Evaluating a job offer -- version 1.0
Introduction
Congratulations on getting your new job! It must have been a journey given all the criterion that you had consider to find this amazing spot. Very likely now you will get an official offer letter that details your offer, and you might start to read things like ISOs or RSUs and 4% 401K match in there. This blog post is a short explanation of what to expect and how to think about whether or not what you are getting is “fair”, “poor”, or “generous”
In general, I think its absolutely atrocious that we as an industry do not have something as awesome as levels.fyi. I think it removes a lot
Ways companies might compensate you:
- Base pay
- Bonus percentage
- Equity
- 401K matching
- Starting bonus/moving expenses
- ESPP
- Perks
Equity 101
Final thoughts
Do not accept the first offer you are given! There is almost always wiggle room along several dimensions in every offer given to a candidate. Depending on your needs, status, and seniority, you might be able to negotiate a lot of them.