Microsoft L64 - Offer Evaluation

Leidos
dcgump

Go to company page Leidos

dcgump
Feb 2, 2020 20 Comments

I currently work in the DC metro area and my current salary is $210K (20+ year experience) No bonus or stock options but the usual benefits like 401K, health benefits, ESPP etc....I have an offer from Microsoft and it's L64 (Sr. PM role in Azure). I tried my best for L65 but no luck. Here is the offer breakdown

Base - 150K (this is $60K less than my current base)

Sign-On Bonus - $20K

Stock Option - $50K (5 year vesting) - 12.5 per year

Performance Bonus - 20% (10% UBI and 10% CBI) - minimum of $30K but could be more

Clearance Bonus - $22.5K (15% of base)

Annual Stock Grant - $25K per year

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TOP 20 Comments
  • Google
    Drunk ๐Ÿฅด

    Go to company page Google

    Drunk ๐Ÿฅด
    This is so low in all divisions.
    L64 salary should be somewhere around $175k
    Initial stock grant should be ~$200k minimum, $300k average.

    I am talking about SWE but PM shouldnโ€™t be that different

    Edit: my numbers assumed Redmond location
    Feb 2, 2020 0
  • Uber
    Pink ่ง

    Go to company page Uber

    Pink ่ง
    Why would you take a massive pay cut?
    Feb 2, 2020 2
    • Micro Focus / Eng
      mesa14

      Go to company page Micro Focus Eng

      mesa14
      Because working with spaghetti code is fun.
      Feb 2, 2020
    • Leidos
      dcgump

      Go to company page Leidos

      dcgump
      OP
      Well yeah but MSFT and FAANGs are all about bonus and stock is what I have read and told. For ex: When I add up all the numbers - my first year is almost the same or a bit better but the problem is, there is a BIG astriex on the bonus, stock grant - says "performance based" but should be able to get target. So when I do the math
      150K (base) + 15K (bonus 1) + 15K (bonus 2) + 22.5K (Top Secret) + $20K (sign on bonus) + 12.5k (1/4 of the 50K signon bonus - vested number)
      Feb 3, 2020
  • Microsoft / Eng
    bebK16

    Go to company page Microsoft Eng

    bebK16
    Clearance, DC area, you're a JEDI data center monkey. TC is pretty solid for someone who's job is going to be to physically go into data centers and try to debug shitty code by having someone else read you error messages, and then you relay those back to Redmond.
    Feb 2, 2020 0
  • When I was L62 and my base is $149K

    Iโ€™m not in Washington
    Feb 2, 2020 0
  • What org is this in? Base and initial stock both seem low for L64 (all of the bonus work is predicated on level + base). Should be able to negotiate both up.
    Feb 4, 2020 2
    • Leidos
      dcgump

      Go to company page Leidos

      dcgump
      OP
      Services
      Feb 5, 2020
    • This makes infinitely more sense then. Still think you probably have 5-7% of room to negotiate on base and probably 30-40% on initial grant.

      There's a huge hiring push for field roles with security clearance after the JEDI win but at the same time there's a huge talent pool in greater DMV area with similar backgrounds.
      Feb 5, 2020