Is this a good offer for Uber?
I'm 3yr exp working in a typical IT company in NoVA. Worked for another 2yr before grad school. Got an offer from Uber in SFO for SE II for 150k base + 5200 RSU + 40k annual paper money bonus which is projected as around $260k by recruiter. Accepted already but not totally positive. Is that a good offer? Edit: Removed my current package to avoid comparison.
Have to agree with fb2017 above. You got way more than your previous job. Should be happy, no? And that's a really good base for 3 years of exp. You can't always compare yourself with other people. There will always be someone with better offer than yours.
I disagree with the sentiment of both comments above. OP is coming from a region where he is getting around market value. That does not mean it is equivalent to market value in SF or at Uber, in particular. I think it would be better to answer OP's question while ignoring comments about his/her current compensation.
This is what I wanted to know.
That sounds reasonable as a base. Note that the bonus is not guaranteed. Also SFBA is staggeringly expensive.
Annual paper money is $260k that means 1M for 4 years right?
That is right ... it is possible but this is all paper money. Only way we would know is post IPO.
More than money bigger wuestion will be whether you can live happily in uber for 4 yrs? I am really not sure that is case. Look at other threads about company culture.
You could have definitely negotiated more RSUs. I saw a few offers with 13200 RSUs. One even got 24000. Base is decent for your experience level.
24000 at eng 2? That sounds like a sr offer.
Unfortunately I did not have team blind last month to ask for suggestions. Also, I did not have any other offer to negotiate with. Honestly, I was not looking for a new job as I was very happy with current one and good package in NoVA. But did not want to close doors when opportunity came.
There are senior engineers at Uber with lower bases. Not many, but they do exist. Check H1B1 salaries. Congrats! You can get way more RSUs though
Depends on who are you comparing with. Compared to who joined in late 2016 when the headcount is almost full, it's a fantastic package. Compared to who joined 4 years ago, the package is nothing because most of them had huge amount of options.
Why on earth would you compare your package to years old packages? That doesn't make any sense.
This is above average base for eng 2 but a bit on the lower band for equity. I think this is a perfectly fair offer. There are many seniors making less base but have double the equity, so take that for what you will. Personally I think the higher base is more valuable since that will anchor you to better packages at your next company.
I was offered 143k base + 6600 RSU or this. I did not play hard at all which made me settle for this.
you got doubled from your previous job. why not good?
Because it majorly paper money. Also was wondering if it is in alignment with the company range.
Because nova money is not the same as bay area money