Netflix offer review

Aug 31, 2018 56 Comments

Got an offer from Netflix. 400K. Current TC at Amazon is ~ 350K.

Is it a good offer considering the cost of living difference between Seattle and the Bay Area. Also, I have upcoming interviews at other FANG, Uber, Lyft, Airbnb.

Should I wait for the results or take Netflix or stay at Amazon?

Edit: YOE: 6

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TOP 56 Comments
  • Netflix / Eng NFLXnChill
    $400k is more than median pay for senior software engineers here, without knowing more about your domain, current level at AMZN and YOE, it’s hard to say. Netflix makes an offer based on your market value for the skills you have, and doesn’t negotiate much. It’s mostly take it or leave it, unless you have some special skill.

    Also, Amazon employees total comp is increased because of stock growth mostly. I have seen Google and FB hardly matching existing Amazon top performers, when they try to move. Again, this is based on my limited dataset.
    Aug 31, 2018 10
    • Netflix cKiM08
      Yeah. It really isn't a negotiation if I understand correctly. You can provide new data that either proves our internal research wrong about your individual market, or you provide data that shows we have your market wrong, as in you have skills to suggest we should adjust comp accordingly.
      Aug 31, 2018
    • Another question... how long is the Netflix offer valid for?
      Aug 31, 2018
  • Facebook Veal
    It depends. If you are coming up on a cliff with a drop, namely 350k TC with a 100k drop, it's is a different discussion vs. 350k TC with no drop.
    Aug 31, 2018 3
    • Microsoft MsftZune
      Just get more refreshers
      Aug 31, 2018
    • Facebook Veal
      Not all. It all depends on when someone joined. You're in year 3, which means you'll see the most $$ this year and next. Have Netflix make up for the lost stock and time when you leave AMZ, to make the most $$.
      Aug 31, 2018
  • Microsoft TellMyWifi
    Cost of living increase is roughly 30-35% so the pay increase needs to be at least that.
    Aug 31, 2018 0
  • Microsoft Jim Raynor
    Why do you need more money? Why are you considering such a tiny increase? You should be asking above $500k
    Aug 31, 2018 1
    • Amazon / Eng bujl03
      +1
      Oct 23, 2019
  • Netflix / Eng 3ngin33r
    You should think about your comp, but at the same time also value the cultural differences between companies.

    I used to be at another FANG company before Netflix. It has been a night and day change for me. I like the environment here quite a bit. Also my TC has grown dramatically over time. It has helped that when I joined the stock was ~250$
    Sep 1, 2018 3
    • Netflix / Eng 3ngin33r
      There isn’t any pressure at all. It’s all created by folks who have never worked at here. Put yourself in the shoes of the company/manager, why would you fire anyone if you can invest and grow them. It is not easy to find talented people to begin with
      Sep 1, 2018
    • Netflix txLx48
      +1. Everybody that I know who has been fired was given a chance.
      Sep 2, 2018
  • Netflix / Eng Yggsy
    Similar to most of the comment above, you should compare $400 with your target comp and not your current TC.

    Congratulate on having a great TC currently, but keep in mind that what you’re seeing is due to stock appreciation. The $400 at Netflix is guaranteed minimum TC for each year. You can also invest in stock options and make more due to NFLX stock growth.

    Also, $400 for 6 YOE is not low by any means. I was on a similar boat and joined a few months back at $375k. Ping me separately if you want to chat more.

    I’ll suggest approaching negotiation very carefully and thoughtfully.
    Sep 1, 2018 0
  • Uber wVFd68
    not worth it. Only 50k more and you are going into totally different culture.
    Aug 31, 2018 0
  • PayPal / Mgmt
    Tickle

    PayPal Mgmt

    PRE
    eBay
    Ticklemore
    You’re 350 in Seattle now?
    Aug 31, 2018 2
    • Amazon AMZN$
      OP
      Yes
      Aug 31, 2018
    • Amazon Gjdyveycc4
      I think he’s counting his stocks appreciation in TC
      Aug 31, 2018
  • Netflix FQKW54
    I would think about what you’re optimizing for big picture. State taxes and housing are different, so there’s no getting around that if you want to move. But I’ve seen Netflix career and income trajectory be very competitive, with less leveling / ceilings than some of these bigger companies. I would spend more time thinking about where you want to work and live. You will be paid well at most of these companies. Where will you be able to use your skill set and learn the most? That then translates back to your marketability long term too.

    Would also note that many employees do not live in Los Gatos proper — lot of other neighborhoods to explore.
    Sep 1, 2018 1
    • Amazon AMZN$
      OP
      I’m leaning towards Netflix for the reason of career trajectory. It’s becoming increasingly hard at Amazon to work on interesting projects
      Sep 5, 2018
  • Apple Iwkq80
    I think you should really evaluate non-appreciation based TC. Netflix isn’t effectively going to be less TC based on their stock performance. So if you exclude appreciation, it’s 400 vs ? I think this is a more accurate comparison.

    Now, most other people are right. Los Gatos is a very expensive area. Something to keep in mind
    Aug 31, 2018 0

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