Grade 9 engineer in Hillsboro, interviewing for jobs in SF, and expect some good offers (>$300k). Was wondering if anyone successfully leveraged a competing offer to increase pay. I’m well below the midpoint in my grade, but I do like my job and prefer OR to CA. I hear there are retention bonuses and SMAs being handed out these days.
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Yes, the lesson I learned is that you should set your expectations well in advance of focal (first thing January is probably ideal), not after you receive your pay letter.
In my experience managers apportion money to try to minimize the blowback from their employees. Giving everyone 2% seems like a safe way to do that. But if they know someone expects and can justify a higher raise, they may adjust accordingly within certain ranges.
I got p-ss-d off after getting my pay letter and went to my manager with my justifications for more pay and a competing offer. But by then it was too late.
You can't expect them to match a salary offer from Bay Area in Oregon but you can definitely ask for a raise. I know for sure people who did that and got a raise.
I too was a G9 in Hillsboro. After yet another 2% raise at focal2018 I got a competing offer. I brought it to my manager. I got the impression that they were willing to deal a little bit ("See what they could do"), but there was no way they were going to match the offer. I left.
That said, this was before the floodgates opened at Ampere and Apple. Things may be different now. Might at least be a good way to get some of the SMA action if you didn't get it the first time around.
Just leave Intel, it is a cesspool of corrupt nepotists.
My experience is that people who really like their job are good at it and that people who are good at their job are paid well. All others are just deluding themselves into thinking that they are underpaid.
Go
300k ..man do some side business to increase your income..why nickle and dime with Intel... best is to jump the ship like higher management folks have jumped to Intel from QCT, AMD...
I know people who were offered 30% to match competitive offer, but still left Intel for five digit hiring bonus.
Get a raise and guess where you sit in R&R next year? Make you a perfect IR candidate for next year, go for it, makes the distributions easy for your manager
Apple and others make you work