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Meta must really be paying a lot!

• guessmyname 4mo ago
  Indeed → https://www.levels.fyi/companies/facebook/salaries https://www.levels.fyi/companies/facebook/salaries • Engineer (E3, entry level) $248.2K avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e3 https://www.levels.fyi/companies/facebook/salaries/software-... • Engineer (E5, senior level) $629.8K avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e5 https://www.levels.fyi/companies/facebook/salaries/software-... • Engineer (E7, principal) $1.69M avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e7 https://www.levels.fyi/companies/facebook/salaries/software-... • Engineer (E9, distinguished) $6.09M avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e9 https://www.levels.fyi/companies/facebook/salaries/software-... And so on with other roles, as you can see on that page.
  • mdavid626 4mo ago
    Crying in Germany with 60-85k average SW engineer salary.
    • lostglass 4mo ago
      Hey, if you can handle a dystopian Kafka inspired shit show all major tech companies have an office in Berlin.
      • hparadiz 4mo ago
        How? Any world wide company will have local offices for local operations. They are big enough that they have whole data centers there. Of course they'll hire some locals.
        • lostglass 3mo ago
          What do you mean how? I know engineers in Berlin that work for AMZN, MS, meta, and Google...
          • hparadiz 3mo ago
            I def read that wrong originally.
    • delis-thumbs-7e 4mo ago
      Yeah, but you don’t have to have to pay SF mortgage prices, have a working public healthcare, no hordes of homeless on your doorstep etc. etc. One might argue that we get more for our sille euro wages. Also if we decide to leave the company, we are not completely f_ckd, since our families don ’t suddenly drop out of healthcare and other services.
      • IshKebab 4mo ago
        Even though SF mortgage prices are high, they aren't that high. You're still very well off on those salaries.
      • lnsru 4mo ago
        What you ignore is the thing that with meta’s salary you can retire in 10 years back to Europe. With silly wages in Germany you can retire on your 75th birthday. Feel the difference? Germany’s economy is stagnating, there will be no higher salaries anymore. Just higher taxes. If I were younger I would pick SF and hordes of homeless over declining Germany. If you follow political discussions it will not get better: planed VAT increase, retiremeNt and health insurance getting continuously more expensive. Even if I can get 3% yearly salary increase it will be eaten up by rising taxes and inflation making my poorer every year.
        • intended 4mo ago
          But you would have gotten to live in Germany for those ten years. SF and Meta make sense if you are going to try to be the cutting edge of conversations and tech. If you just want to live your life?
          • hparadiz 4mo ago
            I have family there and have stayed with them for several weeks at a time. Why do you think Germany is automatically better?
        • delis-thumbs-7e 4mo ago
          I think this reduces to a simple question of preference, but you understand that in order to get those salaries you work around the clock in a work environment so toxic, that there’s several books written about it. There’s a reason why they dev’s can order food and have free laundry service there, and it’s not zuck just loving his employees more. So yeah if you don’t get ill or burnout you get to retire earlier, and then move back to Europe. I’d rather stay in Europe, have spare time, live my life in nicer society and perhaps even make products that help society, or somebody, some way. As of Germany, I don’t follow currenct politics over there (not a German here, Finnish), but you guys have time and time again show that you can produce pretty much anything for the global markets as well or better than anyone else. Your problems are political, and you are your own worst enemy. Germany has enormous possibilities as a society, if you just get your shit together.
    • rsynnott 4mo ago
      Facebook doesn't pay an average US salary, either (which is presumably why anyone stays). Based on levels.fyi, you'd be looking at 300-400k eur for an E5 in Berlin all-in. Not sure I'd recommend it; there are less cartoonishly evil companies who still pay silly money in Europe available.
      • mdavid626 4mo ago
        I don't think they pay you that much in Berlin. Why would they? All other companies pay less - no competition what so ever. Paying >100k is already super good, so they do probably around that.
        • rsynnott 4mo ago
          > I don't think they pay you that much in Berlin. Why would they? All other companies pay less - no competition what so ever. There are a small number of FAANG-ish companies who pay very high salaries in Berlin, London, Dublin, etc etc. (And of course Zurich, but Zurich is Zurich.) > Paying >100k is already super good, so they do probably around that. I assure you that they pay more than that for halfway senior roles. Note that a lot of it would be in equity; the base salary would likely be in the 100-150k range, but one might get that again in equity.
          • mdavid626 4mo ago
            I had a friend working there - he didn't make that much in senior roles.
      • zipy124 4mo ago
        They pay £271k at E5 for London according to levels.fyi so I presume that Berlin number is wonky.
        • KaiserPro 4mo ago
          It might be a buyout, or someone/some people moving to berlin from america. if you are moving countries you keep your RSU allocation, but your wage is adjusted down/up based on local levels. (ie for london its .85 or something)
  • fergie 4mo ago
    Wait- wut!?
  • jleask 4mo ago
    Currently living in the UK where average principal salaries are less than entry level. Even better working for a US corp and having to deal with the complete lack of understand about why we aren't nearly as motivated as our US counterparts
  • tsukikage 4mo ago
    Note that those are total comp numbers. Something like 60% of that is dependent on performance review, which is fed in large part by automatically collected metrics like number of commits, number of code reviews ticked off, the LLM token usage leaderboards etc; creating all the perverse incentives you'd expect. So you can rely on income to precisely the extent you are willing to destroy your soul.
    • KaiserPro 4mo ago
      its a bit more complex than that. However when you join you are given a bunch of shares that are paid out every quarter. The wage is tied explicitly to your level, the number of shares is a bit more flexible. dpeending on what area you work in, and how in demand your role was, your shares make up between 10and 70% of your take home wage. Every year you get "refreshers", again calculated centrally by level. For example an "E5" (the lowest level of senior engineer) may get a refresher of $150k of shares at january prices. Your performance grade is then used as a multiplier (ie bad == 0, ok == .75 good == *1.0 etc etc etc) so even if youre not that successful you can amass a large amount of shares.
    • Anon1096 4mo ago
      No not really your perf will only realistically influence 10 maybe 15 percent of your comp for your first 4 years. Vast majority is fixed at signing time. Numbers there are truly what you can expect to get.
    • ryan_n 4mo ago
      Even 40% of those numbers is higher than average though which is insane...