I just got the following offer last Friday over the phone: Base: 210 k RSU: 900k over 3 years 15% bonus Level 5 TC per year around 540 Is it a good offer? My current comp is: Base: 187 k RSU at current price is around 200 k per year 12% bonus Level 5B TC around 450 per year 10 YOE At first glance it looks like a good TC bump. I am just curious where in the scale I am and if I can push a bit further. What do you all think?
Wait for the stock to go to teens before you accept. If it goes back up, you'd win a jackpot like many others there.
Stock price is based on approval date, which is usually within 3 months after joining, right? It is not based on the date you accept. Also, my offers have been about number of units of stock so it doesn't matter what the price is. Negotiate on the minimum price of the stock in the 90 days period was advice I got last time. I didn't use the advice though.
Stock price is average of the 20 trading days closing price before start date
EoY?
End of years?
Experience of years
How did you calculate current tc? Looks off
Is the expected TC for this year... some backloading of Uber stock earlier on on
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Do you need to relocate to LA for Snap?
It’s a decent offer. You may be able to negotiate more equity, definitely ask. They weren’t flexible on base when I tried. Also the Target bonus is not reliable... meeting expectations is common to get 1/4 or 1/2 of the target percentage. Though this was the first perf cycle of these bonuses, it felt a bit deceiving.
I'd ask more base for 10 yoe. Not sure if they'll go with more rsu too. Are you a swe? Ml/distributed system or frontend?
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