[Speaker A]: Hello, Srijan.

[Speaker B]: Hi.

[Speaker A]: Hi, this is Tiranam. How are you doing today?

[Speaker B]: All good, how are you?

[Speaker A]: I am doing all right. Is this still a good time to talk?

[Speaker B]: Yes, it is.

[Speaker A]: Perfect, Perfect. How was your, how's your week going so far?

[Speaker B]: Pretty good. A little stressful at work but good otherwise.

[Speaker A]: Oh, too much work?

[Speaker B]: Yeah, it's always a little bit too much work at Rippling.

[Speaker A]: Wow. Okay, well I hope it bounces out soon.

[Speaker B]: Yeah, yeah, yeah.

[Speaker A]: So wanted to follow up. I know you had a chance to interview with the team so the team is definitely interested making the offer. So congratulations. Yeah.

[Speaker B]: Oh yeah, thank you. That's fantastic news and thank you so much for letting me know.

[Speaker A]: So with that said, I wanted to talk to you about few things. They are looking at a senior applied scientist title. So the few information I need from you is like are you actively interviewing? What's going on?

[Speaker B]: I am definitely interviewing at other places right now. But to be very frank, I think my conversations with Ranveer make me feel extremely bullish about his team and I think I would be most interested in joining his team and given the right offer I could stop interviewing at other places as well.

[Speaker A]: Okay.

[Speaker B]: Yeah.

[Speaker A]: Okay. And you are still with Rippling?

[Speaker B]: Yeah, I'm at Rippling right now.

[Speaker A]: Okay, so tell me, who are you interviewing with?

[Speaker B]: I have roles at OpenAI, which is a generic software engineering role. I'm also interviewing for a machine learning engineer at Meta and. And what was the last one? And I'm in early stages with a fewer smaller startups called. There's one called Stainless, it's based out of New York and there's a music generation startup called suno. So those are primarily the ones I'm looking at. Like out of those I'm mostly interested in like most interested in OpenAI. But, but like I said it's a generic software engineering role. I am more interested in like pivoting to AI research which is why I think like this Microsoft role and like conversations with Ranveer and I think that this would be the better move for me.

[Speaker A]: Okay, and then so, and so tell me you are based out of New York, are you looking for relocation?

[Speaker B]: No, I'm not looking to relocate.

[Speaker A]: So the position you applied for. Just a second, I'm going to back up here really quick. Okay. It does say multiple locations. Okay, so okay, so you're not looking for relocation, that's fine. And then so tell me, do you have any offer on hand right now?

[Speaker B]: No, not yet.

[Speaker A]: Okay. Okay, so let's talk about this then. As you're looking for opportunities, different companies, whatnot. What is your comp expectation?

[Speaker B]: That's a little hard to answer because I feel like it depends on the role. Like I expect the computer from OpenAI probably to be higher than this role, but it would be different to like it would be hard to compare them. Like it's not apples to apples. So like it depends from role to role.

[Speaker A]: Yeah, the offers from OpenAI or even Meta probably will be higher than Microsoft. But I think at the end of the day, like you said, what is the role? Right.

[Speaker B]: Yeah.

[Speaker A]: Where you want to go and what type of work you're going to be driving. So with that said, I do need to know because the comp expectation because that's when the business is going to come back and assign some number that probably is not going to be where you want to be. So I want to make sure you know, I am giving them what you need to hear. So.

[Speaker B]: I mean I can give you my current compensation, but like I said again, I'm open to negotiation and whatever like the however competition works at Microsoft. Willing to hear. Okay, but yeah, like currently I'm being paid around $220,000 in base salary at rippling and I receive about $300,000 of equity every year right now.

[Speaker A]: And how quickly are they vested or is this a startup?

[Speaker B]: This, they were. So this, the amount I mentioned is just for the next year, the next 12 months. They haven't IPO'd yet. So.

[Speaker A]: Yeah, they are. Pre IPO?

[Speaker B]: Yeah. Pre IPO. Yeah.

[Speaker A]: Okay. And then so there's no other bonus or anything else, is that correct?

[Speaker B]: That's correct.

[Speaker A]: No bonus, rent increase. Okay. So from there, you know, like, I mean obviously we are publicly traded companies. So with that said, you know, when we look at any pre IPO companies, right. I hope they do really well. I honestly feel that for every single candidate that I talk to and I hope that it comes through and it's really worth it, you know, like whatever the numbers are, they're expecting. But you know, when you look at a reality of it, you know, a lot of 50% of the companies really do well, 50% haven't. And so our Compton will obviously come back and say since it's a pre ipo, you know, there's not a whole lot to think of. But when we look at compensation for Microsoft, first and foremost I'll address one thing Microsoft is, and maybe now I think Google is headed that way too. We pay based on geolocation. What does that mean? Like if you are in a High cost Geo such as New York or Bay Area, the cost of living is high, right. So then the base pay is low, bit higher. Washington is a little bit lower than that. So our numbers are lower. Now somebody is working out of Texas, it's going to be even lower. Right. So there are different cost geo locations. So our base salary does adjust depending on where the offer is going to. With that said, you know, if an employee is in New York and they want to move to Redmond, let's say right at that time, you know they're nothing will change. The base salary will adjust because the cost of ling is lower. And I wanted to park this in the back of your mind and I hope you do take our Microsoft offer and if you ever decide to move to Redmond or I don't know, Texas, whatever that, maybe if that happens, that ping is there. So with that said, right. The numbers will be drafted, the other components of the offers will be same. So there will be a base salary stock awarded by the teams which is vested in four years. And then you know I'm going to try to request a sign on as well. Right. That's one piece. Second piece of puzzle is the benefits that's there for all of the employees. Microsoft benefits is one of the best in the country. Right. So that's there. And then the third component in there is also the reward models. Right. Because we have, because we're publicly traded company or whatever you want to call, we have annual performance that happens and anything and everything you do with your performance will drive three things. Merit, increase, cash bonus based off of your base salary. And then the third is a stock award. Just like the equity you get with this rippling. There's equity that is given to it that those are vested in five years, 5% on a quarterly basis that's given to them. Obviously the number is not going to be a 300k but you know there is there and then that's on every year that happens and based on your performance those three components will come into play. Now going back to the offer numbers itself, the base salary stock awarded by the team, that second portion, that stock awarded on higher stock is vested in four years. So first year on your anniversary you'll get a 25% of that and after that on every quarterly basis you get 6.25%. So in the four year you have gotten all of that right. Fully vested. So I just want to call that out. So now when we look at the numbers, you know I can definitely socialize some number I want to Give you a little bit of an idea of what that number looks like. You are welcome to think about it, come back to me. What I need is like your expectations versus you know, like because what, because we have to go through approval process. I'd rather ask for that number now than go back and forth, forth and, and because the leaders don't want to see it and you know it just puts, and it takes time, days too. Right. And I know Ranveer wants to make sure we close on this fairly quickly because there are lots of people interviewing and applying and he definitely wanted to make sure we bring you on board on this journey. So that's why. So I'll give you the numbers, think about it, let me know. This is what they offer usually to our senior applied scientist in the. And then you know, I will, once I hear back from you or you can tell me now, I will go back to the team and start working on those numbers. Right. So the base salary you had mentioned where you are 220k. And I am looking at a New York structure right now. So for the New York or California, the base salary you see the offer is about 196k. That is at. Right the midpoint, excuse me, 220k. Something they would pay like very, very senior at the very high end who is in the cusp of become a principal. That's what the number that will be exercised at 224New York and California. Just so you know now and then the on hire stocks which is vested in next four years, you know the range they start out at very low number of 55k. And you know I can push it up to $140,000 in four years but you know I will take your feedback on that. And then the third thing here is sign on. I can probably get you a $20,000 sign on without going into getting additional approvals. Right. But of course run meter has to approve. You can see he's the leader of the org. But so, so give me your response. I guess.

[Speaker B]: Yeah, it's a, it's like, like it's a pretty big decision. So I don't want to hastily say something but I mean honestly there's a, like a large gap even with like my current compensation. So maybe give me like a day or two to think about it and I can, I mean I want, I want to join the team definitely.

[Speaker A]: Yeah.

[Speaker B]: But I also want to, I also want this to make like financial sense for me. Yeah, of course, yeah. So maybe, yeah, I can reach back in like a day, perhaps. Maybe even tomorrow.

[Speaker A]: Yeah, definitely. And just keep in mind, right, it does take time, whatnot. Now, you mentioned you have worked in Microsoft before.

[Speaker B]: Yeah, I have. I was like, way back. Like in 2017. I was a intern at Microsoft Research.

[Speaker A]: Do you remember your alias back then?

[Speaker B]: It was either SGARG or srgarg.

[Speaker A]: Okay. Okay. All righty. Sounds good. And then there is one question in there that I didn't see it answered. Perhaps with regards to your eligibility to work in the U.S. are you needing some kind of support on a visa or.

[Speaker B]: Oh, yeah, I will need an. I'm on an H1B, so I will need that to be transferred over.

[Speaker A]: Okay, no worries. Sounds good. And we do do those here at Microsoft, so I'm not worried about that. So already. So why don't you think it through? I'm going to let Leo know that you and I are connected and runvier. And you're going to circle back with me by tomorrow with your expectations, and then we'll get going from there.

[Speaker B]: Okay, Perfect. How do you want me to contact you? Should I email you?

[Speaker A]: Yeah, email is perfect. Email is perfect. I have quite a few meetings tomorrow and I hate to miss your call. So just put that in an email for me, like a base salary and total comp expectation. Right. And then that's all I need from you. And I'll build from there.

[Speaker B]: Okay, perfect. Thank you so much.

[Speaker A]: All right. You take care.

[Speaker B]: You too. Bye. Bye.

[Speaker A]: Bye.