Barclays Base: 110k Relocation: 12k Location: Whippany, NJ Role: Backend engineer Schlumberger (SLB) Base: 117k Relocation: 9k + other benefits Stock: DSPP benefit, RSUs (Year 1 - $7500, Year 2 & 3 - $15,000, after Year 4 - $37,500) Location: Houston, TX Role: IIoT Software Engineer (Grade: G10) Which offer is better in the current scenario? #tech #offer #compare #newgrad #slb #barclays
Slb is shitty company that does layoffs once oil prices goes down. Houston is shithole of Texas and I’d avoid at all costs. Idk Barclays but you’d be better off there from a stability and long term standpoint. Slb you can get laid off tomorrow.
I did hear that from a couple of other people as well but do you know someone personally who has been laid off from the IT domain? I have heard from layoffs from non-tech domains more. Also, some other professionals I talked to said that the new grads are at a much lower risk of layoffs as compared to mid to senior level folks, due to lower salaries mostly.
I know this is difficult when you are a new grad, but the truth is that you should basically avoid comparing these offers apples to apples. The marginal difference in offer is nothing compared to the long term effects that picking one option vs the other will have on your life. Do you want to work in finance or oil&gas? Do you want to be on the east coast or in Texas? These are far more important than the difference in pay for your first entry level job.
Yeah that's true but early in career isn't it alright to give preference to TC (especially when considering student loans), and anyway if one's not planning to settle in this company, it should be acceptable to compromise a little? I posted this on behalf of my sister who is joining as a new grad and she has worked as a SDE in Dell for around 2 years. The TC seems like a big factor to her, considering the state tax exemption and particularly having no preference to a domain or location this early in career. What sort of impact may the choice have in your opinion?
Obviously we live in a very complex world, and no one can predict the future, but: - shortly after moving to a new area, many people take up a friends group or even start dating and find a spouse. Don’t assume that moving to a new place is “just for a little while”. Getting roots down is a real thing and people get stuck places all the time. - Early career experiences can create domain knowledge in a person that far exceeds the value of their general tech skills. It may be difficult to switch industries if you quickly become an expert in something. - Professional networks guide careers. She will meet people and build trust and relationships with colleagues that do want to stay in the industry. There can be a lot of social capital in these relationships and when it comes time for a new job, these are very valuable to have. Throwing it away a few years in is not always easy. Anyway - just my 2c
I would definitely take Texas over NJ.
Do you want to live in NJ or TX? Really that’s what it comes down to. Both are similar in terms of stability (o&g and banks love to do layoffs) and exit opportunities
tbh I’d decide based on which location I’d enjoy more.
NJ is sucking my soul. Very expensive and heavy taxes. Go with Schlumberger.
When did you interview? Which team is it and what was the HR timeline like?
She interviewed around Nov/Dec 2022. Team hasn't been finalized yet and HR reached out after she followed up with them at her university career fair (2 months after interview).
I go Barclays you not staying there forever, will job hop
Is this the early careers analyst role?
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Neither but texas for no tax. New jersey sucks ass
Yeah, that's one of the major reasons to be more inclined towards SLB.