3+ years of experience. 150 base, 240/4 equity. 10% yearly bonus makes it 225k total comp. no signing bonus. Menlo Park location. How much can I negotiate this? What’s top of band?
150 base is extremely low.
Negotiate a 50K signing bonus
Typical fb lowball offer, ask for 165 base 100K signon or tell them to kick bricks.
Can I do that without a competing offer?
Say you were hoping for a higher offer and ask if they would be willing to give you a signing in bonus. Worst thing it could happen is they would say no.
I have a competing offer with a series F unicorn. But it’s all paper money so Facebook probably won’t match right?
You don’t need to tell them what company just say you have competing with x y z and you need a b c from fb to join.
Uh are you sure? Recruiter will surely ask me so he can send to Facebook compensation committee right?
Should be 180 base, 320k in RSUs, 50k signing bonus (unless you’re a relard)
Bro I thought fb E4 caps out at 160 base 300 equity, 100k signing
@JobSearch: That sounds about right.
Pretty sure that's the default basic E4 offer. Also pretty sure that 160/300 is the normal top of band for E4. Finally, I know for a fact it can go even higher--but that will require VP approval, which also means your case needs to be really strong. Here's my experience negotiating with FB: like Google, they have a well-informed compensation committee. You need to go at them with data and structure your ask into a business case. Data such as: 1.) Competing offers, especially from companies they target or recruit against (e.g. Google and direct competitors like Snap) 2.) Interview performance (e.g. if you were borderline E5, and/or they think you're a strong hire in general) 3.) You have demonstrated experience with a particular domain or skill set they have a strong need for (e.g. ML or Android) 4.) Current employer/level/comp (e.g. if coming from Google or similar, you have a stronger case) Chances are that they will NOT ask for proof of competing offers, but your claim needs to be credible. If you tell them Google offered you $400k and you have 3 or 4 YoE (obvious L4 from a company known not to make strong offers up front), they will call your bluff. Might even undermine the credibility of your entire case. Now, as far as what to negotiate, standard rules apply: base is hardest. One-offs like RSUs and signing are somewhat easier. In any case, if your recruiter is good and thinks your case is strong, they'll work with you to try to get you as much money as they can. Talk to them. It's not their money; they want you to join. At the same time, they do this all the time so they have a pretty good idea of what will fly and what won't--if the recruiter is pushing back, it's probably not because they're actually trying to low ball (again, not their money), but because they know that whatever you're asking for isn't going to clear the committee. Some recruiters are more honest about this than others. Source: negotiated (and accepted) an out-of-band FB offer earlier this month.
Thanks for this 🙏
Congrats
At least ask for sign on. This part is the easiest.
How do they decide which level to interview a person for? Yoe?
Based on interview performance
So the first interview will determine the level approximately, and the next onsite will verify that level?
Take it.