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Netflix can do that because they pay as well as sports teams do. If you offer me a typical tech job at 1/20th of what a netflix engineer makes, don't expect me

by chinchilla2020 3y ago

Netflix can do that because they pay as well as sports teams do. If you offer me a typical tech job at 1/20th of what a netflix engineer makes, don't expect me to perform like Michael Jordan. Sports team dedicate their entire life to performance. 80 hour weeks are nothing to them. Their diet, sleep, and personal lives are part of their jobs. I don't want a typical tech shop to have that sort of control over me unless they are paying me serious money. ------ All that aside, modern Netflix is not what Reed Hastings describes. There are tons of tenured benchwarmers lounging around. It reminds me of Amazon's "bar raiser" requirement. That a new hire has to be better than 50% of the interviewers. The idea that Amazon engineers are the top is laughable to anyone in the space these days. Only the desperate work for Amazon.

sokoloff 3y ago
Netflix is paying much closer to 2x on the cash side than 10x, let alone 20x. https://www.levels.fyi/companies/netflix/salaries/software-engineer https://www.levels.fyi/companies/netflix/salaries/software-e...
- chinchilla2020 3y ago
  Wow if these numbers are correct it has declined a lot. Then again the stock is not meteoric like it used to be. Netflix was minting multimillionaires all day long back their younger years.
  - sneed_chucker 3y ago
    Netflix has always been a predominantly cash compensation company. They never played the RSU-heavy compensation game the way Google, Meta, etc. did.
scubbo 3y ago
> That a new hire has to be better than 50% of the interviewers Not sure if a typo, but if this is what you actually meant, this is a _gross_ misunderstanding of the situation. The benchmark is that a new hire should _have capability to_ outperform 50% of folks in the current role, not a) _currently_ be able to outperform b) 50% of _interviewers_ (who are potentially of higher level than the interviewee). Anecdataly, I am ~6 months into my first post-Amazon role (after 10 years there) and have only met a single peer who would have been passable in my previous team.

sokoloff 3y ago

Netflix is paying much closer to 2x on the cash side than 10x, let alone 20x. https://www.levels.fyi/companies/netflix/salaries/software-engineer https://www.levels.fyi/companies/netflix/salaries/software-e...

chinchilla2020 3y ago
Wow if these numbers are correct it has declined a lot. Then again the stock is not meteoric like it used to be. Netflix was minting multimillionaires all day long back their younger years.
- sneed_chucker 3y ago
  Netflix has always been a predominantly cash compensation company. They never played the RSU-heavy compensation game the way Google, Meta, etc. did.

scubbo 3y ago

> That a new hire has to be better than 50% of the interviewers Not sure if a typo, but if this is what you actually meant, this is a _gross_ misunderstanding of the situation. The benchmark is that a new hire should _have capability to_ outperform 50% of folks in the current role, not a) _currently_ be able to outperform b) 50% of _interviewers_ (who are potentially of higher level than the interviewee). Anecdataly, I am ~6 months into my first post-Amazon role (after 10 years there) and have only met a single peer who would have been passable in my previous team.