offer eval Cruise Automation
Hi, got a verbal offer from Cruise for Senior Software Engineer (infra team). Base: 215k cash bonus: 65 RSU: 270k / 4 Sign on: 10k TC: 347 (excl sign on) YoE: 6/7 thoughts on this one?
Good job on the offer! You just added cash bonus & sign on as-is to form the TC? I'd divide by 3 or 4 so as to normalize across years
How's is bonus structure at Cruise?
Divide bonus by 2 in your head unless you're sure you'll actually get it all especially if it's tied to any kind of revenue/profit which seems unlikely at Cruise.
It’s not. You get it as long you are not on pip
Rsu could be higher. Sign on could be waay higher. I would anchor at 50 if you have other competing offers
thinking a 15% TC bump would make me feel happy, will probably shoot for that.
We don't give signons that high. 10-20k is usually max for senior.
Like others said, stocks are very low. Try to negotiate for 500k+ with competing offers.
500k stock? you sure thats possible for 6yoe? never read of any number like that especially considering that they typically pay 50/50 stock/bonus
You’d get that and more for E5 level offers at FANG, Uber, Lyft, Airbnb etc. Your base suggests that. But even for E4, you should be able to negotiate more equity. Risk vs reward doesn’t really play out well with 250k over 4 years. You will be much better off at a public company. Why do you want to go through the churn and uncertainty if you’re not having any huge upside potential?
Not bad. But you definitely can get more
I wouldn't say definitely, depends how much hiring manager wants you.
Good offer. It's on higher end of the band
Not knowing a ton abt cruise stocks seem pretty low. They seem like public company stocks
I think it's basically GM stock
Incorrect, Cruise has private RSUs. We usually make cash heavy offers though.