The goal of this guide is to equip you with the essential pieces of information you need for your upcoming Apple negotiation. Apple is the most valuable company in the world and a magnet for top engineering talent. However, it is also extremely secretive and your experience, both in the role and when negotiating, can vary dramatically based on which org/team you join. Apple is known for their confrontational recruiters who negotiate aggressively on everything from compensation to deadlines and they often use pressure tactics. If your situation is unique or you want 1:1 support to ensure you maximize your compensation, please sign up for a free consultation with our expert negotiators.
Relative to other FAANG companies, Apple roles are most heavily influenced by which org and team you join.
For example, here are 3 large orgs:
These groups have different cultures and work-life balance, which is normal for most tech companies. But they also have large discrepancies in pay and willingness to negotiate, more so than orgs within a company like Facebook. When evaluating an Apple offer, we recommend basing your counter offer on the range specific to the team you are joining rather than overall Apple averages, or you may be leaving money on the table.
Before starting any negotiation, you need to fully understand the compensation components offered. A typical job offer for a tech role at Apple (e.g. Software Engineer) should contain the following monetary components:
This is what an example Apple ICT3 offer looks like over a 4-year period:
The high-level overview of compensation is important as recruiters often leave out components (e.g. signing bonus). But, there are also some key differences within these components at Apple vs. other big tech companies.
Apple's base salary is in-line with Google and slightly below Facebook. It is similar to other big tech companies in the sense that there is a base salary band associated with each role/level/location, and the size of the band increases with seniority.
It is possible to negotiate this component, but the increase will typically be smaller than equity and signing bonus increases. Base salary at Apple is paid bi-weekly in the United States.
Many Apple offer letters don't include a signing bonus by default. It's a common recruiter trick to leave it out of the initial job offer.
For most technical roles at Apple, it is possible to negotiate a higher signing bonus even if it's not in your initial offer. The two most helpful pieces of leverage are 1) competing offers 2) retention bonuses at your current company. As a reference point, Apple signing bonuses are one of the highest in the industry, though they are definitely still beat by Facebook.
Apple will pay your full signing bonus after your first month - unlike some other companies (e.g. Amazon) which are prorated. However, Apple does not specify in their offer letter whether they will clawback your entire signing bonus if you leave before the 1-year mark, or simply a prorated amount. At Google, Facebook, and Amazon, you only have to pay back a prorated amount. Below I've included the wording from an Apple offer we negotiated recently.
You will be eligible to receive a hire-on bonus of (US)$45,000 (less deductions required by law), subject to the following terms and conditions. In order to earn the bonus you must be actively employed by Apple for 12 months following your start date. Apple will advance you payment of the bonus in the next regular payroll cycle following your first 30 days of active employment. However, should you voluntarily terminate your employment with Apple within 12 months of your start date, and thus fail to meet the conditions to earn your bonus, you will be responsible for reimbursing all or part of the advance bonus payment at Apple’s sole discretion.
Apple, like many big tech companies, vests equity evenly over 4 years. This means if you are granted $300K RSUs, you will receive the following:
At Apple, equity vests every 6 months, which means you receive 12.5% of your total grant every 6 months. There used to be a 1-year cliff for vesting, but that is no longer the case for most roles. Apple's 6 month schedule is less convenient than Facebook which vests every 3 months and Google which can vest every month.
The actual number of shares you receive from Apple as part of your initial grant will be determined by dividing the grant total by the share price on the grant date. See below for the wording from an Apple offer letter.
To get a rough estimate of how many share you will receive, look at the average share price over the past 30 days.
Equity is the component where Apple has the most room to increase. In the negotiation tips section, we will cover a few strategies to maximize your equity when negotiating with Apple.
Apple has a different approach to performance bonuses vs other FAANG companies. To start, they don't usually list the target bonus in the offer letter. We recommend asking your recruiter what the target number is, even though they may try to dodge the question. For reference, target bonus does depend partially on team, but for ICT3 with a "meets expectations" performance rating, the target is on average 10% and at the ICT5 level, it is on average 15%. Here is the unfortunately vague wording from an Apple offer we negotiated:
You may be eligible to receive a discretionary bonus based on your individual performance and Apple's overall performance. Whether a bonus is paid and the amount and timing of the bonus payment is at the sole discretion of Apple.
This component is not negotiable. However, if you have a competing offer from a company like Google or Facebook, you should factor their performance bonus target into the total compensation calculation and use that as a reason to push for a higher offer from Apple.
Apple is the industry leader when it comes to stock refreshers. For most teams, these are paid out 1x per year and are based on your performance rating (from 5-9). In order to be eligible for stock refreshers in a given year, you must have joined Apple before April 1st.
Note, stock refreshers are not perfectly correlated to rating as your manager has significant influence over the process. That said, here is a rough guide for ICT4 SWE:
Stock refreshers, similar to the initial grant, vest over a 4 year period. As you can see from these numbers, stock refreshers can be up to 100% of your base salary. Unfortunately, it's tough to leverage this in cross offer negotiations as recruiters deem them too speculative since they are based on both your performance and your team. That said, it is clearly one reason to choose an Apple offer over a similar total compensation offer from a company like Amazon, which has basically no stock refreshers.
Rora has helped negotiate a wide range of offers at Apple. Candidates of course need to know the latest role-specific salary information like the Apple data scientist salary or the Apple technical program manager salary. However, it can also be useful to understand these salary trends at the industry level. Hence, we've complied that data for different roles setting the senior (L5) level as the benchmark.
Remember, the data points above are industry wide, not specific to Apple. There are many company specifics at play here. For example, an Apple hardware engineer salary tends to be above industry average. However, an Apple product manager salary is often below average and certainly lower than companies like Google.
Candidates often find it helpful to have a high-level overview of the negotiation process. However, this does vary by candidate, with one key vector being seniority. We've included a quick overview of the Apple leveling system below.
This is far and away the number 1 question Rora’s career partners are asked. It is a very common and valid fear, especially in today’s volatile economy. But what’s the actual probability that, when negotiating with Apple, they would decide to pull the offer?
First, let’s discuss what benefits it would have for Apple to rescind the offer. The primary reason a hiring manager would elect to rescind an offer would be a fear of liability with their intended hire - i.e., this hire may cause a scandal, this hire will in no way be able to perform their duties, this hire will be detrimental to Apple, etc. Aside from that, by the time an offer has been extended, Apple has already invested a substantial amount of time and money into the candidate they’re giving an offer to, and should have a solid understanding of how this candidate will perform in the role. It would be a net loss for the company to go through all those interviews, conversations, and putting together the offer to then decide that they want to cut ties with the candidate – this is something they try to de-risk before giving an offer.
Even in this economy, we have seen clients get increases in their offers from companies of all sizes by making respectful and well-reasoned requests. It’s very unlikely a company would pull the offer based on negotiation - in our experience, we’ve seen this happen less than 0.5% of the time. And that includes companies that are on hiring slowdown/freezes right now.
Now, there is a fundamental difference between getting an offer rescinded and losing the offer due to headcount. A headcount loss is solely based on the state of Apple and the necessity of the role within the team. This isn’t common but can occasionally happen if needs at the company shift – and is more common with earlier-stage startups. It is not reflective of your interview performance or skill level, and oftentimes companies will try to keep in touch with you and share other opportunities once headcount opens up. If your offer was rescinded, the company would not have any interest in keeping you warm.
Regardless of the low likelihood of getting an offer rescinded, we know that this is a very common fear – and one that often holds candidates back from negotiating! To help mitigate the risk (and increase your confidence while negotiating) - follow these dos and don’ts to lower the probability of your offer getting rescinded:
Here are some important pieces of information to keep in mind when negotiating your Apple compensation.
At Apple, unlike Google and Facebook, your hiring manager will have a more direct impact on your negotiation. It is worth setting up time with them to learn more about the team and build rapport. Your goal for those calls should be to make the hiring manager excited to have you join their team.
Apple recruiters are often pushed to submit a breakdown for your competing offer, and as a result, they will ask for many specific details about your competing offers. Be prepared to deflect these if there are certain pieces of information that are not in your best interest to share.
Unlike some other companies (e.g. Microsoft), Apple is willing to match offers from other top paying tech companies (e.g. Facebook and Google) for certain orgs and teams and when you have clearly laid our your negotiation leverage. This is certainly not an automatic response from recruiters, but it's helpful to know that you will hear less "we are unable to match Facebook" when negotiating with Apple if you are in the ML/AI org or on a high profile team in IS&S.
Apple does push deadlines to get candidates to sign. That said, Apple negotiations are less standardized than other companies, so this can vary a lot on a case by case basis. We've seen Apple attempt to force candidates to make a decision on an offer call or apply very tight timelines (24-48 hours). However, with the right strategies you can often get Apple to extend by a week or more.
Sameer is a Lead Negotiator at Rora where helps individuals understand their market value and supports them during the negotiation process. Sameer has done over 400 negotiations and has been negotiating professionally for 2 years.
Previously - Sameer worked in Venture Capital in North America and multiple start-ups in the Middle East, where he frequently used financial modelling and operational analytics to negotiate equity with investors.
As a negotiator, Sameer has assisted several clients in increasing their offers by millions of dollars, and has helped hundreds of talented candidates advocate to receive their appropriate compensation and seniority.
Over 1000 individuals have used Rora to negotiate more than $10M in pay increases at companies like Amazon, Google, Meta, hundreds of startups, as well as consulting firms such as Vanguard, Cornerstone, BCG, Bain, and McKinsey. Their work has been featured in Forbes, ABC News, The TODAY Show, and theSkimm.
Step 1 is defining the strategy, which often starts by helping you create leverage for your negotiation (e.g. setting up conversations with FAANG recruiters).
Step 2 we decide on anchor numbers and target numbers with the goal of securing a top of band offer, based on our internal verified data sets.
Step 3 we create custom scripts for each of your calls, practice multiple 1:1 mock negotiations, and join your recruiter calls to guide you via chat.
Yes! Although some Apple recruiters have a reputation of being tight in negotiations, it is still very common for Apple to negotiate. We've negotiated hundreds of Apple offers including more than $20M in Apple offers in the last year.
There is an extremely low likelihood that Apple will withdraw its offer by negotiating. Apple, or any company in general, would have expended a significant amount of effort and money by the time you received an offer. The organization would have already taken steps to reduce this risk throughout the route, so it would not be in their best interest to devote so many resources to one candidate only to sever ties at the offer stage. There are guidelines, however, to mitigate the risk of an offer being withdrawn, such as being polite and making fair demands.
Apple has a different approach to performance bonuses than other FAANG companies. They don't usually list the target bonus in the offer letter so we recommend asking your recruiter what the target number is. For reference, target bonus partially depends on the team, but for ICT3 with a "meets expectations" performance rating, the average target is 10% while at the ICT5 level, it is on average 15%.