I was offered a senior software eng position at Capital One in SF with a salary of 194k and 20k sign on bonus. The top of the salary band was 199k in the listing. From what I see on levels.fyi, this is basically the highest you can get for this level. I was told to always negotiate the first offer, but this one seems pretty solid and doesn’t seem like there’s wiggle room. I don’t really want to ask for 199k. Anyone have any ideas if I should negotiate anyways?
Hate to break it to you but 200k in the bay is pretty low for senior eng... Better find a different company
ya i know but better than what im currently getting
Also Capital One senior is not industry senior. Everyone who passed out in 2020 and joined C1 as their first job are senior engineers here.
Isn’t BlackRock pretty good?
oh this is an old account. i work for a startup rn. blackrock was fine tbh but underpays. capital one pays more
Yes you can ask for more, and that’s fine to do. But also think about non-salary things you could try to get. — signing bonus, equity, delay starting, time off for “already planned” vacation, time with skip, conferences you want to go to, etc. Try to set yourself up.
negotiate level
Capital one is pretty rigid in what they offer at each level and what they’re willing to do. You’re more likely to get a larger signing bonus than the salary. FWIW, “senior” associate is the lowest level at capital one (other than programs straight out of undergrad). Since it sounds like you’re experienced, you may want to push for “principal” even if they don’t initial give you more money. You’ll be lower in your pay band, meaning you’ll get bigger adjustments over time. I was down-leveled when I joined and it is a pain to get promoted due to a sad excuse for a performance management system.
This is a principal associate offer (senior software engineer) And yes I agree about the down-level part. Took a down-level and will only be promoted after 2 years despite receiving an exceptional last cycle. Promo isn’t even guaranteed at MY…
You can get at least a 30k sign on
Senior software engineer is actually a principal associate role which needs like 5-7 years of experience. I think you would have more flexibility in the sign on bonus and not on the base salary
This is a good offer
Top of the pay band shown is actually the midpoint of the pay scale. You can probably push 5-10% if they really liked you. But more than that would be really unusual.
if you vote yes, what angle should i go for when negotiating? i get paid less at my current job, but i do have equity which i don’t get at capital one. my other offer is also less salary. Should I ask for more by using equity as leverage? should i just ask for a higher signing bonus?
Lie about having another offer. I did that at Capital One a few weeks ago and told my C1 recruiter that I had another offer just above the pay band and just above the sign on bonus allowed, which in your case I think is 30k. Ended up getting the full 30k and the top of the pay band too. I never had another offer.
If you don’t want to lie. Just say that you have couple more interviews scheduled but if the offer is increased by this amount i will sign right away. Most they will say is no. If the payband is maxed then they can always throw in more sign on.