71–80 of 547 posts
Earlier quoted context omitted.
It might be, though it also sounds like where I work, which is a company that has been mentioned a couple of times on HN (to a mixed reception).
Yep can confirm - if you know who this is, then it’s obvious who they are talking about.
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
Most FAANG engineers are NOT getting $1M stock grants.
That is the stock grant for Google L6-7, Amazon Principal SDE, and Microsoft L67.
These are engineering levels comparable to Director of Engineering or Engineering Manager and extremely rare.
> a Staff Engineer at an avg startup might get $250k base salary, in a HCOL area and maybe a 10-20% bonus
This is the norm at FAANG as well. Just add a $60-150k/yr stock grant, which is normal at other public companies in the Bay Area and Seattle tech scenes as well.
Yes, I'm working in the UK for a medium size company and gets the same as my friend that works for Google(he does get slightly higher bonuses) But I work 35 hrs a week while he works 45 and fly abroad every two weeks.
I maxed out bonus/stock at MS as Senior my last year, still left for PeerDB. But MS pays much less in Canada I guess
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,.
> then $1mil in stock for 4 years Most FAANG engineers are NOT getting $1M stock grants. That is the stock grant for Google L6-7, Amazon Principal SDE, and Microsoft L67. These are engineering levels comparable to Director of Engineering or Engineering Manager and extremely rare. > a Staff Engineer at an avg startup might get $250k base salary, in a HCOL area and maybe a 10-20% bonus This is the norm at FAANG as well…
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