4 ms·
It was a combination of both the lawsuit and Facebook. Had the lawsuit happened without Facebook bidding for top talent, it would've taken decades for compensat
by TheKarateKid 5y ago
It was a combination of both the lawsuit and Facebook. Had the lawsuit happened without Facebook bidding for top talent, it would've taken decades for compensation to rise to the rate they are now because there was no other company able or willing to attract top talent away from Google, Apple, etc.
Right now, the same thing is happening thanks to Amazon. They're having a hard time hiring SWE's due to the terrible reputation, so they've increased their compensation sharply to attract talent. Facebook followed suit since they are also finding it difficult due to its horrible public perception right now.
The result is that other major tech players are upping their compensation to continue to compete for top talent. It's wonderful.