Down-leveling for Meta or stay at Bloomberg?

I have about 3.5 years of experience (8 months at Bloomberg/USA as SWE). I got a return offer from the Internship I did at Meta last summer. Problem is it is E3 level. However, the manager is saying that he would be able to push for E4 promotion in 6-8 months (July '24). I'm not sure how reliable the promotion timeline is. I would also have to take a small pay cut from my Bloomberg TC. I don't like my current team at all which is what's pushing me toward considering the role at Meta. Current TC - 250k Meta E3 TC - 140k base + 50k stocks + 50k signing bonus

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147 Participants
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Netflix fGku78 Oct 21, 2023

E3 170 base? lol

Bloomberg yirutBo OP Oct 21, 2023

It's 140 lol. Typo 🤦‍♂️

SoFi assaf Oct 21, 2023

How do you have 3.5 yoe but did an internship last summer?

Bloomberg yirutBo OP Oct 21, 2023

Grad school last year. 8 months experience in US/BB

Bloomberg QVApgl17 Oct 21, 2023

Why don't you like your current team?

Bloomberg yirutBo OP Oct 21, 2023

Incompetent TL, bad low impact projects, no scope for growth, no senior SWEs on the team to learn from

Bloomberg QVApgl17 Oct 21, 2023

What sort of projects

LinkedIn I am a Cat Oct 21, 2023

250K all cash? That sounds much better.

Netflix fGku78 Oct 22, 2023

Especially with meta as overvalued as it is

Google kjhdsdfhui Oct 21, 2023

Because you are at Bloomberg, going to Meta will be better for WLB. and promo to E4 within a year is real. Many E3 get it, you'll do better. Once you are at Meta, you'll have a much better brand value. Within 5 years you can crack E5 at most companies out there .

Bloomberg yirutBo OP Oct 21, 2023

How's going to Meta better for WLB? I think one year to E4 is doable but 6-7 months is kinda ambitious. Other option is staying here, leetcoding and getting out as E4 in a few months

Meta countervar Oct 21, 2023

Not ambitious. Realistic

Meta djwnnq Oct 21, 2023

E3s get promoted to e4 within 18 months or they’re out

Bloomberg yirutBo OP Oct 21, 2023

Is July an achievable target if you join in December?

Meta djwnnq Oct 22, 2023

I’ve seen people do it that fast but I think the median is about a year

Wind River flak2270 Oct 21, 2023

If it’s 250k cash than stay. But if the base is comparable then leave.

Amazon vavrMonkey Oct 21, 2023

If there is no fear of pip, just wait 6 months - leetcode and then interview again for E4. No need to take pay cut for brand value and false promises unless your current 250K TC is dependent on some non-discretionary bonus which you might or might not get.

Oak Street Health nottc Oct 21, 2023

I know a couple people who went e3 to E5 in 2-3 years if your manager is good then meta otherwise Bloomberg

Bloomberg whaddyado Oct 23, 2023

Idk why you would sacrifice and risk stability+comp by jumping to meta.