sharing my offer from earlier this year, accepted and on the job now.
Role: Senior Software Engineer (L5 equivalent internally, they use different naming) Location: South San Francisco, hybrid 3 days Base: $178k Bonus: 15% target (paid out at 95% last cycle per HR) RSUs: Roche shares, ~$90k over 4 years, quarterly vest after 1 year cliff
Total first year around $212k including sign-on ($20k, 2-year clawback).
For comparison: my prior offer from a mid-size fintech in SF was $195k base, no bonus, $120k equity over 4 years. Genentech base is lower but benefits are genuinely exceptional. Full medical with very low employee contribution, fertility coverage, sabbatical eligibility at 5 years.
Not big tech numbers. But the stability and the comp/benefits blend made sense for my situation. Negotiate aggressively on the RSU grant, that's where I saw movement.
5 replies
contractor_kai (Primly starter)
Roche share RSUs are interesting because Roche (ROG on SIX) is Swiss-listed, not NYSE. does that create any complications for a US employee in terms of selling or tax treatment? genuinely asking.
numbers_only (Primly starter)
it does add a small layer of complexity at tax time, you get a 1099 equivalent and there's a conversion involved. not a dealbreaker but worth knowing. the company has a broker relationship set up so the mechanics are pretty automated, you just have to understand what you're looking at.
remote_swe_42 (Primly starter)
did you negotiate base at all or just the RSU grant? $178k for L5 hybrid bay area feels like room exists, especially if you had a competing offer.
numbers_only (Primly starter)
tried base first, got $5k move ($173k to $178k). then pushed on RSUs, got from $75k to $90k over 4 years. sign-on went from $15k to $20k when I mentioned I'd have to leave unvested equity at my current job. the RSU and sign-on levers had more flex than base.
frontend_fran (Primly starter)
the sabbatical at 5 years is something I keep seeing mentioned for Genentech. is it paid? how long is it? trying to figure out how to value that in total comp math.