RELOCATION: Austin (Remote) -> San Jose Updated offer from: https://www.teamblind.com/us/s/R2cHkMyb Current location: Austin New offer location: San Jose YOE: 4
I mean good job negotiating you obviously wanna go there so idk what else you tell you. You know what you’re about to get into.
Still confused honestly cause not sure what San Jose is like compared to Austin
Probably extremely similar except a 1 bedroom apartment is $3500 a month and gas is like $5.00 a gallon Gotta do the math to see if net income will be higher or not it isn’t rocket science. Check apartments.com
Ummm how good is the secondary market for selling their stock?
They have a buy back for vest
Non existent. Bytedance doesn't allow that.
Im p sure you are gonna accept but I honestly dont think relocating to SJ is worth it for under 500k. Drop in QOL is not worth it
Is San Jose that bad?
Compared to austin it is like 5 points worse on a hotness scale
Not worth
How so? What would be cause
The tiktok base is lower than your current tc. You cant sell all of tiktok RSU. They will never ipo in the US market, but in hong kong market. Just rot at Linkedin for another year and try for a senior level.
I’m working on a move to the bay for a similar bump, but I was laid off. Still, I think it’s worth it for the weather alone
bad deal, San Jose sucks, tiktok also bad, stay at Linkedin
The south kind lol
im not and they've responded to me before.. didnt pass the technical but thats not relevant lol
Don't fall into this trap. You won't get the promised bonus of '25%'. Assume that to be 12.5 Equity is 0 Signon is vested over 2 yrs. Bay Area is more expensive than Austin. Unless TikTok pays more base than your entire LI TC don't switch You would need to learn Chinese, or else you'll not independently own any projects
So I confirmed with my recruiter about that and they said it’ll be a lump sum, and ok the 25% is consistently now given? Recruiter also mentioned buy back plan is that not the case?
You'll get the bonus upfront, but let's say you quit in 1 yr, you'll have to return half of it. No. 25% is a bait and switch scheme. If you're not Chinese, there's a good chance you will have low performance and reduced bonus. 1 less than M rating and your compensation and level will not increase for atleast a year Buy back plan was offered once since 2018, at a lower than grant rate. It's absolutely not a guarantee that it'll happen again. AND we were only allowed to sell half the stocks that were vested a year ago. Eg. Stock vested in Aug 2020: 100rsu Aug 2021: 100rsu Vested in Aug 2022: 100rs Today I'll only be allowed to sell 100, even if i have 300 vested
Tik Tok BS’ing you with that “equity” man, super sketch
Ohhh. Didn’t see the relocation before I voted. Just looked at the numbers like a gold digger. You got family with you?
Haha aren’t we all chasing that TC. No family
I’d take it then personally