I accepted Oracle verbal more than 2 weeks back but still waiting for formal offer letter. It is not for OCI it is for Oracle, Washington DC area for SMTS position. My offer is pending for approval with BoD. I have another offer with little higher base salary from a smaller company which can’t wait for more than 3 days. If I let Oracle HR know that I have another offer will it help in expediting the approval for offical offer.
Oracle is cheap. When I was there, an expense of $25 went up to VP for approval.
$25 more and you'll be having 1:1 with Larry and may have to bring witnesses along 🤗
BoD takes forever. You may want to find out the status of the background check, but they may tell you that it is still going through the processing.
OP - Go for higher base. Bonuses and stock refreshers are rare at Oracle. Depending on your comp package, BOD can take anywhere from 4 weeks to 4 months.
When there is already public stock on the table, TC is better. Odds are OP won't stay at either place >4 years to need a refresh. And no bonuses here or at startups. Correct on board approval, it can take eternity. Definitely not three days.
I thought it depends on Offer numbers? Mine was IC2 and got the offer letter in 3 days. Could you mind sharing numbers? My offer was 140-165-20
Here in IDC there wer cases of 4-6 month delays, its okay to be patient for a couple of weeks in oracle 😝
May I know if the offer letter was finally received by you and what was the time frame
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No just normal BOD process. Hiring mgr needs to push approval. Totally normal