Posting from my friend's account. I have 5+ years of experience in Product Development company. My notice period ended on 20th of April with my last company. I have 3 offers in hand and I am unable to make a decision. So, seeking your thoughts for the same. Here, are the offers :- 1. Morgan Stanley, Blr : Salary - 28.5L Base, 2.5L Relocation. Team - Marginal team -> (Almost everything is Legacy here. You will hardly get any exposure to cutting edge technologies.) Designation - Manager (Equivalent to Senior Software Developer in other companies) Notice Period: 45 days 2. Microsoft, Hyd : Salary - 15L Base, 30K usd RSU for 4 years. 3 Lakhs Relocation ( 2 lakhs in 1st year & 1 lakh in 2nd year) Team - Internal IT services team. -> (This is not product team) Designation - sde1 (Level 59-60) -> (Basically, entry level position) Notice Period: 45 days 3. Paypal, Blr: Offer, Designation & Team are yet to be shared with me. Morgan Stanley and Microsoft are asking me to join by last week of May. Whereas, Paypal's background Verification process and all has not even started. I am suspecting PayPal will take 3 to 4 weeks of time again to complete all it's hiring process after they share the offer in the coming week. Before sharing your thoughts, please keep in mind that I am unemployed as of now as the background verification of any company takes 3 to 4 weeks to get completed. Here comes my confusions:- 1. What should be my decision? 2. Should I join one company by the time PayPal completes their all the process? If yes, then which company and also do share why you have such opinion keeping in mind the designation they are offering. 3. Is it okay to join any company for may be few weeks or is it okay to stay unemployed for few more weeks? 4. What should I expect from PayPal SDE 2 or SDE 3 as I have 5 years and 4 months of experience. And what will be the salary slab for both the designations? Thanks in advance.
I will not even consider msft with this offer. Push paypal for thier offer letter. I wonder why companies block on bg verification. Most of the companies don't wait for bg verification. If some red flag they will terminate later.
Drop msft altogether or negotiate with them based on Morgans offer. There offer is very low. I have heard people make almost double your offer at your offered level. Tell PayPal you have competitive offers so if they could speed up the process.
You can ask the HR for the compensation details. I am on the same boat now my BGC process is not even started, but the HR shared the compensation details with me (they still lowballed me, thats another case). The whole interview process took 4+ months, I have received 2-3 offers in the meantime and started working for one of them as well, as I was unemployed at that time.
Microsoft is too low. Morgan Stanley tc is much better. I'd take that. Plus internal tools could be SharePoint sites etc. Better to go with morgan
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What's your current Tc. Both ms and msft are low balling you. Especially msft.
10L. I tried pushing microsft, they are not ready to negotiate. Neither on the level nor on the package.
I think they are low balling because of current tc. However you can push them as high as 40-50.