We've negotiated many Twilio offers this year. Don't leave $100K+ on the table.
Negotiations are often possible at Twilio, but they are not an easy company to negotiate with.
Twilio signing bonuses are pretty rare and are small compared to peers in the industry.
Twilio doesn't offer cash bonuses, but they do have a stock refresher policy.
Twilio stock refreshers are given as a percentage of the initial equity grant. Recruiters usually quote 25% during negotiations, but the variance from year-to-year and by performance is large. We've seen cases where people only get 5-10% and others where they receive 50% or even 80%. You should use 20%-25% when comparing with other offers. These refresher grants also vest over 4 years.
First off, Twilio is pretty flexible about where employees want to work (especially within technical orgs). For instance, if employees feel they work better from home, they can continue to do so. If they want to go into the office once a week, that is also possible. Or they can go into the office everyday if they choose.
Remote pay is adjusted based on location (i.e. market rates/cost of living). In 2021, Twilio had five tiers for the US, and every tier gets paid differently. A tier 2 city, for example, has top of band adjustments of 90% equity and 90% base.
There are some roles and situations where Twilio might require you to move to accept the offer. If that is case, you should push for a $15K+ relocation package and 1-2 months of corporate housing.
The most negotiable component is equity, which is pretty standard for tech companies. The second most negotiable component is base pay, whereas normally it would be signing bonus. However, Twilio has quite narrow bands for signing bonuses.
In our experience, Twilio does not usually require proof of written offers (unlike Google). You of course should expect some questions about the competing offer details (e.g., location, offer breakdown, level, etc.).
Twilio is very rarely willing to go above band and every time we've had these conversations, recruiters needed exec approval (not just comp team). Most Twilio recruiters will be unwilling to consider above band requests unless you set up your leverage perfectly. Additionally, they will often ask for a commitment that you will sign the offer if it gets approved (though this can be avoided).
Yes. A strong hiring manager relationship can tip the scales in a Twilio negotiation.
The typical hiring process at Twilio has five stages: online assessment, recruiter call, hiring manager interview, onsite interview, and the offer stage. If you want to have more clarity on the process, it is always a good idea to ask questions during the recruiter call.
Let's compare a Twilio software engineer's salary to an Amazon software engineer's. IC-4 at Twilio roughly translates to SDE III (L6) at Amazon. Top of band Twilio comp for this level in 2021 would be around $400k/year, but at Amazon in 2021, $525k/year was possible. The base at Twilio can go up to $200k/year, but Amazon in 2021 had a base salary cap of $185k/year in the Bay Area/NYC. The equity and signing bonus at both companies are not directly comparable because Amazon has a unique equity structure (though Amazon's are much larger, hence the higher TC).
Twilio has a solid benefits package, however, the focus of your negotiation should be on your base and equity (benefits are rarely negotiable). Twilio is one of many tech companies with "unlimited paid time off" which has its pros and cons. Their other benefits are pretty standard - health insurance, retirement plans (401k: 50% match on the first 6% of base salary).
IC1
IC2
IC3
IC4
IC5
IC6
Distinguished Engineer
L3
Between L3 and L4
Between L4 and L5
Between L5 and L6
Between L6 and L7
Between L7 and L8
Between L8 and L9
Twilio
has a unique set of negotiation policies. If you don’t have experience negotiating with them, you risk losing out on large amounts of money because of very small mistakes.
There are many of these rules you need to know to get the highest
Twilio
offer possible