Does Meta pay bonuses?

But at Meta, employees also receive a yearly performance bonus, an initial equity grant, a sign-on bonus (if you negotiate), and other benefits like health insurance and even free food.

thesalarynegotiator.com - How To Negotiate Your Meta Job Offer

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1) Understand the components of your Meta job offer.

This first step should be easy since we’ve already laid out the components of your Meta offer: base salary, performance bonus, initial equity grant, sign-on bonus, and any benefits and perks. Understanding your total compensation is the first step before attempting to negotiate a Meta job offer. 2) Complete due diligence on your Meta job offer by asking the right questions.

This is your chance to do your due diligence on the offer and ensure you understand it before you start negotiating and ultimately accept. Asking good questions not only shows that you’re doing your due diligence, but it’s foundational for crafting an effective and successful counter offer. These can include questions like: Why wasn’t a sign-on bonus included? What was the actual performance bonus achieved on this team in the last few years? Why does the company only offer a set amount of PTO days instead of an unlimited PTO policy?

Don’t skip this step. It allows you to pull additional data points from the recruiter that will strengthen your justification for why this offer is not competitive with your current/other opportunities and why they should consider your ask. Even if you think you already know the answers here, it’s still a critical step for you to ask—you are already building your case to the recruiter for a more competitive offer. While it’s normal to ask for more time to process the offer, note that timing is key in a salary negotiation with Meta, and actively working through this process will show the hiring team you’re interested in the role. We suggest starting this phase of the negotiation right after you receive the initial offer. 3) Research the compensation ranges to identify what your compensation should look like. Meta is a tech leader known for using data to make decisions. That’s why you must conduct compensation research to understand the role’s pay range, the strength of your offer, and how much you should ask for. You will need to look at the specific role and where it’s located, whether that be in-person or remote. There are many resources available to help you determine an appropriate salary, such as Payscale or Salary.com, but be sure to use multiple resources and don’t rely on just one as the authoritative resource for what the role should pay. Be aware that these pay ranges are publicly reported by current/past employees so the pay may differ from what they may offer new employees (i.e., the current employees’ total compensation is higher because the META stock price increased over the past few years and their equity is more valuable), and it might be inaccurate if the employee didn’t correctly upload all compensation components. As a new hire, you’ll usually want to push for at least the mid- to top-end of the total compensation range—regardless of your experience or background.

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4) Send a counter offer to the Meta recruiter.

This is where the negotiation officially kicks off—and the fun begins! Once you’ve completed prepping for the negotiation (the first three steps), you’re ready to send over a salary negotiation counter. In this step, you’ll present your ask to the Meta recruiter in a kind and confident manner by referencing your research on the pay range and how the benefits differ from other companies’ and/or your current role. This can be done over the phone, but we strongly recommend doing this via email. That way you can draft exactly what you want to say in a professional and friendly tone, you don’t risk going off-topic if the recruiter interrupts or throws you a curve ball, and you have everything in writing. It also provides the recruiter with something that they can forward on and use internally to support why you deserve a higher offer. Just remember that you should always approach this step professionally and courteously, and you should treat the recruiter like a friend that is helping you transition seamlessly to Meta. 5) Handle any objections from the recruiter and accept the role knowing you achieved the best offer. Sometimes it only takes one counter offer and the Meta recruiter will respond with an updated offer. Usually though, you’ll receive reasons from the recruiter for why the Meta hiring team cannot make any increases on the offer. If that happens, it’s best to see their “NO” as an objection that you need to overcome vs. an actual “NO” that you should just accept. To handle an objection, respond calmly by stating you understand their constraints, but you do have concerns and would appreciate it if they can take your thoughts back to their team for one last look (even if they say that their team will just say no). Use this approach regardless of the recruiter’s reasoning. You may have to handle a few objections but once they agree to take it back to their team, they should come back with a better offer. Continue to remain respectful and professional as you navigate any objections, and take care not to be confrontational or demanding. Once you receive an updated offer that fits your personal needs and matches the pay bands you researched, you should be ready to accept. Congratulations on the successful salary negotiation with Meta!

thesalarynegotiator.com - How To Negotiate Your Meta Job Offer

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