Snap L4 offer evaluation

Apr 18 25 Comments

This is the offer I got for L4 in Seattle office

Base: 165k/year
Stock: 180k/year
Sign-on: 3.3k/year in equity
Bonus: 10% yearly
Misc expenses: 4.8k/year

New TC: 350k/year without bonus, 370k with bonus

I have offers around 320k from companies that I’m not planning to join; still have onsites with Meta, LinkedIn and Google. Do you think they would be able to match Snap for E4/L4? Or maybe I should just accept this?

YOE: 3.5
TC: 250k

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 TOP 25 Comments
  • It’s good , but 10% forced pip will add -100k/ y. Just search snap pip in blind and you will know. Don’t be fooled by snap hrs here
    Apr 18 7
    • Snap
      LeNs40

      Go to company page Snap

      LeNs40
      The quota is FUD. It's basically what plldk said above: bottom 10% is reviewed and considered for PIP, but if you're on a team of strong performers (yourself included), you won't automatically be PIPing strong engineers.

      There are plenty of poor engineers to fill up that 10% as well
      Apr 18
    • Snap
      HwEW13

      Go to company page Snap

      HwEW13
      Haha, it's always Microsoft! Every time there's a thread about Snap, they come parading.

      Yeah, no quota - you don't even work here... oh, I've been on a visa over two years.
      Apr 19
  • Rivian
    Gwtl70

    Go to company page Rivian

    Gwtl70
    that’s a damn good offer
    Apr 18 0
  • Take Meta, they can match if you include the refresh, and with the refresh, its more than Snap. Also Meta can promote quickly (4-5 in 2 ys). So normally after the 2nd year, Meta will be more than Snap for TC. In addition, Meta has no 10 % forced pip. If you are on Visa, I'd choose Meta. Google cant match, Linkedin can be around the same TC in first 4 ys, but they dont have refresh, huge cliff.
    Apr 18 2
    • Snap
      LeNs40

      Go to company page Snap

      LeNs40
      Metas WLB is worse than Snaps by far
      Apr 18
    • Snap
      HwEW13

      Go to company page Snap

      HwEW13
      Another Microsoft force pip quota - where do you even get this from? I swear ya'll salty because you can't get a job here.

      Also, get promoted to L5 in two years at Snap, and you'll be getting ~170k more per year... if it's that 'easy' at meta, everybody would be doing it..
      Apr 19
  • Amazon
    dracula🧛‍♂️

    Go to company page Amazon

    dracula🧛‍♂️
    Snap’s offer is good or bad based on the date of joining. With that huge of a stock grant, you wanna get it a low price (feel now is a reasonable price). Congratulations on the offer
    Apr 18 1
  • Twitter / Eng
    FleetFlot

    Go to company page Twitter Eng

    PRE
    Amazon
     FleetFlot
    That's a great offer for L4 and it's money right now. I'd rather have a solid offer off the bat instead of relying on maybe getting more money in 3-4 years... And even then all those companies will drop off after initial grant runs out. Snap has no dropoff. Only area of concern I see for Snap is the question mark around stock price. But even then it's monthly vesting and you can just leave if it tanks too hard.
    Apr 18 0