We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
1–10 of 114 posts
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#2How do you verify the salaries, and how do you decide which firms to have in the site?
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#3Is it possible to work for SV $TOP directly from e.g Eastern Europe?
If yes, then how the salary would be reduced due to location adjustments?
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#4How do you verify the salaries, and how do you decide which firms to have in the site?
Hi, we collect both self-reported entries and proof documents such as W2s, offer letters, and pay stubs for verified entries (https://www.levels.fyi/addcomp.html). We also collect verified offers through our negotiation service. While we don't display these on our site or make them public, they anchor the data on our site to a ground truth.
We've added thousands of companies recently for a push to get more information, check out our company directory at https://levels.fyi/company/. We also take requests on this page if you don't see a company. The biggest limitation for us is getting salary data for a company – if we get 3 or more submissions for a company, we'll create a page for it. We encourage everyone to help us out by contributing at the link above!
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#5Is it possible to work for SV $TOP directly from e.g Eastern Europe? If yes, then how the salary would be reduced due to location adjustments?
Based on my experience with India, they will try to pay 20-30% more than next best comopany in that region you live in.
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#6Is it possible to work for SV $TOP directly from e.g Eastern Europe? If yes, then how the salary would be reduced due to location adjustments?
Yes many of the top tech companies are now hiring across Europe (and in fact have been). Ex. https://eng.lyft.com/introducing-lyft-engineering-kyiv-2884d...
Salaries are definitely adjusted. To get a feel for salaries:
- https://www.levels.fyi/Salaries/Software-Engineer/Netherland...
- https://www.levels.fyi/Salaries/Software-Engineer/Ukraine/
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#7Why is stock such a big portion of compensation for the big tech companies?
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#8Why is stock such a big portion of compensation for the big tech companies?
My guess is that it lets companies pay higher salaries without affecting their cash flow (instead of paying cash, they dilute the stock).
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#9Is it possible to work for SV $TOP directly from e.g Eastern Europe? If yes, then how the salary would be reduced due to location adjustments?
Yes many of the top tech companies are now hiring across Europe (and in fact have been). Ex. https://eng.lyft.com/introducing-lyft-engineering-kyiv-2884d... Salaries are definitely adjusted. To get a feel for salaries: - https://www.levels.fyi/Salaries/Software-Engineer/Netherland... - https://www.levels.fyi/Salaries/Software-Engineer/Ukraine/ - https://www.levels.fyi/Salaries/Software-Engineer/London/
But isn't it like that e.g EU branch of $FAANG company does less cool stuff?
e.g Google EU does CRUDs and maintains GCP meanwhile cool stuff is being done in MV?
Re: We're Levels.fyi, the most accurate resource for tech salaries, ask us anything
#10Why is stock such a big portion of compensation for the big tech companies?
I'm not from levels.fyi but I think some reasons are
* Its cheaper for the company than cash (stock is the company's currency, they can issue more of it, decrease the supply, use it as collateral in financing etc)
* It can be better for the employees (pay less in taxes, more opportunity for growth)
* Incentives become aligned (I now care about the continued success of the company more so than I otherwise would)