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I recently received an offer to join Magic Leap as an embedded SWE in Austin, TX. Are these numbers reasonable for a position in Texas? 110k base, up to 15% bonus yearly, 800 RSU total YoE: 2-3 Current TC: 🥜 #tech #magicleap #offer
I can't believe Magic Leap is still hiring people
Why?
When are y'all gonna like... release a product
Austin is 30% or 40% cheaper than SF or NY and no state tax . Multiply that by 2 for comparison with bay area.
Disregarding RSUs, the TC would be equivalent to a TC of 253k in the bay area?
Austin is pricey. I was getting paid 135k base as a Senior Designer at an agency there.
Rsu are stock options right?
Restricted Stock Units
It’s a private company. You can’t sell these after they best, can you?
Nah, you can get more
Not for a fairy tale product. Base should be higher.
How much higher should the base be? RSU seems non-negotiable, and according to levels.fyi, they pay significantly lower than other tech companies