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Thanks for you input. But I am aware of the breakdown of the compensation packages and I stand behind my statement having just accepted a new grad role at FAAN
by pmalynin 8y ago
Thanks for you input.
But I am aware of the breakdown of the compensation packages and I stand behind my statement having just accepted a new grad role at FAANG. 70-80k RSUs are on the lower end.
For example standard Facebook offers are 140 base, 100k signing, 150 stock / 4y.
I will be living with my partner and we calculated that with an apartment of 3-4k a month will be still saving at least tens of thousands of dollars a month, factoring in car lease, food, and what not.
- otalp 8y agoOh yeah, I agree that a FAANG job(Facebook is usually the highest TC) in the valley is way better value then staying in Canada. But of course the average person doesn't get close to that much. On _average_ software engineers are better off in Seattle than in the valley, and if their annual comp is less than 140k(average entry level salary is 100k in San Fran), they should consider alternatives that look like they pay less. Over the last 4 years accounting for stock rises, CoL and lower taxes, Amzn/Microsoft in Seattle would have paid out quite a bit more than FAANG in the valley.