Hey, I just cleared the powers day interview and got a verbal offer from capital one as lead software engineer. TC: 202k (190k + 12k bonus) with sign-on bonus potentially Current L61: 175k after stock drop - azure core I seriously consider job security as I am the only making income for my family with 2 kids. Capital one is hiring like crazy. I feel it could potentially get over headcount due to current market just like we did in big-teches.
Yoe?
5 yoe with master
Take 2 jobs
How is this even possible lolll
What LOB and sub LOB?
it believed customer resilience - credit. I will need to confirm
No layoffs in Card, not even discussed among leadership. If you're made an offer you should be good. Sarah Strauss' org is also one of the few with a bit of scope to increase HC by a bit. It's a good place to be, you should be fine.
Location?
this is remote position. Atlanta
I would stay in MS for now. Is there a possibility of a raise / promotion in MS?
I don't expect to be promoted this year, but next year.
Both are safe jobs but banks definitely more secure, especially rn with big tech layoffs and banks hiring a loooot. Take capital one itโs def the best bank for engineers and for users IMO, and itโs a significant increase in pay ๐คฉ
I think banks are safer. Yall have contractors
Pretty much all contractors are not getting renewed
The TC increase is really small for such a big risk. Stay with MSFT and ride the stock up again.
You donโt seem to get much hike. Best is to use Microsoft name and jump to someone with big hike. No point in jumping to capital one for such small hike. Also, MS benefits like free health insurance etc may not be there at Capital one. That further brings down the compensation change
You are more secure at C1 and better TC. Obvious choice to me
Banks are mostly safe.
BOFA has fired all contract employees
Really, the contractor ones. Makes no sense, they hired someone with the knowledge that long engagement is not required and then acted on it. So dumb.