Compensation Q&A and Videos

I've received the equivalent of EE in all the areas of assessment. I'm disappointed with my performance review as I did not get promoted or get a reasonable raise despite my great performance. I (along with many of my peers and my manager) feel that I've already been performing at the next level for the past 6 months. Now it seems that I've to keep performing at the next level for 6 more months before actually getting promoted to the next level - this seems unreasonable to me.

What are my options apart from looking for other opportunities outside my current company?

Hello folks, hope to get some advice on my current situation.

I have started my job hunting process and a recruiter reached out to me with a open SWE role recently.

We had an initial chat and the compensation range for that role was lower than what I had asked for but the recruiter encouraged me to just go ahead and try anyway. I agreed to it, as I wanted to chalk up some interview experience, and managed to make it through the interview stages.

Today I was informed that I got the offer. However, the compensation is too low for me (which is expected). There's not much room to negotiate a substantially higher compensation because it is the budget given for that project (it's a contract role). The recruiter is still trying to encourage me to take up the role and potentially coming across as kinda...pushy. Any advice on how best to reject them? The recruiter has honestly been really helpful and friendly (eg. giving me tips on what the interview could ask etc) so I will still hope to be able to get the help of this recruiter for other roles, but at the same time i really don't want to offend him or make him think that I'm a picky candidate etc.

It's my first time job hunting so would really appreciate advice! Thank you so much

Hi folks, I need your help to understand if any action can be taken from my side here.

I gave Stripe interviews recently for SSE (Bangalore) and here is the feedback I received.

Round1 (LLD) - Strong yes

Round2 (Bug Squash) - No

Round3 (Integration Round) - yes

Round4 (Systems Design) - Strong yes

Round5 (Manager Round) - yes

I am aligned with this feedback except Round 2 (Bug Squash). I thought I had a strong yes in that. I was very easily able to navigate the code, find out the bug, fix it, and explain it. We were left with 15 more minutes so she gave me another bug to solve. I reached halfway on that, was able to partially figure out the bug. Didn't solve it but I think the expectation is to solve just one bug.

I have communicated the above with HR with a positive outlook.

Also, I felt that the interviewer wasn't very present and interested from the beginning so I think that the interviewer hasn't given much thought to this.

Current status: They have sent the case to the hiring committee for SSE but the HR mentioned that I might get downleveled. But I have been pretty vocal that I want to be considered for SSE only. Another factor she mentioned is I have a borderline work ex of 5.5/6 years so that might also contribute to this.

I asked the HR if I could reinterview for this round but she mentioned that's not possible and is not part of company policy.

Anything that I can do here?

I feel the quality and quantity of my contributions greatly exceeds the expectations of my level, so I'd like to ask for a raise. I'm basing this self-assessment based off raw diff count + SEV participation + project count + good peer feedback.

Typically raises are given out once a year at Robinhood, and I've only heard of employees get an off-cycle pay increase if they threaten to quit. How should I ask for a raise?

I just finished up my final technical round (went well) and the recruiter reached out wanting to chat about salary expectations before the offer stage. During my initial call with the recruiter, she did ask me about salary expectations. I deferred by saying fit and potential impact are most important to me and that I'd like to defer until I learn more. Now that I've already interviewed, I'm not sure how to handle the conversation with the recruiter. It seems wrong to give a number before getting an actual offer, but at the same time, my initial reason for deferring talking about salary is no longer valid because I've already gone through the interview process. Any advice on what should I do here?

Hi all,

In the next couple days (2-3 days) will be the deadline for my current job offer (let's call it "Company 1"). I already asked them for extension twice and they said next Monday (02/12) would be the final date and the offer cannot be extended further. The best thing about this offer is the company is fully remote, but it's a startup with unknown plan for IPO.

There is another company (publicly-traded company - let's call it "Company 2") that I already finished the interview with good feedbacks, but HR told me the hiring manager literally interviewed me as the very first candidate and would want to have 2 more weeks to interview other candidates too, but I'm in the pipeline for consideration.

Should I accept the offer from "Company 1" (the startup above)? WLB seems to be better than the "Company 2". Both companies offer "Unlimited PTO" (for better or worse) but at least the 1st is fully remote.

For comp number, the publicly-traded "Company 2" definitely has higher total comp and their stock is skyrocketing in the market right now. "Company 1" has higher base salary but paper stocks.

I wonder if the hiring manager for "Company 2" is interviewing further, does that mean my positive feedback was good but not great? Should I keep interviewing or just accepting 1st offer? Any thoughts on what to do next?

Hi Taro community,

Seeking your help in evaluating two offers that I received from two start-up companies.

• (1) In general, in such situations how do you suggest researching about the companies and determining which company and offer is better.
• (2) I am also concerned how my future job potential will be affected and so I want to take the decision accordingly.
  (3) In this particular case, my offers are as follows,
• company A
  • Unicorn (post money valuation: $1B-$10B), Industry: Ad Tech (ML and cloud infra based), Last funding type: Series C, Total funding amount: $190M, Estimated revenue range: $1M - $10M, Founded in 2013 by ex-googler,
  • I have seen several folks joined from FAANG companies (eg, Google)
  • Offer: base $160K, bonus: 24K, Equity: $88K (not sellable now, but the company is expecting to go for IPO in one year)
• company B
  • Emerging Unicorn (post money valuation: $500M-$1B), Industry: Healthcare/AI, Last funding type: Series B, Total funding amount: $120M, Estimated revenue range: $1M - $10M, Founded in 2017
  • Among big techs, I have found just one person from AWS who joined this company
  • offer: base $190K, no bonus, Equity: 114K (not sellable now, the company is expecting to go for IPO in 2-4 years). I may be able to negotiate this offer.

Thanks in advance for any kind of suggestions/comments.

If you joined Meta at the end of 2022, 1.5 years ago, your equity grant has seen a 4x increase 🤯 So a Staff Engineer with a $800K equity grant over 4 years is sitting on $3.2M. Obviously, very few people get this lucky, but Big Tech is pretty reliable in creating millionaires.

I'm very tempted to sell my remaining Meta stock holdings now... (I joined in 2017 with a stock price of $170/share).

Hi, I was wondering how you deal with constantly changing stock prices from the company you work at. I saw a video from @Rahul where he talked about the mistake to check stock prices at the beginning of each day or something. Not sure anymore where he said it. @Rahul @Alex I was wondering how you dealt with your stocks constantly changing in value.

I've been experimenting with Big Tech stocks and find myself constantly looking at them. I wonder how people in Big Tech deal with that with the stocks they receive from the company. Do they sell when they think it's going bad and turn it into cash, or just keep them for the long run? How often do they check their stocks? How to they deal with the constantly fluctuating prices?

The company I work for started tracking a wide range of metrics related to our day-to-day work (with an external tool called LinearB). It integrates with pretty much everything to collect as many metrics as possible such as lines of code, number of PRs, size of PRs, time spent on reviewing, cycle time, time spent in meetings, etc. These tools feel like they only aim to gather as many metrics as physically possible, but do not always manage to put them into context. For example if you go on holiday or sick leave, all your metrics go down (for obvious reasons).

Personally I feel some of these metrics are straight up toxic and I also see that many people in our company started feeling paranoid about this and feeling an urge to “game” the metrics so their numbers look good.

The reason for this is that initially we were told the metrics are only going to be used on a team level, but now we are getting strong signals that this is used on the individual level as input for things like determining promos, raises, bonuses, etc. I know that there are standards and best practices to follow (like having small, meaningful PRs), but using these metrics as a signal for perfomance feel stupid, because it depends so much on the type of work I do. One week I'm debugging a production incident and it may be resolved with a single line config change, the other week I'm writing tons of unit tests, etc.

We were told that this whole thing is pretty much industry standard and very common at big companies like FAANG. Is that really so? If yes, could you elaborate on how is it implemented and how do you deal with the stress associated with trying to maximize your metrics (which may not be a direct consequence of "getting the work done", so you have to do extra just to increase your metrics).

Really appreciate all you inputs. Thanks.

Context:

• Opportunity:- A month ago, I interviewed at a recently IPO'd startup for a senior SWE position and did well.
• Uplevelling:- The interviews apparently went so well that they suggested I was a good fit for a staff SWE position on the team and made a verbal offer for that.
• Subsequent Downlevelling:- The actual offer was delayed by 2-3 weeks only for the final offer to be a senior SWE offer.
• Compenstion Issue:- The final offer is a bit (~10%) lower than all my current offers on all compensation components (cash, stock, sign on). Also, I'm still awaiting a couple of more offers that could be even better paying ones.
• Recruiter Constraints:- The recruiter stated that this is the best offer they can do for the senior SWE level. This might be true given the ranges available on Glassdoor but I'm not too sure since there was only 1 data point available.
• My Opinions:- I really liked the team, the manager and the kind of work for this opportunity. But I don't want to leave out on a meaningful amount of money being offered by other opportunities.

Questions:-

• Assuming that the offer is genuinely at the top range, can I still attempt to negotiate given that the team believed I'm suitable for a staff SWE uplevelling?
• If I should negotiate, how do I approach it given that they've stated it's the best they can do?
• Do companies offer compensation beyond the high-senior SWE but below the low-staff SWE ranges to good candidates?

I'm a software engineer with a few years of experience. I can choose to join a Big Tech company or a well-backed Series A startup.

What's a reasonable ask for the salary when negotiating with the startup? In percentage terms, how much lower salary can I expect at a startup compared to Big Tech?

Of course, I expect to receive equity/stock options at the startup.

I'm contemplating moving from Canada to the US, hoping to secure a Staff role. My sole reason is money but I do not want to sacrifice work-life balance or mental health for that. A few extra hours of work each week in the initial few months of transition are expected and acceptable.

1. Is it a pipe dream to expect work-life balance at Staff+ roles that pay $0.5mil/year?
2. How stressful are these roles? I understand that ability to handle stress varies by individual, but it speaks volumes if most folks at Staff+ roles feel very stressed.