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Hey All, looking for advice and any relevant data points on how to play out this negotiation. I'm currently at Google, L6 Technical Program Manager. TC $435. 20 yoe. I've received two offers, one from Facebook and one from Amazon. I've never been in this position before and have several questions I'm asking myself (and am now asking you all): 1) how do I play this situation to my advantage to drive up the offer? 2) at what point should I get Google involved to see if they want to do something to keep me on as an employee 3) if I ask for more, should I be asking for more salary or more equity/where are these companies most willing to sweeten the pot? Thanks in advance, I will report back once the dust settles so that others can learn from my experience.
Why do want to take a pay cut with Amazon?
If you are looking to maximize your TC and WLB then staying at Google is probably your best bet. Considering how much equity you’ll be getting in 2020 (from appreciation, I imagine) I’m assuming you’ve been at Google for quite some time. On the other side of the coin is Facebook... their stock will continue to grow and is currently considered undervalued so long term TC could increase with FB, but your WLB may suffer. If I were in your shoes I would try to get more equity from FB (ask for 750/4 as a TPM but realistically expect something more inline if 600-650) and then see if that’s worth the jump to FB from Google.
I've actually been with Google only about 3 years, my very nice comp is largely because I was really well compensated at the company Google hired me away from. Your suggestion to angle for equity increase from FB makes sense, I'm very comfortable with equity as comp and from what I've heard it is easier for the recruiter to get equity vs equivalent in cash.
Congrats! Why are you considering leaving google? Just for more TC?
Google seems to love me (at least my perf says they do) but the feeling is not mutual. WLB etc are great, but I'm someone with a fairly wide skillset (I was an SDE for many years, I'm a TPM now and Amazon wants me as a PM etc) and Google is not a place that values that. There is a strong "stay in your lane" culture and as a result I feel like some of my skills are atrophying here. I feel like my time here has shrunk me rather than grow me if that makes any sense.
So, if you wanted to be a SDM you arent encouraged? If you wanted to go towards product management, you arent encouraged?
You’re better off staying at Google. Share your TC with them and let them know it doesn’t make sense to take a pay cut for a lateral move
Start a poll, but I echo what Goog is the best choice
Congrats! Can you share the interview process?
Maybe after the dust settles a bit, trying to keep identifiable info to a minimum
Curious what your goog TC without stock appreciation is? I know L5 TPM with much higher base than yours, but much lower stocks
Is amazons offer for SF or Seattle? If SF, seems a bit low and there should be room to negotiate. If Seattle, it’s not apples to apples due to lower CoL and no state taxes. On the other questions: 1. FB should be able to stretch at least into 600s but may require competitive offers 2. It’s all about leverage... all three of these companies can stretch and exceed standard limits for competitive scenarios. I’d go back to amazon and FB and let them know current offers are not there and try to drive them up against one another. 3. Go to Google last, and only if you have an offer in hand that’s strong enough to walk 4. At amazon your salary is capped so you should always optimize for equity. FB it largely depends on how much confidence you have in their stock price.
Thanks for this, I'm very open to stock-heavy comp. None of the offers are in California. When I angle for driving FB and AMZN against each other, do you advise being super about the offers e.g. hey FB here is a copy/paste of the exact offer from AMZN and vice versa?
What’s your target? I’d start with that. You can say something like “I’m well compensated at Google as a L6 and already have an aggressive L7 offer from amazon. It will take approximately $x for me to accept.” When you get deeper in the process they may ask for specific numbers or even verification to come up to a final offer on a counter. But at this stage you can be a bit more vague based on your targets.
Amazon for scope
Curiously following! And congrats!