Making 150k base, ~15% bonus, 12-15k in stock yearly. Nearly 6 years of experience and on the path to being senior PM soon where I am. Not in a hurry to move, actually pretty happy with my job. Google offers me a TPM L4 role in the Seattle area - 125k base, 25k sign on, 265k in stock over 4 years and an expected 15% bonus. The role changes somewhat from what I do now but it's a lateral move and still in the same cloud sector. What would you do? Take a lower base for slightly higher TC? I feel like I'm being lowballed. They went budge on making it L5. No competing offers. Should I just tell them to pound sand and walk?
Decline politely, not worth it and you don’t wanna be a TPM. This is a serious lowball.
Thanks. Btw why is being a TPM at Google a bad thing?
TPM is engineering project management. Google is eng driven and engineers love to hate TPMs. Similar at Facebook. Amazon is product driven so TPM is slightly better here. With all that said, you should decline politely just because of how lowball this is anyway. Value yourself.
I had an offer similar to that from FB sometime back with 2 YOE, so yah your being lowballed
I agree on that front, I've had an offer from FB around 2 years ago for better than this.
If you feel lowballed, tell them you don’t feel fairly valued and negotiate. Give your recruiter talking points on your experience/value you can bring to Google for then to talk to comp team about. Ask for the TC that you’d be totally comfortable/excited to sign and join at and see what happens
Why stocks are so low at MS? Only 12-15k a year? Seems like are you getting lowballed at MS. $265k at google makes it $66k a year, which is much higher
Op - did you end up taking google offer?
Did you accept their offer?
If you are happy then why leave? Have you asked your manager for a raise to get you closer to market? Also MSFT has a much better business model than GOOG and is much more likely to respect privacy of customers.
I'll see a raise soon, but I doubt MSFT will do raises to match external offers except in extremely niche roles when you threaten to leave. I wasn't looking to leave my company btw, I was only doing some interviews to keep my interview skills fresh.