Dilemma on which one to choose
I've got two offers currently and I'm in a dilemma in choosing. Previously was making 34L base and 32L ESOPS and ESOPS became useless after getting laid off two months back.
Offer 1: Google SDE-2 - 25L base + 19L Equity
Offer 2: Young startup SDE-2 - 38L base + 2L PLB + 0 Equity
I've been working like crazy for years now and am looking at work life balance, but money is also important. Shopping is also an option because with my savings I can go for 6 more months without any income.
What would you do if you are in my shoes?
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Google’s brand name will definitely help a lot in future. You can join now and then probably look for a switch in a few years for better pay.
See if you can push Google a little higher on the base. Otherwise go for it
Go for Google and learn how things are done in a structured manner. Can work in startup anytime later.
I have been in startups all my life so far, and I've almost 6 years of experience. Given that L3 is entry level band at Google, it's like I'm going to throw away all my startup experience. That's the major concern.
Given the focus on WLB, Google just makes a lot of sense But I think you're mentioning 4 year equity here, is it?
This is an L3 role?
Google is tough to negotiate with, but given you have an alt offer, worth a try to inch it upwards
Yes, I have attempted for L4 but they have reduced the level to L3. While WLB makes a lot of sense, given that L3 is an entry level band in Google, I'll be throwing away my almost 6 years of startup experience. That is where the dilemma is. And yes, equity is for 4 years.
At google your pay is more like 29.25 L if I am not wrong as 4.25 L of those stocks can be sold every year. You can take a chill pill for a couple of years before you head back to the market post your google experience
Thanks for the response, I've a doubt here: since these are US stock, selling every year will attract Short Term Capital Gain Taxes right? And they might be doubled with taxation by both US and India right? How would that work?
Try negotiating with google on equity. Push for extended probation period or unfavourable vesting period. Google usually won’t change someone’s employment contract for a couple of lakhs of RSUs but it will show the recruiter that you want to join google and are willing to give your all, in turn, you are asking them to match your counter offer.
What is your yoe?
Almost 6 years, 5 years and 10 months to be exact.
Young startup paying more than Google what world has become.