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300 tc is pretty standard for FAANG and the big unicorns. I pull down 330k w 5 years experience at a Uber. 180 cash, 150k equity. I’m incredibly average, 5 year
by 0xB31B1B 9y ago
300 tc is pretty standard for FAANG and the big unicorns. I pull down 330k w 5 years experience at a Uber. 180 cash, 150k equity. I’m incredibly average, 5 years exp.
- adamnemecek 9y agoIt’s definitely not standard. Esp at say amazon.
- devy 9y agoIt depends on position. Total compensations for AI positions in top tier technology firms are well beyond $1M mark, some go as high as $3M annually.
- adamnemecek 9y agoHow many people are making 3M?
- throwaway713 9y agoWhat is the job title for one of these positions? Background required? What is the daily work like?
- devy 9y agoI donno. Research Scientist/Machine Learning Researcher? They're probably tasked with analyzing data and create AI models to assist AI-assisted product features / apis, etc.
- inmyunix 9y agotalk about an edge case. top of the top of the top.
- neopanz 9y agoDo you have data/sources?
- godelmachine 9y agoI think a PhD is compulsory at that level
- fjsolwmv 9y agoAmazon is a huge exception. You do well at Amazon when the stock price explodes upward and the equity value grows more than your total salary, because Amazon cuts salary and equity refreshes to cancel out stock growth as much as possible. Amazon stock price had been exploding updward on average for the past decade though.
- jhall1468 9y agoRight now it's happening a lot actually, because of stock growth. There are a mountain of people making over $300k whose total comp should be lower.
- ryandrake 9y agoYou forget: Everyone on HN makes $300k, drives a Porsche and has a supermodel as a significant other. I’d regard the self-reported anecdotes as outliers. $300k (total including equity) is at least one, possibly two standard deviations above the mean for software professionals. I’ve been in the industry for 20 years and work at one of these ‘top’ places and don’t make anything even close to that. These threads are always good for a morning laugh though.
- adamnemecek 9y agoLol, I know.
- gremlinsinc 9y agothis makes me sad... On paper i make 90k, but haven't been paid in > a month because of cashflow (dev firm with one major client (MLM Company) who's not paying recently and not happy). Before that most I've made is 65k.. as a jr/intermediate web dev. The rest of my company quit, because of the pay issues, so I'm now the sole dev trying to pull us back up from the void, as a bonus now I'm a partner and President of Software Development... with 10% equity should we succeed. I'm always 'planning' on groking ai/ml but I never did algebra 2 or calculus, so I've got some math I need to brush up on before I get there. Before I get there i'll probably have my own tech agency/consulting firm and just go the entrepreneur route, rather than become a level 10 developer working on ai, but I can always dream right?
- markoman 9y agoCost of living mustn't be too high where you're at or I wouldn't imagine you'd be able to make ends meet with the savings that $65K would afford. I hope the absent payroll doesn't last long for you. One has to wonder what your hours are if 'the rest' of your company quit. Good luck.
- gremlinsinc 9y agoLately it's about 12 hours a day... till I get us to launch day on the clients app. Then we should get all back-pay they're withholding...I can burn both company/client to the ground, if I'm not paid eventually, and I'll pull the nuclear option if I have to. Hopefully after launch we can afford at least 2-3 more devs, as pres. of software, I'm planning on making us be more 'lean' and spend less money. We got rid of the office/went remote for one thing. We'll focus more on full-stack devs instead of having frontend/backend people who would sometimes sit around and wait for the other team to finish something that was blocking them... working the back/frontend of the stack can alleviate those bottlenecks some.
- lochlan 9y agoIgnoring stock appreciation Sr. SDEs at Amazon have a total comp target of ~$250k-$350k. Same for L6 SDMs. It’s definitely “standard” for some levels/job families.
- godelmachine 9y agoMay I ask what's SDM?
- CryoLogic 9y agoAmazon comp is below 300 until probably principal level. Maybe a few seniors have it.
- mabbo 9y agoDepends also on location. Toronto amazon employees have lower salaries because there isn't enough local competition for talent.
- fjsolwmv 9y agoThat implies that there are thousands of employees, including very hard to achieve senior engineer level who work at a Amazon only because they dont care about making an extra $100k/yr or are in love with the company or can't pass interviews at any of Microsoft or Google or Facebook or one of the many local startups. I believe it for juniors who all quit after 2 years if they can, but seniors?
- akhilcacharya 9y agoAn L6/SDE3 that started a few years ago might do it with stock appreciation
- prostoalex 9y agoSeem to highly depend on date of joining. Is it unreasonable to assume that someone who joined around 2015, when the shares were in $300-400 range got an offer with a grant of 1,500-2,000 shares for mid-level?
- aantix 9y agoShouldn’t there be a distinction made between public and private company equity? 150k of Facebook stock seems much more desirable vs 150k of Uber stock because at least with Facebook stock you could liquidate it on the public market? Or am I missing something? Paysa puts Uber at #1 for compensation, but their stock isn't liquidatable like a public company. Doesn't make sense. https://www.paysa.com/company-rank https://www.paysa.com/company-rank
- adamnemecek 9y agoUber stock has more promise of growth. Also there are private markets (idk to what extent one can participate tho).
- alangibson 9y agoAnd more risk that they will never even go public. I've had options for more than one company that no longer exists.
- solarkraft 9y agoCan't you sell the stake privately? Does it have to be approved by some higher up? I'm guessing it depends on the company.
- chrisper 9y agoUber Stocks don't feed you tho.
- madeofpalk 9y agoCan't pay the rent with private equity!
- fjsolwmv 9y agoThe secondary market used to be an easy way to liquidate, back before FB IPO. Is it still ok? https://sharespost.com/companies/uber/ https://sharespost.com/companies/uber/
- alangibson 9y agoBy 5 years experience, do you mean 5 years out of school? If so, where did you go and what did you specialize in?
- 0wl3x 9y agoWhat was your salary trajectory? Where did you start and at what point did you start reaching the 200k+ to 300k+ range?
- dx034 9y agoIs that equity you can sell? Or does it have several years lock-up? In that case I can imagine that the value is hard to estimate, e.g. SNAP employees will have had a significantly lower comp than thought.
- prostoalex 9y agoCompanies generally under-value private equity precisely for the purpose of compensation, as potential hires are attracted to upside. SNAP employees who started around IPO time or a few months thereafter are likely having a bad time, longer time employees have received equity at much lower prices than today's $15.