Q&A with Eugene Marinelli - Co-Founder & CTO of Blend
Leading a company with over 200 employees and $60 million raised from top investors, Eugene Marinelli are his Co-founders are making headlines in Silicon Valley.
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Hi again Boost. So I've been working at my job now for about 8 months and don't think I'm getting paid enough as a Lead Designer -- barely making rent in SF isn't fun. Is it too early to ask for a raise?
Hey! Although most people wait a year to negotiate, the right answer depends on your salary, leverage, and performance. Let's first dive into those specifics, then we'll talk strategy! We spoke previously about how you're the sole mobile designer, so that gives you valuable leverage. Can I ask what you're currently making?
Sure! I'm currently making $85k, and was given a $5k sign-on bonus when I moved here. I also have 3,000 stock options, but don't really know how equity works...
On average, Lead Designers at similar SF-based companies are earning $95k-$105k. Based on our experience, you're in a strong place to negotiate now and given your relationship with management, we recommend our "Leveraged Performance" tactic (attached)! Let me know your thoughts and we'll go from there.
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SF, June 1st: A Fireside Chat with Amjad Masad
Founder of Repl.it and former JS Tech Infra Lead at Facebook, Amjad will join us to chat about career obstacles!
Job Hunting 101 for Coding Bootcamp Graduates
Coding bootcamps market themselves as quick paths to job success, but are they? It depends.