I suspect we are going to see some turmoil in the tech hiring space with stock prices taking a beating in recent months. Large companies have gotten away with paying under market price for talent because employees have seen massive gains from stock appreciation over the last decade. If total comp starts going down year over year, suddenly the more traditional, no-frills system at places like Apple, Microsoft and Amaz…
> Large companies have gotten away with paying under market price for talent because employees have seen massive gains from stock appreciation over the last decade. Are you sure these places pay "below market price"? Just curious, what companies would pay significantly more than FAANG?
If they aren’t struggling to hire and retain, they’re paying market rate. It’s as simple as that.