Walmart HR has shared that she can offer just 10% increment on top of the current fixed component, citing my YOE (6 years) is less for Sr. Position, and the interview was also a mid feedback from Hiring Manager, not too great, not too bad.
Should I accept? When would be my next annual appraisal time line if I join in Jan2025? And how much of the variable comp could I expect, roughly.
10% increment in fixed feels too low. Was expecting something around 30%-40% increment in fixed.
Or should I compare my current fixed with the overall offered Fixed+Variable+RSUs.
Play hard to get, it's a crime to accept that, unless you are not having a job.
Look at ctc...
The next increment cycle will be january. So you will have to be on the same pay for a year. Do not expect really high increments. And since you are joining as sr software engineer, next promotion would take time as the promotion from sr software engineer to staff software engineer is usually happening for people after 3 years here. Since you have 6 yoe i think the same will be applicable for you as well. So think of it like you will get increments after a year with merely 10-12% in case you perform really well. The promotion would take 3 years.
If you join between October 1st to Feb 29th you will not be eligible for the annual hike cycle that gets announced /discussed in March and effective April onwards. This basically Means that you will next your next hike in April 2026.
The HR saying the interview feedback was also mid is a shit reason. Then why not go with the candidate who blew their socks off? Though I do agree with the comment here that Walmart generally doesn't lowball but you do have HRs here and there who behave as if they are paying your ctc out of their family inheritance.. So I hope you didn't give in
Please provide the salary offered? You have to wait 2 years and have to wait for a promotion and also no hike in March.
Ad far as walmart is concerned... they will offer you the right salary.. don't worry.. you will not be low balled. .. the hr acts in an envelope.. based on your performance in the interview.
There are 2 ways to look at ur offer ... no offer should be less than 30 percent hike in tech esp less than 10 yoe. Your actual income is 70 percent of base and 60 percent of stocks .. ( tax and fedility ) cost. .. the other is your next move.. typically negation is over base salary. So of you can negotiate for base its better. The third is the potential of stocks. If your in sector analysts believe will grow and the stocks are a buy go for stocks. Some companies like cisco .. airbus boeing..airbnb stocks are dead... oracle will reach 1 trillion by 2030.
I have HR round scheduled with Walmart today for SDE3 Role. What's the recommended fixed pay + variable to ask? YOE : 4 CURRENT CTC : 17.8L fixed + 1.3l bonus. I heard they are lowballing these days so any help would be highly appreciated!
I have HR round scheduled with Walmart today for SDE3 Role. What's the recommended fixed pay + variable to ask? YOE : 4 CURRENT CTC : 17.8L fixed + 1.3l bonus. I heard they are lowballing these days so any help would be highly appreciated!
Two days back I had a call with Walmart Hr regarding offer. I gave my previous compensation 22 l fixed 2 bonus 5 per year esops. I said 29 L fix as expectation. (Though I am okay with better than 22 l ) as I know I have very less skills...
