Recently received an offer with Apple to be a product manager. I have about 3 years of experience as a product manager outside of tech, 1 year as PM in tech. Currently an MBA student at M7 and was offered L3, 132k, 95,000 RSUs vested over 4 years, with refresher each year around 40,000, 401k match at 3% growing to 6%. Currently full time student now, so no other offer to leverage, but this came in about 25-35k lower than what I was expecting. Am I being low balled? Tier 2 city.

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

what was your previous comp? maybe you can try to leverage that. also, sometimes they won’t budge on base but you could at least get a decent signing bonus.

likeuplifting

This is low, counter RSU to around 140

like

Congratulations OP! Looks like a good offer to me. What’s the bonus like?

EY1 - thank you, bonus is about 5-8%
M1 - thank you, I like the RSU counter
SC1 - 110 base prior to B school

Yeah, then maybe counter with higher RSU’s and a sign on bonus - like M1 suggested

Seems low, what do you mean by Tier 2?? My Apple offer coming out of b school was 135 base for LA and that wasn’t even for a PM role which should be higher. My RSUs were also 105 over 4

Tier 2 city. Like Chicago, Denver, Seattle, Philly etc

Not low at all

Ask your peers at your program or alum what they’re making? Either at Apple or PMs at other firms

You are totally being lowballed. Median base for M7 grads is now 155.

I got offered 145 base by Cisco in San Jose, and that was 5 years ago

You need to model out what your salary will be in 2 years after some equity appreciation and refreshers.

Also....if you take this role....you get to join the tech industry. We like to poach from each other...so when you exit in 3-4 years...your new salary will be so much bigger

You could exit to consulting....but then you will have a super hard time joining tech later on.

Think of this as taking a 2 year loss to make a lot more money later on

Also ask around to see how long it takes to get the promo. Our l3 to L4 promo happens quickly...not sure about apples

Related Posts

Does MBB ever let people specialize in Life Sciences right off the bat at the post-MBA Consultant level or do you always have to start out as a generalist?

Is Intelliswift a good company?

Please comment if someone has an idea

like

Looking for some pay range information. I’m a national manager for a home health type setting for Neurodiagnostics. I run 2 departments (EEG technicians and EKG technicians) I have 7 direct reporting managers below me and 100 technicians who umbrella under them and they are scattered across the US. Im in charge of monthly reporting, hiring/firing, assist with recruiting/forecasting where we are having growth, mentor, coaching for development, oversee unit and supply inventory, cont in comments

like

Does PWC dubai offer mobile phone as an IT asset to senior associates?

like

Hi fork
Please help me to choose
Deloitte USI - 22.5 lpa + 5 lpa joining bonus
Impetus technologies inc - 25 lpa fixed + 1 lpa joining bonus
Altimetrik Corp. - 27 lpa fixed + 1 lpa joining bonus

Yoe - 8
Key skill - Python development azure

like
like

Pwc India : 9.2 Lpa fixed
Cognizant : 9.55 fixed
E&Y India : 11 Lpa fixed .

Where should I join ? Please suggest. PwC Cognizant EY SAP

like

I heard there were recent comp changes at amazon.

What's would a L6.5 Finance Manager comp package look like now? I'm expecting an offer soon and wanted to make sure I'm equipped with the right info to negotiate.

like

What is the salary structure in verizon?

like

Hi Fishes,

Got an offer from TCS for the Bank of America project. Is it a good project? And which location should I choose Bangalore or Mumbai?

like

What is ideal ctc for 8.5 yoe Dotnet lead developer? I have worked in cognizant and EY. Now looking for change.

Looking for salary range for X-ray techs with 15 years experience or more.

like

Hi Fishes,

What is the average salary in Germany for SAP Integration Architect with 11 Years of Experience

like

Hi Guys,
I have offer from HTC global service.
Can you please help me about hows Job security and WLB HTC.
Also they are offering me permanent remote work.@

like

How to became a data scientist what kind of technology, languages and azure certification I need to do in order to be the one . Please help🙏

like

Any idea why EY is not on the list of Vault 50 top consulting firms but it is on the prestigious list?

like

Hi All,

I got an offer from Adobe and am currently serving my notice period. But in Adobe my joining is in Mid of September. So can I trust Adobe that they will honor the offer considering the recession in companies like Oracle, Amazon, and Microsoft?

like

Does Adobe ever revoke offer letter before joining

like

New wage code!

Has your CTC been revised according to new wage code ? ie. Min 50% basic ?
Neither my current employer nor any offers that have been extended to me have been in accordance with this. Will our CTC be revised this FY ?

like

Any one aware of "Intuitive Technology Partners"
Company? Is that really a genuine one? Any one working there?
They are providing parmanet work from home. As checked in glassdoor most of the reviews posted in the month of march!

Can someone help me here

like

More Posts

I am having 5.5 yoe Data engineering (Pyspark, hadoop, hive,flume, shell script, hdfs, mapreduce,sqoop , pipiline framework)

Cctc: 22.5 lpa
What LPA I can expect in my next switch?

like

What base salary should one target at a tech startup?

What number of options should be negotiated?
Is the below competitive for a sales role:
Base: 187K
Options: 17K

Do you think campuses will open up this summer for on campus tours?

like

What's the weirdest thing anyone has ever said to you at work? One time a co-worker divulged to me that they had a collection of troll dolls that they named and sometimes still played with.

like

How much minimum and maximum % hike can we expect after a year's appraisal.
Also if they provide any kind of yearly bonus if yes than how much can we expect the min and max

After HR discussion after how many days Hr release offer letter?

like

Started at my first agency 3 mo. ago. I’m doing great work on exciting clients, but I often feel uninspired and drained. Is it growing pains or is this the wrong industry for me? How will I know?

What are the key differences in an account management role between PR firms and traditional ad agencies? Are there any major skills someone would need to build when transitioning to ad land? Or is a lot of it transferable?

like

Hello Fishes,

Got an email today to close Tata Mutual Funds as it's restricted entity. Basically I am from Advisory team and not from Audit or Tax department.

Do i really need to close the Tata Mutual fund?

like

Hi Everyone! I'm looking to transition from healthcare consulting to pharma / biotech preferably in BD / corporate strategy roles, especially in LA area. Would appreciate if you can share your experience if you have made the amas transition (roles? Work type?). Looking to get a sense of what type of work exists out there.

For context, I've a PhD in Life sciences and 1.5 YOE in healthcare consulting at a boutique consulting firm

like

I am an AD at a WPP agency. I work 12 hours everyday and I’m handling one of the agency’s biggest clients. I have worldwide experience of 12 yrs, I get 100K. Is it because I’m not American?

like

Hannah Anne is the clear winner

like

How much a qualified chartered accountant working in Big4 with 5 years of post qualification experience can expect from Industry?

like

Hi all,
I am coming to the end of a two year stint as a lumber broker, where I had to build my own book. Looking for my next move that does not require cold calling. I have about 6 months until I feel that I need to make a decision. Any thoughts or opportunities come to mind that I could make a lateral move towards?

I’m a 7th grade ELA teacher in Texas!

like

Do you do most of your novel reading in class or assign it for homework? Why?

I'm a first time Junior English teacher. What are some tips for differentiating an honors class from a regular class?

like

What's a piece of advice you love to give to your senior students who feel very uncertain about the future?

like

What do you look at in the 3 statements on a deal?

like

Has anyone quit their job because of a relationship? I started my job 3 months ago and now my employer wants me to move to NY. The thing is, I fell in love during the pandemic with a friend that I have known for 3 years. It's frustrating since I know I could continue my job from home. I would honestly quit my job and wouldn't mind the job search again.

like

Additional Posts in Compensation in Consulting

Hello Fishes - Have received offer from Citibank for C14 ( SVP Data Science) role. Offered comp - 220K base. No signing bonus. Bonus range -20%. Location - NY. Is this good offer? What is range generally? Citi fishes please help !!Citi

like

Roche’s Finance Perspectives program? Post-MBA program in the EU, headquartered in Basel.

like

Is it a good thing to change job every 6 months? Does it look good to recruiters that you are very capable of interviewing skills ?

like

What is the most reliable way to make $750k a year by your late 30s?

likefunnyhelpful

Any insight into Adobe Solution Consultant role working in pre sales? How’s the comp like?

like

I make $101K base salary as a Consultant/Specialist at Accenture Federal in Washington, DC. My husband is a teacher making $55K. We’re getting by with our mortgage and regular student loan payments, but it’s not enough to do much else. We also want to start a family in a few years. What move could I make to hit $150K base? So many of you are making unbelievable amounts… I don’t know how to keep up.

like

Our bonus payout is next week. If i put in my two weeks notice now, will I get my bonus still?

like

Alvarez & Marsal Applying to Alvarez & Marsal for SD - HIG. The application form is asking what I should be looking for in base comp. What should I put? Know comp model highly variable. Thanks!

like

Non-MBA experienced hire with 2 years, federal, C level: 86k. Where am I in the salary band?

like

Scrum Master with 3 YOE, 1yr in agile. Technical background. Secret clearance and working in Federal. Two in demand certs (SAFe SSM & SGP). Currently making 103.5k in DC. Realistically what is the highest I can negotiate for at competing firms?

like

I have my annual review coming up and want to hear thoughts on what a reasonable raise expectation is. I report to the COO and currently make $94k + up to 10% annual bonus based on company hitting their revenue goal + I have 3000 stock options. I have 3 YOE in customer success but pivoted to a non technical program manager role at a series c tech startup last September. I have been getting consistently positive feedback at quarterly reviews. What raise should I aim for?

like

What’s the general comp for EM level at Strategy&? Assuming a Chicago or comparavle COL

like

Hey, currently at 5 months into my first tech consulting role, 85k TC, want to make 120k by next job hop, anyone have any tips to which firms will pay me 120k next year?

like

Curious of the retirement benefits at your firm...go!

Deloitte: 1.5% salary match paid out once a year, fully vested after 4 years. Defined benefit pension plan, fully vested after 3 years

like

Has anyone jumped from consulting to a pre-sales or sales role? If so what's the salary range?

I'm a technology consultant who's been dabbling in tech evangelism and pre-sales.

like

Fti 🐠, what is the salary band for a senior director in forensic and litigation consulting?

like

Has anybody accepted a job offer and then later rejected it to take a different offer that materialized later? Were there any repercussions to your reputation or otherwise? Any regrets?

like

Made M1 this year.Advisory practice. Secret to fast track SM? Utilization vs Selling work what should be the focus? Any tips who made M1 to SM within 3 years?

like

What compensation should I be targeting for a Vice President role at a PE firm with $6.5B AUM in terms of salary, bonus, and carry? How might this differ for an operating partner at a PE fund? TIA!

like

Why is Deloitte’s 401k match do anemic?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal