Recruiter said they will be making offer, have a call scheduled with them later today. Got down leveled as I had interviewed for SDE III. What should I expect in terms of compensation. Any suggestions for how to negotiate this? Which teams are good for tech growth / WLB. This is for NYC location. Backend engineer, 10+ YOE
Don't expect any bump in your TC for at least 4 years, even if you get promoted. Unless Amazon stock doubles. Also when negotiating don't forget that they discount your stock at 15 percent projected growth annually.
Okay this is new to me. Could you please take an example to explain how this discounting as per growth projection works? Stock hasn't grown much in last two years. So want to understand possible implications. Also what is usual / avg appraisals. If promotion doesn't change TC for level up. What decides that. Other than leetcode and another switch 😄
It's your base + sighn on first two years + stock grant * power(1.15, yourCurrentYearAtAmazon) equals promised TC. So technically you're getting less than you're promised - Amazon TC is not a true TC. Also even if you get promo in two years, they'll put you at the bottom of SDE 3 band, which might be less than whatever you will get as an SDE 2 hire.
Recently I've seen offers for SDE 2s as high as 315k in NYC/Bay Area
Good to know. Will help in negotiations.
Whatever they offer tell them to add a lot more. Amazon pretty much sucks to work for and NYC is expensive
How did this go dude?
If you’re almost an SDE3, expect $270-280k TC. There will also most likely be no refreshers for the first 4 years.
Thanks that is good info. Is that for SDE 2 or for all levels? How the growth typically is for good performers?
SDE2. Good performers might get promoted, in which you’ll be put bottom of the band which is extremely close to the top of the previous band. Not much TC change when promoted.