3 ms·

FAANG outside of USA/SV is basically any other tech company, this is not surprising.

by varjag 5y ago

onlyrealcuzzo 5y ago
My understanding is that FAANG pays very well in India and Japan and Canada. Is this not true?
- jpollock 5y ago
  They pay top-end for the local market. However, if a competitor comes in paying Bay Area salaries for remote work, that can be a lot higher than local wages.
  - remus404 5y ago
    After extensive research, I've found that almost no companies are paying Bay Area salaries for remote work outside the US.
    - lostandbored 5y ago
      Honestly, no in the tech field at all, I would be surprised anywhere is paying Bay Area salaries in US besides maybe NYC or some other high COL area.
    - aix1 5y ago
      > After extensive research, I've found that almost no companies are paying Bay Area salaries for remote work outside the US. That doesn't seem surprising -- why would they?
    - jpollock 5y ago
      My anecdote is the impact that GitLab's hiring in New Zealand is having on applicant's salary expectations. https://nz.linkedin.com/jobs/gitlab-jobs?position=1&pageNum=0 https://nz.linkedin.com/jobs/gitlab-jobs?position=1&pageNum=...
    - 908B64B197 5y ago
      The thing, specifically with Canada, is that they don't have a big home grown VC landscape and a few home grown firms. This, coupled with their out of control immigration quotas, creates a market where there's an oversupply. Now, that creates two markets, those who can't move to the US (won't pass the higher bar for US immigration) and those who won't. I've seen SV comp for the latter. But we're talking O-1 tier engineers.
- hinoki 5y ago
  Salaries in Japan are 65-70% of SF Bay Area (for FAANG, local is much worse) London, U.K. is about the same as Japan. I don’t have experience with India, and my knowledge of Canada is too far out of date to be useful. All those salaries are very good for the local market, but are also much lower than SF.
  - grp000 5y ago
    After travelling in Japan, I was really surprised by how cheap apartments are in Tokyo. For reference, this was 3 years ago near the big main Sumo arena/dojo, at around $800 USD/month, and fast food was around $4 USD/meal. I don't know anything about the income tax rates, but 65-70% pay seems like you'd take home more than an SFer being paid SF rates.
    - hinoki 5y ago
      If you’re ok with a tiny apartment, yes. If you want some space or have a family it’s not as cheap, but it is definitely less than 65% of Bay Area rent.
  - oumua_don17 5y ago
    In India, at a FAANG, it’s usually 40-50% of Bay Area salaries.
    - varjag 5y ago
      We should bear in mind that salaries are only a part of total compensation in U.S. mothership locations.
      - oumua_don17 5y ago
        Actually I meant TC is 40-50% of Bay Area TC. Thanks for pointing out TC vs salary. I can’t edit my original comment.
  - FractalParadigm 5y ago
    > my knowledge of Canada is too far out of date to be useful All I can say, is in personal anecdotal experience, I make about the same money (with better hours!) in my current factory job than I would have if I finished my degree and went into software, and with none of the stress or crunch time or deadline associated. For example, looking at Glassdoor they have Google's Toronto office reporting starting salaries of ~$90-100k - while my base pay is only ~$62k ($29.50/hr) we get double-time overtime after 40 hours, I can (and have) clear(ed) well over $130k/yr with minimal effort. They're offering decent salaries compared to other tech jobs in the area, but it's average-at-best if you start comparing unskilled labourer salaries in as a comparison.
mabbo 5y ago
For years in the Toronto tech scene, Amazon paid top dollar. Not SV prices, but better than anyone else in Toronto. One or two other companies might compete, but they didn't many openings. Now you've got Shopify, Instacart, Uber, Snap, Wish, and others, all of them strongly competing on total comp, all growing rapidly.

FAANG outside of USA/SV is basically any other tech company, this is not surprising.

by varjag 5y ago

FAANG outside of USA/SV is basically any other tech company, this is not surprising.

onlyrealcuzzo 5y ago

My understanding is that FAANG pays very well in India and Japan and Canada. Is this not true?

jpollock 5y ago
They pay top-end for the local market. However, if a competitor comes in paying Bay Area salaries for remote work, that can be a lot higher than local wages.
- remus404 5y ago
  After extensive research, I've found that almost no companies are paying Bay Area salaries for remote work outside the US.
  - lostandbored 5y ago
    Honestly, no in the tech field at all, I would be surprised anywhere is paying Bay Area salaries in US besides maybe NYC or some other high COL area.
  - aix1 5y ago
    > After extensive research, I've found that almost no companies are paying Bay Area salaries for remote work outside the US. That doesn't seem surprising -- why would they?
  - jpollock 5y ago
    My anecdote is the impact that GitLab's hiring in New Zealand is having on applicant's salary expectations. https://nz.linkedin.com/jobs/gitlab-jobs?position=1&pageNum=0 https://nz.linkedin.com/jobs/gitlab-jobs?position=1&pageNum=...
  - 908B64B197 5y ago
    The thing, specifically with Canada, is that they don't have a big home grown VC landscape and a few home grown firms. This, coupled with their out of control immigration quotas, creates a market where there's an oversupply. Now, that creates two markets, those who can't move to the US (won't pass the higher bar for US immigration) and those who won't. I've seen SV comp for the latter. But we're talking O-1 tier engineers.
hinoki 5y ago
Salaries in Japan are 65-70% of SF Bay Area (for FAANG, local is much worse) London, U.K. is about the same as Japan. I don’t have experience with India, and my knowledge of Canada is too far out of date to be useful. All those salaries are very good for the local market, but are also much lower than SF.
- grp000 5y ago
  After travelling in Japan, I was really surprised by how cheap apartments are in Tokyo. For reference, this was 3 years ago near the big main Sumo arena/dojo, at around $800 USD/month, and fast food was around $4 USD/meal. I don't know anything about the income tax rates, but 65-70% pay seems like you'd take home more than an SFer being paid SF rates.
  - hinoki 5y ago
    If you’re ok with a tiny apartment, yes. If you want some space or have a family it’s not as cheap, but it is definitely less than 65% of Bay Area rent.
- oumua_don17 5y ago
  In India, at a FAANG, it’s usually 40-50% of Bay Area salaries.
  - varjag 5y ago
    We should bear in mind that salaries are only a part of total compensation in U.S. mothership locations.
    - oumua_don17 5y ago
      Actually I meant TC is 40-50% of Bay Area TC. Thanks for pointing out TC vs salary. I can’t edit my original comment.
- FractalParadigm 5y ago
  > my knowledge of Canada is too far out of date to be useful All I can say, is in personal anecdotal experience, I make about the same money (with better hours!) in my current factory job than I would have if I finished my degree and went into software, and with none of the stress or crunch time or deadline associated. For example, looking at Glassdoor they have Google's Toronto office reporting starting salaries of ~$90-100k - while my base pay is only ~$62k ($29.50/hr) we get double-time overtime after 40 hours, I can (and have) clear(ed) well over $130k/yr with minimal effort. They're offering decent salaries compared to other tech jobs in the area, but it's average-at-best if you start comparing unskilled labourer salaries in as a comparison.

mabbo 5y ago

For years in the Toronto tech scene, Amazon paid top dollar. Not SV prices, but better than anyone else in Toronto. One or two other companies might compete, but they didn't many openings. Now you've got Shopify, Instacart, Uber, Snap, Wish, and others, all of them strongly competing on total comp, all growing rapidly.