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Facebook pays extremely well, I mean like close to snd often over a million dollar for many L7/M2+ folks annually in total atm. The way I see it is that the pa

by kerng 5y ago

Facebook pays extremely well, I mean like close to snd often over a million dollar for many L7/M2+ folks annually in total atm. The way I see it is that the pay is so high because otherwise no-one would go work there. It's the ultimate ethics and moral test. So the company keeps aggregating certain types of people. Meaning a lack of diversity from that aspect. I canceled my full-loop, and am mad at myself in retrospect that I even started talking with recruiter in the first place. One of my less proud moments.

lazyeye 5y ago
Facebook dont do diversity at all, at least not in the true meaning of the word:- https://quillette.com/2021/07/21/silicon-valleys-cynical-treatment-of-asian-engineers/ https://quillette.com/2021/07/21/silicon-valleys-cynical-tre...
nivenkos 5y ago
Wow, I'd take any offer for that much. Here in Europe our salaries are terribly low, Amazon pays half of what they pay in the US in general. Seems to be the same for Facebook, etc. too. For example, I got an offer from Cambridge Analytica as a DS and it was only $76k USD gross p.a. in central London! And those are the ultimate bad guys, they could at least pay well!
- kerng 5y ago
  This high salary is for people with a certain level inside, most people don't even reach L6 (which still has a high total comp of ~500k). It's often RSU packages and bonus that pushes the total annual compensation so high. But for many tech companies its not unusual on west coast for a normal senior position to have a base of 200k, and then restricted stock units in a similar (maybe little lower) range every year. Plus you get a bonus payment of about 20% of your base salary (can be more or less based on performance). Stock doubled or tripled for msft, amzn, etc... in last two years. That all makes things expensive, big gap between what people can afford, lots of homeless people,... and we engineers generally think we deserve being paid so much while the world around us goes down. Lol. So going for jobs that pay even more, when most engineering jobs are already paying insanely well compared to average pushes the company in a certain direction character wise.
comp_throw7 5y ago
> the pay is so high because otherwise no-one would go work there This is a meme; every other tech company that's remotely competitive in terms of compensation pays similarly at the corresponding levels (across the entire ladder). Even if you want to rule out every single social network and ad-tech company (which is also a meme, but for the sake of argument), you've got plenty of uncontroversial options like Netflix, Roblox, Doordash, Dropbox, Square, Snowflake, etc. Also a ton of late-stage pre-IPO startups (Stripe, Instacart, Databricks, etc.)

by kerng 5y ago

lazyeye 5y ago

Facebook dont do diversity at all, at least not in the true meaning of the word:- https://quillette.com/2021/07/21/silicon-valleys-cynical-treatment-of-asian-engineers/ https://quillette.com/2021/07/21/silicon-valleys-cynical-tre...

nivenkos 5y ago

Wow, I'd take any offer for that much. Here in Europe our salaries are terribly low, Amazon pays half of what they pay in the US in general. Seems to be the same for Facebook, etc. too. For example, I got an offer from Cambridge Analytica as a DS and it was only $76k USD gross p.a. in central London! And those are the ultimate bad guys, they could at least pay well!

kerng 5y ago
This high salary is for people with a certain level inside, most people don't even reach L6 (which still has a high total comp of ~500k). It's often RSU packages and bonus that pushes the total annual compensation so high. But for many tech companies its not unusual on west coast for a normal senior position to have a base of 200k, and then restricted stock units in a similar (maybe little lower) range every year. Plus you get a bonus payment of about 20% of your base salary (can be more or less based on performance). Stock doubled or tripled for msft, amzn, etc... in last two years. That all makes things expensive, big gap between what people can afford, lots of homeless people,... and we engineers generally think we deserve being paid so much while the world around us goes down. Lol. So going for jobs that pay even more, when most engineering jobs are already paying insanely well compared to average pushes the company in a certain direction character wise.

comp_throw7 5y ago

> the pay is so high because otherwise no-one would go work there This is a meme; every other tech company that's remotely competitive in terms of compensation pays similarly at the corresponding levels (across the entire ladder). Even if you want to rule out every single social network and ad-tech company (which is also a meme, but for the sake of argument), you've got plenty of uncontroversial options like Netflix, Roblox, Doordash, Dropbox, Square, Snowflake, etc. Also a ton of late-stage pre-IPO startups (Stripe, Instacart, Databricks, etc.)