Hi guys, I want to ask you which offer can I take ? Currently I'm having grab India and bytedance Singapore offer and some other in pipeline. Problem is that I have revised grab offer letter multiple times and the joining date is next week. Current TC :- 16 base + 6 lacks Joining + 0 vested stocks (21 k + 8 k) usd Grab :- base 20lpa(26k usd) per year, 1000 units stocks, (5-6usd per stock not sure though) 3 lacks Joining (4k usd) (two year claw back) Bytedance:- 7800 SGD per month, (5800 usd) 200 units(no idea on value of stock), 5000 SGD relocation (3700) Please tell me if you're in my place what you'd take ? Ps: I'll update the result/choice by tomorrow end of day Update :- due to covid being literally out of hands in India declined bytedance offer. Joined grab as of now. Bytedance was not providing wfh frm India. They require to be present in Singapore. Thanks all of you guys for insights into both companies. Thanks in advance for help #engineering #software #grab #offer #singapore #indiasalary #worklifebalance #bytedance
Singapore because it’s a 1st world country with all the good desi stuff you know and love.
Yeah you're right, apart from Singapore did you have context on bytedance specifically, also I'm thinking of long term(3-4) stay now.
Once you are inside of Singapore, it will be even easier to look for another position than if you were outside. Bytedance in Singapore is known for difficult work/life balance; not the case with Grab Singapore (working there previously). But I don't think I would advise you to go to Bangalore. Better go in Singapore !
It would be good to know the estimated dollar amount. Total. Will make it easy for readers to decide.
Sure give me 2 mins will update
You are currently SDE-1 or 2 in Amazon ?
SDE 1
Did you negotiate with Bytedance? Seems like they low-balled you. Some candidates are getting huge signing bonus too. Btw which team at Amazon and Bytedance?
Yeah I tried for base they're saying they can increase by reducing stocks
Freshers are getting bonuses. You should surely get that. Also can you please tell the worth of these stocks in SGD?
I will go with ByteDance Right now it's WFH, so enjoy a great salary ..... Please check WLB of ByteDance before joining if WLB matters for you
Indian government froze their bank account. I don't think they are allowing for work from home now.
Yeah wfh is from Singapore only and wlb is pretty similar to amazon as per what I've heard.
Go for Grab. Negotiate the stock options like hell. They’re planning to list soon. Bytedance is career suicide. If you do go there, you’re making a conscious choice at blowback
Ok .. so you know someone working at bytedance/grab ? Based on what you can say ? Sorry if I sound rude, just asking 😄
I’m actually surprised you’re not following geopolitics and international business news and happenings to know this. 1. Grab planning to go public via a SPAC listing (valued at $35Bn) is public news - you can Google this news. Take the money upfront. Get rich, don’t die trying. 2. ByteDance - Till the time this US-China situation isn’t resolved, choosing to work for any mainland China based company is a voluntarily signing up for blowback that looms large. And things are going to get way worse- plus the fact that any mainland China company is mandated to cooperate with their government for any matter, including working in the Governments interest overseas puts you as an employee in a grey area where you may be considered a foreign operative as their employee if things get any worse. Capiche?
Bytedance for sure. Grab will be bought by Bytedance soon
ByteDance all the way. Don't even consider Grab.
7800 SGD/ month is relatively low for an SDE-1 from Amazon, even if it’s in india. So you have family? Single? That would define if your payscale is okay or bad. Grab has offices in Singapore, and in Seattle. You can move either place later as an internal transfer. Bytedance offering you a SG based role means nothing if they cannot guarantee you a work visa - the government has clamped down HARD on issuing new work permits since the pandemic started. Also average payscale at Bytedance in SG for an SDE-1/ 2 equivalent is SGD 120k-130k annually. And I state this as someone who lives in Singapore and knows this space deeply.
Ok thanks man, Yes I've tried to negotiate with them, they said it's the max they can go and if wanna increase base pay they will reduce some percent frm stocks. For work visa I contacted them, they said they can get it done in say 1-2 week and will provide that. Regarding grab that I can internally switch that's one plus point. Thanks man 🙂
Any company telling you they can get the visa done for SG in 1-2 weeks is hilarious. New EP allocations have been brought down substantially. There’s already around 5000 EP holders still stuck in india due to travel restrictions. Even if you do get the EP, you need permission to travel here - inbound travel is restricted. Ask Bytedance to guarantee that they will also have travel permission on day 1- they will refuse to cite so. https://www.mom.gov.sg/covid-19/how-to-bring-pass-holders-into-singapore Read last para twice - https://sbr.com.sg/professional-serviceslegal/news/ministry-manpower-tightens-employment-pass-application
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Bytedance looks solid offer. Is it sde2? Yoe?
2.5 yoe
I wanna know in terms of work, culture and importantly learnings.