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> Large companies have gotten away with paying under market price for talent because employees have seen massive gains from stock appreciation over the last dec
by yodsanklai 5y ago
> Large companies have gotten away with paying under market price for talent because employees have seen massive gains from stock appreciation over the last decade.
Are you sure these places pay "below market price"? Just curious, what companies would pay significantly more than FAANG?
- paxys 5y agoLook at sites like levels.fyi. The usual FAANG suspects aren't anywhere near the top of these comp lists these days.
- yodsanklai 5y agoI just did (in London), mostly Google/Amazon/Meta at the top, plus a few hedge funds, including Jane Street which pays insane amounts of money but who's also much more selective than FAANG.
- saagarjha 5y agoCheck entry level pay for SF and throw Lyft/Stripe/Snap on that chart.
- PragmaticPulp 5y agoAgree. It doesn’t make sense. If they aren’t struggling to hire and retain, they’re paying market rate. It’s as simple as that.