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This isn’t true, and even if it were, “most money possible” isn’t a meaningful metric.
by Zetice 3y ago
This isn’t true, and even if it were, “most money possible” isn’t a meaningful metric.
- scarface_74 3y agoSo what companies pay on average than FAANG[1] for developers. The most money possible is far from meaningless. If I work for a company, which one will deposit the most in my bank account in a year and/or the most in my brokerage account when my stock vests? [1] not literally FAANG, the most profitable public tech companies
- Zetice 3y agoMost Fortune 100 companies are competitive now, and the most money is extremely meaningless.
- scarface_74 3y agoI assure you that the other Fortune 100 companies are not paying even in the same ball park as Facebook, Apple, Amazon, and Google. https://finasko.com/fortune-100-companies/ https://finasko.com/fortune-100-companies/ What do you think the average compensation of those companies are? I’m well aware of the comp levels at at least three of those companies because they are based in my former home town - Delta, Home Depot and Coke. They pay their senior devs about the same amount as an intern I mentored got as a return offer (cash + stock).
- Zetice 3y agoI can assure you they are absolutely paying in the same ballpark as Facebook, Apple, Amazon, Google, you just don't know how to limit your searches to the tech roles.
- scarface_74 3y agoSo give some numbers of what the f100 companies make compared to FAANG? I’m very familiar with at least three of the companies that are based in Atlanta - Delta, Coke and Home Depot. Seeing that I’ve worked for corp dev for almost 25 years before joining BigTech.
- Zetice 3y agoDepends on the role. $500k total comp is common on the tech scale of the companies I'm familiar with. While not the $800k+ you might see at some FAANG in specific roles, it absolutely is enough to no longer consider FAANG if you're bothered even one iota by their hiring process.
- scarface_74 3y agoName a company. You keep being obtuse
- Zetice 3y agoFortune... 3. not FAANG but in retail. Can hit $500k total comp easily, if you live on either coast.
- scarface_74 3y agoNot according to Levels https://www.levels.fyi/companies/walmart/salaries https://www.levels.fyi/companies/walmart/salaries The highest one in retail is Walmart. Level 5 comp for Walmart is about the same as a mid level developer at Amazon and Amazon is in the middle of the pack for tech compensation. Again you still refuse to name a company and level and numbers.
- Zetice 3y agoIf you knew anything about this you'd know "Walmart" isn't what you search. But if you knew anything about English you'd know "ballpark" doesn't mean "exactly equal".