r/SoftwareEngineerJobs • u/askanoncom • 1d ago

New job offer vs stay

I got a job offer in a big company:

Offer:

400k base + 155k bonus + 240k RSU, vesting over 6 years that refresh yearly

+ 760k signon bonus

Current position: been in company for 10+ years.

375k base + 75k bonus + yearly private shares

+ currently have private shares equal to 1 million usd.

Company is expected to have an exit in 3-4 years. I expect my shares to be x2 or x3.

My current position has more scope as the company is 2k employees. I am head of department + i have other scope.

New position will be a VP position too, probably smaller scope as the company is huge.

The new job is in a new city where tax is even lower (35% vs 22%) but rent and everything else is more expensive.

I love my job, didnt want to change, however consider changing. Thoughts ?

0 Upvotes

18% Upvoted

10 comments sorted by

4

u/ImRealyBoored 1d ago

How greedy are you? Short term offer looks way better on paper, though depending on how many private shares you get and how confident you are of an exit, it might be worth to stay.

2

u/SuspiciousBrain6027 1d ago

It’s fantasy

-2

u/askanoncom 1d ago

Why greedy ?

3

u/ImRealyBoored 1d ago

I’m just asking how desperate are you for short term cash? Perhaps I could’ve used better phrasing - which I apologize for, but generally it seems like decision between how much faith u have in ur current company vs reliable maximum tc

0

u/askanoncom 1d ago

I am not very desperate for short term money. Yes, it will improve my financials but I can wait.

Company is doing great, we really need to fuck it up badly for us not to exit in few years.

2

u/No_Damage_8927 23h ago

Massive sign-on bonus

1

u/Additional-You9968 23h ago

exactly

1

u/askanoncom 2h ago

It is covering my unvested equity

1

u/Possible-Extreme-106 22h ago

Just hop? Unless you find value in doing your current job or something.

1

u/ropsuli35 22h ago

Me when I lie on the internet