Been at Google (L4) for close to 2 years now. Have received 3 CME ratings in a row for 3 perf cycles including the optional cycle I did not fill. Recently interviewed with coinbase and this is their offer- Offered position: L5 Base : 64 lacs Bonus : 6.4 lacs Stocks : $45000 (yearly) TC: 1.04 cr (approx) Google compensation (post appraisal) Base: 32 lacs Bonus: 4.8 lacs Stocks: $85000 (initial grant for 4 years) Stock refresher : $26000 ( Next 4 years) TC: 73 lakh (post stock appreciation) I am inclined to coinbase for the level and money as it will take me atleast 2-3 perf cycles to get a promo to L5 and that too with the lower end of L5 band salary. Should I take up the coinbase offer? YOE - 7
Go for Coinbase.
What’s your rationale for that?
The pay difference is huge. Also you will be doing the work of L5 there and so you can grow in your career faster. If you intend to rest and vest, you can stay at Google.
Looks like stock refreshers have decreased at Google.
Yeah they have recently reduced refreshers for L5 and below.
Find out more about the work load, performance cycle and refreshers at Coinbase. The financial difference is huge and you should probably take it.
The reviews I have read on blind and few other places are mixed. However most of them spoke about a skewed wlb balance. I also read a blogpost by the CEO of coinbase and it seemed the company is pretty aggressive and only cares about business. I am worried about their employee friendly-ness. Sure the money is huge but if it comes at a cost of sacrificing everything including personal life then I am but worried.
Interview more in that case? Uber L5, Microsoft 63, maybe SDE 3 at Amzn based on team. Your experience is enough for the L5 equivalent threshold and you are probably prepared as well + CB offer gives you good leverage.
Are u a 2013 or 2014 grad?
2014 grad. Also I am in UX.
Is 26k the refresher you got this year?
Yes last week after my comp letter was released.
Oh 26k seems less. Did they reduce the refreshers and by how much?
Leave. You can always bounce to other companies as L5 with that TC if coinbase is not a good match. Google comp is going downward. Also 3 consecutive CME at your yoe indicates that you are either not in the right team or not with the right manager. Stay only if you plan to switch abroad after hitting L5.
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Definitely . Can you share your interview experience?
The interview experience was pretty neat. Well structured, was given a prep doc beforehand and the rounds were very similar to Google except that I didn’t have any team matching round.