150k base? 5 yes experience. I am submitting my application this week.
My friend made this move.
16 replies (most recent on top)
@4dty+1akdfCGy - TPM's make 5-10% less? That is not true. 100's of offers from program managers on teamblind or levels.fyi. RSU grant for a non-tech is around 0.25 RSU grant compared to SWE. around 0.5 for for tech program manager. Product is at the top of the list and can get close to SWE for similar levels across FAANG - tech product manager i have even seen beat. Product managers need system design - common interview questions are design twitter or some sort of technical infrastructure. Not gonna happen from an IT Manager who who deals with powerpoint slides all day.
Don't spread false comp figures from a non-accredited blog. There are 100's of SWE/PM's/TPM's sharing and validating their comps, and that blogs site isn't one of them. You can view levels.fyi or teamblind for details. Those sites have tons of offers from Senior Program Manager roles who make less than a SWE two levels under.
I do agree that Product Managers are the top of the pack, but that's a completely different role than a Program Manager, which is where most XOM Managers would fit in.
I don't have a g-d complex, just seen too many Project Managers who feel they are superior to tech people constantly bashing techies & spreading false information (like you did with comp figures).
I can't believe people are saying $150k base (not including RSU or bonuses) is low lol. My friend received a similar offer and it's remote. Trust me people, after a certain point the TC has diminishing returns and you wish you had more free time to spend with family/friends.
@4rfx+1akdfCGy - Non-tech program/project managers make about 5-10% less than their technical counterparts. And those TPMs make 5-10% less than SWE. So in total 10-20% less than SWE which is still a lot of money over the PM scale here.
Source (table at bottom): https://engineerseekingfire.com/differences-between-product-program-engineering-marketing-managers/
Coming from a SWE that’s interviewed at tech companies and declined offers, it’s a bit brash to say it’s not valued there. A quick LinkedIn search pulls up a lot of job openings and I personally know new hires from Exxon that transitioned to PM at tech companies. No offense but SWEs like you with a god complex are usually the worst to work with. No way you (or I) could execute on the same level of an even an average PM.
@3qoa+1akdfCGy Many people have told you its not true, but you keep spouting this. Many of us have interviewed with FAANG. Statements like half of your salary are RSU is not true unless you are in a tech discipline, and even then its based on how high of a level you can get - the majority of people a ExxonMobil would not pass the bar for the tech at FAANG - even our software engineers. @1rfo+1akdfCGy is spot on; Tech Companies are flat orgs and they don't value managers like they do Software Engineers. Believe what you want. You can go on the tech forums or other salary forums and ask how much a non-tech Program/Project Manager will be offered - the data is publicly displayed.
BTW I don't work for Exxon (work for tech) - but posts like yours are why I am glad I left & I am happy that Tech companies place such high value on actual skill. Project Management at Exxon feels their skills are worth a million dollars in every industry & that somehow a mass exodus of people flocking to Tech will happen with all these high value Project Managers and IT Managers who send 100 messages a day about status updates.
2eld+1akdfCGy has no idea what they're talking about. That is simply not true. Most people leaving are leaving for management roles (ops, project, etc) and those folks are offered great packages. So stop bsing everyone because you have no clue what you're saying.
a cryptic exaggerative nothing of an entry - not even explaining what kind of 'job' is floating out there with golly money - gets so much gibberish in response.
Studying simple things hard means studying hard things simply.
That ain't smart at all.
Anyone who thinks Big Tech always pays large RSU's hasn't interviewed or is not familiar with non-tech or non software engineering roles. Big Tech 6 figure RSU grants are for the highly technical people. A non-tech role (which in certain companies is defined as non software engineering) will have very small RSU grants in many roles. @1rfo+1akdfCGy is spot on with his analysis
Base Salary is usually half of the total compensation for Big Tech. RSU is the more valuable part.
I've been networking and interviewing with several large tech companies, space companies, construction, and green energy companies over the past few months. Here are a few disclaimers and actual facts. Almost all of these companies are welcoming to people coming from oil and gas, they are happy and eager to absorb talent that is capable, particularly those with engineering degrees. There is zero negativity with coming from oil and gas or energy. This is simply not the way these companies operate.
The OPs comment on 5 yrs at 150k is very legitimate and a reputable offer for multiple roles. Roles in that range +/- 50k base salary for someone transitioning from our industry/company is a realistic range, you could probably going into almost any industry to target low 100’s, but likely need to be in engineering, projects or management to target the mid to upper 100’s. Applying and getting an interview is not difficult. The tech industry and other industries have basically absorbed all available engineering talent and now they are looking at this as an opportunity to take talent from other industries. Tech is growing and have operations in most states and major cities, "California or west coast only" is either misinformed or disingenuous. The 150k is a base salary, but has sign on bonus, stock retention, and unless its the A of FANG, the 401k matches are all significantly better. Due to the fact there is a general lack of faith that most will make it to 15yrs for a pension with the company, and the 401k when it was available wasn't anything above and beyond, long term it comes out similar. With the big push in infrastructure, construction and project management will also be great translations to different industries.
There are now many former company alumni at other companies, talk to them to see how they like it there, they can likely provide you an internal referral to get you past the applicant tracking systems and into an interview. Best of luck to all, take care of yourself and your families and have a plan either way.
$150k is a pittance in tech
My guess is Amazon. Lots of folks jumping ship to join them. I considered, but it's basically just as ruthless and stressful. Ended up somewhere else not in tech. Similar salary, but seems to be lower churn. Time will tell! Either way, absolutely nothing but happiness leaving EM, was a huge weight off my shoulders.
$150k means c––p if you are having to move to the west coast.
Submitting your app is one thing, getting an interview is another, passing the rigorous hiring bar is a whole ‘nother ball park.
Good luck!
Not the OP, but autocorrect will change “yrs” to yes.
Notice how these topics are all written by the same person with similar spelling mistakes? Either this guy is in a hurry or he is a troll.
what is your current role and what tech role are you moving into?