Showdown with Multiple Offers
The nuclear equivalent of compensation negotiation with tech companies is having multiple offers from reputed companies. This lesson demonstrates how to approach a negotiation if you are fortunate to have more than one offer.
Having multiple offers around the same time, from companies that compete against each other for top talent, is the most fortunate situation to be in for a candidate. You can negotiate compensation upwards of $100K or more with competing offers at the best tech companies. One of our friends, Zack, an Nvidia engineer, found himself in just such a situation with offers from both Facebook and Google. His good fortune was not a stroke of random luck, but rather, an intentionally orchestrated outcome, for which he prepared over several months. Zack was an under-compensated engineer at Nvidia, making roughly $250K in total annual compensation. He first cracked Facebook at level E5, and when the recruiter made him the initial offer, he asked to be considered for the next higher level i.e. E6. Since his interviews had gone exceptionally well, he was brought on-site a second time to interview for more design rounds and successfully cleared them.
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