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Anyone knows about the base for chase PCA?
Hi guys :) Glad to join fishbowl and this community. Guys I have an offer of 14.41 ctc from a big 4 (11 is fixed).
Technology-Microsoft Dynamics 365(I am a functional consultant in SCM and HR; Relevant exp: 3 yrs & Total exp: 4 yrs).
My interviews in IBM are done and I am waiting for the salary discussion with HR.
What is the likely offer that I am going to get? Any idea? (My expectation is 16.5 lpa ctc). I will adjust my expectations as per replies here.
Any response is highly appreciated :)
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Would like to know specifically about Queer inclusion at SocGen Societe Generale. What is the attitude of mangers and HRs towards treating LGBTQ identifying candidates? Is company really inclusive or it’s just a lip service? Considering an offer with the company but being an out and proud Queer woman, super anxious and concerned.
Roth vs Traditional 401k, thoughts?
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Startups are a high risk/high reward situation, and if you're worried about a recession startups become an even more unstable choice. If you're worried about stability then a startup might not be the best choice right now
Ask about their runway. Typically 24 months of runway is a good sign for a startup.
Okay here me out.... My company has been looking for an experienced Java developer for a while and our WLB is so good that's it's almost a joke. Our comp is higher than you're offer and you can be remote. We use angular instead of react tho, dm me if you're interested ;)
Dude you are a software engineer. You shouldn’t worry about the economy. You have the most in demand high paying job. Also economy will be fine… as long as someone takes Putin out
Clueless like our current president 😁
You can change again if it doesn't work out! Good to keep your options open and make a move if it's necessary!
I wouldn't switch jobs for less than a 20% pay bump. $5K is not 20% in your case.
What do you value more ?
Stability and knowing how things work within the company ?
Or do you enjoy learning new things ?
Sounds like you made a decision… just keep your resume updated and network.. so the job search is easier if the startup fails.
U should be making well above $200k. And stay away from startups
Startup could be a hit or a miss. If you are promised equity at a later time then forgot about it. If you are the first person on the team then you might get promoted. Also, be prepared to do things that are not a part of your job description. startups are trying to figure things out and will want you to wear different hats. In my opinion startups are good for a short time before you burn out.
That said, this is just my experience and point of view.
Considerations for the startup:
1. What does the current engineering team look like? Do you want to be a big fish in a small pond or vise versa?
2. What resources will you have to higher or build mid-level engineers to support you?
3. What is the background of the founders of the startup?
4. According to statista, the median time from initial venture capital to IPO exit in the US in 2021 is 6 years
Depends on which EV start up and what their differentiating technology is
The terms on the options are really important. For example, if they take 7 years to vest, not worth it probably.
Startups can be dangerous, if you go through with it, have a backup plan.
Always go with the most $ base salary first everything else is a maybe
Keep the stable job, a big recession is looming under the Biden Economics. It is not worth risking a safe job…
Call down SAP 1, we get it you don’t like Biden.
1. It sounds like with your experience, you should be well above that. Don’t be afraid to turn down decent offers for great offers.
2. That equity at series A is very low. The minimum should be 0.1% as a senior engineer that early in a company.
Leave for the startup. Sell your house. Live in 2 sprinter vans; one for you and one for your wife. Live on the road, and start homeschooling your kids.
I worked at a startup from 23 to 33. By 28 I was making 180k per year. However, Covid destroyed that company within 3 months. Startups are not a good idea during a recession.
At 49 I would ride out your current gig assuming you are well situated for retirement.
Thanks for the advice! I believe I will be staying at the current company. If I stay will be moving to a new team that is more open to change.
Software engineers are so high in demand right now I wouldn’t worry about the stability piece. I agree with what the above are saying, be prepared for wearing many hats, leading, and being challenged, if that’s excites you then go for it! :)
DO NOT GO STARTUP. They don’t like old people.
You're kidding right? You want to waste your tiny amount of runway finding out all the wrong ways to get stuff done?
No thanks - good start ups respect experience. 100% would want a few people with majority of great hairs around... they make sure inexperienced team members with energy are pointed in the right direction and and can focus their energy to maximise impact.
Without it you'll spin wheels really fast and just burn rubber without going anywhere.
I've personally been saved plenty of trouble by good seniors and tech leads calling out potential bear traps at design stage.
Thanks everyone for all the advice! All the points are great! I have gone back and forth in my mind several times. I am worried about a recession since their product is more of a luxury item but I would be gaining experience in technologies I'm not getting at my current job like microservices and cloud development. I'm also interested in trying remote work since I have always worked at the office, even during the pandemic. The equity is .15% and vests over 4 years which I wrote wrong above. I did ask the startup about how many hours per week were expected and they said 40 would be fine. I will keep you posted on what I decide! Thanks again!
If the startup fails, do you think you’d be able to return to your current company?
Good question! They want to grow the team of engineers but they have lost several developers recently from not wanting to modernize their stack, ie cloud, containers.