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Really sad to know he didn't get a good offer in Airbnb and you both think it's a good offer. But this looks totally like a new grad offer. I have my friends w
by well_negotiator 10y ago
Really sad to know he didn't get a good offer in Airbnb and you both think it's a good offer. But this looks totally like a new grad offer.
I have my friends who just got offers in Airbnb who are getting paid 180k in salary and ~600K in stocks which is basically $330k/year.
My other friend who is senior engineer with 5 year experience is compensated around 500k/year.
I have similar experience and i recently did a job switch with around 11 competing offers and negotiated well more than the previous number. I negotiated with every offer except snapchat whom didn't move their needle but their offer was good not the best.
If you're really good, you can easily negotiate up to 400k/year real money(cash + stocks).
- Googler/Fb employee with 4 year work experience here.
- jayjay71 10y agoCare to share some of the offers you got?
- stale2002 10y agoO.o These numbers are surprisingly high, to the point of almost being unbelievable. And I go around telling my friends that software engineers can make 120k right out of college, and I'M getting laughed at by my friends at how apparently unbelievable ridiculously high this is. I've got 3 years experience and I'm making not much more than that working at a midsized startup (I went to a top tech school and everything!). And then I go on Hacker News and learn that the fair salary for people working at big companies, with around my experience is 330k!?! Man what am I doing wrong. Is this what it is like being the mythical, 10x developer unicorn that I hear so much about?
- deleted 10y ago[deleted]
- caminante 10y ago> O.o These numbers are surprisingly high, to the point of almost being unbelievable. Bingo! He's joking.
- well_negotiator 10y agoSorry, but this is real. It's very normal for a new grad googler to make $185k total comp in first year. Offers i had got, Uber, Airbnb, Snapchat, Google, Robinhood, Netflix, Salesforce, Affirm, An investment bank in NYC, Two stealth startup in SF. In Facebook, it's very common for one high perfoming engineer getting discretionary equity of 1M+ if you do re-defines or create a meaningful impact. I'm sorry i'm not going for any startup soon as it's hard for employees to make money now. People join startups thinking they are going to do 10X. But investors give equity to startup engineers at 4X inflated valuation. So outcome is probably 2.5x with very high risk. You do exceptional performance at google/facebook/uber and get noticed by your director and he throws 1M worth RSUS on you in next review cycle. Do it twice and there goes `rest and vest`. The worst part is if you think this is the best offer for the years of experience, then you're totally mistaken :D
- selimthegrim 10y agoHe's not joking. This is the talking style of all those people from IIT and IIM bragging about their "pay packets" to "freshers" about to be ragged. I wonder if he is going to copy/paste that directly into his matrimonial.
- well_negotiator 10y agoSorry, but your comment is not constructive in anyway. Please read guidelines :)
- bruc3 10y agoyeah it was, you just got offended
- ryandrake 10y agoThank you, anonymous person on the internet. You are talking about outlier people at outlier companies. The majority of software engineers not in top roles inside top companies are not making even close to that. Every compensation discussion on HN invariably brings out of the woodwork That One Guy Who Knows That One Guy Who Makes $400K at Google. The take-away from reading these threads should NOT be that this is an ordinary compensation. http://www.payscale.com/research/US/Job=Software_Engineer/Salary/a5e48575/San-Francisco-CA http://www.payscale.com/research/US/Job=Software_Engineer/Sa... https://www.glassdoor.com/Salaries/san-francisco-software-engineer-salary-SRCH_IL.0,13_IM759_KO14,31.htm https://www.glassdoor.com/Salaries/san-francisco-software-en...
- ThePawnBreak 10y ago> And then I go on Hacker News and learn that the fair salary for people working at big companies, with around my experience is 330k!?! Man what am I doing wrong. Why not go interview at a big company, then?
- stale2002 10y agoI've job hopped a little too much already, and I do like my job. But things like this make it awfully tempting....
- sidlls 10y agoSkepticism is the best policy with things like this. It's easy for an anonymous person on the internet to make claims like this.
- op00to 10y agoI am a master donut artist at Dunkin Donuts. I make $5.3 million a year. See how this works?
- rl3 10y ago>My other friend who is senior engineer with 5 year experience is compensated around 500k/year. >If you're really good, you can easily negotiate up to 400k/year real money(cash + stocks). It's funny how early stage startups talk of hiring "the best" and most can't even come close to affording that level of compensation.
- well_negotiator 10y agoEarly stage startups are making a joke out of engineers by pitching the bro-culture and talking about freedom and 10X- 100X. And yeah, with a big hype from VCs and investors tweeting about startupX, Y, Z, engineers get fooled and join a startup and work for 4 years and later figure out it was a bad idea. It's a very bad idea to join a startup for money unless you know the founders really well who have a track record of selling themselves to Google/Facebook/Oracle/MSFT.
- bentlegen 10y ago> you both think it's a good offer That's not what I said, but thanks for your contribution all the same. Airbnb offered him less to start. So I'm curious if someone in similar shoes (say, similar level of experience) used his expanded offer as a point of negotiation.
- pc86 10y agoSince when does 5 years of experience warrant "senior" and half a million dollars in comp? This whole thing is a joke.
- well_negotiator 10y agoIt's a not a joke. You work in consultancy which is a service company where margins are not high as goog/fb/msft. I work in product company with high profits in billions. It's common for new grad engineers who join as L3 and become L5 in 3-5 years in all the above companies.
- aagrad 10y agoDid you miss the part where the guy had been coding for less than 1 year? 250k might not be the pinnacle of software engineer compensation, but it's as good as it gets for his level of (in)experience.