Hey, I got an offer from Uber, Details: Title/Level: SDE1 Salary: INR 2400000 Relocation: INR 200000 Signing Bonus: INR 250000 P.F + Gratuity : 144000 + 57720 Stock bonus: 32.5k USD worth over 4 years Performance Bonus: 240000 to 400000 YOE: 1 year Currently working with Microsoft, and have stock vesting date of June 15 worth 6.5 lakh. Should I join Uber or not? HR doesn't agree to extend DOJ. Also is it good idea to join Uber and leave Microsoft? How are the promotion cycle and performance refreshers at Uber?
You messed up with timing on interviews. Now ask Uber to either compensate or wait till July. Be ready to walk away. You can get good opportunity again.
Yes, Agreed . Messed up with timings. Need to plan this all ahead. They won't wait till June neither ready to increase stocks further. Confused what to do? I want to settle down for a company for next 2-3 year as they gonna crucial for my promotion.
How much hike Uber is offering? In how much time you would cover this loss of 6.5L by increased compensation?
The more time at Microsoft is only better on resume. Uber pays more but doesn’t have a great brand value when compared to Microsoft (in india atleast)
Why do you think so? I think Uber has better brand value.
Agreed but then again the base salary is the only thing for people to leave. For person like me who belongs to middle class money matters. I won't save much in Microsoft and have few loans to finish. And that's why that stock part hits me hard. Because then whole purpose of switching dissolves.
Hi Pal. Can I DM you ? I was also giving interviews for uber
Sure
Done. Thanks a lot pal
Unless you don't like your work at Msft at all, Ask uber to wait or be ready to walk away. You will get a lot of opportunities in future.
Which team/org are you getting in Uber?
What is your org in microsoft?
hey Buddy, what did you decide finally?
Decided to accept
Is it a verbal offer currently or have you got the offer letter
I have offer letter
As someone else also pointed out, if the work at your team Microsoft is really bad and you simply cannot stand it any longer then it makes sense switching now else you're making a hasty decision by letting go of the stocks by such a small margin. IMO you can cinch a much lucrative offer 6 to 12 months down the line, as right now what Uber is giving you is same as a college fresher and that's how you'll be treated as well, your next promo at Uber will take another 2 years. If you're passionate (even mildly so) about your current role then I would suggest to make an impact and target an early promo at your current org and then immediately seek a hike on that upgraded base.
Why would the promotion take 2 years? Generally Ive seen new grads been promoted in 1.5-2 years OP, already bringing in experience, should be promoted in 1-1.5 years max
I've had acquaintances who've followed the exact same track, who've got their first promo around 1 yr 8 month mark. And in my experience too I've seen similar behavior whenever a company hires at the lower end of the base salary of a band. OP asked for opinion so giving one, not here to fight. Peace.
YOE?
Edited. 1 year