Leave FB for TikTok?

Jan 17, 2021 25 Comments

Joined FB as new grad, almost at 1 year mark. TikTok offering me 175k base, 100k signing. Stocks are low and their vesting is trash. 25% bonus for base.

Current FB tc is 118k base, but 230k stocks. Also only 10% bonus for base.

Main concern is leaving FB before I get to one year mark. But the TC bump is rlly high.

FB also set me up for success. They put me in a huge leadership role for being an E3.

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TOP 25 Comments
  • New
    GWDE10

    New

    GWDE10
    What's the point of joining a pre ipo company that won't give you stocks
    Jan 17, 2021 2
  • Facebook / Eng
    bitforbit

    Go to company page Facebook Eng

    bitforbit
    1-2 or 2-1? If 2-1, then RSU is low (I would rather have lower sign-on and more RSUs)

    If 1-2, great cash offer. But you are missing out on the growth of the company. Your base is already in the 2-1 band so don't expect big increases after promotion.

    I would just stay and get an E4 then reinterview at 2-1/2-2 for significantly more RSUs.
    Jan 17, 2021 2
  • Wish
    Iwish

    Go to company page Wish

    Iwish
    Not worth for the pay bump they should at least give 290k TC per year for it to be worth
    Jan 17, 2021 3
    • Wish
      Iwish

      Go to company page Wish

      Iwish
      He said 300K first year then 220K recurring
      Jan 17, 2021
    • New
      GWDE10

      New

      GWDE10
      He guessed* and calculated wrong.
      Correct TC is 175(base) + 150/4(stock) + 100/4(averaged joining bonus) + 43.75 (25% Yearly bonus)
      Comes out to be $281,250 average per year.
      Ofcourse not equally divided because of front loaded joining bonus.
      Jan 18, 2021
  • 230/ year or across 4 years?
    Jan 17, 2021 2
  • VMware
    ..:::..

    Go to company page VMware

    ..:::..
    Do you have return your 100k sign on bonus if you leave before 1 year? Enjoy your ~290k tc.
    Jan 17, 2021 3
    • Google
      gCalPsi

      Go to company page Google

      gCalPsi
      What does this mean?
      Jan 17, 2021
    • New
      GWDE10

      New

      GWDE10
      I see it as $193,500. Where do you see the extra $100k? Unless you thought that $100k bonus is Facebooks and not TikToks
      Jan 18, 2021