Top Paying Tech Companies by SWE Level

Post by walshemj » Mon, Jan 06, 2020, 2:08 PM UTC

meritt wrote: post #80

huehehue wrote: post #53

What I'm taking away from this is that many (most) companies are grossly underpaying their engineers. I've been through the SF/NYC Senior SWE interviewing gauntlet twice in the past three years, and received 10+ offers at half this rate. Levels claims to be checking offer letters, which is great IMO. It's really hard for people to know they're being undervalued when the employers are low-balling and the self-reporter…

> many (most) companies are grossly underpaying their engineers. No, that's simply unfair to the companies who don't have billions of dollars in free cash flow or effectively infinite amounts of VC money. The top firms have gotten themselves into an insane bidding war which has a side effect of creating an oligopoly on talent, as it's simply unrealistic to impossible for many firms to compete. Not to mention they app…

Post by mpeg » Mon, Jan 06, 2020, 2:12 PM UTC

th-miracle-257 wrote: post #144

HenryKissinger wrote: post #62

Earlier quoted context omitted.

Here in Canada entry level SWEs are getting paid 60k-70k CAD (45k-55k USD). It's worse in Europe. These numbers are absolutely mind boggling. Even with a higher cost of living and California income taxes, you still have at least 100k of free money to invest. It's no wonder so many people apply for jobs at FAANGs. A job at a FAANG is practically a ticket to early retirement.

It is worse in Europe, but try getting a FANG job in Europe and they still pay extremely well. My base pay is 150K pounds and not in London! Definitely I have a very niche skill in demand and I had to work really hard and be luck at the same time, to land at this role, but I will any day pick Europe with all the other benefits that a European country gives me.

Post by bovermyer » Mon, Jan 06, 2020, 2:15 PM UTC

cletus wrote: post #171

As a FAANG engineer going on 9 years now, let me address the usual rebuttals: - There is a selection bias. Nope, this is pretty much accurate. - These aren't real. Yes, yes they are. - Self-reporters are lying. Maybe some do but these numbers are pretty accurate. If anything, I question Lyft and Airbnb as such outliers. I wonder if this factored in Lyft's post-IPO stock performance and makes unrealistic valuations of…

Post by cletus » Mon, Jan 06, 2020, 2:16 PM UTC

textfoo wrote: post #295

cletus wrote: post #171

As a FAANG engineer going on 9 years now, let me address the usual rebuttals: - There is a selection bias. Nope, this is pretty much accurate. - These aren't real. Yes, yes they are. - Self-reporters are lying. Maybe some do but these numbers are pretty accurate. If anything, I question Lyft and Airbnb as such outliers. I wonder if this factored in Lyft's post-IPO stock performance and makes unrealistic valuations of…

> Some FAANGs have caps on 401k matches. Some don't. Federal contributing limits at 19.5, no?

Post by PopeDotNinja » Mon, Jan 06, 2020, 2:17 PM UTC

philjohn wrote: post #260

naikrovek wrote: post #255

Earlier quoted context omitted.

Yeah because nothing is more important than the acquisition of wealth.

It's worth mentioning that retiring early is an important goal in and of itself. You can either spend the bulk of your healthy years working towards a far off goal in your 60's, or you can work hard in your 20s and 30s and then spend your only time on this earth doing things that interest you, with your spouse.