This makes salaries and compensation in Toronto seem outrageously low. Wow. Maybe I should be moving? Crazy. (Sadly, family is here, so moving is unlikely)
This is the usual reaction for those outside the Bay Area. Cost of living is very high in SF though, as are home prices.
Compare career levels across companies
121–130 of 428 posts
Re: Compare career levels across companies
#122Huge fan of this site, for two reasons: - It lets “outsiders” to the tech scene understand salary and levels at big companies. If you went to MIT you probably already have frat brothers/sorority sisters or an alumni network that consists of senior engineers at these big companies that know the promotion and compensation schemes well. But if you were an equally smart student who went to a non target school, many of th…
There are two problems with these: 1) If you aren't at one of these companies, it's not a fair comparison. It's really difficult to find a pre-IPO company who is going to compensate you like these, if for no other reason than that options are just not something you can easily stick a dollar value on. 2) It's kind of depressing. It's very easy to find people at similar experience levels as you making FAR more money (p…
Re: Compare career levels across companies
#123Earlier quoted context omitted.
I worked for Google in London and SF, the was a significant salary difference but also some personal growth. Still it could be at least 2-3x
Right, I get the salary is 2-3x, but does that translate to a much bigger house? Better schools for your kids? Holidays to St Moritz? Or is it more like, 2-3x most of which goes into rent, health insurance and local taxes?
Taxes in California are high, though not higher than in the UK.
Bigger house? Better schools for kids? Not really. Maybe if you're in the top 5% of engineers.
Holidays? You can do pretty much anything you want anywhere you want for holiday. Almost everywhere in the world is cheap compared to living costs in the Bay Area.
Re: Compare career levels across companies
#124Amazonian here. Can anyone else from Amazon speak to whether you think these numbers look accurate? I'm sitting here in almost disbelief at how little I apparently make at AMZN. I don't think I have anyone to ask that would know and would be willing to give any kind of answer. I've been fairly content at Amazon. I've done good work, and have been a resource to others on my team. But if these numbers are right, I don'…
Of course, this is only from what I've seen.
The numbers seem to be a pretty tight grouping overall so I'm curious what your TC is like if you're in disbelief.
Re: Compare career levels across companies
#125Earlier quoted context omitted.
People should be reporting the dollar values they were awarded, not what the shares are worth when they added their comp.
But refreshes and new offers are matching the current stock value not the original
Re: Compare career levels across companies
#126Either I was: 1) seriously underpaid at Google, 2) things have changed a lot in the past half year or 3) the stats do not reflect real averages.
Keep in mind that new hire salaries at the same level are typically higher than folks internally who have been at that level for some time. The market rate has actually gone up significantly in last 1-2 years.
Re: Compare career levels across companies
#127Amazonian here. Can anyone else from Amazon speak to whether you think these numbers look accurate? I'm sitting here in almost disbelief at how little I apparently make at AMZN. I don't think I have anyone to ask that would know and would be willing to give any kind of answer. I've been fairly content at Amazon. I've done good work, and have been a resource to others on my team. But if these numbers are right, I don'…
Re: Compare career levels across companies
#128Re: Compare career levels across companies
#129Earlier quoted context omitted.
Very interesting, thanks for putting this together. One thing that I'd like to see - on compensation, can you clarify whether the stock grants are valued at time of grant or at time of vesting? If they are valued at time of vesting then the numbers will be much harder to (a) compare against one another, and (b) extrapolate into the future. Right now the submission form is ambiguous, which I worry is muddying your dat…
The submission form [1] asks explicitly for what would appear on your W2 (ex. vested value). Part of the reason why comp packages have been so high in last 1-2 years is that stock grants that were given to employees 2-4 years ago have shot up in value via a bull run stock market. To attract these employees, companies have to outbid their current expected take-home pay. Thus the vested value is actually most relevant…
The answer is one working for a company with equity that is increasing in value rapidly.
Take that away and it’s more typical to get $150-200k base plus another $50k in equity.
Re: Compare career levels across companies
#130Earlier quoted context omitted.
To be clear, there are different levels for managers and engineers. An L7 engineer is a seriously dope engineer (like the kind of person you'd want to found a hard technical company with; think low-level problems like DMA). An L7 manager maps to a senior engineering manager. I have talked to a couple L9 engineers and they're monstrous. L9 managers are directors or VPs.
Why is "hard tech" == "low-level"? There are plenty of interesting and challenging technical problems that are "higher level" but more difficult due to scale/latency/etc demands.