SG&A Role (non-tech). 15 YOE. Current. (Manufacturing industry) $170k base 18% bonus ($30,600) $17,500 annual retention TC: $218,100 Workday Offer: $185k base 10% bonus $230k initial equity RSU grant (4 years) $75k RSU refreshers after year 1 $25k sign on Start-up in Autonomous Driving. Just secured series C and reached unicorn status of $1B valuation. $165k base 5% bonus $125k initial equity in ISOs (4 years) $7,800 ISO annual refresh in ISOs after year 1 $35k sign on Current role gives complete security. Tons of trust. Slow and steady progression. Workday has the highest TC in the near term and great liquidity of RSUs. Start-up just reached unicorn status, just secured Series C in a tough environment, and in an exciting industry. People were amazing and very tight knit like a family. Potential the equity to grow in many multiples.
Would love to hear people's thoughts on why they chose one over the other.
Workday is the worst product in the world. Don’t work there. There’s very few products I hate more.
I'm not a developer and so don't care about the product life cycle and frustrations of it. Anyways, it's much better than the ancient ADP and Peoplesoft systems I've been using. For me, it's mostly about the total comp, career growth, and WLB. The start-up on the other hand, could be chaotic, but I can't think of a more exciting industry to be in in today's age.
You don’t want to work for a company whose product is well received by its customers? Workday is ripe for disruption.
What’s your title? Are these remote?
Hiding the title for anonymity as my roles aren't very common. It's a non-tech, SG&A role. Not sales.
This largely depends on your risk tolerance. Have family and kids? Dual income? How much saving? Lifestyle? Like, personally, I'd pick Workday. Allegedly good WLB, better day to day pay to support my family's lifestyle, and I have time to spend that money and enjoy it with the family. Would I potentially miss out on becoming an overnight multimillionaire? Sure, but the safer alternative is good enough for me by itself, and the worst case scenario with the start-up is too stressful. But that's just me. You really have to look at your own risk tolerance
Thanks for the response and I'm in the bucket you described. Married with two kids. Single income family. The startup offer will get ends to meet, but won't allow for much savings and if it goes bellyup, I'll be in a world of hurt, especially b/c it's harder to transition to another company as it won't have the brand name of Workday.
Trust me, with 300k TC, even if that start-up succeeded, you won't regret your choice. You made the right one for your family and you are still happy. And with the start-up, they may ditch you, dilute your shares or whatever to screw you up even if they succeed, so Workday all day
SG&A Role (selling, general, administrative). So not a tech role. 15 YOE. Posted here in tech b/c the two outstanding offers are in tech companies.