I am currently a senior studying Computer Engineering and I have just received an offer for Texas Instruments as part of their FAST rotation program, which consists of 6 months of training and then stepping into a full-time position. The full-time position has the following pay for their Santa Clara office in the Bay Area: Base: $112,500 Profit sharing: 20% (I am not sure how absolute this is) Sign-on bonus: $12,000 Relocation: $12,000 RSU: $20,000 evenly over 4 years Sales bonus (if Sales Target Reached): 20%-30% TC not including relocation/sign-on bonus: ~$160,000 I have only two weeks to accept my offer and I have potentially 2 other final interviews in this time frame, but timing is going to be very challenging. I have told them I already have another offer, but I am not sure how much I can negotiate. What is everyone's opinion on this offer and how much should I try to negotiate? #amazonintern #salesengineer #ti #texasinstruments #texasinstrumentscompensation
How does it compare to your other offer? The sales bonus is a 70/30 split which means your OTE is actually $48k. Your total comp, considering TI pays 20% in annual bonus next year is $183k (without relo and signon bonus). TI has a 4 year cliff for RSUs so its not evenly over 4 years. You would get the RSUs after 4 years. I think this is a really good offer. Keep in mind, during the rotation you don’t get the pay differential for being in the Bay area since they pay for your housing and you don’t get any sales bonuses. You do get the profit sharing but it is prorated. If you have another offer that is competitive, it might be worth considering since you won’t make your TC until 7 months after your onboarding. Hope this helps
Thank you for this insight, it is extremely helpful. I just said when I was granted the offer I had another one, but I have another final interview this week that I believe I will have an offer for by next week. However, do you have any recommendations for trying to negotiate a little more money than this offer?
Wow this is more than what i make and im almost 2 YOE. Great offer!
This is a solid offer
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Great offer
Agreed