Salary adjustment after acquisition

Feb 21, 2021 12 Comments

I currently have two offers, one from a startup that just got acquired by Uber, I really like this company but the salary is about $20k lower than my other offer.
I see that compared to Uber salaries on level.fyi and glassdoor, this offer is much lower, and I'm torn in between and need help. Do y'all think that when the merger/acquisition is completed, there will be salary adjustment for software engineers at the startup that got acquired? I'll be fine to wait for 6 months on the lower salary, if I know that there will salary adjustment.

Edit: Some more info:
Offer 1 - Very successful healthcare startup in NYC. They were chosen "the most innovative health care startup" in 2020 in some of these (maybe meaningless) rankings. $150k + equity
Offer 2 - Startup that got acquired by Uber a few weeks ago. $132k + 10% performance bonus + "whatever Uber adds for restricted stocks over 4 years". They said they know it's gonna happen, but they don't know how much it's going to be, it's in the works and will be determined over the next month or two for everyone in the company.

Is there a “normalized” amount of restricted stocks that Uber gives to its software engineers?


#advice #acquisition #salary #softwareengineer

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TOP 12 Comments
  • Uber
    ewesirnaam

    Go to company page Uber

    ewesirnaam
    You need to find someone from Jump, Otto, etc. to find out what happened. I’m not sure how far along Postmates is or if they know (I’m not Uber anymore).
    One thing worth noting, if you get adjusted post acquisition, it’ll probably be base+bonus only. I wouldn’t expect them to change your initial hire grant, although over a few years, assuming you get to stay that long, that will start to balance out through the refresher process. That last part can be a big “if”.
    Feb 21, 2021 2
    • OP
      I just got the other offer in writing, it is $132k + 10% performance bonus + "whatever Uber adds for restricted stocks over 4 years". They said they know it's gonna happen, but they don't know how much it's going to be, it's in the works and will be determined over the next month or two for everyone in the company.
      Made my decision harder to make... is there a “normalized” amount of restricted stocks that Uber gives to its software engineers?
      Feb 22, 2021
    • Uber
      ewesirnaam

      Go to company page Uber

      ewesirnaam
      Levels.FYI.
      Feb 22, 2021
  • Asurion
    tokkale

    Go to company page Asurion

    tokkale
    Even though it doesn’t appear that way - most likely people will be fired from the company that’s acquired.
    Feb 21, 2021 2
  • Uber
    uOG

    Go to company page Uber

    uOG
    What level are you? Eventually if your performance is good you’ll get adjusted to the right pay band for that level, so don’t worry about it pay wise in the long term.
    Feb 21, 2021 3
    • OP
      Have you been involved in an acquisition by Uber? Another question that might help would be if the acquihires would get stock refresh like the direct hires
      Feb 21, 2021
    • OP
      I just got the other offer in writing, it is $132k + 10% performance bonus + "whatever Uber adds for restricted stocks over 4 years". They said they know it's gonna happen, but they don't know how much it's going to be, it's in the works and will be determined over the next month or two for everyone in the company.
      Made my decision harder to make... is there a “normalized” amount of restricted stocks that Uber gives to its software engineers?
      Feb 22, 2021
  • Splunk
    MohanH

    Go to company page Splunk

    MohanH
    They don’t do mass salary adjustments
    Feb 21, 2021 0
  • Google / Eng
    GO00gler

    Go to company page Google Eng

    GO00gler
    There might be an adjustment, but won’t be equal or comparable to what external hires at Uber get.
    Feb 21, 2021 0