sitemuscle.blogg.se - Apple product manager salary

Apple product manager salary full#
Apple product manager salary software#

So, what will? Companies negotiate when they believe you won’t accept their offer. You can go tell your Apple recruiter that $X is top-of-band and that you want that number, but in 90% of cases that won’t work. However, counter to what many people think, having compensation data alone is not typically enough.

Apple product manager salary full#

Apple’s numbers changed substantially from 2021 to 2022 (though we've seen some pullback with the recent market downturn), and it’s critical to know the full range for each component to optimize your negotiation. So now you've got the comp data, are you ready to negotiate? Not quite.įirst off, comp data is constantly changing. If you aren't familiar with Apple levels (which are quite unique), skip to the bottom to read this. Lastly, leveling is critical to understanding compensation bands.

Apple product manager salary software#

Engineering Program Manager is an entirely different pay band, although this may overlap with TPM for software or AI/ML teams. In general, TPMs at Apple are very technical and work to design equipment to manufacture products whereas EPMs are more of a cross-functional role and communicate more with leadership. Note: This post is focused on Technical Program Manager (TPM) roles - although, at Apple, there can be some overlap between TPM and EPM (Engineering Program Manager) roles. Note - you are only eligible for a full refresher in your first year of employment if you join Apple before April of that year, otherwise you’ll be granted one for the next year. Refreshers are typically given in October and also vest over 4 years. That said, employees with good reviews should expect more than 25% of their initial grant as a refresher grant each year (though this does vary by team). However, in typical Apple fashion, they often avoid sharing target numbers.

Apple stock refreshers: Apple is known to have one of the best stock refresher packages in the industry.

Each level has a different bonus target, which you will see listed below, and these are non-negotiable.

Apple performance bonus:Apple performance bonus targets are smaller than most big tech companies and less "guaranteed." Recruiters will quote a wide range of numbers that aren't reliable and this is made worse because Apple doesn't actually list target numbers in the offer letter (unlike Google and Facebook).

Sign-on bonuses at Apple are paid within 30 days of your start date, although they reserve the right to clawback part of it if you leave within 12 months. The standard is for the signing bonus to be paid for year 1 only, but there are some scenarios where it will be split over 2 years.

Apple signing bonus: Apple can offer large signing bonuses.

The actual number of shares you receive will be calculated by dividing the dollar value of RSUs you receive upon receiving your offer by a "share value." The share value is the closing price on the grant day (the 15th of the month after you join). These shares will be distributed every 6 months (slower than the industry standard of 3 months).

Apple equity (RSUs): Apple RSUs vest - meaning you receive shares evenly (25% a year) over a 4-year period.Their payment cycle and other base salary details are all standard. Apple base salary: Apple’s base salary bands are slightly lower than top-paying companies like Amazon and Meta.