Low balled my self in panic OCI

5d 18 Comments

Recruiter called me before setting an interview about my salary expectations and said they are going to decide if they would interview me or not based on that. I panicked and said 160 to 200k.

I am on the East coast currently with the cheap cost of living city, 2 bedroom apartment rent is 1200 here. Making the base of 105k + 10k on hire stock + bonus and have offer from IBM for 120k base + bonus. I would prefer to go with OCI as I really liked the project and as I have many friends in Seattle.

I am getting considered for IC2 as I didn't do so well in system design.

How would I negotiate from here. I would really prefer a base of 140k + 40k stock per year (160k stocks) or higher. Supposed to receive call on Wednesday for initial offer.

Current TC: 125k
YOE: 3

Edit 1:
Update: Got offer for IC3 150k base + 80k stock per year (320k stock over 4 years)

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TOP 18 Comments
  • I got 230k from oci
    5d 6
    • Why would you leave google for oracle?
      5d
    • Google oohW14
      Maybe they left oracle for google 😀
      5d
    • I used oracle as counter, ic2 2 yoe
      5d
    • Microsoft GdXH25
      OP
      That's pretty good for IC2. I got offer for IC3 instead.
      3d
    • AT&T zYcX25
      Nice when did you interview
      3d
  • IBM KgLd81
    Keep in mind that at IBM you will get no pay rise and no bonus. So it is a temporary move at best.
    5d 2
    • Salesforce / Eng
      123kona321

      Salesforce Eng

      PRE
      BAE Systems
      123kona321more
      Ouch
      5d
    • Microsoft GdXH25
      OP
      Yep, that was the plan.
      5d
  • Hubspot icedout
    $1200 for the entire 2 br apartment?? Seems like really low COL. I think you'll need at least 200k in Seattle to justify moving judging by the fact that an average 2 br in Seattle is around 3k.
    5d 5
    • Lyft / Eng 1👌1
      What's your math? 1800*12=$21600 post tax = ~35k pre tax income to pay the rent difference.
      5d
    • Hubspot icedout
      There are other costs in high COL cities, e.g. transportation, food, etc. The same activity (e.g. a gym membership) will likely be twice as expensive.
      5d
    • Microsoft GdXH25
      OP
      Got the offer, increase in base covers the rent increase, so monthly savings will go down but RSU will more than cover it.
      3d
    • Hubspot icedout
      230k is a great offer! Congrats!
      3d
    • Microsoft GdXH25
      OP
      Thank you. It's for IC3, which I wasn't expecting.
      3d
  • Google yobloop
    What’s the problem? Your first offer will be 150k and then they will up it to 170k. That would be a nice raise on your current and within the range you want.
    5d 1
    • Microsoft GdXH25
      OP
      Not that big of a bump since living cost would be a lot higher there. My rent is 1200 here for 2 bedroom apartment, there it will be 2600-2800 for similarly sized apartment, everything else would be expensive as well.
      5d

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