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I'm pretty sure I've had few recruiters tell me, poaching from Netflix is almost impossible because of their ridiculously high salaries.
by tpae 9y ago
I'm pretty sure I've had few recruiters tell me, poaching from Netflix is almost impossible because of their ridiculously high salaries.
- pfarnsworth 9y ago450k/yr cash for senior software engineers. No bonus, no RSUs, I think maybe 5% of that is in stock. Nothing else though, which would be fine by me.
- conanbatt 9y agoSource? Glassdoor shows 200k https://www.glassdoor.com/Salary/Netflix-Senior-Software-Engineer-Salaries-E11891_D_KO8,32.htm https://www.glassdoor.com/Salary/Netflix-Senior-Software-Eng...
- pfarnsworth 9y agoGlassdoor would be completely wrong.
- kzisme 9y agoSource?
- ryandrake 9y agoLOL, you won't find one, because if true that's got to be an outlier by several standard deviations. Whenever a salary discussion comes up on HN, someone always comes out of the woodwork to let us all know that his brother's niece's room-mate's boyfriend makes $300K+ at BIG_TECH_CO, so therefore that must be what tech companies pay.
- phamilton 9y agoI don't know why people are so adamant about this being an outlier. Yes, not all tech companies pay $300k+ for senior engineers. But Netflix/Google/Facebook do. I don't know why that should be a problem for people. Denying it, and mocking anyone who brings it up, just depresses wages for engineers across the board.
- ryandrake 9y agoPeople are adamant about it because in all cases, those claiming these salaries are common provide no evidence to back up their claims. It's always "I know this guy who..." or "It just is, I'm telling you!" You can argue that glassdoor and other online surveys are self-selecting and suffer from this or that bias, but at least they (presumably) are trying to back their results up with data. Multiple online sites agree that a median & average Senior Software Engineer BASE salary in the Bay area is between $130K and $140K [1] [2]. If you want to say this is wrong, fine, come in with some other actual data rather than just hearsay and doubt casting. If you want to say "but that's just base salary" also fine, but show some total comp data with a sample size greater than N=1. 1: https://www.glassdoor.com/Salaries/san-francisco-senior-software-engineer-salary-SRCH_IL.0,13_IM759_KO14,38.htm https://www.glassdoor.com/Salaries/san-francisco-senior-soft... 2: http://www.payscale.com/research/US/Job=Senior_Software_Engineer/Salary/11028638/San-Francisco-CA http://www.payscale.com/research/US/Job=Senior_Software_Engi...
- brendangregg 9y agoCan you tell me your companies name, your full name, and share proof of salaries for engineers at your company (merely to settle an argument on HN)? No? That is why it's not commonly shared and proven like you are asking for. Try putting yourself in the other person's shoes.
- pfarnsworth 9y agoTypical HN comment making bullshit assertions without any evidence. Look at the links I posted.
- phamilton 9y ago
- runT1ME 9y agoNetflix has an employee stock purchase program that let's them purchase stock at a discount. Netflix's stock went from 80 to 160 in the last year, so I think it's not too far fetched to assume some of the less risk averse Netflix employees did fantastic in the last couple years.
- matt_wulfeck 9y agoHe's referring to base salary, not including the automatic 5% stock grant.
- pfarnsworth 9y agohttp://h1bdata.info/index.php?em=NETFLIX&job=SENIOR+SOFTWARE+ENGINEER&city=&year=2015 http://h1bdata.info/index.php?em=NETFLIX&job=SENIOR+SOFTWARE...
- conanbatt 9y agoH1b visa for next flix doesnt show almost* anything above 200k either. Biased sample, but still. Im sure some make that amount, but i gotta wonder about how many.
- user5994461 9y agoH1B is biased against high salaries. Immigrants are not aware of local salaries and can't change companies.
- mahyarm 9y agoYou can change companies, and the hiring tech companies are willing to do the paper work. Small startups might not be willing due to $$$, but they won't pay well if they don't want to do that.
- pfarnsworth 9y agohttp://h1bdata.info/index.php?em=NETFLIX&job=SENIOR+SOFTWARE+ENGINEER&city=&year=2015 http://h1bdata.info/index.php?em=NETFLIX&job=SENIOR+SOFTWARE...
- conanbatt 9y agoAh! Seems i overtrusted the sorting on the page. You are correct, there are definitely multiple 300k+ items!
- zerr 9y agoWhen you factor in stocks, bonuses, healthcare and benefits the pay is same as in any other big N companies. Add family-friendliness, job stability to the list and you have much more than Netflix offers.
- bmwe30is 9y agoI would venture to say that our family-friendliness, stability, and benefits are on par (if not better) than other large companies. Everyone takes whatever time off they need. There's no guilt associated - we always shun folks that check email and chat channels when they take vacation. I personally appreciate cash directly in my pocket versus a gym, yoga rooms, and toys scattered about in the office. I come to the office to work, not play. I don't need nor want the company buying things that don't help me get my work done effectively. I also appreciate the sense of mobility in my career. I don't have to wait four+ years for stock options to vest. Four years is a very long time in any tech company. I also don't want my compensation tied to stock performance.
- ryandrake 9y ago> I also appreciate the sense of mobility in my career. I don't have to wait four+ years for stock options to vest. Four years is a very long time in any tech company. On the flip side, you also don't want to be faced with a massive drop in your take-home pay after the 4th year (once salary+RSU becomes just salary), forcing you to jump ship. I've been to a few "vesting parties" for co-workers where they quit after exactly 4 years to the day. I'm told some companies are known to do "evergreen grants" to help mitigate this effect.
- arielweisberg 9y agoI am surprised to hear there is any company that just quits you on stock cold turkey. The expectation everywhere I have been is that you will get refresher grants not just at the end of year four but earlier than that. Anywhere from 6 months to 2 years. Either way I don't care what they do. If my compensation changes for the worse for the worse (knock on wood has never happened) or my stock isn't performing then I deal with it then. I value options from every company that gave me them at zero and 2/2 I was right. Hell they had negative value at one since I exercised and I really think I will be lucky if I even get that money back. Getting crammed at every financing event sucks. Live and learn I guess.
- draw_down 9y agoMaybe we should stop thinking they're so ridiculous.