Apple ICT4 offer eval (swe)

Apple
hddg0

Go to company page Apple

hddg0
Aug 12, 2020 61 Comments

Offer is for my friend (I'm hwe):

Swe, Seattle, ICT4, 5 yoe, AI/ML org
180k / 600k(over 4 years)/ 75k
Recruiter told him 10-15% annual cash bonus, plus 100k-150k annual stock refreshers. (Can someone please verify this?)

Update: he's concerned about the stock price as it's ATH now.

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TOP 61 Comments
  • I have a similar (slightly higher) offer from Apple AI/ML. I'm definitely pushing back on the RSU - would've been fine with 600K 2 months ago, but as of today definitely needs to be at least 800K given the ATH.
    Aug 12, 2020 10
  • Airbnb
    abnb_

    Go to company page Airbnb

    abnb_
    I’m about to join Apple soon. When I had my offer stock was at $350ish. I was hoping it goes down, but not we all know where it is. I think I’ll get it at 500 something if I get it on Oct 15th.

    But I can never time this. So I don’t care as long as long term it goes up. I’ll get those over 4 years anyways.
    Aug 12, 2020 11
    • Apple
      cgdhz

      Go to company page Apple

      cgdhz
      To your friend: Congrats and welcome!!! That’s a really good offer! It was ATH when I joined years ago too.. now they are doing a split. Don’t let others discourage you, you are right in your thinking of looking long term. There will also be yearly refreshers. If the stock price during vest isn’t what you like, just hodl and collect dividends.. anyway most ppl would sell a year after it vest anyway for the lower long term capital tax gains, pretty sure that 1 year or more would get you a price point you’d like to sell.
      Aug 18, 2020
    • eBay
      -hodor-

      Go to company page eBay

      -hodor-
      @Airbnb what was your offer break up and yoe?
      Aug 24, 2020
  • Apple
    riavo

    Go to company page Apple

    riavo
    It’s a solid offer, congratulations. Especially in Seattle, with no income tax!

    Annual cash bonuses for ict4 vary but 8–18% is normal. it is entirely up to the manager, but I’ve never seen any lower than 8% for average performance.

    100-150k annual refresher grants are also normal. I’ve had a bad year with a 60k grant, 110 average.

    Most offers will not have the annual bonus and refreshes written, not even a range. That’s Apple.

    I don’t know of any company today agreeing to “we will give you $1M because stonk is ath”. The company line is always “Look how well the stock has done; work for us and help it rise 6X again”.

    Sign on bonuses can easily be $50k if you want to ask for it (I personally feel it’s ok to forego because it is one time).

    Annual raises have been decent. For me it’s averaged 5% per year.

    Stonk was ath last year too. And the year before that.
    Aug 25, 2020 0
  • Uber
    uberzz

    Go to company page Uber

    uberzz
    Ita a very good offer considering yoe
    Aug 12, 2020 0
  • Were u asked Leetcode Hards ?
    How about system design ?
    Aug 12, 2020 5