Choosing companies by compensation is so 2019. In 2023, it's about your commitment to and track-record on remote employment.
500 Highest Paying Tech Companies (Dec 2023)
51–60 of 87 posts
Re: 500 Highest Paying Tech Companies (Dec 2023)
#52The 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.
Are you suggesting that people are putting in bad data to Levels.fyi? Because the data wasn't extracted out of thin air, or made up.
Equity data usually represents a big part of compensation and is basically impossible to value objectively as there are too many factors at play.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#53This 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 d…
Agreed, added a wall of disclaimers to clarify what it is and what it isn't.
Would it not be possible to look at one single level across all company? ie IC4 or something?
Re: 500 Highest Paying Tech Companies (Dec 2023)
#54Choosing companies by compensation is so 2019. In 2023, it's about your commitment to and track-record on remote employment.
Actually choosing companies at all is so 2019. Now it’s companies choosing you :(
Re: 500 Highest Paying Tech Companies (Dec 2023)
#55Garbage in, garbage out.
Where’s the garbage in? This is allegedly self reported data by actual employees, not made up fabricated data
Re: 500 Highest Paying Tech Companies (Dec 2023)
#56Recent OpenAI datapoints on Levels.fyi show something like $300K salary and $600K "stock", for hires just in the last few months...
Is that RSUs at some current valuation? ISOs with strike price at current(!) but assuming stratospheric growth continues over vesting period? Something else?
Is the stock value what the landslide support for the CEO-in-exile was about?
Re: 500 Highest Paying Tech Companies (Dec 2023)
#57“ 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
Also clubhouse. Is it still alive ?
Even if it is, the stock is forever illiquid and that comp beyond base salary is a mirage.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#58Earlier quoted context omitted.
Agreed, added a wall of disclaimers to clarify what it is and what it isn't.
Would it not be possible to look at one single level across all company? ie IC4 or something?
The definitions of levels vary wildly and there just isn't a good way to compare them. People can be justifiably one level at one company, while being quite a different level at another company.
Re: 500 Highest Paying Tech Companies (Dec 2023)
#59I 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.
Which TGS? Total Global Sports or the TGS Energy Data Company?
It’s a secretive quant fund in California. https://en.m.wikipedia.org/wiki/TGS_Management
Re: 500 Highest Paying Tech Companies (Dec 2023)
#60This 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 d…
Would accounting for years of experience control for job level somewhat? That's the only info that could be extracted
I think that would be an interesting data set to publish, but you're right it would only somewhat control for it.