Hi, Received offers from MS banglore and FB london. MS: Level 62, TC: 55 LPA FB: Level E5, Base 101 GBP, 15% bonus, 260K Stock over 4 yr...TC: 165 GBP YOE: 7 Level at FB is much better. But my wife will have to leave her job here in India and there will be lot of changes for me to move to London. Tax rates are much higher too. None of the two comapnies are going to change their offers, I have already tried to negotiate. Please help me to decide in terms of WLB, career growth, work and overall savings. If my ultimate aim is to settle in India only, which of these stints will help me in future growth in India in terms of learning and brand value. I am ok with working hard but WLB should not be so bad that I am unable to give time to my kid. #engineering #software
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Depends on the priorities. There are some caveats to moving: 1. Settling in a new country 2. Job for wife 3. Kid's education if you move there and then move back 4. WLB at MS will definitely be better. Pay should not matter since a lot of companies in India pay a lot as well.
My kid is a newborn so dont have to worry about education right now. 50 hr a week is doable, anything above that and it will be difficult to focus on the kid.
The stress of ramping up remotely and performing at the level of an E5 will take their toll. You will need to work insane hours in the first year. All depends on the manager though. Mines amazing and I’m living the dream. ymmv.
Op what's your MS offer breakup
Base is 34, bonus is 10% and rest is stock
100k stocks? And didn't you get any joining bonus
What's your current tc breakup?
Its all fixed.
If you can figure out something for your wife then you should move , it might be tough for her to get a job in London considering covid .
Take Facebook. E5 is better than L62. FB is also a better brand than Microsoft. Also FB offer looks better to me and if you live frugally under 50K USD per annum, you will be able to save 80K USD (50L+ INR) which is equal to your Microsoft offer before tax.
Thanks, stocks in london get effectively taxed at 50%, is that correct? Also, do you know about WLB at FB london?
Not sure about taxes in the UK. I live in the US. WLB is team dependent. But in general, FB WLB is worse than Microsoft. Just make sure you dont slack off at FB and you should be fine.
Facebook offer seems better.
Agreed with others, E5 is comparable to 63/64. Not 62. Msft seems to be down leveling you. .. then again it depends how your interview went.
Interview went really good acc to me. They said that they cant offer higher level due to parity in the team i am being considered for. Also, i did not have competing offers at that time.
Take FB & give your newborn a UK stay
London is a shit hole with lots of crime and overpriced samosas. I would accept Microsoft or look for nicer locations in Europe. Does a Facebook offer qualify for multiple locations in Europe? Or they would let you work from India?
Only for london location. Working from india is not allowed due to some legal reasons as per them.
Lots of crime in London? You spelled America wrongly.
No brainer take fb London and apply for transfer to USA
Don't do this, unless you intend to switch companies in the US. When you move from FB London to FB MPK/Seattle/NY, your base salary will be adjusted but your initial RSU grant will not change. And initial grants in London can range from 50-75% of US grants and very rarely does it go higher than that.
Dude, 62 and E5 are not comparable. 64 or higher 63 can be compared.
Ya but they say they cannot change level after offer rollout.
They have down levelled you. Will take 2 year for 63, 64 will be another 3-4 years unless you are far exceeds, which is not easy because its Microsoft. Where r u right now, what is current TC?, Why don't you ask FB recruiter for your wife resume