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They don't once mention total comp, it's all about salary, outside of large corporations this isn't far off, but for FANG this makes a big difference. Even if
by dasil003 9y ago
They don't once mention total comp, it's all about salary, outside of large corporations this isn't far off, but for FANG this makes a big difference. Even if they are including RSUs, there's no way they can reasonably value ISOs which are huge for the middle-tier startups.
The other thing is the average/median is almost certainly being brought down by the loads of juniors, and tiny ramen-style startups that aren't paying shit. On the flip side, they may be excluding some engineering management roles on the top end.
Also, remember that outside your bubble there are a lot of companies of all sizes that need software engineers and don't have access to the same talent pool. There are an awful lot of people hanging out pulling a salary that have absolutely no business being software developers, and are happy to make $50-80k by just knowing enough to fly under the radar in a big shop.