Got an offer from a small biotech firm for a director role. Base is $200k plus $25k sign on plus $50k RSU with target bonus of 25%. I’m currently a M3 making $185 should be promoted to SM within the next year or so. Am I crazy to think this is a low offer?

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

What's your YOE? You're going from 185K to 300kTC + a nice sign on? I don't see the problem unless you're 20 YOE

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You could negotiate a little more on the RSUs maybe base 5-10%, but still seems like a decent offer. Also depends on your skillset and location. Keep in mind the potential for growth within the company too.

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Yes

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This seems low to me.

I am also targeting this kind of exit, may I ask how you sourced this offer?

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Thanks for the reply. I’ve had similar issues with headhunters for biotech with disappointing, dragged-out conclusions.

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Are you making 185k all in?

If so yes you are crazy. This is roughly 300k gross

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Great point SSC1. The more I think through the logistics like the eventual commute would be an hour each way I’m leaning that way now after thinking it through. I asked them Friday to increase offer so we will see.

This is on target for biotech afaik

I mean there always is, and having a competing offer helps, probably most room on RSUs

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