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> The pay for Senior & Principal level positions at Netflix are $350k-$500k+ base compensation. The same shape of thing at Apple, Facebook, etc. would be about
by dunpeal 8y ago
> The pay for Senior & Principal level positions at Netflix are $350k-$500k+ base compensation. The same shape of thing at Apple, Facebook, etc. would be about half that in many cases.
A Principal Engineer at FB would make "half" of $350-500k in compensation?
Pure nonsense.
Moreover, it seems like Netflix pays more cash and less equity, so some folks on this thread love to talk about "base compensation", "salary", etc.
What really matters is total comp, and from what I know, Netflix is about on par with the rest of FAANG.
I don't know much about them directly, but I do know folks who work for FAANGs very close to Los Gatos, and would certainly be inteested in moving if Netflix paid more "by a significant margin".
- gms 8y agoNetflix is not on par. They do pay more than the rest can match.
- LaserToy 8y agoThey pay all in cash, other give stock. Almost same outcome.
- im_down_w_otp 8y agoI know about them directly, and also about the other companies directly as well. :shrug: You need better data.
- alecbenzer 8y agoYou're claiming total comp at non-Netflix FAANG for senior-principal is $175k-$250k? Would love to see any specific numbers you have but that just sounds straight up wrong. IME $200k-$250k is around what L4s at Google make in total comp. Are you sure this isn't a salary vs. equity thing?
- dunpeal 8y agoThere are multiple Netflix employees in this thread, all citing the same $360k total comp figure. I'm guessing GP is someone who heard base salary data for Netflix vs other FAANGs, and doesn't realize how much of total comp at a non-Netflix FAANG would come from bonus and RSUs.
- strangerlands 8y agoThey definitely pay more at Netflix for equal IC positions and very likely for Director roles. It is very rare to find ICs making 600-700 k total comp at Facebook or Google, not rare at all at Netflix.
- kamaal 8y agoThen it makes perfect sense. Not that hard to endure a little wild wild waste ride for $700K per year.
- strangerlands 8y agoI agree, they sometimes exchange dignity for money. In fact, it is not-my-wild guess that the probability of stopping a homicide steeply decreases with the amount of money given to look the other way. For some, even their sister's. Go figure for a job in tech.
- woolvalley 8y agoSo if they were nicer would they reduce their employee costs then? They justify their culture with I'm guessing handy-wavy justifications of business success?
- strangerlands 8y agoThe matter is not being nicer for the sake of it, but more not being a bunch of cultish, indoctrinating, out-of-touch-with-the-world, fake-no-nonsense people. I also tend to judge very negatively people who are "nice" or "not nice" depending on the economic benefit they get from their conduct.