Salary Negotiations @ capital one
Hey guys! Expecting an offer soon for a principal software engineer at the McLean, Virginia office. Originally interviewed for the Master Software Engineer position. The interviews went very well, but there were a few questions where I didn't answer sufficiently in the coding session. Recruiter said I was downgraded and asked if I'd consider the principle (Senior) swe and I said yes. Original expectations was that TC would be around 200k, but with the downgrade now I'm not sure if I should lower my expectations given my total 12 yoe. Team match call went really well and I immediately got the notice afterwards that they are very interested in having me join the team. What should I be expecting for an initial offer, and how far could I go with negotiations given my yoe? What can be negotiated at this level besides base salary? Bonus? Stocks? PTO? Others? Thanks for all the input! Edit: cleared the meta tech screen, waiting on Google tech screen result (hopefully positive but not sure) UPDATE: first offer was 160k, 20k sign on bonus Final accepted offer 175k and 40k sign on. Thanks all for your input!!! Location: McLean, VA YOE: 12 Current TC: 135k
Probably base around 160-170. Bonus is a set range and depends on performance. No RSU
Base 160k max and around 8800 bonus no stocks we have employee stock purchase plan
Thank you. Is that a hard cap or do you think they might stretch to 170 base?
170 is not even in the range for what recruiters work with, I would say ask for sign on
No stocks. Company discriminates between leaders and IC when most of the value is generated by IC
Definitely 160+ base. Not sure if the bonus is based on location as well, but it should be 6-17k. With your yoe I would try to get closer to 170k base so your TC around 180.
Thank you Lockheed! Sounds promising!
No problem, I figure if you can get 150+ in Plano, McLean should be 160+ easily.
What's the hierarchy of software engineers at Capital One? Principal sounds like pretty high in the ladder
Principal is Sr software Engineer at capital one
Senior - Principal - Master - Lead - Distinguished
Did you ask about their stack ranking policy? Oh, they probably won't, either way, good luck with that. Really, good luck and check how many people stay past 3-5 yrs on the teams. That's the question to ask on your match call. Beware of being hired as the new bottom of that stack rank.
@OP in a similar situation, did you have any leverage e.g. a competing offer or did you just request for that number or higher for them to give you that final offer?
Only base, no stocks for associate level.
I heard it's possible to get stocks at this level, did that policy recently change or is it just very rare?
Recently changed to include master, not your level.