Tech IndustryMay 23, 2021
Yandexyndx

Spotify offer evaluation

Hey. Got an offer a few days ago for senior product manager position in Spotify in Stockholm Base 80k sek per month Rsu 110k usd over 4 years Is it good? And what about sign on? Do they offer it? Yoe 9 Current tc 110k usd

GE mAFN67 May 23, 2021

If it’s more than what you’re making now, it’s good

Yandex yndx OP May 23, 2021

But I would be relocating from russia, where cost of living is lower

Yelp B.Obama May 23, 2021

Can ask for more stocks.

Yandex yndx OP May 23, 2021

Like how much? It’s non-us so hard to negotiate… and my competing offer is lower actually

USAA LIuY14 May 23, 2021

Oh wow, the pay in europe seems low. I dont expect senior pm just make that much :)

Yandex yndx OP May 23, 2021

Would be great to relocate to states but nobody is calling :(

Google stonkey May 23, 2021

It's over 20% more than your current TC. Hard to pass on that.

Yandex yndx OP May 23, 2021

But cost of living in my country is much lower so the only excess money I get would be the rsus

Alation F Loki May 23, 2021

If my google skills are good, that’s approx 9.6 USD/month. Approx same as your current TC. I won’t move for 110k/RSU unless you want to explore Europe .

Yandex yndx OP May 23, 2021

That’s the question I’ve been asking myself.. maybe somebody from stockholm would tell me how it is :)

New
deeznutss May 23, 2021

Stockholm is expensive, but likely cheaper than New York and San Francisco. So it also depends where you are currently. Also consider your tax rate there and see how much savings you'll have to invest.

Yandex yndx OP May 23, 2021

Currently in russia. Based on my research all my salary would go to family daily needs and the only thing that is an excess would be the rsus

Yandex yndx OP May 23, 2021

Wow, thanks, very informative

Google MXgV31 May 23, 2021

Sounds ridiculously low by bay area standards, but maybe that’s just the job market in sweden? You’d pay ~40% in taxes on that amount. Senior PM in Fang in silicon valley makes 5x that.

Yandex yndx OP May 23, 2021

I’m based in russia, so… dunno if somebody in us hires and relocates :(

Spotify BDOK61 May 24, 2021

Sounds like a good offer for Stockholm at that level

Spotify SXQA18 May 24, 2021

Is it good? Yes, it's more than I make 😏