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1 vs 5 Million - no lifestyle change
I am currently L6 PM at Amazon in Seattle and just got an offer to PayPal (office in Austin). My friends/family are there and I want to move, but do not know local salaries and PayPal levels. is it a lowball? Where I can negotiate? Is the PM-III a downlevel from Amazon L6? base 120K RSU 95K (3-year equal vest) bonus 10% = 12K total 163K sign-on + relo - 17K YoE - 8 including 3 years PM Appreciate any pointers! #paypal #amazon #pm #offer #lowball
Lowballed on the level too.
lowballed hard
Step down from amazon. Why don’t you look for better companies ?
I am in the final rounds with a few companies. Just paypal was the first
Do not go there. I know people who have joined as a director at paypal from amazon l6. TC target atleast 300k
L6 to Director or Lead?
Amazon - your comment is bull shit. Amazon hires new grads out of college as L6 PM, so it’s a big band. Also Amazon’s L6 pay range in Austin is 180-220k - how do I know? I interviewed. And with op’s experience, he/she is not going to make 300k in Austin. Be realistic. Amazon’s L6 PM so over hyped.
Do not accept. Not a great offer. Plus you can move to Austin w Amazon.
What’s your level in PayPal ? 24/25b?
Pm-3, so i think it’s 24
PM here from PayPal Austin. My TC is 185k and this is 2 mo old offer. I have total 5 YOE and 1 yr as PM. Joined as PM3 T24. I’m considering it’s a low ball and low level for myself. Considering your exp, you should be at least T25 which is Sr PM1. And your offer should be easily 215k IMO. Push for 150 base, 150k/3 stocks, 30k joining and 10% yearly.
What’s you’re current TC? You shouldn’t have to downgrade your TC to move to Austin.
I know this is what most people think. I guess Dropbox allows remote work and hence it doesn’t matter. For the majority of us where cost center is a real thing, downgrade is real. I know a guy that was getting paid 215k in Seattle, negotiated for 260k in Austin and was told take it or leave for 225k. So, cost centers are absolutely real for 99% of companies.
My god ! Paypal lowballed the heck outta you. An L6 PM should make at least 250K. Worst cast tc should be at least $200k. Austin is expensive.