5 ms·

Who on earth actually wants to work for a company like this?

by aphextron 6y ago

almost_usual 6y ago
Someone who wants to make 400k-500k and will do whatever (legally) to achieve that.
- EGreg 6y ago
  Wait. Facebook pays 400-500k a year? I saw $155K average in NYC Show me the links to the job openings lol I am curious
  - sciurus 6y ago
    It depends on your level and is total comp, not just base salary. https://www.levels.fyi/company/Facebook/salaries/ https://www.levels.fyi/company/Facebook/salaries/
  - pnako 6y ago
    Here we go again with this thread (dang was talking about HN cliches above)... My friend is an intern at Facegoogle and is making 800K a year, excluding bonus. But my friend working a prop trading shop, with two years experience, is making 2M in a good year.
  - deleted 6y ago
    [deleted]
  - bigmanwalter 6y ago
    That's their total comp including RSU if you rise the ranks.
  - deleted 6y ago
    [deleted]
  - vkou 6y ago
    1. That's base pay. Stock is another ~20-40%. Bonus is another ~20%. 2. That's pay for an engineer. Juniors get ~30% less, seniors get ~30% more. 3. Senior is attainable by most people, and will get you ~350k all-in. 4. The next level is not attainable by most people, but will be getting you ~450k all-in.
CydeWeys 6y ago
A company that obeys tax law? I'm not being facetious. Companies face significant legal liability for not paying taxes correctly, and they have to ensure that all applicable federal, state, and local taxes are correctly being withheld and reported for their employees. They can't just look the other way and blindly allow employees to evade tens of thousands in SALT taxes annually.
- tedivm 6y ago
  There are plenty of companies who have remote workers and don't use apps to track their location.
  - daeken 6y ago
    The difference is that those companies typically can trust that their employees will tell them the truth about where they're living. Facebook has set up perverse incentives given that disclosing your actual location might end up dropping your salary; that means that an employee might end up being taxed incorrectly because they don't want to disclose their location.
    - tedivm 6y ago
      Lots of remote companies pay based off of location, and again don't require tracking. What makes facebook unique?
      - CydeWeys 6y ago
        It has a much bigger target on its back.
- mrfusion 6y ago
  That’s a straw man. The real question is why do they have to lower your salary if you move? Is your work less valuable?
  - 6y ago

Who on earth actually wants to work for a company like this?

almost_usual 6y ago

Someone who wants to make 400k-500k and will do whatever (legally) to achieve that.

EGreg 6y ago
Wait. Facebook pays 400-500k a year? I saw $155K average in NYC Show me the links to the job openings lol I am curious
- sciurus 6y ago
  It depends on your level and is total comp, not just base salary. https://www.levels.fyi/company/Facebook/salaries/ https://www.levels.fyi/company/Facebook/salaries/
- pnako 6y ago
  Here we go again with this thread (dang was talking about HN cliches above)... My friend is an intern at Facegoogle and is making 800K a year, excluding bonus. But my friend working a prop trading shop, with two years experience, is making 2M in a good year.
- deleted 6y ago
  [deleted]
- bigmanwalter 6y ago
  That's their total comp including RSU if you rise the ranks.
- deleted 6y ago
  [deleted]
- vkou 6y ago
  1. That's base pay. Stock is another ~20-40%. Bonus is another ~20%. 2. That's pay for an engineer. Juniors get ~30% less, seniors get ~30% more. 3. Senior is attainable by most people, and will get you ~350k all-in. 4. The next level is not attainable by most people, but will be getting you ~450k all-in.

CydeWeys 6y ago

A company that obeys tax law? I'm not being facetious. Companies face significant legal liability for not paying taxes correctly, and they have to ensure that all applicable federal, state, and local taxes are correctly being withheld and reported for their employees. They can't just look the other way and blindly allow employees to evade tens of thousands in SALT taxes annually.

tedivm 6y ago
There are plenty of companies who have remote workers and don't use apps to track their location.
- daeken 6y ago
  The difference is that those companies typically can trust that their employees will tell them the truth about where they're living. Facebook has set up perverse incentives given that disclosing your actual location might end up dropping your salary; that means that an employee might end up being taxed incorrectly because they don't want to disclose their location.
  - tedivm 6y ago
    Lots of remote companies pay based off of location, and again don't require tracking. What makes facebook unique?
    - CydeWeys 6y ago
      It has a much bigger target on its back.
mrfusion 6y ago
That’s a straw man. The real question is why do they have to lower your salary if you move? Is your work less valuable?
- 6y ago