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Google Salary Ranges and Levels – Levels.fyi
- rinchik 7y agohttps://www.levels.fyi/2018/ https://www.levels.fyi/2018/ $236,000 entry level engineer at Lyft. these numbers don't feel real. even for SF.. how's it possible? Is it a common practice to overpay THAT MUCH or those few young (maybe not so young) individuals are just negotiation geniuses and skewing the real picture?
- umeshunni 7y agoIn the case of Lyft, they would have benefitted from the stock appreciation that happened over the last 1-2 years. Even with the rocky IPO, most people would have seen 50-100% higher stock compensation than when they joined in 2018.
- meritt 7y agoIt comes from a sample size of 3: https://www.levels.fyi/salary/Lyft/SE/T3/ https://www.levels.fyi/salary/Lyft/SE/T3/ There's zero validation to this data. If you feel it's too high, just submit a lower data point: https://www.levels.fyi/addcomp.html https://www.levels.fyi/addcomp.html
- 0xDEFC0DE 7y ago>If you feel it's too high, just submit a lower data point That's not how this is supposed to work
- mzmn 7y agoI have friends incoming as new grads at lyft and got an offer as well. depending on the stock price that sounds similar to the offer I and other new grads got. The return intern offer was a bit higher than the non-return, so I do think that one or two of those data points probably came from intern returns
- synaesthesisx 7y agoTC includes generous stock compensation, which has generally appreciated across the board the last few years
- kyllo 7y agoThat's a base salary of $136,750 plus stock and bonus. It's a middle-class salary given the high cost of living in the region[1] and the competition for talent. It's also not at all out of line with what investment banks and white-shoe law firms pay their associates. Meanwhile, I believe younger talent is underpaid across the board in industry. In many cases junior employees make less than half what their more experienced colleagues do, even though the juniors tend to take on more than their fair share of the workload, and they often are relegated to doing the tasks and projects that the seniors don't want. I think this is mostly based on ingrained beliefs in dues-paying and hazing culture (tendency for existing members of an in-group to exploit the newest members) rather than any empirical measure showing that juniors are that much less valuable from a productivity standpoint. [1]It's estimated that you need to make north of $200k a year to be able to afford to buy a single-family home in the SF area: https://sf.curbed.com/2019/3/25/18277602/income-buy-home-san-francisco-salary-needed-2019 https://sf.curbed.com/2019/3/25/18277602/income-buy-home-san...
- Zaheer 7y agoOur numbers for Lyft are admittingly based off a small sample size. We did validate these numbers manually though across other forums that exist (Blind, Reddit, etc) to ensure they're within range. For larger companies we have dozens of data points are able to paint a much more accurate picture.
- robbrit 7y agoI wonder how those numbers have changed now that the stock has lost 20% of its value.
- goldenzun 7y agostill much hirer since theyre based on the price of the stock when it was granted. so its appreciated at least 20% (check back in 4 months when the employee lockout period ends)
- rayiner 7y agoThe only other types of companies that basically print money like web tech companies do are in the finance sector (hedge funds, investment banks). That compensation is not out of line with what front office professionals at those companies make. ($230k is significantly higher than finance for an entry level job, but $400k for someone with 5+ years of experience is significantly lower, so on the whole it seems to be pretty comparable.)
- deedubaya 7y agoTake sites like these with a grain of salt. Given the total lack of validation that any of this data is from real employees, there's not telling how (in)accurate this site (and others like it) are. This particular site seems to be a marketing piece for TripleByte. Perhaps the makers can comment on the accuracy of the data?
- deanmoriarty 7y agoI understand I'm just another random data point on the Internet you might decide not to trust, but I've received offers that exactly fall in the compensation bands of the website, specifically: Google L4 (~280k total comp), FB E5 (~390k total comp) and Netflix (~400k total comp). The years of experience for those roles (between 6 and 8) match as well. And I'm no genius at all, quite the opposite.
- ptd 7y agoIf you don't mind me asking, how much did you negotiate?
- deanmoriarty 7y agoI negotiated, but not too much. Those are very standard offers.
- ptd 7y agoThanks!
- fizwhiz 7y agoHow come you decided to take the Google offer? :)
- deanmoriarty 7y agoIt came down to choosing the best team for my skills, and since then I've received generous stock refreshers, a promotion to L5 and the stock also appreciated a lot, so compensation is not an issue.
- tmh79 7y agoAs someone who works at one of the companies on the list, yes, these numbers are real. Big companies pay very well, consider working for one.
- bluntfang 7y agosmall companies who value the type of work that you do also pay very well. Sometimes companies don't value engineering the same way they value sales or accounting. Avoid those if you're an engineer who values your work.
- chrisseaton 7y agoThe trick, of course, is that very few people have the ability to pass a Google interview. So it isn't just a lot of money available to anyone who wants it. It's a lot of money available to the few who are talented enough.
- devtanna 7y agoThat's a crazy amount of money even relative to the salaries in the income tax free haven of Dubai. The highest pay for a software engineer is around 150k USD annually.
- cletus 7y agoSpeaking as someone who worked for Google for >6 years, these numbers are 100% accurate. People saying they're not just don't realize how much they're getting underpaid working for a small startup. Big Tech pays very, very well.
- robbrit 7y agoLikewise, looks in line with my experience at Google as well.
- canada_dry 7y ago> Big Tech pays very, very well Well, then there's the new guy at NY Google only making $128K. That person is going to need to visit a food bank to live in that city on that salary! /s
- tgsovlerkhgsel 7y agoAlso, note the differences between cities. You will earn a very different salary if you work in the Bay Area vs. London.
- refurb 7y agoThose compensation levels are highly dependent on equity appreciation. The base salaries are pretty standard. Once the stock stops going up, compensation is going to drop by ~50% for a lot of folks.
- fizwhiz 7y agoMost of these numbers seem to lifted off of what employees are promised on their offer letter so I doubt the appreciation is already baked in.
- refurb 7y agoAre you sure? It looks like an L3 is getting $100k in equity per year, so they’d get a $400k grant at hire, vesting over 4 years?
- deanmoriarty 7y agoThey are not dependent on stock appreciation (unlike most startup offers, who during the negotiation stage try to sell you their stock options at an implied valuation 10-100X from the current one), the RSUs are granted at the price of your joining date. If/when the stock later crashes, typically the company is going to issue generous refreshers to good performers to bring them in line with their original grant amount (source: several friends who worked at FB during the stock crash of last year), whereas when the stock skyrockets your compensation skyrockets as well because your RSU grant price is locked in at your offer/refresher date, like a reverse mortgage (source: myself).
- throwaway5752 7y agoThat only works if it's not market wide. Good luck getting option/rsu refreshes in a general tech recession.
- fizwhiz 7y agoIn a general tech recession you wouldn't be any worse off than any other tech worker though, right?
- fizwhiz 7y agoThese numbers are lower than I expected; if you have even a single competing offer from another respected tech company, the numbers are much much higher. Also, once you stack the annual refreshers and a little bit of stock growth over a year or two, you could be making close what your L+1 peers are making as per the chart. This chart is a reasonable indicator of maybe the numbers on your offer letter but usually this increases substantially over time. Source: I'm a Google employee.
- xfitm3 7y agoAbsolutely correct. Keep in mind if recruiters reach out to you while you’re employed you have a stronger negotiating position. I think it’s a lot easier to get stock vs cash increase.
- tgsovlerkhgsel 7y ago> if you have even a single competing offer from another respected tech company At hire, or at the annual comp review?
- ravedave5 7y agoWithout a location these numbers are useless. I assume they are all Seattle/SF. Comparing to what someone would make in a chicago suburb is not apples to apples.
- lucasmullens 7y agoI signed my Google offer when GOOG was at $500 about 4 years ago, and it's over $1,100 now. About a third of my offer was in stock, so some of these high numbers are just the result of the stock price rising. I wouldn't expect new hires at those levels to make those amounts, although they seem accurate to me for current employees.
- candiodari 7y agoI think you will find that you're wrong. Your $500 GOOG was pre-split and has appreciated to GOOG + GOOGL, or about $2500, more than double what you put here.
- lucasmullens 7y agoNope, the split was 5 years ago.
- sys_64738 7y agoBut you work for an advertising company.
- gvand 7y agoDear friends at Google, since I guess many of you will read this, I have a question for you. Is there any internal discussions going on about what you should do with all the money you are earning once your basic needs are covered and you find yourself with money that could be invested in interesting projects?
- BrandoElFollito 7y agoI would love to see the numbers for Paris, France. Salaries are a complete mess here and secrecy around the subject does not help