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The fact that you are doubting the information I wrote in the previous comment, suggesting the parent poster to not necessarily believe them, is disturbing. I

The fact that you are doubting the information I wrote in the previous comment, suggesting the parent poster to not necessarily believe them, is disturbing. I can only say I truly got those packages and I’m an average engineer. I suggest you ask to the close friends you have working at FAANG if those are true.

sjg007 8y ago
The 450k includes money for health insurance right and in lieu of stock? I heard that Netflix would allow you to select compensation based on how much risk you are willing to take.
- deanmoriarty 8y ago
  Mostly correct, though I’m sure there were some employer subsidy for the health plan, and the ability to get some more advantage from the stock growth via something similar to ESPP. I didn’t dig too deep into that because I recklessly opted for the startup instead of FAANG :), but the best deal was FB: everything was paid for and they were also offering a fat sign on bonus of 100k
dyeje 8y ago
First of all, I didn't read your previous comment and you are not the parent post of the comment I replied to. I am sorry you are 'disturbed' by my skepticism of random people on the internet, but I don't have friends working at FAANG so all I have to go off is my own experience and publicly available info. Based on those, I find it hard to believe how many people here post that they make 500k+.
- deanmoriarty 8y ago
  I suggest then you download the blind app. It’s an anonymous app where people share offers they get (especially from FAANG), mostly to ask for negotiation advice. That’s where I posted my offers back then, as a sounding board to make sure I wasn’t taken for a ride. You’ll quickly discover that either those compensations are real and very common considering how many posters are there, or the app is literally full of trolls pretending to have those offers and ask tips to other trolls, for whatever reason (except that they need to have a valid FAANG email account to post, so go figure why they would lie). And there are many other resources to vet those numbers, such as http://levels.fyi http://levels.fyi or advice from “trusted” folks in the software community like patio11: https://mobile.twitter.com/patio11/status/1006321911926870017 https://mobile.twitter.com/patio11/status/100632191192687001... As to why I am disturbed: people who don’t believe average software engineers can make that much are the reason why many employers don’t pay that much, so they drive down the overall compensation in the industry. If all software engineers were more aware of their market value, there would be less discrepancy in compensation, such as in other mature fields (e.g. doctors, lawyers). So, the fact you don’t believe me it’s disturbing because it’s directly affecting the job market I’m in.
  - dyeje 8y ago
    The sample size for levels.fyi is small and in Jeff Atwood's reply to patio11 only 7% of responders said they make over 400k+. I don't doubt that there are people out there (or even you) making that much, I just don't believe every rando on HN that chimes in to a salary thread saying they do. Sorry ¯\_(ツ)_/¯. That said, would love if someone made a site dedicated to collecting these offer letters. Would certainly help next time I'm job hunting.
- patio11 8y ago
  Hiya Dyeje. My name is Patrick. I was previously the CEO of a recruiting startup, have many friends who work at AppAmaGooBookSoft, and am broadly considered credible on HN. I do not work at AppAmaGooBookSoft and my financial exposure to them is denominated in probably tens of dollars; to the extent I am biased here, my incentives are to convince people to not take their offers. AppAmaGooBookSoft do, indeed, pay deep into the six figures. Each of them has an engineering ladder, where promotions start off like promotions in grade school. If you're not fired, you make it to level X. (They don't fire many people.) The offer at X is, depending on negotiation skill, phases of the moon, perceived competition (particularly on the initial offer stage), and slight variations in performance, about $450k. There are promotions available after X. People get them, approximately daily. There are many people for whom it is not in their interest to tell you this, because it will make their offers or proposed life plans less attractive by comparison. There are many HNers who prefer ignoring reality on this issue, sometimes out of jealousy, sometimes out of pride, or sometimes out of believing that they can reason from first principles what Google should pay a Senior Software Engineer and therefore ignore what Google does pay a Senior Software Engineer. These people are wrong. The market prints the deals where the market prints the deals.
  - deleted 8y ago
    [deleted]
  - mailshanx 8y ago
    Do you know if there are any other markets other than the USA where a competent (but not necessarily celebrity-famous) dev can make 300-400k a year? For many good devs, immigrating to the USA is close to impossible in these times. Would be nice to know if these kinds of salaries are attainable outside the states.
    - jasonkester 8y ago
      Plenty of those American companies hire remote developers. I spent several years working for them here in France and the UK, for market compensation as measured at the Bay Area companies being discussed here. Some places will try to pay you less based on your location. You can't blame them for trying, but you don't have to accept their first offer, either. The market is really good now.

sjg007 8y ago

The 450k includes money for health insurance right and in lieu of stock? I heard that Netflix would allow you to select compensation based on how much risk you are willing to take.

deanmoriarty 8y ago
Mostly correct, though I’m sure there were some employer subsidy for the health plan, and the ability to get some more advantage from the stock growth via something similar to ESPP. I didn’t dig too deep into that because I recklessly opted for the startup instead of FAANG :), but the best deal was FB: everything was paid for and they were also offering a fat sign on bonus of 100k

dyeje 8y ago

First of all, I didn't read your previous comment and you are not the parent post of the comment I replied to. I am sorry you are 'disturbed' by my skepticism of random people on the internet, but I don't have friends working at FAANG so all I have to go off is my own experience and publicly available info. Based on those, I find it hard to believe how many people here post that they make 500k+.

deanmoriarty 8y ago
I suggest then you download the blind app. It’s an anonymous app where people share offers they get (especially from FAANG), mostly to ask for negotiation advice. That’s where I posted my offers back then, as a sounding board to make sure I wasn’t taken for a ride. You’ll quickly discover that either those compensations are real and very common considering how many posters are there, or the app is literally full of trolls pretending to have those offers and ask tips to other trolls, for whatever reason (except that they need to have a valid FAANG email account to post, so go figure why they would lie). And there are many other resources to vet those numbers, such as http://levels.fyi http://levels.fyi or advice from “trusted” folks in the software community like patio11: https://mobile.twitter.com/patio11/status/1006321911926870017 https://mobile.twitter.com/patio11/status/100632191192687001... As to why I am disturbed: people who don’t believe average software engineers can make that much are the reason why many employers don’t pay that much, so they drive down the overall compensation in the industry. If all software engineers were more aware of their market value, there would be less discrepancy in compensation, such as in other mature fields (e.g. doctors, lawyers). So, the fact you don’t believe me it’s disturbing because it’s directly affecting the job market I’m in.
- dyeje 8y ago
  The sample size for levels.fyi is small and in Jeff Atwood's reply to patio11 only 7% of responders said they make over 400k+. I don't doubt that there are people out there (or even you) making that much, I just don't believe every rando on HN that chimes in to a salary thread saying they do. Sorry ¯\_(ツ)_/¯. That said, would love if someone made a site dedicated to collecting these offer letters. Would certainly help next time I'm job hunting.
patio11 8y ago
Hiya Dyeje. My name is Patrick. I was previously the CEO of a recruiting startup, have many friends who work at AppAmaGooBookSoft, and am broadly considered credible on HN. I do not work at AppAmaGooBookSoft and my financial exposure to them is denominated in probably tens of dollars; to the extent I am biased here, my incentives are to convince people to not take their offers. AppAmaGooBookSoft do, indeed, pay deep into the six figures. Each of them has an engineering ladder, where promotions start off like promotions in grade school. If you're not fired, you make it to level X. (They don't fire many people.) The offer at X is, depending on negotiation skill, phases of the moon, perceived competition (particularly on the initial offer stage), and slight variations in performance, about $450k. There are promotions available after X. People get them, approximately daily. There are many people for whom it is not in their interest to tell you this, because it will make their offers or proposed life plans less attractive by comparison. There are many HNers who prefer ignoring reality on this issue, sometimes out of jealousy, sometimes out of pride, or sometimes out of believing that they can reason from first principles what Google should pay a Senior Software Engineer and therefore ignore what Google does pay a Senior Software Engineer. These people are wrong. The market prints the deals where the market prints the deals.
- deleted 8y ago
  [deleted]
- mailshanx 8y ago
  Do you know if there are any other markets other than the USA where a competent (but not necessarily celebrity-famous) dev can make 300-400k a year? For many good devs, immigrating to the USA is close to impossible in these times. Would be nice to know if these kinds of salaries are attainable outside the states.
  - jasonkester 8y ago
    Plenty of those American companies hire remote developers. I spent several years working for them here in France and the UK, for market compensation as measured at the Bay Area companies being discussed here. Some places will try to pay you less based on your location. You can't blame them for trying, but you don't have to accept their first offer, either. The market is really good now.