K @ 10$ value ~200K Pretty sure that's very low than what I am currently make. I also feel that I am underpaid in Amazon. I am an L6 Data Scientist with 8 years of experience (5 years at Amazon). Any suggestions on How to increase my CTC @ Amazon or How can I make my convoy offer better. How far can I take. I have seen an L7 at convoy being offered 220K, 80K stock options. There is rush involved as it's still a start up. #datascience #compensation On a side note, I am looking for opportunities in other companies! I had my initial two phone screens with MS (HM interview, online take home assessment and Tech review interview ), I did really well in all of them. It's been 3 weeks, and neither the HR nor the hiring manager came back with the feedback. I emailed like 10 times to HR & HM and no one responds. It's very sad to see MS not following minimum standards in their interview process. Hate it!!! Can anyone help me with my process to take it to next steps???
How are you valuing those Convoy options? Seems like you're betting that the company declines?
Not really but, it might be an IPO in next three years and till then I don't see that option value growing much. I already have 300K worth of unvested Amazon stock for next 2 years. The convoy options just value 100k for me for next 3 years.
Convoy DS is more equivalent to Amazon BIE, not an Amazon DS. It is mostly an analyst role which is why your offer seems low but its actually a pretty fair rate for a BIE.
Assuming you’re in Seattle, try FB, Twitter, Snap, Pinterest.
Do you have an MS or a Phd?
I have an MS in Data Science
This is Seattle? Apply to Uber, at 8 yoe that should be enough to get L5, which would get you a TC 300k+. And obviously FB, Snap, Pinterest, etc as others mentioned.
Lol you were expecting a startup to match the biggest company in the world dollar for dollar?
How are you calculating options value? Is that $10 strike price? If so that is actually money out of your pocket. Value will be = (Market price of stock at exit - strike price)*Number of options.
Any idea what their compensation ranges are for DS managers? Currently interviewing with them...
Not much tbh.
OP, did you take the offer
Def looks low to me. But there aren’t that many DS L6+ opportunities. Keep looking on the side if you can afford to be patient.