I am an ED@MS and have received a verbal offer from GS to join as a VP in NY/NJ area. I have a few questions for this community, would highly appreciate if someone can help 1. Are the bonuses (especially the first year) guaranteed and NOT prorated. the recruiter suggested that even if I join on Dec 28, they will still honor it and it will be the entire amount (not pro-rated). However they won't write it down on the offer letter. Is that right ? 2. Is there some lock-in for the cash bonus that they give ? Do people receive equity - especially above 320 total comp ? 3. Is it advisable to discuss the offer, especially the bonus with hiring manager and not take recruiter at face value 4. I am not a big title sucker - but generally speaking is this a step down on the resume .. the role explained to me seems to be senior one and similar to what I do here at MS. Again since nothing is on paper, but do I need to verify with HM. This recruiter is a goldman recruiter, so am not working with any third party.. The customary info :-) Yoe -15 TC offered 450 - all cash - everything is verbal (at the moment) Current TC - shameful 🥜 Please advise ... #offer #tech
Tell us current TC..
What's ED?
Executive Director
Thank you..
450 is a nice offer - take me with you! :-)
And what’s the TC breakdown of 450?
Never take word of any recruiter or even that of the hiring manager regarding bonuses. If it’s not on the offer letter, no one can guarantee it. Hiring manager can change by the time you join.
True, that's what is making me wonder, why guarantee something but shy away from writing it ..
GS employee here, They will honor the first year bonus( not prorated depends on the negotiation) They won’t put down the bonus numbers on the offer letter but for the first year it’s guaranteed.
Thanks
verdict: take it Morgan dude. Many Morgan resumes coming our way at amazon they would have done you a favor had they let you go back in December
Yes, they do honor the first Year bonus as whatever they discussed with you. And, yes,, it will not be put on paper
Thanks, that's quite odd though at first thoughts ..
It is, and I was surprised when I joined GS as Well. But they did honor the first Year bonus (mine was prorated since I joined almost at end of the year)
Congrats on the offer. That’s a sweet offer at 450k which is near the top end of VP at GS I believe. What is the TC breakdown? What group?
240 base
Software Engineering Career
Yesterday
2948
L4 Google -> 45 interviews, 5 offers, AMA
Tech Industry
Yesterday
504
Will Tesla’s layoff trigger over all market layoff?
Tech Industry
Yesterday
1160
Question about women in their 30’s?
Tech Industry
4d
42926
What happens when most of your team is Indian?
Tech Industry
Yesterday
3405
BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
How shameful is shameful?
Don't want to be embarrassed by disclosing .. but truthfully - if one stays at one company for more than 5 years, one will get priced out from the mkt .. I have been almost twice that time .. imagine that 😭
Haha okay. For reference, my buddy who is an ED at JP makes 400.