Current: Company - Apple Level - ICT4 TC - 305K (base + bonus + RSUs) Offer: Company - Samsung Level - Senior Staff TC - 400K (base + bonus) To people who vote “Stay At Apple” - could you please comment why you think so? I would like to understand your perspective. Are there any real drawbacks in making this move? - in terms of job security, career growth etc. Thanks in advance.
Samsung (and other Asian companies in general) has brutal work culture. No regard for work life balance or personal time. The culture is also very top heavy, where everyone is expected to blindly follow the people above them. All of that can be stifling for a typical American tech worker.
Thank you for sharing your perspective and it makes sense. Regarding the top heavy culture - Apple has it too. All important decisions are made by higher management in secrecy.
This may be true, but I do wonder if Workday has actually worked for Samsung in America or if they are just repeating stuff they read online. It would be best to hear some actual firsthand accounts.
Location?
Sorry, I don’t want to share this info for the sake of discretion.
Np. Is it HCOL or LCOL?
why to left apple? It's important as you can try internal transfer first
I did consider this. Would it be possible to transfer internally with a promotion and pay bump? I have heard this process is very difficult and time consuming…
If you are asking about internal transfer, highly doubt it’s more difficult than external hiring process. If you are talking about internal transfer to a higher band, highly unlikely to happen. If you can’t get promoted in your current position, what do you have to justify promotion in another role where you haven’t proven yourself?
100k more is significant. That’s roughly 5k more a month of 60k in extra savings a year after taxes. That’s enough for a new car release (if you need it), help around the house, kids expenses and still have left over. At the same time apples rsu s are like gold.
Very true! I agree with you about Apple RSUs. The way I think of this is - I could just take the extra cash and buy Apple stocks in the open market and realize higher gains than what I do today. Simply because the TC is higher. I don’t know if it will actually pan out that way 🤞
Apple refreshers are hard to beat even among other FAANGs, samsung obviously can't. Samsung is a majorly a semiconductor/consumer electronics company, here SWEs are not first class citizens. Switching from a majorly tech company to others don't work in general (with HFT being an exception).
I’m not sure what you’re talking about. Facebook, Google definitely give refreshers that are superior to what most regular Apple employees get (unless you are in AIML or some favored org like that). Facebook actually gives way more. E5 (equivalent to ICT4) often gets 150k-200k while a lot of ICT4 just get ~100k. E6 (ICT5) can easily get 250k, while most ICT5 get less than 200k. Even if Samsung gives less refreshers (which we don’t even know is true, unless you’ve actually worked there and can provide data). This is still a $100k higher TC. There’s no way refreshers can easily make up for that, unless Apple stock can double again.
My TC calculation includes the yearly bonus estimates/targets I received from the Samsung recruiter. The estimates are higher than the refreshers at Apple because the level is higher at Samsung. I guess only time will tell if Samsung actually pays me this bonus.
Not even a question stay at apple
Thank you for your response! Can you elaborate why?
Got ICT3 for 148k base and 148k stock over 4 years no sigon. Doesn’t seem like an Apple offer.
Yes that is a pretty typical Apple offer for most regular teams outside of really prized ones like AIML. My offer was very similar. The stock has roughly tripled since I joined, but ultimately it really just brought the TC up to like 300k.
move to the flip side
I literally don’t see any strong reason to stay at Apple. Financially taking this offer makes total sense - it’s 100k more TC in a lower COL area. Refreshers cannot possibly make up for this difference anytime in the near future unless our stock can double or something and it’s already at ATH. Unless you think you are about to get ICT5 promotion in the next 6 months, I would definitely take this offer if I were in your shoes.
Thank you for your response! I appreciate your time. I have been due for ICT4->5 promotion for more than a year. Unfortunately, no one can guarantee when that’s going to happen and what exactly the requirements are. I don’t personally like this about Apple.
Yoe?
12 years
samsung, time to settle and coast amongst the plebs