I got an offer from MSFT L64 with this break down Base 200k Sign on bonus 40k Stock 220k vesting over 4 years Up to 30% yearly bonus Is this low ball offer? Current TC 330k Location CA YOE 8
Joining Bonus can go to 60 or 80. Other components seem standard and within band. Also, count only 15% bonus, 0-30 is the range, it wont go to 30% in real life.
Assuming 330k is what you're making now, this is lower than your current TC. Up to 30% is basically 15% or 18-21% if you do well in a given year. I wouldn't expect to get a 30% bonus pretty much ever.
30% bonus is 2x target which you're not going to get 15% is what you will get. This is a classic 🥜 factory recruiter strategy. Promise 2x bonus that no one really gets. Also MSFT refreshers vest over 5 years. At l64 the target is 24k I believe. Don't spend all of that in 1 place. MSFT also believes in tenurecracy. Don't expect that l65 promo for 3+ years. I would ask for 230k base. 100k sign on. 400k stocks over 4 years.
4 years ago my L64 offer was for 50k and 250k stocks albeit for a lower base This was in Seattle BTW
Yes. Its less than your current TC unless you’re fine with it.