Hi I am a PhD from a top tier University with 6yoe in a startup in a very niche hardware area. I recently interviewed at Apple and they got back to me with this final offer which is just 10k above their initial offer. Also the role at Apple was originally meant as ICT3 but given my experience they claimed that they scoped it up to ICT4. Apple base: 165k Sign-on bonus: 30k Total RSUs:160k Average bonus 12% I was not expecting this but my startup came back to me with a very competitive offer saying that I am a key employee: 2 yr retention bonus: 50k paid upfront. Base: 250k Max bonus: 20%. I got this last year. As far as Apple role is concerned, it’s more about stability and brand value. I am right now weighing pros and cons of both offers. Does anyone have any opinions?
$160 total RSU, is that over 4 years? So $40K per year?
Yes exactly. 40k per year and they refused to budge when I presented my counteroffer.
In that case turn down Apple and interview later. They don’t value you enough because they think they’ve got the brand name and everyone is dying to work there. You’re a PhD grad so you will get a lot of opportunities Ultimately if you’re still happy at your startup and are getting more money, why move. Apple will be a multi trillion dollar company soon. They also have the cash to match our outbid you but they refuse to do so. Let them be.
Which school did you graduate from? Is it UT Austin?
I think I know you. Stay at the startup. You'll be happier.
Stay at the startup, apple is not paying you what you deserve for your level of experience
I think you are better off staying put. Myopic strategies are not optimal but the Apple offer is way below your market value to make any sense.
Stay. Apple is not valuing you right, so don’t join
Why don't you interview with google? They may offer you better
stay with startup!
Apple will give 100-150k new rsus every year
This team is not doing Apple’s main operations in Cupertino campus but an R&D team in Sunnyvale. So their budget appears tight to me. Will they still give out refreshers?
Yes
That's a crap offer from A, with your skill level you should probably be 5. Go do the startup. Maybe try in a year if you want to switch. I'd say ~185 with 50 sign on, 400rsu. Don't worry about the market tightening, hw is much in demand.
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Do you see the future at your current startup? Do you like the product and the people you work with? $250k base at startup is really good.
The product is good and some people are talented. The startup has a clear path to success but it’s hard for me to estimate the likelihood. My other concern is that the job market for hardware might tighten soon. Apple seems to be slowing down their hiring because of recent performance.