Tech Industry
3d
7316
Can I slack off as E9 at Meta?
India
Yesterday
743
Who are these retards asking for dictatorship in India?
India
Yesterday
693
Modi is a legend, will be remembered for centuries to come
Tech Industry
Yesterday
2071
Quitting this Slave life
Working Parents
Yesterday
568
What do you think is wrong with a kid who got rejected by 9 colleges?
Hey all, So I just received a job offer from Stripe UK which has offered me a base salary of £90,000 + 10% bonus. Currently, I am working at a small Analytics company (Pyramid Analytics - lets call it Company A) since Feb 2021. They have lots of ambition to capture Tableaus and Power BIs market share and they are already in the Gartner 2022 magic quadrant. Albeit a challenger and niche player at this time (on the bottom left of the quadrant). However, it has potential. Both offers side by side: • BASE -- Company A (current job): £89,000 base vs. Stripe: £90,000 base • BONUS -- Company A: 25% upon 100% regional sales target hit and scales up to 37% (based on 150% of regional target hit). Paid every QTR. I am pretty sure 100% bonus is achievable based on trajectory so far. vs. Stripe: 10% bonus based on company and individual performance • EQUITY -- Company A: 5000 stock which is worthless right now and probably years away from IPO vs. Stripe: I receive $20,000 each year in stocks which I can vest after 12 months in year 1 and after every quarter from Y2 onwards but only after an IPO has taken place. I also can’t capture the upside of the stocks due to the policy so it’s a little annoying. Although more stocks can be allocated based on end of year performance. However, the fact that there needs to be an IPO is just too speculative. • Stripe has a lot more extensive healthcare coverage • Stripe: I’ll receive private healthcare, $4500 annual budget to for things like gym, travel and other expenses. I had previously just come off a role at Google a week prior (through an agency) where I was on £70k + 15% bonus. I tried to get a few FTE L5 positions and did get into the final interview for one but untimely didn’t get the role. The recruiter did say I did very well and was looking for other roles but I am ignoring it at this point. Company A does not really have an office, and both are WFH although I suspect Stripe will require office work a couple days a week. I am going to have a call with my potential manager to clarify this. I feel like I am comprising brand name (Stripe) over more guaranteed pay at Company A as the total comp doesn’t seem too different and is probably more stable at Company A. I also have a few other potential interviews which could materialise into offers over the next few weeks which have base salaries of £97k - £100k. These are with larger companies (a few thousand employees globally and listed on a stock exchange). Company A has ~250 employees globally. My team and managers at Company A are pretty good and easy to talk to. My team at Stripe also seem great and my manager is someone I seem to click with well so management and team from both companies seem great to me. Although Stripe is much more diverse in many ways and Company A is lacking in this aspect. Considering all the above, which offer actually sounds more lucrative in the short term and in terms of future prospects (i.e. CV brand name)? Not sure if this is entirely relevant, but I am 28, turning 29 this year, have about 6.5 YoE and I am based in London, UK. Thanks #tech #analytics #job #salaries #salary #london #stripe #data #google #career #
Is the 25% bonus every quarter? So, 25% every quarter, and 100% yearly? If so, I’d stick with company A. TC difference too big plus it’s all cash. Stripe is not worth it just for the name.
I may have been unclear. For example that's 25% annual bonus is split quarterly. E.g. in Q1, based on Q1 target (and how much the company allocates a Q1 target as a % of the total Year target) - I could get 5% of that annual target of 25% and in Q2 I could get 7% of that annual target of 25%. Make sense? So it's still just around £22,250 but split throughout the quarters.
Got it. Go with Stripe then. It’s going to be better TC and better name on CV.
Did you join finally?
Add a poll, you will get more responses. My vote goes to Stripe