Offered a Cyber Security Engineer title in tesla with 160k base + 250k RSUs(4 yrs) + Relocation 50k from other state to Fremont Given the stock is 880+ , is it a good offer? YOE 6 with extensive cyber security consulting
No. You should ask for 2.5M RSUs given how much they have
Yoe 6 but are you good? Staff level? Probably ask for 500TC if so
How much to expect for 10 YOE with current TC 120k in Texas ?
Based on the TC and YOE, I think it's an OK offer, somewhat on the low end. 160,000+75,000 = 235K, or ~8,800/mo gross income (assuming you withhold 45% for taxes)... About 2000+ of that goes to housing, so it's a decent amount and you can't save as much as you might think in the bay area, which could impact your future savings rate if you care about FIRE or good schools or home ownership one day. That said, I still think the offer might make sense if it's a significant improvement over what you're making now. Working at Tesla will also be a game changer for your long term career. Also there's a good chance Tesla stock will increase in a year so your RSUs could be worth 10-50% more next year. (Or less -30% if it's a bubble)
Current TC is 120k Texas....the salary wise i will get get same in hand only benefit will be stocks and work in tesla
250k RSU's may soon be worth $25 in total. Be careful.
In four years it will be worth peanuts buddy
Missed the boat.
Feels like it but it is what it is.
I’d still take it for overall better branding and unlocking better future opportunities.
50k relocation??
What team/org?
How'd you finesse 50k relocation? I got $0 relocation coming from a different country (new grad though)
Assuming the stock is going to stay at 880 (big assumption there), sure
It is probably going to double within few weeks. Or divide by 10 😂