1. Current TC at Nvidia India: 1.6 crore INR (80 lakh base, rest in RSUs based on the current stock price). 2. Pre-IPO US startup in Bangalore with $4 bn valuation. Can't name to keep anonymity. 1.05 crore INR base + 145k USD ESOPs per year (based on valuation in funding round in October 2021) + 15 lakh joining bonus. 3. Apple USA: Got a confirmation that they will be going ahead with offer but yet to receive numbers. Need info on what kind of offer to expect so that I can negotiate better. In joining start-up, my concern is that I will be trading RSUs with ESOPs which have no liquidity and higher risk. What should be the minimum TC on which I should consider moving to US with wife and two kids? YOE: 15 years #nvidia #apple #indiasalary
Congratulations insane money 💲💲
Congratulations.. way to go. One advice.. as attractive and glamorous an us transfer could be, you would be in a real immigration mess unless you come and qualify for eb1 category. Make sure you research on this before making a decision since your wife and non citizen kids' education and career could be a nightmare on an endless h1b and dependent cycle. With your skillset and compensation level, remember you are having a kings life in India, relatively speaking.
Thanks. Yes, I am aware about Visa issues. My plan is to come back to India if I face such issues. I think I can easily join back Nvidia India whenever I want. It might be an issue for kids to settle though.
It's not 'if' you face such issues.. you WILL be at a huge disadvantage unless you can get a green card in 2,3 years in the eb1 category. Every other category is decades worth of waiting time and I know many people who have regrets coming over, or have moved on to other countries like Canada. Money is one thing, but if your kids cannot even qualify for a basic scholarship or switch to student visa or your wife having to give up a career are just not worth it in the long run. Good luck!
Do you have US work authorization ? How Apple is ready to hire for US location from India ?
They are going to park in London for a year and then try for H1. If H1 doesn't work, move me on L1.
Great. I am also in Nvidia. Can i dm for a few more questions ?
Great offer, would really like to learn from you as a budding engineer. Shall I DM you?
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What are you looking for ? 3 sounds like a bigger change than 2, if all you want is to stretch your arms a little bit. At this TC, I doubt the new money will lead to a change in lifestyle. Also, whats ur current level in NV India ?
Main motivation is to increase TC and savings. Moving to US is not primary motivation but will consider this only if I can get at least 2x savings. I am currently IC5.
Assuming 40% tc savings, you should ask for > 450k for 2x of current savings. I am assuming that you have been IC5 for a while, so that number should be possible.