The data seems wildly inaccurate. The total comp for some of the private companies seems way too high, not to mention how the equity is extremely illiquid. The total comp for nvidia seems way low given how their recent performance.
500 Highest Paying Tech Companies (Dec 2023)
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Re: 500 Highest Paying Tech Companies (Dec 2023)
#12Saw the description on the README which shows median, fair, but there's a lot of nuance such as whether or not it's a new offer, location, and level. As a consumer of this info I'd usually try to understand comp against those extra dimensions. That said, great simple table though!
Re: 500 Highest Paying Tech Companies (Dec 2023)
#13This data is really not that useful, or doesn't reflect what the simple title suggests it does.
There doesn't appear to be any attempt to control for job level, and it's not even clear how one would control for such a thing. Public company stock and private company stock appear to be valued the same which may be true on the surface, but is a wild misrepresentation of reality (in many ways). Different companies need different distributions of skills, so would have different median salaries even though they might be paying the same amount for the same job. This doesn't account for geographical distribution, those centered in the bay area are likely going to be higher up this list despite others potentially paying much better in their regions.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#14“ In March 2022, OpenSea saw revenues of $61.33 million; in March 2023, it had revenues of $172.33k. The drop represented a whopping 99.72% fall. The platform's fees have also fallen from $193.94 million in March 2022 to $1.41 million in March 2023.” That’s OpenSea, no 11 on the list making $1.4m of monthly revenue and paying SWEs 430k salary
Talk about an absolute squandering of capital.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#15The data seems wildly inaccurate. The total comp for some of the private companies seems way too high, not to mention how the equity is extremely illiquid. The total comp for nvidia seems way low given how their recent performance.
well, some private companies have liquidation events regularly, like Stripe or SpaceX. I'd consider that only slightly more risky than a public company.
I assume the same for Databricks, but i'm not sure?
I think nvidia has some title inflation. I have a friend who work there as 'distinguished engineer', and it's more likely they would be L6 or L7 at FAANG.
I'm guessing overall Nvidia's comp is very similar to most FAANGs in terms of skill and YOE but not title (maybe excepting entry level, since it goes lower and is more fine grained).
Re: 500 Highest Paying Tech Companies (Dec 2023)
#16levels.fyi is the real source of truth
Re: 500 Highest Paying Tech Companies (Dec 2023)
#17I don't work at TGS, but I have a feeling they're much higher on average than this shows.
I've seen their recruiting emails, they are happy to hint at being able to 3x whatever someone's current comp is.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#18A good start, now just needs a tech stack, location, and remote columns.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#19[deleted]
Re: 500 Highest Paying Tech Companies (Dec 2023)
#20The data seems wildly inaccurate. The total comp for some of the private companies seems way too high, not to mention how the equity is extremely illiquid. The total comp for nvidia seems way low given how their recent performance.
And there are a ton of large "boring" tech companies that are not on the list at all. I don't expect that they're anywhere close to leading the pack in comp, but not in the top 500?