4 ms·

I don't understand how FAANG companies are able to vacuum up new recruits the way they do. There are so many better opportunities.

cmrdporcupine 4y ago
The $$$ after 3-4 years of accumulating RSUs at those companies have, up to now, been something that you can't beat in most of the rest of the industry. It also has, historically, been very good on the resume. And they have tended to be on the whole respectful places to work with good perks / benefits. Whether this all still holds in a year or two, we shall see.
- alfalfasprout 4y ago
  TBH, even in the last few months you've been able to get comparable comp packages at the high end of senior and staff levels at public unicorns. G is no longer particularly competitive comp-wise. I suspect the issue was that FAANG was massively overpaying junior talent fresh out of school (and hiring leetcoders without any engineering background) and now they're correcting.
- WesleyJohnson 4y ago
  I'm curious what I could expect to earn as a Senior Developer with 18 years of experience? I've worked my way into manager/director positions at a couple of companies, but I'm a developer at heart. Always worked for private companies with in-house tech teams, some offering traditional services, some SAAS, some physical goods. I started in 2005 with no degree at $10/hr. Many years later, a handful of job changes, and I'm north of $200k total compensation when you include salary, insurance and ESOP. That's a huge leap from where I started, but when I see people nearly 1/2 my age hitting $200k on salary alone, it makes me wonder...
  - leetcrew 4y ago
    if you're really curious, you can just look it up on levels.fyi. total comp for a senior engineer easily breaks $300k at any of the FAANGs. at the same time, downleveling is common for people who don't grind leetcode problems pretty intensely. I know more than one person with 10+ years at the "senior" level at other companies who only got a mid-level offer at FAANGs. and they still took it; it was more money even with the downlevel.

cmrdporcupine 4y ago

The $$$ after 3-4 years of accumulating RSUs at those companies have, up to now, been something that you can't beat in most of the rest of the industry. It also has, historically, been very good on the resume. And they have tended to be on the whole respectful places to work with good perks / benefits. Whether this all still holds in a year or two, we shall see.

alfalfasprout 4y ago
TBH, even in the last few months you've been able to get comparable comp packages at the high end of senior and staff levels at public unicorns. G is no longer particularly competitive comp-wise. I suspect the issue was that FAANG was massively overpaying junior talent fresh out of school (and hiring leetcoders without any engineering background) and now they're correcting.
WesleyJohnson 4y ago
I'm curious what I could expect to earn as a Senior Developer with 18 years of experience? I've worked my way into manager/director positions at a couple of companies, but I'm a developer at heart. Always worked for private companies with in-house tech teams, some offering traditional services, some SAAS, some physical goods. I started in 2005 with no degree at $10/hr. Many years later, a handful of job changes, and I'm north of $200k total compensation when you include salary, insurance and ESOP. That's a huge leap from where I started, but when I see people nearly 1/2 my age hitting $200k on salary alone, it makes me wonder...
- leetcrew 4y ago
  if you're really curious, you can just look it up on levels.fyi. total comp for a senior engineer easily breaks $300k at any of the FAANGs. at the same time, downleveling is common for people who don't grind leetcode problems pretty intensely. I know more than one person with 10+ years at the "senior" level at other companies who only got a mid-level offer at FAANGs. and they still took it; it was more money even with the downlevel.