Is it true Facebook doesn't negotiate New Grad base salaries?
Received an offer for a University Grad design role (I think it's IC3) $32/hourly = $67k base a year which is amusingly enough lower than the compensation my past 2 internships (which also had the same slew of benefits and relocation too). This is well below the market rate on Glassdoor and for this role in general. When I asked about negotiation, recruiter implied that the salary "doesn't have a lot of wiggle room", direct quote. Have another offer at $100k base and a third pending, so I wanted to do a sanity check.
You know for a fact they don't budge?
Speaking as someone who has managed many salary analysis in management strategy. Design roles are a toss up. You need to make sure you’re going to the place where design leads the business, not just supports it. I don’t know Facebook personally, but based on the pattern you’re describing I think at Facebook they only “support” design so your salary is reflective of the commoditization of design at Facebook or the role isn’t very important as a designer to the company. Depends how important it is to your success to have Facebook because you’re investing in having a job at Facebook vs them investing in you.
Fair points. But if op has other offers, he can walk away. Don’t you think the fb recruiter will be willing to negotiate instead of letting a good candidate walk and lose money every single day the position is open?
This is weird, I know someone who works as a new grad designer at Facebook making a 120k base and is on a salary.
Tbh I really think I've been lowballed
Yeah you have been. Interns get paid more than what you've been offered.
Hourly?
Yeah hourly, not salary. With $15k stock and 10% bonus
I don’t think base salary is negotiable and I never seen a case where new grad has a different base other than standard. But why you worry about the base assuming you’re a new grad? You’ll promote very soon and your base salary will change to next level’s standard. You initial base matters a little.
Very low... this is in Menlo Park? Is the 15k stock yearly or across 4 years? 67+6.7+15 = 88.7 I had no idea they even gave TC packages under 100k for new grads. I recommend you crunch the numbers on your end and see what your living expenses will be, if it works out take it do a year jump to another company which should be easy with FB on your resume as your first job.
Yes, Facebook, don't negotiate new grad compensation. However, the number you are sharing is not Facebook new grad compensation. You must lying.
Everything is negotiable if you have leverage. You have an awesome leverage because of the other offer. Mark up the other offer and ask fb to beat it.
I've seen other posts saying that for Facebook, new grad base salaries are pretty much set in stone. Some have been able to negotiate signing bonuses but as I'm not an engineer I wasn't offered one.
How can you know for sure if you don’t even try and instead believe whatever is said on an anonymous forum? I have surprised myself many times in my career by being bold in negotiating. I made 75k tc when I started out in my career and now make 182k after four years. So man up and use other offers as leverage and negotiate aggressively! You will surprise yourself. All the best!