6 ms·

For 500k? Yeah I’d do it even for a year, working on the most dullard shit then have 3 years off.

by quickthrower2 5y ago

yupper32 5y ago
Other Big-N companies have comparable pay with way less stress.
- decafninja 5y ago
  What I see being touted is F & N > G > A & A for TC? Obviously there are many factors in play so that might not always be the case. Also per my other comment on this thread, sounds like Netflix really blows away all others because there is no shenanigans around RSUs, cliffs, unexpected appreciation, etc.? Correct me if I'm wrong since I am definitely no expert at this game.
  - rejectedandsad 5y ago
    This is probably true, but socially Apple seems like it gets a better reception/superior people. Folks at Amazon are pretty normal. Disclaimer - I’m very average and work at Amazon
    - quickthrower2 5y ago
      Yes Im probably average and I’d go with whoever takes me, but as I’m outside of the US it’s all hypothetical
    - decafninja 5y ago
      Not sure if this is the reason, but I've heard Apple (and also Netflix) give individual teams much more autonomy on how they select, interview, and hire candidates, so maybe the fit between each person and their team is better? i.e. you may even not get leetcoded depending on the team and hiring manager. Versus Facebook, Amazon, and Google having a more one-size-fits-all approach to hiring.
      - rejectedandsad 5y ago
        Amazon, until recently, also hired most SDE2 and up with a team specific approach, with the SDE1's effectively interviewed by an algorithm (via coding interview etc).
eigen 5y ago
doesnt Amazon cap base salary around $180k and only 5% of RSUs vest the first year? my understanding is that, barring a massive RSU package, you cant get to $500k in the first year.
- stornetn 5y ago
  This isn’t the complete picture. It’s true that the vesting schedule gives you only 5% of RSUs in your first year, but employees’ cash signing bonus is increased to offset that. So if the total compensation target for a role is generally $500k (say, a principal engineer or a director, maybe?) and your salary is capped at $160k, you’d be given a signing bonus of $500k-$160k-(total stock vest x 5%) in cash. It’s not as though you’re paid significantly less when you start, it’s just that how you are paid is different.
  - decafninja 5y ago
    I keep hearing all the letters of FAANG have more or less similarly competitive total compensation if you factor in RSUs, appreciation, etc. But then I hear things about "cliffs" and how extremely high TCs are possible only because of stock appreciation. In that sense, is Netflix basically untouchable in terms of compensation, if F/A/A/G (and other companies like Uber, Lyft, Airbnb, Microsoft, etc.) can only be competitive via unexpected or non-guaranteed stock appreciation? Plus if you reach a "cliff", you end up with just your base salary - which seems like it's not too much better than a non-tech Fortune500 company? Is my understanding wrong?
    - almost_usual 5y ago
      I wouldn’t want to work at a place like Netflix that doesn’t comp with equity, especially after a year like 2020. A 500k TC could easily be 800k+ now, if that’s cash it’s still 500k and worth less due to inflation. If the stock significantly depreciates there will be layoffs anyway.
      - ijamj 5y ago
almost_usual 5y ago
There are plenty of other employers that pay that and more and aren’t Amazon. Amazon typically lowballs. If anything you only benefit from being in Washington and not paying half of that 500k in income tax:

For 500k? Yeah I’d do it even for a year, working on the most dullard shit then have 3 years off.

yupper32 5y ago

Other Big-N companies have comparable pay with way less stress.

decafninja 5y ago
What I see being touted is F & N > G > A & A for TC? Obviously there are many factors in play so that might not always be the case. Also per my other comment on this thread, sounds like Netflix really blows away all others because there is no shenanigans around RSUs, cliffs, unexpected appreciation, etc.? Correct me if I'm wrong since I am definitely no expert at this game.
- rejectedandsad 5y ago
  This is probably true, but socially Apple seems like it gets a better reception/superior people. Folks at Amazon are pretty normal. Disclaimer - I’m very average and work at Amazon
  - quickthrower2 5y ago
    Yes Im probably average and I’d go with whoever takes me, but as I’m outside of the US it’s all hypothetical
  - decafninja 5y ago
    Not sure if this is the reason, but I've heard Apple (and also Netflix) give individual teams much more autonomy on how they select, interview, and hire candidates, so maybe the fit between each person and their team is better? i.e. you may even not get leetcoded depending on the team and hiring manager. Versus Facebook, Amazon, and Google having a more one-size-fits-all approach to hiring.
    - rejectedandsad 5y ago
      Amazon, until recently, also hired most SDE2 and up with a team specific approach, with the SDE1's effectively interviewed by an algorithm (via coding interview etc).

eigen 5y ago

doesnt Amazon cap base salary around $180k and only 5% of RSUs vest the first year? my understanding is that, barring a massive RSU package, you cant get to $500k in the first year.

stornetn 5y ago
This isn’t the complete picture. It’s true that the vesting schedule gives you only 5% of RSUs in your first year, but employees’ cash signing bonus is increased to offset that. So if the total compensation target for a role is generally $500k (say, a principal engineer or a director, maybe?) and your salary is capped at $160k, you’d be given a signing bonus of $500k-$160k-(total stock vest x 5%) in cash. It’s not as though you’re paid significantly less when you start, it’s just that how you are paid is different.
- decafninja 5y ago
  I keep hearing all the letters of FAANG have more or less similarly competitive total compensation if you factor in RSUs, appreciation, etc. But then I hear things about "cliffs" and how extremely high TCs are possible only because of stock appreciation. In that sense, is Netflix basically untouchable in terms of compensation, if F/A/A/G (and other companies like Uber, Lyft, Airbnb, Microsoft, etc.) can only be competitive via unexpected or non-guaranteed stock appreciation? Plus if you reach a "cliff", you end up with just your base salary - which seems like it's not too much better than a non-tech Fortune500 company? Is my understanding wrong?
  - almost_usual 5y ago
    I wouldn’t want to work at a place like Netflix that doesn’t comp with equity, especially after a year like 2020. A 500k TC could easily be 800k+ now, if that’s cash it’s still 500k and worth less due to inflation. If the stock significantly depreciates there will be layoffs anyway.
    - ijamj 5y ago

almost_usual 5y ago

There are plenty of other employers that pay that and more and aren’t Amazon. Amazon typically lowballs. If anything you only benefit from being in Washington and not paying half of that 500k in income tax: