Google L3 Offer Opinions?
Hey all, I received a Google L3 Offer today for Bay Area. I have no competing offers and this was the initial offer I was presented with. Way higher than my current TC but wanted to get a sense of where this ranks, and if I should expect any more in certain areas. Also, very new to the idea of equity grants. But seems like the dollar value is converted to Google shares. Given that the Google share price is ridiculously high right now, isn’t it a bad thing to be getting this as equity? Wouldn’t I be better off asking to convert some of the equity into a signing bonus? YOE: 1 ( undergrad ) Base: 139k Bonus: 15% Equity: 170k (frontloaded) TC: 215k ish Current TC: 120k
Wow mine was 134k base 100k stock 19k sign on
Same here
Location?
Could you share how was your preparation strategy?
This is a pretty good offer for L3 1YOE from what I've seen tbh
I got a very similar offer with $10k sign-on. I have 3 YoE. Very disappointed. I countered with $275k equity
What did you end up with?
Nowadays Google is so low ball
Not bad actually. I won't lie, it's on the lower side. I would prefer your first year TC be a little higher at about 240k ish, but that's when you have counter offers. All stocks are overvalued right now, so unless you can get them to agree on a set amount of stocks, it doesn't matter really. You can ask them to pay you a cash bonus instead of equity, but with no counter offers, I don't see that happening. I would take it if I were you, and if you're worried about the stock being too high, just sell it as soon as you get it and buy what you'd rather have. I know you don't get anything till a year, but still something to consider.
Also since this is the start of your career, try and choose a good team in Google and focus on learning instead of worrying too much about TC. If you manage to pick up a few good habits at work and make yourself a productive engineer, the TC will come. You don't have to worry about it.
Tips on how to spot good teams?