Hi all— I'm here on behalf of my lovely son, as there seem to be a lot of people “in the know” here.
My son is going to graduate in Feb., with honours, with a dual-degree: computer science/computer systems engineering. He's in the top 1% of all undergrads. He's currently an intern at a super-great (industry-leading) place who are promising to keep him on as an intern through March of next year. He is being paid $30 per hour + super (being paid, to learn!).
After his final thesis presentation, he was approached by someone from a uni dept. asking him if he'd ever considered staying to complete a doctorate. Apparently, he can go direct if he has the right stuff in place there (looks very good he does). There is an area there which he is interested in, which is inline with his final thesis on deep machine learning.
He has been told that while pursuing the doctorate, he will be paid a very nice stipend ($30,000) which may actually be increased w/additional uni funding.
Later the same day, he was contacted by a company he'd applied to online (first real job he'd applied to!) & he was their top choice. They have offered him a job with them, starting at $60,000 with increases according to how he does with them. I saw what he did for them for their “pre-test” that they wanted him to code from scratch. He's really good. However, the job will see him only using the one language he hates & there's no one there he can go to as a mentor because he's the only one working on the software-side.
a) neither of us has any idea what sort of bargaining ought to be done on the job side. As a first job, does he just accept what they offer, or…?
b) both of us are trying to decide if staying at the uni would net him better prospects moving forward. I said to him that he may never get this chance later if he begins his working career now. The way education keeps getting slashed, that offer could vaporize by the time he were to try to go back (& how do you work full-time AND do the full workload for the degree?). Also, out of that $60k will be payback of his HECS. So, after tax & 5% to HECS it's only about $45k.
Opinions appreciated. We just found all of this out before the weekend and are out of our depths. After saying it's important & to take time to think it over, the job then said, "we need an answer— in two days"!