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One way to look at it from the FANG PoV: we don't know how good engineers they are but at least we know they can handle leetcode grind and they are most likely
by zerr 5y ago
One way to look at it from the FANG PoV: we don't know how good engineers they are but at least we know they can handle leetcode grind and they are most likely young (i.e. had a desperation and willingness to allocate time for leetcode preps) - so we throw them 500K total comps and hope to retrain/FANG-ify them.
I don't think many small/mid-sized shops can afford this.
- nivenkos 5y agoThe article is about Europe. My total comp as an L5 at Amazon was about $75k, maybe up to $90k if you count the slowly vesting RSUs.
- zerr 5y agoFacebook in London pays GBP 300K-500K+ though.
- bitL 5y ago...to managers
- nivenkos 5y agoGlassdoor says 86-110k GBP. Which is still pretty good for Europe.
- bitL 5y agoLook at levels.fyi, the highest paid E7 is around 250k GBP TC (i.e. base + bonus + shares) and there is one IC6 with 350k GBP TC. But basic devs are in the Glassdoor range, while London is as expensive as SFBA with a much worse weather. Basically a dead-end, like the whole EU right now (technologically finished without a single competitive company after the fall of Nokia).
- Jenk 5y agoI (London residing) find that quite hard to believe. Unless you mean TC which includes share-options "valued at" £200K+ (but likely will barely get £50k when vested after 5 years of active tenure.) A good salary for principal engineers in London is upto £120k, but can be from half that. There are exceptional cases of higher. Highest I have personal confirmation of is £150k (a friend.) Across all of engineering, the mean average salary at Google is £66k according to glassdoor, and that's known to be embellished.
- throwaway81348 5y ago>share-options "valued at" £200K+ (but likely will barely get £50k when vested after 5 years of active tenure.) This is a dangerous misconception to have. You may not want to work at FAANG which is fine. Otherwise don't shoot yourself in the foot by misunderstanding pay structure. Public companies such as FB pay in liquid stock, that vests over some period of time. These are not options. You get 200K every year, immediately sellable. Or keep them and grow. Which given the performance over last two years would actually give you close to 400, not 50.
- Jenk 5y agoI appreciate the clarification. It's not an indication of my desire to work at a FAANG or not. My own experience is from publically trading companies, whom offered options with (typically) 3-5 year vesting periods. However.. > Public companies such as FB pay in liquid stock, that *vests over some period of time*. And > immediately sellable Are a contradiction, no?
- throwaway81348 5y agothe difference is that this is public stock and so you can sell as soon as it vests. Different from private options/RSU that can only be sold on secondary market, which is not as easy.
- MrBuddyCasino 5y agoMay I ask which country? This seems very low.
- glassconclusion 5y agoNot OP, but Amsterdam based faangs/unicorns don't pay as much. I'm willing to grind leetcode, but I can't really find any companies in the Netherlands that are worthwhile (that pay significantly better than mid-size companies).
- bitL 5y agoDatabricks in Amsterdam pay around 140k EUR.
- nivenkos 5y agoThat was in Spain, but it's pretty similar everywhere. It's tough to break $100k in any sort of non-staff engineer/management role.