Got an offer from Uber 5YOE - Base $170k - Cash $25.5k - Equity refresher $56k - Equity Grant 4yr vest: 9149 RSUs @ $42.52 = $389k Is this good? My base is $115k currently so ofc better than that, but just looking to understand what others think of this comp. Would also like to know how is the total comp calculated. Thanks team
Good offer, take it
I had an offer from uber less than a year ago with 2yoe and had more stock than you. Base was only 152 tho. You may be able to push stock higher. Altho my offer was before all the ipo news
How about bonus component?
Cash is the bonus actually. Which gets multiplied 1X —2X depending on performance.
What level is this?
Level?
The offer looks like L4 but base is higher than the band. Can you share the level they offered you?
They haven’t shared the level yet. But yes I’m guessing L4. What do you think about the shares. Wondering how much room do I have to negotiate and what’s the best way to do so.
Because of refresher, I’d add up your TC over 4 years and divide by 4. I’m assuming you didn’t get a sign on, and that “cash” is your cash bonus. So: 510 + 102 + 84 + 390 = 1086, divided by 4, = 271. Keep in mind this doesn’t factor in the bonus multiplier for your refresher and cash bonus, which might be 1.2x. Nor does it factor in your yearly salary increment. (Which is fine, because TC numbers don’t usually include those.)
It’s not bad for L4. Expect that shares will worth 50% after IPO, like it was with any other IPO
This is great. Congrats. Join them before IPO.