CompensationSep 14, 2019
Microsoft?0-*y3

Jet/Walmart offer evaluation

Please evaluate offer from Jet/Walmart, Hoboken, NJ for senior software engineer. 168 base 20% bonus 25k signon bonus (10k first 15k second) 40k each year regular stock grant (vesting 25% over 4 years) 40k onetime stock grant (vesting 25% over 4 years) Can I negotiate more on signon cash bonus? Yoe - 6

Bloomberg #4thecode Sep 14, 2019

Where in NJ? I think it's quite good given NJ income taxes and COL. What about 401k?

Microsoft |0-*y Sep 14, 2019

It’s in Hoboken. 6% 401k match but starts in second year.

Bloomberg #4thecode Sep 14, 2019

That's more than what I get match wise. I think you should take it. If you're into savings, there are good options to have more $$ in your pocket, but that would mean moving in jersey

Microsoft MwzK56 Sep 14, 2019

Good offer. You can probably get more ($250k+) as SDE2 at Amzn.

Bloomberg F.U. money Sep 14, 2019

Wait... So for the first 4 years how much stock are you getting total? 40+40 = 80 or 4*40+40 = 200???

Microsoft |0-*y Sep 14, 2019

They have different vesting schedule. First 4 years its total 140k stocks. 40k one time + 100k regular (10 1st yr grant + 20 1st and 2nd yr + 30 + 40 ).

Bloomberg F.U. money Sep 14, 2019

Oh... I must have misunderstood my offer then. Can I DM you?

Jet fpisfun Sep 16, 2019

you can negotiate 15-20k more on base and try to get all 25k sign on in year 1. But seriously don't come here if u r considering us because of jet as jet no longer exists, everything is Walmart now, come only if u r ok working with Walmart standard talent and having walmart on your resume, lot of jet folks are not ok with that and hence leaving (me included).

Jet fghgddrw Sep 28, 2019

Yes, I am leaving as well.