this post was submitted on 21 Nov 2023
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Intel

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Hi I just got an Intel grade 6 hardware engineer offer for Phoenix location. Can anyone let me know if below comp is low? It seems low compared to when I google expected salary. Should I negotiate for 105-110 base? How should I negotiate?

Base: 92.5k

APB/QPB: 8k combined

Sign-on bonus: 8k

Stocks: 5k per year for 3 years

Relocation bonus: 6k

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[–] [email protected] 1 points 11 months ago

Usually, we don't get joining stocks now a days. It used to be there long back (as stock options). 92K must be at 95% of comp ratio. That gives your organization the ability to keep you in grade 6 for about 4 more years unless you perform really well. I think you should ask the hiring team about the percentage comp ratio you are offered. Maybe you can demand that you should be at 110% comp ratio.