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FAANG has many other benefits (standardised hiring, promotion, performance expectations and compensation increases, profitable business with more stable stock p
by cavisne 5y ago
FAANG has many other benefits (standardised hiring, promotion, performance expectations and compensation increases, profitable business with more stable stock price). Meta is the only one of the FAANG trying to break into a new area that is perceived as complex. Ie Google is trying to grow Cloud but the strategy is mostly “copy AWS and sell it well”, likewise with Microsoft. So they know they don’t need to pay top of market for these roles.