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I started working for my company about 6 weeks ago and I was originally hired to work from a specific location closer to my home. I was told the 1st day of my employment that the location “is not ready yet” and that I would be working out of a temp location further from my home. It has been really inconvenient for me to say the very least and the remote option is unavailable to me until after the probation period which is 6 months.How should I approach having this conversation with my director?
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Must be niiccee! I'm tryna be like you, ma boi! For real though, both are great offers for 1 YOE. Remote is definitely most appealing.
i usually count rsu from private companies as 0. Its just paper money. So your real Stubhub tc is 138k
Exactly! It’s IFcome, not income.
I worked for a company that was acquired by a PE firm. When this occurred, all employees were forced to sell their shares.
Directors and c-level executives immediately received new shares, but employees didn’t receive RSUs until after the company went public. I estimated this tactic cost me well over 6 figures.
With 1 year of experience you should focus on building your skills, not on comp.
Of the two, which engineering team had the smartest people and best managers?
Your lifetime comp will be a function of skills built and connections made. If you go to a place with B level management and B level engineers you will be capping your potential.
Spotify does something neat, while it feels weird that ticket resellers are able to make as much money as they do and charge crazy fees. Why? Where’s the competition? I don’t get it.
Thanks everyone! Think it's confirming what I was already leaning towards which was the Spotify offer
Congrats!
That’s a hard one…. NY will eat that 125 base right up
Spotify!
Spotify. However, if you haven’t done so already, I’d try to negotiate higher TC by leveraging the other offer. Squeeze all you can out of them.
Good luck and congratulations on the offers!
125k in NY? Hard to swallow that when you’re coughing out $300 dollars on a light “night out” and living in a cramped and old studio apt.
I like someone said focus on experience and picking which team will be better for upstarting your career. I think New York should be a later career move when you’ve built your skill set up/networked.
you can definitely live off $125k in nyc! a few years ago, i was there on $65k and managed to save ~$10k a year and pay back $6k a year in student loans. it's more expensive now but 125k is definitely possible to live a very good life there on. that doesn't necessarily mean it's the best offer to take but it's a good amount of money for a single person
Spotify!
Have you asked about/compared other benefits? I think Spotify has pretty nice health benefits.
Yes I agree Spotify benefits are pretty great
Stub Hub sounds like a much higher offer and it's private so maybe less layoffs there...the IPO could be good because the PE firm knows how and what to do to make that happen
Private companies layoff plenty when they're looking to IPO. They just don't have to announce it in the same ways because they're private. And PEs are not in the business of saving jobs, that's not their model. Plenty of folks get laid off right before an IPO for this exact reason, OP is right not to count on that as it's not even money yet.
I would go with Spotify . Also company has more opportunity to expand their niche services … stubhub not so much
You won’t survive in NY on those peanuts.
Spotify - the offer, remote, better employer brand
Forgot to mention 1 YOE
Spotify
How about what sounds interesting to you? What is each role supposed to be working on? Which do you like better from a work perspective?
Spotify without doubts!
Definitely take the remote position the New York COPA is too expensive to be worth it.
See if you can get Spotify to give you a signing bonus and ask if you can have yearly reviews to Increase your equity thru performance. And get it in writing!