Hey, Just received an offer from Nvidia for Senior DV in Durham,NC. Will be negotiating the offer soon. What will be a good number to ask for TC (Base/Stocks/Bonus) + Sign On Bonus ? My current TC Location : Bay Area Base : 199K Bonus : 25-30K per year Stock Grant : 120-150K granted per year (each grant vesting over 4 years) YOE : 11 Thanks in advance for the help. #hardware #Negotiation #Nvidia
What is your offer??
Haven’t got one yet. Will be negotiating today or tomorrow. So wanted to get some insights before having the conversation
I think TC in North Carolina is unlikely to go much higher than $200k. You are likely looking at a huge paycut. Is there a reason why you are moving there?
Yeah, I also think I will have to take a pay cut. But I wanted to get an idea of how much I can ask for at NC. Given the reduced expense at NC it might be ok. Tired of Bay Area and want to move out
Even with the pay cut the effective savings and quality of life would be far better. Bay is getting shittier everyday. My friends working in semiconductors in NC say great things about the place and how much house even 150k per year can afford you!
You getting ic4 or ic5? You'll probably be offered 4, but 5 doesn't have to be out of the question. I'm ic4 hw in Durham. Base around 170 and refreshers around 50k. You could probably ask for 175k base; I don't really know how they do initial grants but random guess you might be able to get 400 working backwards based on refreshers.
Thanks for the info. This helps. Is the 50K refresher yearly ? Also does Nvidia give yearly cash bonus ?
Ic4 hw RSU refresh seems to go from 40-80k or so per year for.. Let's say the middle 50% No cash bonus at nvidia Durham area COL is VERY low compared to anything you're used to on the west coast
What is your unvested? Don’t you want that to be matched.
Not sure if they would match it. But the 400k sign in RSU seems good. Do you think I can ask for higher ?
Don't rely on my 400k number, that's just a guess :) If you have higher unvested (likely given Apple), your best move might be asking them to match your unvested amount
@nvidia: what’s the refresh like for IC5/IC6
OP: moving to Austin not a possibility for you being at Apple? Does it have to be NC?
@nvidia - What are annual refreshers for IC4 for successful rating to start with?
You will likely be around 170 base and 40-60 refresh. So ya the TC goes down but you will pocket much more than you do now. Great plan and honestly many people seem to be leaving as well
Can i please get a referral?
Did you get the offer?
Still waiting for final numbers. They seem to be taking time
They seem to be very slow with going from verbal to written offers especially since they apparently need to contact references. I myself have been waiting for quite some time for a written offer
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Your current TC itself is wonderful. How many years did you spend at Apple and what was the raises u got to reach 199k?
At apple for 7 years. 4 years experience before joining apple. Got some good raises during the promotions which helped
Awesome. Can I DM?