Got an offer from Uber last week as l5. Base: 190k Initial equity: 16k (~$42 per share?) Cash bonus: 21k Refresher: ~100k. TC: ~315k if excludes initial equity Current TC: ~380k (E5 with continuously exceed rating) YOE: ml/ai PhD + 6 YOE Excluding initial equity, the Uber offer comp is obviously lower than my current comp, with less base, less cash bonus and less refresher (e5 meet is 120k/year, exceed would be close to 150k/year). Some questions: 1. Didn’t expect the base is even lower than my current base. Recruiter said it is impossible to increase due to equal pay policy (?). Is that true? Can I ask for more equity to compensate the base drop? 2. He also mentioned max signing is 35k and needs VP approval. However, I saw someone got >50k sign on so this is definitely false info. How much should I trust recruiters? Do they have the incentives to make more people accept the offer? 3. Is it possible to get 20k RSU? (Recruiter said no for any negotiating). I got offers from all companies (1st tier and preipo) I interviewed except Twitter. I don’t have the number yet, but I would expect at least google can have similar or even more stock. My friend recently got 800k from google. 4. I saw someone post 120k refresher for the Sam level. Is the refresher highly personalized even at the same level? 5. What is the general tactics of negotiating with recruiters? Actually I don’t want to waste time on negotiating. I will accept immediate if the offer is really good. 6. I like the team and the HM really like me to join. Should I contact HM for this?
4 I think you saw a L5b offer. If I were in your situation, I would probably have asked for L5b.
L5b refresher would be 140k, according to other posts in blind. My YOE is too short for them to consider me as l5b. Is l5b the same as e6 in fb? If so, it would be stressful.
Lol, coworker of mine had masters in ml plus 4 YOE and got around 420k TC as an L5a, coming from Amazon L5. PhD plus 6 YOE can definitely be L5b and the offered TC is very low.
The “equal pay” policy is true sadly. Uber no longer negotiates. I think it means we lose out on a lot of great candidates. I’m lucky that I joined before this policy, I was able to get an increase in salary and RSU, but this is no longer possible. IMO stay at FB, mainly because the food is better.
Don't take it. Did the same mistake. U will come in and see that every 5b is a 5 year old who has no idea what he/she is doing. Push for 5b. That's the only way to increase ur TC. Also promo process is impossible...
Really. How do they meet the expectations if they perform like that?
In the past, promos were based on impact and not excellence. Also the people who promoted weren't very experienced either. So basically, u delivered feature A, u r promoted. No one cared if shit breaks.
Which team/role is this for?
A ML relevant team. Sorry for not be able to disclose more.
Michaelangelo
I don't understand what "equal pay" is (equal to what?) but it sounds like they simply don't want you enough. The offer of employment to you is only bound by law. If they wanted you bad enough they would simply offer more. Sorry to hear that because it's sounds like you like the team and manager but your BATNA here is just to walk away or take an offer at another company.
"equal pay" meaning they won't make big offers that end up giving more comp than current employees. So equal to your peers (similar YoE, title, etc).
So much bullshit. Don't believe that, if they want you they will give more
Give them an ultimatum that they need to give you at least 100k more tc than what you are currently making at fb or fuck off. You have top tier offers from other companies. Milk that like no tomorrow and profit. Life is too short man. Go get your money and enjoy life!
Can someone explain what is equal pay
Gender, not genital. Genitals are like, pen*s and vag*na. Genders are male and female.
Equal pay is a effort to normalize TC within level bands. In the past offers could go way out of band after negotiating. Now they got rid of all negotiating to prevent that.
This also filter out those really talented people. At fb, we have Discretionary equity that can be as high as 1M in addition to the refresher for the top engineers.
I agree. I would not be at Uber today if we had the equal pay policy when I joined. Sounds like I need to interview at FB.
That's probably about as high L5a goes, youd need 5b to be significantly higher. Bonus and refresher numbers are targets, can be up to 2x (avg is supposedly 1.2x). At $50 preferred value, I count 190+200+21=411, plus whatever sign on you get. It's a very good 5a offer, but obvi not the big step up you were looking for.
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How did you come up with 315k ?
I mean exclude initial equity: 190k+21k+100k. This will be the comp after stable.
Dude for first 4 years you are looking at 360, that should be your TC