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Faang salary reddit
Faang salary reddit. 2M equity per year approx Not actually in Canada yet but will be moving and have my relocation salary offer. I think it’s around 2-3% for just the 5 companies in FAANG, maybe 4% if you include the other companies that benchmark against FAANG salaries. Which are exactly the companies under discussion here. Is that correct? For reference I’m basing this on FAANG total compensation around $150-200k for junior PM, $200-300k, base PM, $300-500k for Just wanted input if a career switch to patent law would be worth it for me. On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is Fun to Narwhal to BaconReader. You can leverage two years of FAANG experience to get interviews in most places. Mid career software engineers, from senior individual contributors to senior managers, at FAANG make between $300k and $700k. It’s still miles above the salaries that local companies will pay in low cost of living areas. However, only 36. But I also do not regret leaving, and most of my longest lasting, best friendships are people I met at a FAANG but who have also left. fyi is that all salaries are converted to usd. FYI - these look like base salaries for senior level engineers. It should be 50L after next year's hike. This means that 25%-40% base salary above becomes 90%-110% TC above. Low to mid 6 figures (120k+) is very common in the Bay Area. You could probably get more in the current market conditions depending on which sector you're going into. Sep 15, 2019 · The salary band for FAANG is very large (entry level vs average vs top percentage). Staff (12+ YOE) often 600k+. Don't do it for the money --> but it's a nice benefit for sure. Most comp is in stock. r/limerickcity is a vibrant online community dedicated to celebrating the captivating city of Limerick in Ireland. they command a much higher salary. levelsfyi have very good data points for swe salaries Search 300k+ salaries for different companies, job titles, career levels, and locations. Note that this is quite different from mid-sized company where frequently TC == Base salary. Spent 20 years in FAANG now at another large tech company. TC at a base salary of somewhere in the 200s is approx 4-500k … depending how RSUs do in the market (this year is going to suck) Source: i work in big tech FAANG LCOL (remote) Product Manager Director $322k base, 30% bonus base, $1. I don't think your salary comparisons are accurate, for three reasons. Google compensation is based on local market rates. Edit: looks like the comment only referred to base salary not total comp. 331 votes, 133 comments. I reckon people make about $150k in NY. (also it's more like 85-90th percentile) it's really not "awful" within the market at all. I. I just got promoted from FA to FA2 at a FAANG, salary approx. Explore our tools to help you get paid more! I've noticed Reddit Especially OVER estimates their salaries. On track to 110k t These are normal. After returning 2 years later, they raised my Indian salary to mere 24L and later to 26L after a couple of years. Edit: another big problem with levels. Also had approx. The problem is, that the recruiter is asking for my current salary + bonus, which is pretty low (compared to FAANG) since I am currently employed at a university. From what I can tell, it seems like startups, whether it be series A or series D, need reasonably good exits for the equity to be worth enough that the total compensation is similar to FAANG levels. 175 votes, 51 comments. When you add in bonuses and stock options, total compensation can easily exceed $300,000 annually for senior roles. Stock and guaranteed bonuses are worth a bit more than 50% of my base salary. And of course, career and salary wise, the output of working at FAANG is, on average, better than working anywhere else. For example, so many people who live in NYC making more than 200k or 300k. On the other hand, there are way more FAANG SWEs than actuaries, including students. FAANGs simply cannot afford to work on dead-end technologies. 50K subscribers in the Salary community. Not some PhD in ai. G is in person and Amazon is remote btw. I currently make 120-130K total comp with 2 years of experience. Like others have mentioned, FAANG have offices in Münich if you are interested. So 80k for an engineer position sounds very low to me. Had I remained in Canada, my Canadians salary by now should have been CAD $140K. They figure out a distribution then pay something like 95th percentile. Most people will be getting around $200-300k as a base salary. Instead it's a mix of stock options, base salary, benefits, and maybe a sign-on cash bonus. We all know that established companies used to be growing startups. I don’t regret my time working for a FAANG. Most other companies in Zurich doesn't pay stock or bonuses, so add around 50% to that diff. $25k sign on bonus but that was for my FA1 position so you will probably get more The scope of what you do in FAANG or any big tech company for that matters is bigger than most companies. Unfortunately, none of the German companies can compete with FAANG when it comes to reputation and salaries. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. It was 150-180k base for Colorado (remote). As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. But the usd-chf exchange rate has changed significantly over the last year and I don't think the older figures changed But again, since it's spread so wide and each company controls less % of the electronics market than FAANG % of the software market, the salaries do tend to be a little lower, though still good depending on where you go. You would be given equity ( mostly 50k us to 100k usd) of company stock divided by 4 years. Just be vigilant that you don't fall into the trap of "needs rising to meet income" and thereby getting addicted to the FAANG salary :) It is a good salary for your experience. However, based on myself and others from my PhD cohort, for a fresh grad from a computational PhD in the SF Bay area you are looking at $140-160k in base pay (+ some bonus, + some stock). I have 1 YOE and live in a LCOL ~ MCOL area. The rest is all bonuses which aren’t guaranteed. Cost of living is certainly higher than the U. . (tripling to 185k does). $90k, $125k, $150k, $200k, $300k salaries. Reply reply 7th year, switched to FAANG: $215k 8th year, FAANG: $260k 9th year, FAANG: $330k, matched a competing offer and was promoted 10th year, FAANG: $380k 11th year, FAANG: $630k, promoted Basically took a huge paycut to move to tech, but now make as much as I would have in IB but working half the hours Most people only ever entered salary data for their first job to get access to additional site functionality It usually only lists salary and excludes bonuses and RSUs Bonus starts 15% at lower levels (except Amazon, which doesn't pay it) My end goal is to work in FAANG for a few years and then "retire" to do freelance work for non-profits and small businesses. Assuming it is for a senior role the aim is to hit $160-$180K for CBD areas in most med-sized tech companies. Members Online Far_Accountant6425 It’s very bonus dependent. true. I was underpaid pre-covid. The pay can be very good. $70k and $45k stock, should be getting more in Q1. This subreddit is meant to help encourage discussions related to salaries… Started web development full time in 2020, before that I was a part time personal trainer at a gym and going to school. com Jan 16, 2024 · On average, a data engineer in FAANG might expect a base salary ranging from $130,000 to $200,000 annually, depending on the company and location. average, but were I to relocate to CA, I'd need over $100k added to my annual comp just to break even I see a lot of numbers being thrown around. My recruiters for Amazon have suggested that I ask for for 230-250k TC which frankly is insane by pre-pandemic standards, I currently earn less than half of this figure and feel almost guilty asking for this much. To your point, that’s way below 10%, so it wouldn’t really show up in the data except in some of the regional cuts. Congrats on the finance role at FAANG!! Salary honestly isn't too far off from what SWE's make (at the same level). As you go higher, stock is a larger part of your compensation. I've worked at another FAANG company before (SG office) at a non-engineer job, and my salary was almost this level. e you were top of your class in Stanford/Oxbridge/MIT etc and you did your PhD on some of the most revolutionary work possible. The role will be based in either California or Texas but this doesn’t affect salary (I believe it would be the same for either location). Graduated in 2011; worked in nonprofits, academia, and government until 2017; then switched into startups for two years; and then landed in FAANG… High end salaries for senior staff increased quite a lot after 2020 in FAANG level companies. Startups are lower base salary with uncertain equity. Levels. Google offered $157k (base salary of 106k) and Amazon offered $183k (base salary of $135k). The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. As long as you don’t join AWS or Alexa at Amazon your WLB is on par with other FAANG. so if you're trying to optimize for compensation, it's definitely a role that pays well. Graduated high school in 2012 -- odd jobs/part time work until 2017 when I started at the gym. For a senior person, Big Tech (FAANG) has equity on the order of the base salary. I saw a job posting for a mid-level (3-5yrs experience) GRC Analyst role at a non-FAANG that actually had the salary in the job description yesterday. Doubled my salary a few months later. FAANG do all have hardware divisions though, and do hire lots of engineers. See full list on wearedevelopers. However when I resigned my Indian salary was raised (I was retained) to 41L and later 45L now. A PM at FAANG makes about 300k+. Google interns have a starting pay of $75k and $150k for juniors according to a google search. S. Though FAANG in the UK does provide relatively high TC. With Canadian companies like banks salary are a bit lower. Which is equivalent to $70k in the Midwest. fyi allows you to filter by city. Also considering that reported levels are gross and you need to cut like 47% taxes is a bit confusing. Obviously if you get into a FAANG it'd be basically double that. Usually under 300k. Hi everyone, I just got informed, that I passed my on-sites for a FAANG-like company and they now want to move towards an offer with me. Base of 150k to 200k is common with USA based companies. Background: Graduated BSEE in ‘21 In tech industry for almost 2 years, doing customer facing engineering roles. Double-ing your salary (from 65k to 130k) doesn't have anything to do with FAANG. In a low CoL area you might make 10% less than those listed figures but that’s still huge especially when you don’t have crushing housing costs. Base salaries don’t change much. Total Compensation. When you applied to these positions I'm guessing you put 2023 as your grad year as well (as opposed to a normal freshman grad year of 2025)? Lowkey think that's the most important tip that you didn't seem to highlight I'm not going to post my salary exactly because people have tracked me down from Reddit before. This is key. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. Focus the most on base salary the higher the better, it’s better to have high base salary with 10 % bonus vs low base salary and 20% bonus. Even though now I am making less then FAANG- I am making way more then I used to But not everyone get as 5% of joining bonus as TC just like i said faang companies like amazon google give 60 L bonus no way its gonna be 5% of TC because 60 L joining bonus means if you have more than 10 crore of TC lol even ceo's in india won't earn that much Hi all, I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. Options are for growing startups. Nov 17, 2020 · In the first ranking, all FAANG companies, except for Amazon, earned a place in the 15 most recommended companies to work for. However, after reading posts from r/cscareerquestions it seems there are many companies in the US that can match FAANG level pay, at least in tech hubs. Firstly, excluding bonuses (and specifically stock) biases the comparison against FAANG, since according to Glassdoor your Amazon SDE on 58k will get 16k in stock whereas I doubt the average SWE in Manchester will get anything. I'm currently in the SecOps side of things but I do quite a bit of Auditing work as well (pretty much because we're… 138 votes, 93 comments. Now it is crazy, endless feature requests. Missing people to deliver, unclear roles, ever changing roadmap. For FAANG companies it usually gives you a pretty good idea, but it is slightly skewed upwards. How do folks rationalize going from Big Tech to a startup? As far as I can tell, it’s about a 50% pay cut. And no, does not have to be Faang at all. TLDR: I'm wondering if the current work from home environment presents opportunity for people outside of NY/SF to apply for remote positions and what the salary potential is outside of engineering at the FAANGs. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. I'm in a non-NY office on the east coast. FAANG salaries are still FAANG salaries even if you’re in North Carolina. FAANG and FAANG-adjacent companies (giant private unicorns and other public tech companies) almost universally pay in RSUs, not options (sans Netflix of course, which is all cash). This subreddit is meant to help encourage discussions related to salaries, promotions, negotiations, relocation, market research based on title, location, education, and experience. Prestigious FAANG or FAANG-like: Facebook-Amazon-Apple-Netflix-Google for those unfamiliar with the acronym FAANG 1: $405k (100% base - I guess this is guessable 🙄) The software engineer salary is rank and file software engineeringofcourse you need to get promoted to sr staff. With 20,000+ members, it's a platform buzzing with people sharing stunning photos, historical anecdotes, events, and insider tips. Principal or higher (very hard to get to) over $1mm/yr. In Romania most of the people talk about NET income and for senior staff in FAANG level companies is usually above 3000EUR per month NET on average. Pissed, he told us we were all underpaid. So I tried to do some research, and found on Glassdoor a surprisingly low salary range for this specific company (something like 80k/year for the junior level). Admirable goal, and I definitely understand it financially. Quiet small updates on products but save place to work and good salary. I would say based on my time working as a CFP&A manager at a FAANG (also specifically working in OPEX), the stock refreshes at times are double what finance would be making. Every time I mention leveling in this subreddit, either L{n}, E{n}, or junior-principle, I get questions asking for clarity… Why are SAP consulting salaries low compared to what developers at FAANG make, especially in USA and India? levels. Everything you need to know about sales, selling, business development, lead generation, prospecting, closing and more! Recommended books are linked in the menu and sidebar. Edit: I used to work in FAANG. Source: most of my friends are FAANG or FAANG adjacent engineers. How hard is it to expect a 200k salary in USD as a senior data engineer role in States? The salary is kind of capped at 150k for a senior data engineer role where I live here and when I read this kind of article, it makes me wonder if this is a rare case or quite normal for data engineers with good experience to expect 200k+ for a perm employee. At least in Europe, I have not seen any normal company paying FAANG level salaries. fyi and blind are filled with posts of people making $250k, $400k, doing regular developer jobs - these are not managerial or architect roles. We would like to show you a description here but the site won’t allow us. I'm in a similar role at a near-FAANG and my pay is similar in a high COL place (but I'm remote and haven't been to the office). The quantity of equity never seems to compensate for the risk. Basically the high end companies don't like paying the salary in cash. Back in Mid-March, we learned that 57% of surveyed professionals feared being laid off. Senior engineers are making close to 400k total comp. $300k+ starting salary if you're a PhD grad from one of the top research groups in the world, and land a gig at DeepMind, FAANG, etc etc etc. When covid happened, my old job fired our Director (because wanted to use his salary to bring in someone else with more experience we were told). However, the biggest difference is the RSU sign on and stock refreshes. Some FAANG, some non-FAANG, the ones in CA/NY offices tend to get slightly higher ranges due to cost of living but it hardly covers the difference. Roughly speaking FAANG gives your 50% more than your next best offer, so I dont think you can easily out negotiate their offer. 36 votes, 17 comments. but hey Airbnb starting salary is 230k and same as a principal mech engr in my company . 6% of Facebook professionals shared that fear.
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