5 ms·

Yeah weird PRODUCT MANAGEMENT VP | META PLATFORMS, INC. | $248768.00

• hackernewds 3y ago
  Base, without equity
  • fnfjfk 3y ago
    That's still low, that's an E7/M2 salary, VP is at least three levels higher (D1, D2, VP1).
    • jhj 3y ago
      Non-engineering roles at Meta have different salary bands and RSU comp per level than engineering ones (usually less and sometimes a lot less).
      • jtefera 3y ago
        Product managers for Meta have similar pay range than eng.
• boeingUH60 3y ago
  This stat likely includes just base salary and not stock compensation.
• diebeforei485 3y ago
  Good tech companies pay employees higher than what is listed in the filing, they just don't want to divulge how much they're paying in public records. This is totally fine, there is nothing illegal about paying more. Mediocre companies (or good startups who aren't considering this stuff too deeply) file with the exact salary. Scam companies pay below what they filed (illegal).
  • lisasays 3y ago
    So they're submitting false filings, you say? You know this how?
    • inemesitaffia 3y ago
      This is guaranteed money. I'm sure you've heard of appearance and performance fees in sports
      • diebeforei485 3y ago
        Even the salary component is higher than what the filings say.
    • diebeforei485 3y ago
      Yes, but there is nothing wrong with that! There is nothing wrong in committing to pay $200K but actually paying $250K. They report actual pay to the IRS.
• darth_avocado 3y ago
  There is an important caveat here. H1B filings only includes guaranteed compensation, which is your base salary. Stocks and bonuses are not included here. That’s why you’ll see data points like Meta paying 200k for a VP level H1B. I reality they are absolutely not underpaying H1Bs at VP level and the person is printing millions a year.