I was recently offered an L3 position at Google coming in with a bit over a year of industry experience. For other companies I interviewed for, I was given more senior offers (like E4 at fb or equivalent at some startups). I ended up choosing Google, however, due to the extremely strong package I received (~260 TC) and better work-life-balance. My question is how quickly can I expect promotion to L4 having joined with what appears to be a stronger offer otherwise usually associated with down-leveling (or in my case doing good with interviews and negotiation)? Also, would promo increases be %-based for salary and equity, or is it more dependent on your manager just coming up with his/her own numbers that they see fit? Does coming in with such high comp (like getting top-of-band L3 equity) downplay promo increases? Thanks.
Shoots 260tc for l3 seems like an awful lot. I’m negotiating for 270tc as t4! Well done 👌🏼
One year is do-able for L3 to L4 but that partly depends on your team, manager, and luck. Salary increases are determined by formula at level and rating with manager discretion on top of it. If your base is already high (like 130k+) don’t expect a big base bump after promo to L4 (about 6%).
Thanks for the helpful input. What about stock refreshers? Are they done every two quarters and based on proportions of existing equity? And do you get equity increases determined by similar formulae on promotion?
Once per year based on rating and unrelated to existing comp. No equity increase directly on promotion just a higher factor at end of year comp planning based on the new level. Only base increase right after promo.
Are you spreading the sign on to 4 yrs?
No is that what people usually do here?
People tend to not count it in TC or mention it separately
U got E4 at fb with only 1 YOE?
Yeah how the heck?
Man, I got 160k at L3. 5 years experience.
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Damn 260 TC at l3?
260 is not surprising. This offer with little over 1 YOE is surprising for me.
This includes the 15% bonus and a 40k sign on