Education : B.Tech From Tier 1 college Years of Experience : 7 years 8 Months Prior Experience: Established Indian Startup Date of the Offer: 24 Apr 2024 Company: Microsoft Title/Level: L63 Location: Bangalore Salary: 52 Relocation/Signing Bonus: 6L for first year , 4L for second year Stock bonus: 80K USD Bonus: 15% standard Total comp (Salary + Bonus + Stock): 80 for first and second year Prev TC Comp : 57 I think I am being offered very low stocks, Can someone suggest how should I go about negotiation. I just got the offer today and don't have any competing offer as of now. #microsoft #L63
I can help you with that as I have recently negotiated for around 50k more stocks. And my situation was exactly similar. You should straight away tell a number with a logic and say that otherwise you won't be able to accept the offer. Your offer is 50+7.5+16 = 73 LPA. Tell them that you are expecting at least 80-85 LPA and for that, the stocks should be 120k. Otherwise it will not be feasible for you to join as the current offer is way below your expectations.
Check for the fix also. I have seen 70.
Is that the upper band for L63 fix component?
You can confirm from other websites. I will recommend leetcode
Microsoft is big on stocks during negotiations. Try to negotiate more on that. I had a similar stock number for L60
What stock component should I expect for L61?
What is your previous TC break? If previous was all fixed then you should ask for more shares value at least.
Yes. You should get 80 to 120 stocks