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According to levels.fyi, FAANG only pays the most at the most experienced levels. I'm not sure if those are even hired for, they might be promoted into. Of the
by muzani 2y ago
According to levels.fyi, FAANG only pays the most at the most experienced levels. I'm not sure if those are even hired for, they might be promoted into.
Of the rest, the top paying ones seem to be fintech and AI startups. Only Netflix still scores high in top salaries.
It would make sense too, as they have a lot of leverage. Lots of people joining are happy to take a cut just to have the FAANG name on their resume. And I saw someone mention the average tenure is about 1.7 years.
- hiddencost 2y agoThose salary websites are very wrong.
- saagarjha 2y agoWhat about it is wrong?
- muzani 2y agoIt's odd because top level salaries are a tool to hire the best. If someone is paying a good salary, it makes good sense to broadcast them. Otherwise, what's the point? Who's going to go after invisible carrots? All you can do is spread rumors or expect that people act on delayed rumors. There's the argument that salaries are opaque so someone within wouldn't feel bad about getting a lower salary, but this is only really the case is someone is paying a L6 differently in US vs UAE vs India or something. But they know what market they're in.
- brotchie 2y agoLevels.fyi is to be trusted. 100% accurate for Google SWE ladder at least. Can be an apples-to-oranges comparison for some other companies with large stock appreciation (e.g. Meta), where a lot of the comp number are vested TC rather than granted TC. The numbers accurately reflect longer term employees W2s, but not the offer you’d get if you joined today.