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Even 4 years at FANG with million in savings is laughable. You gotta be pretty high up the ladder. It is definitely not the average.
by nojvek 8y ago
Even 4 years at FANG with million in savings is laughable. You gotta be pretty high up the ladder. It is definitely not the average.
- pm90 8y agoActually an initial grant of 600K in RSU's in a FAANG would probably net that much with 4 years of rapid growth in stock price. And don't forget the cash component isn't peanuts either.
- nojvek 8y agoIs 600K RSUs a normal thing? I’m guessing it’s only for senior+ engineers only. That’s a ridiculous amount of money. Microsoft feels very stingy if this is the normal.
- pm90 8y agoThe old guard (MS, IBM etc.) seem stingy indeed when it comes to comp (except for executives, who seem to be compensated somewhat similarly across the board). The newer software firms are much much better at adequately compensating software engineers, and especially senior software engineers. If you are a senior software engineer you should seriously consider trying getting compensated along those lines.