4 ms·
> Becoming millionaire as a salaried employee is a pipe dream. Company owner will become millionaire, salaried employee will get yearly 10% bonus. In decent com
by ergocoder 6y ago
> Becoming millionaire as a salaried employee is a pipe dream. Company owner will become millionaire, salaried employee will get yearly 10% bonus. In decent company maybe 20%.
In a typical FAANG company, you can simply stick to a job for like 4 years to earn a million USD (before tax). If you do well on top of that + stock growth, your compensation will sky-rocket.
There are 10 of thousands of employees reaches $1m in earning. Maybe it probably takes 4-5 years to save $1m. But it's not hard.
- lnsru 6y agoThere are many employees at FAANG for sure, but majority will never work there.