Hey! I work at a healthcare start up and I earn $95k an year as a Software Engineer II based out on Austin, TX. Recently I interviewed with Visa, Austin and got an offer for the Senior Software Engineer role with base - $125k and a sign on bonus - $10k which totals to $135k overall comp. When I tried negotiating the base salary they said that the comp team isn’t budging on it due to team metrics and my experience (2.5 years as SDE). Is this a good offer to take?

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That’s pretty good for your YoE

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Yeah that sounds great. Nice increase for you and good salary for your YOE. You can probably make more but that’s a good chunk of change, especially in Texas.

Will they give you an annual bonus as well? Also note I wouldn’t include signing bonus in your TC as that’s a one-time payment.

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Ooh ok. 8% isn’t fantastic but it’s decent and certainly a nice gesture to give you a signing bonus to make you whole.

If you’re not totally satisfied with the offer (which seems pretty good), you can always try negotiating other benefits, like PTO.

Hey, just got a new offer which sounds very similar to yours, 2 YOE and went from 85k -> 130k, when trying to budge I had similar resistance so I will take this as a sign that it is fair across the industry

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Yeah I was thinking that $130k - $140k sounded like a good base salary especially in Austin, but seems like it was an fair offer.

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Seems pretty good considering your YOE and the fact that it's a starting salary for your new Senior SWE role. This gives you the potential to get raises each year in addition to the 8% bonus you mentioned. If after a few years you decide to pursue another company and/or position, you'll have those years of experience as a Senior SWE to push the salary/TC way higher later on.

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That makes a lot of sense.

Amazon will pay 200+ for someone with your YOE in Austin.

You're comparing a normal company to a FAANG company though...

Of course the FAANG and well-established/very competitive tech companies are going to pay a premium in total comp (salary, stocks, etc). I hope that OP is aware of this already but if not, I would definitely recommend OP to do his/her due diligent research on this. The types of companies I mentioned will definitely pay a competitive salary for entry-level software engineers (e.g. $200k+ TC) and senior-level engineers (e.g. $300k+ TC, even $500+ TC for staff/principal levels).

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