I have five years of engineering experience. I joined a product-based company last year as an SDE - I, after six months of working in the organization. I felt that I qualify as an SDE - 2.
I cracked an engineering manager round, which is the final technical round in a different product-based company. On paper, it has more scale and value.
I need help navigating the compensation, which I have to discuss tomorrow.
Congrats on the offer! I have some questions.
Is your goal to negotiate a pay increase and promotion to SDE 2 at your current job? If so, I recommend these:
Or are you intent to leave and want to negotiate up this engineering manager offer? For that, I recommend these resources:
If you don't have a competing offer, it will be tricky to negotiate up as your only leverage is your current employment. I wouldn't share the fact that you're under-leveled (and I assume underpaid as well) - Be vague about your intention to leave and see if the recruiter will add another 5-10k to solidify the deal.
Don't commit to anything on the call tomorrow. Just say "interesting" to whatever they say, and ask how they arrived at those numbers.
In addition to what Rahul mentioned, once they give you numbers and you hang up the call without committing, I recommend the following:
When I joined Stripe, I had competing offers but they were below the level of my Stripe offer (so I didn’t have “leverage” in the purest sense of the word). However, I still negotiated up my offer at Stripe to near the top of the range for my level and YOE.
How did I do this? I dug into recent offers from Stripe at my level at https://levels.fyi. I found a comparable offer and asked to be raised to a similar number. As a result, I increased my TC by $60k/year with about 30 mins of research. If the company you’re interviewing at also has data points on levels.fyi, I’d recommend leveraging them!
Thank you for the resources. I will read them today both the sets will be handly.
In my current organization, I'm SDE - 1, and even after constantly asking for a senior role, I am still waiting for a positive response. They would consider it in the September cycle unless I have an offer, and yes, I feel incredibly under-leveled and underpaid.
Thanks for the suggestion. Though, I want them to roll an offer.
Thank you for recommending https://levels.fyi. Unfortunately, the company in discussion has just two entries. However, I've checked it on glassdoor, and the difference from my current compensation is at least 40%.
I've added the LinkedIn profile of both companies so that mentors can help me choose a better product-based company. I am considering a future move to MAANG.
PS: I would love to know if there is a private slack space for premium members.
I got a ~33% from the current compensation & SDE - II role offer. Thanks for the expert advice. I danced as best as possible with the HR.
I'm following this How To Negotiate A Raise At Your Current Job as the next step. I would love to have some more guidance.
I got a ~33% from the current compensation & SDE - II role offer
What does this mean? Generally you have a few components to your offer:
One tactic is to ask for more of one component and less of another, e.g. more equity while taking less salary. When you're ready to commit, you can say something like "I'm ready to sign the offer if you can provide X amount in signing bonus".