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How does Netflix compete for post-senior talent with only one level? (i.e. “staff” and beyond)

• zuhayeer 5y ago
  Their compensation philosophy is to pay at personal top of market for most roles. That said, compensation packages can differ significantly on a case by case basis depending on candidate experience. What they may not capture in title / level, they capture in variance of salary.
• borroka 5y ago
  One level, but different compensation. For SWE IC, it can range between 300k and 700 (plus in some cases). The same for higher levels, there is a big variance in comp. You can use up to full salary to get options (not shares) at 40% (used to be, I don't know now).
  • dilat 5y ago
    Oh… so they basically have levels, just informally? Or are the expectations actually the same for two people making 300 and 700?
    • borroka 5y ago
      They pay market value. Let's say that you come to Netflix with a Facebook offer (or current salary), Netflix wants you, they pay >= FB offer or current salary. If you don't have any offer, they have tech-wide salary surveys that give them a market range for you. Clearly, nothing is set in stone and a hiring manager can "bet" monetarily on some candidates (i.e., pay them more of what the data points would recommend). When I was there, I was making a (very generous) x and others in my position were making 1.8-2 x no doubt.