The recruiter mentioned that the base can go all the way to 185000 and rsu per year up to 85000. With approval. Does oracle give yearly refreshers? How much will it be next year? Recruiter said that this year most of the people didn’t get refreshers. #tech #oracle #oci This year I’m anticipating a promotion and the base can go up 10% and bonus to 15% of base. Not sure about Rsu, but ebay rsu is bad anyway.. heard 45k for next level this year.
Calculate where you are going to make money in 4 years? You need a change of place? Growth opportunity etc However if it is just the numbers shared - for 20k does not make sense to switch.
My plan is to move back to India by internal transfer in few years. So i can take just as much pay. Better title. Ebay doesn’t have offices in hyd where i want to live. Also they don’t have development in India.
You got your priorities! Good luck
Signon bonus is divided in 1 year or two years ?
One year
What’s your YOE op?
This seems like a low-ball offer. Oracle uses an asinine RSU bank concept and some of us are running out of RSU budget to hire people. If the bank is empty, our offers are much worse. It won't get better until July.
What’s after July ? Why I’m so you think it’s going to change then ?
That's when the RSU budget gets replenished.
There will be no hike of any sort. No bonus, no refreshers, no base hike, even to cover inflation, nothing, even if you'll be a high performer.
Benj - why do people stay if no refreshers after initial grant runs out?
Lol, just like Amazon. They announced two days ago. I guess they can get away with this, because everyone is doing it. Just like layoffs.
@ebayMawa How was the tech screen and onsite ? LC Medium or Hard and how was system design ?
Medium at best. Sys design was simple as well.
@op In how many days after your interview did you receive news from.recruiter that you have cleared interview ? I gave last week Monday but still no response, hence wanted to understand the timelines
Got next day
Good luck
OP did you get offer letter?
Not yet
Did you get it now?
Oracle offer is better but there’s no refreshers only 🥜
Is it the trend for a long time now? Can you elaborate on how much it was compared to initial rsu numbers?
@ebayMawa the refreshers come in the form of performance bonuses. Not everyone gets them; typically they are reserved for people that get 4 or 5s on annual evaluations. In my organization those are $75-$150k spread over 4 years. I have heard mixed things about refreshers at the four year cliff.