I received an L5 Program Manager (Non-Technical) offer and would like a pulse check on if the TC is in the right ballpark:

Base: 190K

RSUs: 300K

Est. 1Y TC w/15% Bonus: ~330K

Location: Outside of Bay Area/NYC

Also side question, I was told that there is normally no bonus and that any bonus would lead to a cut in equity. Is there any truth to this or is it just something they say as part of negotiations?

Thanks in advance.

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L5 always has bonus. This is a strong offer in this market. L5 TC cap is mid 300s, and 7 YoE is on the lower end of L5

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Congrats! This is a strong offer.
Do you mean sign on bonus? You can always ask.

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For a L5 Non-tech PgM role, and it sounds like you’re in a Tier 2 location (non - SF/NY), correct me if I misread, I think it’s a strong offer in the current market. If you’re in a Tier 1 location (as in, you’re located in/near SF/NY), it’s an ok offer with room to negotiate at least 10% more.

For a sign-on bonus, for me, it was the same as what the recruiter told you. I decided to forgo the sign-on bonus for additional equity (I was able to negotiate a slightly bigger equity package).

Always negotiate. Once they say it’s the “best and final offer”, kindly and polity push again for a tiny bit more (or not, up to you).

Congrats on the offer! 🎉

OP - out of curiosity, what’s your Microsoft Level?

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Thanks for the input, glad to hear this is competitive. I'm currently a 64 at MSFT.

I'll try to negotiate for at least some sign-on or more equity. I did already ask this since I would be giving up some performance bonus but got told no. Do you mind sharing how you were able to negotiate up on equity?

Is this Chicago or LA?

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