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Currently interning at Disney and I have been contacted by a recruiter for an offer range that they can take back to management to convert me to full time. I gave a number that was $5 above my pay that I make now, but the recruiter claimed that was on the higher end due to the position being a new grad role. It sounded like the recruiter was saying I would be getting a lesser pay if I were to convert from being an intern to full time. Is it normal for an intern to make more than a full time employee? Should I stick with my offer number or lower it?
Steer clear of Disney. It is known for lower pay and of course its huge debacle of making its citizen employees train their foreign IT replacements.
This, OP!
Yes, that's also quite common for other companies too to pay internals less as a base salary than externals. That's because of all benefits that are added on top for internals but not there for externals. On p1 positions these benefits are quite small to non-existent to make up for the payment gap but unfortunately HR don't consider this...
Yes, the recruiter explained that I would be getting a 7% expected yearly bonus, 25% vesting in RSUs, plus relocation assistance (which they said would be minimal based on the position level). They also tried to “sweeten” the deal by saying “the good thing is you don’t have to interview for the job, once we settle on an offer it’s yours”.
Pretty sweet deal for an intern. If you like the team/projects, stay and get some more experience. Or you can always accept and start interview prep, that’s always the advice here
TLDR go get offers elsewhere Strong assumption here that you're a software engineer. If not, none of the numbers below matter. I originally joined Hulu several years ago and Hulu made efforts to pay as a tech company and compete with tech companies. As someone who is now technically employed by Disney due to its acquisition of Fox entertainment, if you are on Blind and looking for juicy comp in the tech industry, run away from Disney and don't look back. To give you some concrete numbers to help convince you: I was an intern at Hulu 4 years ago and we were paid $42.50/hour. I converted to full time and the offer was $123k salary, $50k one-time sign on cash, $18k expected yearly bonus (15%), $30k "LTIP" (our version of long term incentive like RSUs but cash instead) paid over 3 years and refreshed every year. This was a new grad, 0 years of experience postion. Not the top of the market pay, but definitely up there. The idea that your converted full time pay is even close to your intern pay and you're thinking it might even be a comp drop is ridiculous. This post is tagged tech industry so presumably you're asking this from the perspective of a tech company's behavior. If so, tell the recruiter and Disney to shove it. I probably sound bitter, and while I'm in a good situation personally because my manager fought really hard for me, I'm bitter for all my coworkers who were impacted more heavily by integrating with Disney. Disney is not a tech company, they won't pay you like a tech company, and your career won't grow like it would at a tech company. There are folks here that love working for Disney because they love Disney. If you're one of those people, then join and it will probably be worth it. But know that for a software engineer, that comes with a HUGE price tag. I'm talking you should be so happy to work for Disney that making $100k less per year is fine to you. This post may sound extreme, but if you care about your career at all, don't join Disney unless you have no other options.
Yes, the recruiter explained that I would be getting a 7% expected yearly bonus, 25% vesting in RSUs, plus relocation assistance (which they said would be minimal based on the position level). They also tried to “sweeten” the deal by saying “the good thing is you don’t have to interview for the job, once we settle on an offer it’s yours”. Which is nice, but I’ve also applied to Google (have an interview scheduled with them) and another department within Disney as well, just waiting to hear back on their decision. My manager claims to really want me on the team, just not sure if should settle for a lesser pay. Plus I’ll be moving to a state where I don’t have any family or friends.
Don’t join
Terrible company, don’t go unless it’s your only option.
Don’t join if you want to grow your career in tech. Horrible tech, culture, and management. Bad WLB and benefit as well.
Dude if you don't have any other job lined up...take it as it is and then later jump off.
Use it as an extended paid internship to study for LC
Yes because they factor in 50% of pay for benefits so you cost the company more as full time