Currently L6 PMT at amazon with TC $340K. I interviewed for Meta for an E5 PM role and this is the offer Base :185K Bonus:15% Sign on: 25K Equity:200K across 4 years. Tc for years 1 ~287K What kind of an offer is this ? Why are they lowballing ?
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I’d take it for remote
I negotiated for remote but company policies say no
Lowballing because they can. The market is flooded with talent and they know that no one is hiring.
Yep I guess that’s why
Are you sure is it for E5?
Yes. That’s what I was told.
This can’t be real… Equity is way too low.
Yep. Equity is 🥜
That’s crazy! With the inflated stock price, doesn’t make sense to accept
Officially rejected the offer.
Yoe?
10+, 6+ in product.
Did they not budge?
No. Their original offer was ~240K. I negotiated it up to 285. But that was their best and final.
Is this for PM or program manager?
Offer is based on interview perf + if you have competing offers. Current L5 offers are 285-385, above or below that is general out of band.
Well for those peanuts they can hire from the recently laid off 'band'. Nobody with a good job and better TC is going to take that....it's a shame that people have to go through a hiring marathon and then get presented with such non sense.
😂 you're right. Peanuts... These top talent should really consider going to way better companies that rolls out the red carpet for a L5
Is this for real ? Which location ?
Yep! It’s for DC