5 ms·

$450k is approximately the package (salary, bonus, 1 year of RSU vesting) for the “career level”, the point in the ladder that all devs are expected to make if

$450k is approximately the package (salary, bonus, 1 year of RSU vesting) for the “career level”, the point in the ladder that all devs are expected to make if they’re not fired. AppAmaGooBookSoft people can tell you the exact name of it at their firm. It’s not insane, it’s the market.

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shove 8y ago
was going to call BS until I saw your username. Would love to be hitting those numbers. Only been doing this 20+ years :/
badfrog 8y ago
E5 (the terminal level) at FB is more like $325-350k. I think Google's terminal level is L4, which would be around $250k. $450k is totally within reach for people willing to put in the effort to hit E6/L6, but it's definitely not the norm for terminal level. Source: personal experience and https://www.levels.fyi https://www.levels.fyi
- akavi 8y ago
  Google's terminal is L5, which would be around ~340 k$/yr. I do think patio's overstating things by saying 450 k$/yr.
lifeisstillgood 8y ago
But ... I am having to readjust my understanding of "the market" Ok so is this just the global tech firms, who have a 1-2 billion user base so every good and bad software decision gets multiplied by a lot of zeros and it's worth the cost. Or is this a function of tech firms in the valley - a function of supply and demand (plus house prices) Or are the non global reach tech firms also having to join this bidding war - this is the part I have trouble believing I have worked for the past several years in a major US bank - and I do very well for a UK contractor - but no where near this well. And I am not noticing that there are people on a large multiple of me as a daily rate. I am sure there are but this seems ... common ... at FAANG In short, Do I move to silicon valley and get any job, do I apply to Google any location or do I just wait for the rest of the world to catch up?
- badfrog 8y ago
  FB and Google pay the same for all their US locations and significantly less in non-US locations. Most non-FANG companies, even in SV, are not close on comp.
- lifeisstillgood 8y ago
  I am unsure that my rant above was helpful - I needed to seperate "why don't I get the cash" from "is this an indicator of something important" So I think my main question is, is software eating so many jobs that it is reasonable for a "mid level" software dev to capture so much of the cash, or is this a function of specific tech firm structures (SV scarcity, amazing stock options right now, etc) Looking at the levels.io site it indicates that there is a massive FAANG/ non Faang gap - so I think the later might be accurate. But it is a scary thought for any company competing for talent ...
wheelerwj 8y ago
just because its the market doesn't mean its not insane.

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shove 8y ago

was going to call BS until I saw your username. Would love to be hitting those numbers. Only been doing this 20+ years :/

badfrog 8y ago

E5 (the terminal level) at FB is more like $325-350k. I think Google's terminal level is L4, which would be around $250k. $450k is totally within reach for people willing to put in the effort to hit E6/L6, but it's definitely not the norm for terminal level. Source: personal experience and https://www.levels.fyi https://www.levels.fyi

akavi 8y ago
Google's terminal is L5, which would be around ~340 k$/yr. I do think patio's overstating things by saying 450 k$/yr.

lifeisstillgood 8y ago

But ... I am having to readjust my understanding of "the market" Ok so is this just the global tech firms, who have a 1-2 billion user base so every good and bad software decision gets multiplied by a lot of zeros and it's worth the cost. Or is this a function of tech firms in the valley - a function of supply and demand (plus house prices) Or are the non global reach tech firms also having to join this bidding war - this is the part I have trouble believing I have worked for the past several years in a major US bank - and I do very well for a UK contractor - but no where near this well. And I am not noticing that there are people on a large multiple of me as a daily rate. I am sure there are but this seems ... common ... at FAANG In short, Do I move to silicon valley and get any job, do I apply to Google any location or do I just wait for the rest of the world to catch up?

badfrog 8y ago
FB and Google pay the same for all their US locations and significantly less in non-US locations. Most non-FANG companies, even in SV, are not close on comp.
lifeisstillgood 8y ago
I am unsure that my rant above was helpful - I needed to seperate "why don't I get the cash" from "is this an indicator of something important" So I think my main question is, is software eating so many jobs that it is reasonable for a "mid level" software dev to capture so much of the cash, or is this a function of specific tech firm structures (SV scarcity, amazing stock options right now, etc) Looking at the levels.io site it indicates that there is a massive FAANG/ non Faang gap - so I think the later might be accurate. But it is a scary thought for any company competing for talent ...

wheelerwj 8y ago

just because its the market doesn't mean its not insane.