Tech compensation in 2021

#1

Post by mjgardner » Thu, Oct 14, 2021, 9:33 PM UTC

Tech compensation in 2021
jacobian.org

Re: Tech compensation in 2021

#2

Post by btheshoe » Thu, Oct 14, 2021, 10:06 PM UTC

The best way of doing this is to just use levels.fyi and ask on Blind (which is a toxic place, but a bit of toxicity is needed to maximize tc).

Re: Tech compensation in 2021

#3

Post by Etheryte » Thu, Oct 14, 2021, 10:09 PM UTC

While I don't have doubts about this being a good way to find rough outlines for compensation, I'm yet to find a reliable source of data for Europe. Has anyone else had better luck?

Re: Tech compensation in 2021

#4

Post by KingMachiavelli » Thu, Oct 14, 2021, 10:12 PM UTC

Etheryte wrote: post #3

While I don't have doubts about this being a good way to find rough outlines for compensation, I'm yet to find a reliable source of data for Europe. Has anyone else had better luck?

Don't a lot of countries in Europe make salary info completely public? Seems like it should make creating aggregates even easier.

Re: Tech compensation in 2021

#5

Post by claudiulodro » Thu, Oct 14, 2021, 10:13 PM UTC

btheshoe wrote: post #2

The best way of doing this is to just use levels.fyi and ask on Blind (which is a toxic place, but a bit of toxicity is needed to maximize tc).

Those really only cover giant tech co's though. Clearly it would be better and more accurate to get real data points, but I think the approach the article describes works well if there isn't a bunch of public data for a company already.

Re: Tech compensation in 2021

#6

Post by zz865 » Thu, Oct 14, 2021, 10:13 PM UTC

> Chris can expect to make $300k at a non-FAANG company, but nearly double that if they’re willing to compromise on that “no-FAANG” stance

Is that really a good rule of thumb? FAANG pays double non-FAANG?

Re: Tech compensation in 2021

#7

Post by cinntaile » Thu, Oct 14, 2021, 10:14 PM UTC

KingMachiavelli wrote: post #4

Etheryte wrote: post #3

While I don't have doubts about this being a good way to find rough outlines for compensation, I'm yet to find a reliable source of data for Europe. Has anyone else had better luck?

Don't a lot of countries in Europe make salary info completely public? Seems like it should make creating aggregates even easier.

Only for public servants.

Re: Tech compensation in 2021

#8

Post by rodonn » Thu, Oct 14, 2021, 10:16 PM UTC

zz865 wrote: post #6

> Chris can expect to make $300k at a non-FAANG company, but nearly double that if they’re willing to compromise on that “no-FAANG” stance Is that really a good rule of thumb? FAANG pays double non-FAANG?

It's not a good rule of thumb. There definitely are some tech companies that pay less than half of FAANG (especially among small startups and eng roles in less tech centric companies), but there are also a lot of companies that have similar salaries to FAANG.

Re: Tech compensation in 2021

#9

Post by DrNuke » Thu, Oct 14, 2021, 10:16 PM UTC

Etheryte wrote: post #3

While I don't have doubts about this being a good way to find rough outlines for compensation, I'm yet to find a reliable source of data for Europe. Has anyone else had better luck?

You may want to have a look at salary surveys from headhunting firms or placement agencies like Michael Page or similar.

Re: Tech compensation in 2021

#10

Post by imajoredinecon » Thu, Oct 14, 2021, 10:17 PM UTC

claudiulodro wrote: post #5

btheshoe wrote: post #2

The best way of doing this is to just use levels.fyi and ask on Blind (which is a toxic place, but a bit of toxicity is needed to maximize tc).

Those really only cover giant tech co's though. Clearly it would be better and more accurate to get real data points, but I think the approach the article describes works well if there isn't a bunch of public data for a company already.

I got a reasonable amount of value out of skimming Blind during a recent switch from big tech to a more niche role. The amount of signal definitely drops (as does the signal-to-noise ratio) but it was still useful to a certain extent.