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I've been hunting for the better part of a year and luckily in a position to review 3 offers. All numbers are in CAD 1. IBM Base: $220k Bonus: 15% Cash: $70k split over 2 years TC: 288k, $253k (if i stay to Y3) Pros: Tech consulting, new clients, variability, cash guaranteed. No on-call Cons: IBM, bad clients, boring systems and processes 2. SourceGraph Base: $208k Bonus: 12% Option grant: 5k options TC: $234k Pros: WLB, open-source, unlimited vacation, small teams, growing 1.5x clients / year Cons: role is half client support and half coding, enterprise intake for clients installing tooling. Questionable model with GitHub search making strides. On-call 3. Startup Base: $240k Bonus 15% Sign-on: $20k Option grant: 5500 options TC: $296k, 276k Y2 Pros: well funded, no raises, unlimited vacation, product has good market fit and growing clients. No raises needed since 2018. Profitable and growing 2x / yr Cons: no 401k match, On-call Current TC: $250k, 4yoe
damn what roles are all of these? IBM would never pay this well for SWE in Canada @ 4 YOE lol
Infrastructure engineer, hybrid of cloud engineering/SWE adjacent focus
So what did you pick ?
Chose the start-up!
I have infra background. 4 yrs in US. Now in Canada. But it's a struggle to convince recruiter anything above 150K , online sites quotes are too low for architect + SRE roles. It's sh** here
Yeap, I'm in Canada and work US remote. It takes a few weeks/months to find those companies that pay US comp and are location agnostic. Keep hunting, you'll find a role that pays US comp and hires Canadians. It took me a good 4 months to find a few good companies I aligned with
Startup offer looks promising. Which series are they in?.. are the founders good?.. are they profitable or gonna be profitable soon?.. what’s their runway?..do they have history of layoffs?.. which sector?.,
Afaik, Series B raise in 2018, hasn't needed funding since. Founders are all from a niche industry, identified a need and built a platform around it. They have plenty of runaway according to the recruiter and no layoffs (even during covid). Feel free to DM me for more info, can provide specifics
I would be most worried about runway. You have to ensure they have 3 years of runway. My company has 2 years runway (which isn’t bad) and it’s shitstorm everyday. 3 years is the safest given the crazy market condition. Can they raise a new round without diluting shareholders much?..