Not just specific companies, but largely specific areas (which have to compete with specific companies). New grads will, statistically, never see signing bonuses in their career, much less out of school. People paying bonuses for new grads is a sunk opportunity cost and a company should never do it unless it hurts them in some measurable way (cost-benefit analyses are important).
I've interviewed hundreds of people in Southern California, some who came out of google (does give signing bonuses) or Amazon (rarely signing bonus) and it has happened that Blizzard tempted some people with a little bonus...but these are uncommon.
People who jump company to company (google to amazon and back) don't get bonuses (as rehires), although that's outside the topic of "new grads".
I joined Amazon as a new grad. Signing bonus was part of the standard new grad offer.
> People paying bonuses for new grads is a sunk opportunity cost
Sure but FAAMG aren't really trying to pinch pennies. Signing bonuses also usually have a clause where you have to return it, if you don't at least stay a year. Signing bonus as a new grad is a HUGE help to the new grad. When you're competing between FAAMNG, that signing bonus can sway what offer a new grad would accept.
> google (does give signing bonuses)
I'm currently at Google but I had to negotiate the signing bonus. It wasn't part of my original offer.
I'm in SoCal, lots of companies around here will do low five figure starting bonuses now if you ask. I've seen 5k-15k in my offers at either smaller startups or non FAANG.
Nope, have had a couple offers from small and mid-sized cos with signing bonuses in Austin. Not anywhere near FAANG-sized signing bonuses, mind you, but they exist.
I am curious about standard Bay Area FAANG signing bonuses for mid-senior level. This new grad offer from the post sounds insane to me, regardless of talent:
$115,000 salary
$240,000 equity/4 years, 1 year cliff then quarterly
3 of my friends got this, all at Facebook. Not to say this is standard, but this is not outlier. Some hedge funds pay more.
AFAIK only Facebook gives 100k signing, and it's usually for returning interns and after negotiation with competing offers (usually other FANG or hedge fund offers).
Amy idea of their signing bonus outside of new grads? I'm wondering what they offer people with real experience if they give that much to people without any. Relevant for me because I'm interviewing with a large financial firm that "pays similarly to FB". I doubt their claim, especially in light of these numbers.
Startups in non big VC states (WA, NY, CA) tend to not have signing bonuses. Every company I'd apply for has some sort of signing bonus, FAANG and not-FAANG.
I am kind of shocked at how poorly Amazon pays new grads on top of unfavorable vesting schedules. There is a reason most of my friends left it in < 2 years for better work and pay.
I hope you are paid what you wanted to be paid. On average my experience has been that Amazon's offers are lesser than Google and Facebook's. Not to mention no free food which would be okay if Amazon paid more but that is not the case.
I've interviewed hundreds of people in Southern California, some who came out of google (does give signing bonuses) or Amazon (rarely signing bonus) and it has happened that Blizzard tempted some people with a little bonus...but these are uncommon.
People who jump company to company (google to amazon and back) don't get bonuses (as rehires), although that's outside the topic of "new grads".