FB decided they’re moving forward with an offer for M1 (level 6). Google is giving me the answer early this week (expecting it to be positive). Now FB wants me to tell them my comp expectations. First question: should I really give them a number? What would be a good negotiation strategy? My TC at Apple has been ~600k for the past two years. I’ve been thinking of asking them to match my unvested stocks (~600k), a base salary of $240-250 (my target is $230), and I’m open minded about a hiring bonus. Are these numbers realistic?
From what I understand reading Blind the L6 and M1 packages do not differ - therefore those numbers seem perfectly within reason. Definitely check levels.fyi for validation though.
Thanks. Not sure I understand your last comment though “Definitely check levels.fyi for validation though.” They already said L6.
Go check out levels.fyi to see what other E6s make at Facebook.
If you're in California by law Facebook can't ask you for your current salary. Make them take the first move and then see the same from Google. After that contrast that with your current compensation. If you're in California you can ask Apple to tell you where you are within your band compared to new hires (Market) and from there you can figure out whether your numbers are realistic or not given where you are on the band.
Thanks. They can’t ask me for my current comp, but asking for expectations is the current practice. Why would you make them make the first move? What if they offer something like $200k and I’m expecting $230k?
This is bad advice and inaccurate. They can only tell you where you are in the band if you volunteer your current compensation. Tell them what you want (maybe a little higher) and let the recruiter do their job.
Overpaid
You should give a number at 10-20% higher than what you make at Apple saying that’s the minimum to even consider FB and say you want the offer to reflect your skills and abilities adequately.
I agree. This is good advice. Take salary and multiply by 10-15% and equity by 20-40% depending on comfort level (equity has the biggest rage in negotiation).
600k rsu is low forM1. Ask for 1m or at least 800k. Otherwise it will be a significant pay cut to you, right?
If you make 600k right now, I would tell them I’m looking into 700k annually, with some flexibility on the base vs equity.
Typical M1 is $200-230K base, $800K equity
I’m a recruiter at Facebook. Giving the recruiter zero information as they go to the comp team to put your offer together is the worst thing you can possibly do. It takes longer to get what you want and does you no good. If they go in with zero information, they put an offer together based on a market assessment which may or may not hit what you want. They can’t ask your current salary (and won’t) but you can give them ammo to work i.e. comp expectations, invested stock, bonuses you’ll be missing out on, competing offers. All of that information is wildly helpful to the recruiter in getting you an offer you’ll actually take.
Thanks. Is levels.fyi or blind salaries accurate ?
It’s too generalized. Facebook is so big now there are a zillion different teams with a zillion different ranges. In general? Sure. Don’t quote it though.
Health & Wellness
14h
5100
Why are women naked in gym?
2024 Tax
13h
2206
Biden’s new tax proposal is wild
Tech Industry
Yesterday
50386
Goog Employees Arrested
Tech Industry
19h
2581
Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
2024 Presidential Election
5h
1208
Biden ruined America and tech! Tax plans are insane
600k stock is no problem...
What about base salary? That’s really the one I’m a little concerned.
I think you should ask for a major bump in rsu. Like 1.5m