Netflix may potentially be extending me an offer. What's a good number to expect? Been at FB for 5+ years, around 6.5yr total experience. Interviews went reasonably well, although I think I didn't do too well in one of the VP rounds. Does Netflix usually negotiate? Consider beating competing offers? What's a good TC to ask for (seeing how there are almost no benefits)? Edit: For people asking my current comp: I am hoping that doesn't come up during the negotiation per the new law that went into effect. That said, it's kinda meh (~200k), which is part of the reason why I'm looking to switch. Edit2: for everyone following along: I did end up getting an offer. It is in the 400k ballpark (don't want to give exact numbers for confidentiality). Didn't try negotiating.
current level?
This is quite crazy. What is op current comp and level
700k/yr does sound a bit insane to wrap my head around :-) Due to a few bad choices, I'm at E4. Also part of the reason why I'm looking to change. Having vested my initial grant, I make nowhere close to the numbers you have calculated. Thanks, though, for giving me an idea of how far behind I am :-\
At least 350k.
Fb for 5 years+, should be E5. Usually go for at least 20% increase. If Netflix is a higher level then should be much more.
Netflix has no engineering ladder. They only have senior software engineers
OP probably already makes 600-700k. Netflix wont be able to match that. Stay at FB or move to Google. NFLX is a company that can move you from a 250-300k job to a 400k-450k jump. Don’t think they pay senior engineers over 600k. Best of luck.
You can only compare two companies as if you join now. I've got over a million gain on nflx this week, because Netflix provides an option plan that you can choose how much salary you want to put in equity. Many of my peers got 8 digits gain over the last few years. If you want to compare equity gain, Netflix provides a better opportunity than any employer.
Equity gain isn’t recession proof. Hope you are diversified.
I don't understand this meme that we have no benefits. We don't have a gym or free massages. Or tuition reimbursement. Otherwise, we have everything everyone else does - subsidized health care, 401k, donation matching, ride share subsidies, free food, generous time off, etc.
Ride share subsidies (outside of actually working at uber/lyft) are a thing?
Yes, you can take Uber or Lyft to and from work. Employer pays the total. You have to pay the payroll tax however.
OP, it will be great if you share your FB numbers and Netflix numbers once you get the offer.. if no one shares their actual numbers, and talk only in relative terms then having such threads are not beneficial for the community..
i don’t understand how you’re only e4? did you transfer roles?
I did, yes. And my (E4 to E5) clock was not supposed to reset then, but it happened to be because of some miscommunication. Since then, I've not been promoted to E5 and am now at the end of my time.
Something to keep in mind is that one aspect of top-of -market is experience. There are many engineers there who have 15+ years of experience. $700k with 6 yrs seems a bit of a stretch.
To start with, what’s your current comp?
It's not allowed to use that information for salary negotiations now. So it doesn't matter
Hoping that doesn't come up, because my current comp is not good!