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Ask HN: Is it possible to make FAANG salaries without working there?

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Re: Ask HN: Is it possible to make FAANG salaries without working there?

#101

I see levels.fyi has a good list of "top paying companies"[1]. Is that helpful? Side note: The difference at Staff Eng is slightly more wide. Eg. IBM Band 9 pays TC ~$250K while Meta E6 is ~$640K. Side note 2: From what I understand, Big Tech often brings in Staff Eng from smaller companies to a Senior Eng role. Reverse is also true, Sr Eng at Big Tech are often able to join Staff roles at smaller companies. [1] http…

IBM isn't the big deal that it used to be.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#102
post #20

Foreign companies setup offices in the USA to attract ex-FANGA engineers, and thus are willing to compete on compensation, with the additional benefits of being publicly traded,.

Which foreign companies are paying FAANG rates? Outside of Chinese ones I can't see that happening much.

Why pay easily 50-200% more for US talent when they can often get solid talent in Japan / Europe / China / etc. Outside of a small business and localization team, why bother?

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#103
post #80

If $250k base salary is "not enough", you should really step back and look at what you really want in life. Even in HCOL area, consider relocation and/or remote. And to clarify, I'm not saying it's greedy or wrong, just that you'll be happier in life with clear goals beyond a salary number. I found that what I wanted was attainable with lower salary and not working for FAANG or living in Bay area

I think most would agree $250k is a comfortable lifestyle, but if your neighbor is making $1M/year in the same profession just because he works at a different company, a bit of bitterness and or desire for more is hard to combat. Your neighbor can retire at 45 with $10M+, why should you be content with the low end of upper middle class and working until 60 for a more average retirement?

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#104

50 comments so far and nobody has named a single company. You might as well not post if you’re just going to be vague and coy. “They exist, trust me bro” and “I work in a medium sized company that does…” are pretty much a zero-value comments. HN should have a higher bar.

It's all about as trustworthy as the mythical high salaries for retired mainframe developers. I've never seen a single job posting nor any other proof that this is indeed true, in fact I've saw evidence to the contrary.

Most of these jobs would never get posted in the first place, you need to already be a known entity with these groups/be trusted before they let you close to the mainframe. Have a friend in one of these roles currently, ~10hrs/wk, remote, 6 figures.

People in these roles don't want to draw attention on their sweet comp packages which is why you won't see them crow about who/where they work.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#105

Don’t ignore the other aspects of compensation: raises, bonuses, vacation days, health insurance, etc. It’s not just salary.

When I was younger, the salary definitely would have been the top deciding factor. These days I'd willingly give up $50K for an extra 4 weeks of PTO. And none of that "unlimited PTO" bullshit either.

I am part of the group that misses unlimited PTO. I was averaging 8-9 weeks of time off under the unlimited model while I am capped at 5 weeks at a company with actual PTO.

The only difference is that I get paid out any remaining PTO, should I leave, whereas with unlimited, there was no expectation that it will be paid out on departure.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#107

There's the kind of job where you need security clearance and a full background check. Not all of those pay well (I assume the janitors at NSA are security cleared in some way), but some absolutely do. Especially when, like Snowden did, you leave the actual org after a bit and then get hired back as a private contractor.

Yes I’ve read this is a huge problem for these agencies. They invest in training people, getting them clearances, etc and then the people leave for the private sector because they make 5x as an ex-NSA cybersecurity expert etc.

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#108
>-- Are there people outside of FAANG and Big Banks / HFT firms making those kinds of monies?

I'm very confident there are, but should there be?

>-- if So who are they? and what do they do?

A lot of times it will be things that are a lot less ethical than big tech or financial firms.

>Is it possible to make FAANG salaries without working there?

As to the title question, stick around and you'll notice messages from people on the payroll of many of the biggest tech outfits who confirm that you can be quite gainfully employed there for years without having to do any real work at all ;)

Re: Ask HN: Is it possible to make FAANG salaries without working there?

#109
post #62

it'a catch 22 with some of those companies. 1. they don't hire often & usually have small teams 2. they make so much money, that they don't make noise about it. & you won't hear about them, unless one day you randomly run into one of their employees saying they're hiring on reddit / hn 3. they work in unsexy industries or high risk stuff e.g gambling 4. they're usually located in places you wouldn't expect

Why would gambling be high risk for employees? Unless you compare it to some cushy govt job it isn't really more "layoff-prone" than others.
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