Facebook Median Pay now $240k
sfgate.com
Facebook Median Pay now $240k
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Re: Facebook Median Pay now $240k
#2I've definitely felt the challenge of hiring in a startup as a result of these kinds of numbers. I'm curious what others think will come of this seeming bubble in compensation.
Re: Facebook Median Pay now $240k
#3I've definitely felt the challenge of hiring in a startup as a result of these kinds of numbers. I'm curious what others think will come of this seeming bubble in compensation.
Why “bubble”? Their business is more profitable than crack cocaine, and their profit per employee is over a million dollars. Seems like fair compensation for once.
Re: Facebook Median Pay now $240k
#4I've definitely felt the challenge of hiring in a startup as a result of these kinds of numbers. I'm curious what others think will come of this seeming bubble in compensation.
Why is it a bubble when they have an incredibly successful business that prints money where the people building the service are being rewarded for helping build such a successful outcome?
Re: Facebook Median Pay now $240k
#5Includes RSUs, for those who don’t feel like reading the article.
Re: Facebook Median Pay now $240k
#6I've been thinking a lot about the merits of the (highest income / median income) ratio in creating a society that is a little more resistant to eventual inequality. Rather than setting absolute tax brackets, what if we define tax brackets by this ratio? That way, it will be in the interest of the highest income earners to raise the median income.
Re: Facebook Median Pay now $240k
#7I've definitely felt the challenge of hiring in a startup as a result of these kinds of numbers. I'm curious what others think will come of this seeming bubble in compensation.
Why is it a bubble when they have an incredibly successful business that prints money where the people building the service are being rewarded for helping build such a successful outcome?
There might be some regulatin coming their way.
Re: Facebook Median Pay now $240k
#8Includes RSUs, for those who don’t feel like reading the article.
IIRC this article includes stock options for engineers but not the CEO. Meanwhile, not counted, are the legions of Facebook contractors (e.g. food service, janitorial, and some? a plurality? engineers).
Re: Facebook Median Pay now $240k
#9I've been thinking a lot about the merits of the (highest income / median income) ratio in creating a society that is a little more resistant to eventual inequality. Rather than setting absolute tax brackets, what if we define tax brackets by this ratio? That way, it will be in the interest of the highest income earners to raise the median income.
It's easily gamed by contracting out for lower paid workers. What if Facebook came in at highest median pay because it relies more on contractors than other companies?
The data would be a bit more useful if they reported the job title of the median worker.
Re: Facebook Median Pay now $240k
#10Earlier quoted context omitted.
Why is it a bubble when they have an incredibly successful business that prints money where the people building the service are being rewarded for helping build such a successful outcome?
There might be some regulatin coming their way.
Which will make their business even more solid as it will make it harder for new entrants.