Considering a Facebook offer:
Salary: $170K
Bonus: 20%
Equity: $100K first year. Vests every quarter.

This is for a program manager role. How to counter?

likehelpful
Posting as :
works at
You are currently posting as works at

That seems like an outstanding offer to me

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Some thoughts that come to mind: Signing bonus, recurring equity, relo package, more PTO

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Recurring equity will be based on performance. FB leads the pack with refreshers. Strong performers can get 2x bonus and grants, so overall good offer. Im aligned with OP on pushing for a higher base and a sign on, and let them counter back with some more equity.

Considering the imminent downturn, I'd be quite inclined to lock down the offer before any potential hiring freezes, although FAANG has the budget to weather the storms.

helpful

this offer is solid to me. you might have some leverage with sign on bonus. give them a sob story about cutting short your current lease, missing expected bonus, etc. they might throw you something.

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Curious to hear what were the transferrable skills from EY to get this offer. Trying to get similar roles so would be super helpful to know!

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Currently a Manager at EY making $165K in base. Bonus 🥜. 9-years of experience.

helpful

Which location OP? I received similar offer with slightly more equity and less base. This L6 by the way.

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What was your offer like? How do you know your level? I wasn’t disclosed the level. This is for Bay Area.

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I believe to counter offer you get back to them with slightly more favorable employment terms and hope they will accept. That is the “how to”

funny

Looks like a solid L6 offer. Do you have an MBA?

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That seems pretty solid. Is the equity a sign-on or is that expected to be recurring?

For a manager role? You must be a Millenial.

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What group at FB?

What office?

SF/Menlo Park.

Congrats! What does equity look like in subsequent years?

How does stock work after 1 year?

Nice

OP - Is 100k for 1 year or over 4 years?

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