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8 YoE, 3 as a PM. Current TC 240k Microsoft offered me an L63 role with this breakout: 160k base 160k/4yr stock (40/yr) 30 sign-on bonus 0-30% performance bonus (from what I've read online, I should expect ~15%) 0-44k annual refreshers Y1 comp: 160+40+30+(15%*160)=254 (or 278 at 30% bonus) Yn comp: 160+40+(15%*160)+🥜refresher=224 A little bit disappointed I wasn't able to get L64, but doesn't look like I can get that changed. I'm anticipating at least one more offer (probably somewhere between 250-280 TC) and could potentially get two before the offer deadline is up. I'm also not jazzed about the idea of returning to the office, as if I stay in my current role it's going to be full remote next year. Once I get that other offer, should I try to get the stock or the sign-on increased? Seems like the L63 PM offers on Levels are all within a pretty narrow range, but ideally I'd want to get a bit more to make it worth the job switch. Am also wondering if it makes sense to accept the down-level or only make the switch if I can get to L64.
30% bonus is unrealistic. 18% if you perform really well. Without the sign on, I’ve seen L63 offers of upto 300K
Do you know if it's doable to negotiate an up-level, or should I just focus on negotiating higher comp?
You can always negotiate the level in band. Stick to L64 and 350K+
What org ?
On the same boat, but lower TC may I dm you?
Can you share your final offer TC breakdown ? What level
@op. Can you please update your final offer and TC breakdown ? Was your level changed?
Negotiated a couple rounds, ended up at ~280 for year 1/2. HM wasn't willing to budge on level
Thanks. Can you please break down the updated TC. Also what location
How is the TC 254? Shouldn't you ignore the 30k sign on? Excluding that, isn't it 224?
Just following how it's done in levels.fyi, but yeah - I guess there would be a cliff after 1st year