Tech IndustryDec 13, 2019
Percolatestrangest

Unexpected TC from Bloomberg

Current TC: 160k YOE: 4 I've had a verbal approval from Bloomberg for a few months, but have been shopping around and received 1 more (lowish) offer + another expected. I still have an onsite at FB to schedule, no availability til Jan. Bloomberg has been getting pushy about making a decision, but I didn't want to give up on these other places (I was about to apply to Twitter and Google as well) since the work/team at BB doesn't seem exciting to me (C++ monolith -> python microservices conversion). I had a call with the recruiter just now and he asked what TC I would need to stop looking. I threw out 270k, which I thought would be out of range for my 4 YOE, and he said he could maybe make that work, gave me the weekend to think about it. If I'm ok with it and he clears it, he'd put out a 270k offer with a short deadline. The FB recruiter happened to call me immediately after and I explained the situation and she suggested come in for the interview in Jan and renege if I get it. Makes me very uncomfortable and I hate to burn bridges but obviously this is a huge decision and I really do think FB would be a better place for me. Focused on learning, career growth, being around smart engineers right now. I was about to let BB go, but 270k is pretty massive, and there's the difference in WLB reputation between BB and FB to consider. What would you do? Accept BB? Accept then maybe renege? Just keep looking? Edit: Bloomberg team would be Data License, if that factors in at all, what's the reputation there?

Uber jei729bs6 Dec 13, 2019

With 4 yoe, I would optimize on where you will learn the most. That will increase your earning potential for the rest of your career. Don’t ignore TC but if it’s within 20% or so I would optimize for learning

Percolate strangest OP Dec 13, 2019

The other consideration is the BB is a guaranteed offer, I could still fuck up FB. (I have been leeting + sys designing a lot in the last few months though)

Uber jei729bs6 Dec 13, 2019

If You’re not that excited about BB, don’t go just because you have the offer. If you’re not excited, you won’t apply yourself and won’t learn/grow and won’t enjoy yourself. I’ve been there. Go where you’ll be excited. If you don’t get FB are there other opportunities that excite you?

Scotiabank saywh Dec 13, 2019

Accept BB. Leet for a year. Apply for FB again with your new TC as baseline

Bloomberg blindnon Dec 13, 2019

Sound advice

Bloomberg leapfrog Dec 13, 2019

Very solid advise here indeed. It's not as much legacy as you might think and it all depends on which team. You'll learn a lot regardless and the year goes by quick

Oracle sasikalab Dec 13, 2019

Is this in bay area?

Percolate strangest OP Dec 13, 2019

NYC

Bloomberg MOFO<GO> Dec 13, 2019

Accept BB. This 270k is in cash at BB. Other will give you may be slightly more but a major chunk of that would be equity

Bloomberg uch8k4fh Dec 13, 2019

That's a very good offer from BB for 4 YOE!

Bloomberg WPslayer Dec 13, 2019

Take 270k. Bloomberg is a decent place to work and you can always shoot for FB in another year or two.

Bloomberg uch8k4fh Dec 13, 2019

Does your 270k include sign on bonus? What's your offer breakdown?

Bloomberg AMI<GO> Dec 13, 2019

270k in all cash is substantially better than what I got with similar TC/YoE last year. I was given 215k after negotiation. What's your secret OP?

Percolate strangest OP Dec 13, 2019

I told them about my other offers and onsites, and I kept pushing for more time. They're probably pretty fed up with me at this point and willing to solve the problem with money. A few weeks ago they made it sound like they were going to have their team headcount filled by now but I guess not.

Bloomberg AMI<GO> Dec 13, 2019

I did so to though I heard HR is getting worried about attrition in the last year. This may be a knee-jerk response that benefits you

Bloomberg uch8k4fh Dec 13, 2019

Also you can always tell your recruiter you need more time to think about it. Don't let them bully you into signing!

Bloomberg smallbrian Dec 13, 2019

270k for 4 yoe in BB is amazing. Seems like you crushed the interview or they're desperate for people or both I would accept the BB offer. You can always make a jump to the other companies you mentioned soon after