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Seems this story only applies in Germany, but their US tech workers also get a bonus at the same time that is partially based on company performance. My bonus l

Seems this story only applies in Germany, but their US tech workers also get a bonus at the same time that is partially based on company performance. My bonus last year was very nice because they've been doing so well (in the ballpark of $50k as a senior dev), and it looks like it'll be similarly nice this year too.

andsoitis 4y ago
How does your salary compare to tech companies? I know levels.fyi isn’t very accurate, but it’s all I’ve got and it doesn’t look that stunning. On the other hand, maybe the culture, meaningful work, etc. is better so lower pay is fine: https://www.levels.fyi/companies/mercedes-benz/salaries https://www.levels.fyi/companies/mercedes-benz/salaries
- Der_Einzige 4y ago
  Levels.fyi is highly accurate actually.
- delecti 4y ago
  Salary is quite a bit higher than this shows (the "software engineer" salaries listed here are for Germany, not the US), but there are no stock options, so total comp is probably lower than FAANG. I started as a "engineer" (P2, between junior and senior) at 135k 5 years ago, and each level has come with a ~20k raise, plus annual raises in between. The bonus percent gets bigger too: as a P1-2, your bonus target is 10% of salary, at P3 it's 12%, and P4 is 14%. That's further modified by personal performance and company performance (0-1.5x for personal, and 0-2x for company; last year I was at 1.44x and 2x respectively, for a bonus of ~35% of my salary). They're also not stingy with promotions, I've been promoted twice in under 5 years, and my base salary is currently ~180k. I worked at Amazon for 5 years before here, and have been here for another 5. The job is less stressful, the work is more meaningful (to me anyway, in that cars are more interesting than web ads were), the culture is more fun, and things are less cutthroat. I probably don't quite make FAANG money, but I don't put up with FAANG BS either. And yes we're hiring https://jobs.lever.co/MBRDNA https://jobs.lever.co/MBRDNA
pcurve 4y ago
That's a nice chunk of change. Congrats :-)
kraig911 4y ago
any chance for a referral? ;)

andsoitis 4y ago

How does your salary compare to tech companies? I know levels.fyi isn’t very accurate, but it’s all I’ve got and it doesn’t look that stunning. On the other hand, maybe the culture, meaningful work, etc. is better so lower pay is fine: https://www.levels.fyi/companies/mercedes-benz/salaries https://www.levels.fyi/companies/mercedes-benz/salaries

Der_Einzige 4y ago
Levels.fyi is highly accurate actually.
delecti 4y ago
Salary is quite a bit higher than this shows (the "software engineer" salaries listed here are for Germany, not the US), but there are no stock options, so total comp is probably lower than FAANG. I started as a "engineer" (P2, between junior and senior) at 135k 5 years ago, and each level has come with a ~20k raise, plus annual raises in between. The bonus percent gets bigger too: as a P1-2, your bonus target is 10% of salary, at P3 it's 12%, and P4 is 14%. That's further modified by personal performance and company performance (0-1.5x for personal, and 0-2x for company; last year I was at 1.44x and 2x respectively, for a bonus of ~35% of my salary). They're also not stingy with promotions, I've been promoted twice in under 5 years, and my base salary is currently ~180k. I worked at Amazon for 5 years before here, and have been here for another 5. The job is less stressful, the work is more meaningful (to me anyway, in that cars are more interesting than web ads were), the culture is more fun, and things are less cutthroat. I probably don't quite make FAANG money, but I don't put up with FAANG BS either. And yes we're hiring https://jobs.lever.co/MBRDNA https://jobs.lever.co/MBRDNA

pcurve 4y ago

That's a nice chunk of change. Congrats :-)

kraig911 4y ago

any chance for a referral? ;)