Facebook M1 Comp Package

Apple / Mgmt AnonyMe
Dec 2, 2018 54 Comments

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?

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TOP 54 Comments
  • Facebook / Other
    T🦖

    Facebook Other

    PRE
    Indeed, Google
    T🦖more
    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.
    Dec 2, 2018 5
    • Facebook / Other
      T🦖

      Facebook Other

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      Indeed, Google
      T🦖more
      I honestly don't know without knowing more about the team and location
      Dec 2, 2018
    • Facebook UOvH13
      Facebook is always known to pay above market rate. That’s is their strategy. I would recommend not sharing initial numbers first!
      Dec 2, 2018
  • LinkedIn / Eng GsHf54
    600k rsu is low forM1. Ask for 1m or at least 800k. Otherwise it will be a significant pay cut to you, right?
    Dec 2, 2018 2
    • Google KuJA63
      Maybe because Apple pays higher bonus and less equity?
      Dec 2, 2018
    • Google / Eng BTGoth
      I got $600k in RSUs at Google as L4 so I would expect at least $800k for FB E6
      Dec 2, 2018
  • Facebook supichai
    Overpaid
    Dec 2, 2018 2
    • Apple / Mgmt AnonyMe
      OP
      Thanks. Could you elaborate a bit?
      Dec 2, 2018
    • Facebook supichai
      I am known on Blind! Nice
      Dec 4, 2018
  • Twitch Qwernry
    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.
    Dec 2, 2018 1
    • Google KuJA63
      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).
      Dec 2, 2018
  • Microsoft Wiiiiii
    600k stock is no problem...
    Dec 2, 2018 4
    • Apple / Mgmt AnonyMe
      OP
      Thanks for the tip.
      Dec 2, 2018
    • Lam Research rektkid
      Hi can I DM you ?
      May 5, 2019
  • Target / Eng .¯\_(ツ)_/¯
    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.
    Dec 2, 2018 3
    • Target / Eng .¯\_(ツ)_/¯
      Go check out levels.fyi to see what other E6s make at Facebook.
      Dec 2, 2018
    • Apple / Mgmt AnonyMe
      OP
      I didn’t know levels.fyi. Thanks for the tip.
      Dec 2, 2018
  • Facebook SuchATrip
    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.
    Dec 2, 2018 2
    • Apple / Mgmt AnonyMe
      OP
      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?
      Dec 2, 2018
    • Facebook / Other
      T🦖

      Facebook Other

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      Indeed, Google
      T🦖more
      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.
      Dec 2, 2018
  • New / Eng
    JCoM17

    New Eng

    BIO
    Structural engineer switching to data science.
    JCoM17more
    I know a few ppl who got this offer:
    100k sign on, 210-220 base, 20% target bonus, 1M RSU.

    Base will be hard to go above 230k, thats L7 level.. but you can definitely get 1M RSU and 100k sign on
    Dec 2, 2018 1
    • Apple / Mgmt AnonyMe
      OP
      Awesome! Thanks!
      Dec 2, 2018
  • Dropbox uKQo66
    @OP: please let us know what they end up offering you?
    Dec 3, 2018 0
  • Capital One A-team
    @op, congrats! I was told 500k is the median for M1.

    Were you assigned to a certain team or are you going to find a team at boot camp?
    Dec 2, 2018 4
    • Facebook lahdtwjks
      yes, i am talking about sw org. there is boot camp for m, but not for team match.
      Dec 2, 2018
    • Capital One A-team
      Thanks @lahdtwjks @AnonyMe
      Dec 2, 2018

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