Qualtrics Offer
Just made it through the process but haven’t had the compensation discussion yet. Senior role in one of their field teams, based in Seattle. Any idea on compensation, stock, etc?
Not sure on compensation. One thing you should be acutely aware of is what level you will come in at. If you come in at the top of a level your raises will be capped. You're also not eligible for a promotion for 2+ years. Push more for level than you do for pay. Don't accept without knowing your level and where you stand in band and hierarchy. Better to be low pay in a high band than high pay in a low band
Absolutely agree.
In my opinion, it’s better to get top of the band pay for lower level because it means you get paid max money for less responsibility. Also changing jobs every one to two years helps because you don’t have to play the waiting game for promos either. Just keep hopping and negotiate top of the band pay at every place.
They are fairly willing to negotiate. What they will tell you is "we will have to go back to committee and you may lose your offer if we go for higher level. Absolutely DO NOT accept an offer without knowing your band and where you stand in it. For example, I'm high in my band, got significantly exceeds expectations, and only got a token raise (2.5%, no refresher). While people I manage who are low in the band who met expectations got about a 10% raise. Where you are in a band, much more than your performance, will determine future increases. You want to come in low in the band - it's a long way of saying "negotiate level over everything"
If the recruiter won't tell you level and where you are in the band, don't accept. Just tell them it's a deal breaker and they'll tell you
So, if you no longer have RSUs to vest I guess you will get refreshers no matter what. At the same time if someone is happy with TC he negotiated, why he/she should care where in band they are?
So the offer was 120k (no sign-on bonus or stock) for L4. In their field. Seems like a lowball offer? I’m L62 now
You'll get good raises, but won't get a promotion for 2 years. You start getting stock at L5. You can negotiate that offer up
Is this a new policy that L4 and below doesn’t get RSUs?
Yep. SAP policy. Engineering L3+ gets stock still
This has changed significantly with the SAP component. Level 1 employees no longer get equity and their salaries are no longer negotiable, but you’re applying for a role much higher than that and also in BU that will expect you to counter. I do not work there, but got an offer a couple years back and comp was *not* competitive then and from what I hear (a dozen friends work there) that hasn’t changed all that much. When you say Sr. Role, I assume this isn’t in Sales?
Not sales, no. Hard to say more without giving anything away, but it’s not an SDE role. As is explained to me, it’s probably similar to a TPM in responsibilities. Like you said, the SAP acquisition has changed things and I have no idea what to expect since I’m not sure if the data available is still valid post-SAP. But thank you for your input!
Gotcha. I wish I had better info. 3 years ago, those roles got ~2,500-5,000 RSU and salary was between $95-120k. Best of luck to you!