4 ms·
Trash comp? You might be talking about FAANG companies but very few Devs (maybe London) in the UK would get close to $160K, let alone $350K. They might want to
by lbriner 5y ago
Trash comp? You might be talking about FAANG companies but very few Devs (maybe London) in the UK would get close to $160K, let alone $350K. They might want to attract talent but I suspect there are diminishing returns after a while, you only have to look at Amazon music App, Amazon web site, GMail and the Netflix app on my smart TV to realise they are not releasing good stuff all the time.
- clerk_occam 5y agoThis is mostly for US, particularly in the Bay Area. There, fresh grads (SDE1s) are making $175k total comp, with $133,500 base salary. The base hardly increased for higher levels (SDE2/SDE3) before today, only being able to rise $26,500 before hitting the old cap.
- pojzon 5y agoYou also have to look at how much $$ is printed year to year and how much inflation hit IT sector. After finally deciding to switch jobs I got twice the salary of previous employer when I hoped Ill get 20-30%. Market is not catching up to goverments pomping out new taxes and inflation.
- _trackno5 5y agoNot necessarily FAANG, but even unicorns pay more than them. I got better offers from Bloomberg, Reddit, Stripe, and Facebook. Amazon also backloads the equity. You get barely anything if you leave after 2 years.
- mciancia 5y agoDon't worry, it's not like Amazon is paying like that in the UK ;] US market is kinda special thanks to high concentration of tech companies in SV behind great wall made of Visas/greencard lotteries