I got into Lyft with a great offer (TC jumped almost 50% at the time), I assumed it was because I was being severely underpaid at my previous job. I've been interviewing and got an offer from a start up, and TC is 20% lower! Are they intentionally trying to lowball me or is TC at Lyft so inflated that this is expected? At this point I'm just trying to negotiate to break even, which isn't very motivating. Should I just drop the offer? Or is this type of pay cut expected because Lyft tends to pay a lot? YoE: 5 yrs Level: L5 Current TC: $420 Offer: $340
Without Yoe and level we can’t advice anything
edited to add that info
What's your current level and level at start up?
Lyft comp is crazy high in general. If you expect a new offer to beat it you will never leave lyft. Sometimes a pay cut is actually expected, especially with all your refreshers vesting etc. there other aspects like company outlook, WLB, career opportunities.
What’s your base? Stocks rallied would have skew the TC
Base is 200K. The TC numbers are based on the original grant, not the rallied stock - otherwise my Lyft TC would be even higher.
How long at Lyft? Why leave?