Got an offer from Robinhood for a staff engineer role. TC: 550k. Is it worth to join Robinhood now ? Stock is declining everyday. @robinhood people - looking for advice here. I have a competing offer from a well funded series D startup(TC is smaller than RH).
Damn thats a good offer
I was at Robinhood not too long ago. That place sucks and most senior devs there are at best L5 at Amazon. The worst part is leadership lying to you every week during all hands. However, the offer is good so if you can deal with all the bs then it might be worth it :)
How is the work culture there ? I was at Aws before and it sucked even though tc was alright , so jumped ship and now looking to move again . Could you please share anything about the tech stack and wlb.
F5 - Why do you want to move again? Are you at F5 currently?
Yoe? And what do you have to lose
If you are @Twitter its ez jump off lol
All of us is trying to land a new job. 😔
Is it easy to get internally promoted ? Found out a bunch of engineers grew almost every year and reached senior staff/principals/sr principal with very low YOE.
Promotion(staff to sr staff) is very hard unless you are liken by senior leadership (no by the work you did but by politics)
Which org in rh?
Infra
Pretty good team. Less drama than other team
At Robinhood, you’re guaranteed 250k+50k+50k (if the stocks slide all the way to zero). What is your offer at the startup? If that beats this base, then you should choose it. More importantly, you’re staff engg, the problems you’re trying to solve should be more interesting than company brand name
Startup is offering 300k (base but no bonus) and 1.2M RSU- 600k TC. Can’t reveal startup name. Apologies in advance !
That’s okay. You don’t have to disclose names. If I take just the base, its 250k vs 300k. The bonus is discretionary though. Although most people get it but it’s still discretionary. Where did you find better team match? Do you believe in the product etc etc
Take it.
With 10 yoe, with FAANG, you could've pushed for Sr Staff. But it's the employer's market now so it makes sense that they'd try and down level. Decent offer for staff considering that our new offers are going down compared to the last couple years.
The 1 year grant is the weird thing. There are no stacking refreshers anymore. People who joined last year - would be getting refreshers and upfront 4 year grant right ? However new joiners will only get fixed “target comp” style refreshers.
Nope we're all fucked equally lol For old hires (with 4 year grants), they reset our annual target equity (doesn't match their actual 4 year grant/4 for many who negotiated a strong offer) in the name of pay parity bs Since most are underwater due to the 4 year grant strike being higher than current price, their formula is to compare the difference between the two and make employees whole. So you'd end up receiving shares equating to your target equity value each year. Refreshers are on top of that. But disappointing for the majority. We have a 3 point rating system for impact: low, high and outsized Refresher multipliers for these were 0, 1, 1.5 respectively So only if you get outsized (~10-20% of employees), you'd get ~50% bump on your annual targeted equity... only for the coming year lol
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What’s the base/stock split?
250k/50k/250k/50k - base/bonus/rsu/sign-on TC
RSU vesting over 4 years?