Faang salary reddit I'm an admin/project coordinator and my total comp is ~$150k. -FAANG-like salary (and equity) packages by working remotely. Prior experience: Startup (acquired by Oracle) I saw a job posting for a mid-level (3-5yrs experience) GRC Analyst role at a non-FAANG that actually had the salary in the job description yesterday. There have been a lot of inflating FAANG salaries posted on the salary thread due to a few morons posting their current / vested stock values rather than the value at grant (which is dumb), so they got lucky in the last few years when big tech was exploding. Low to mid 6 figures (120k+) is very common in the Bay Area. Yeah Amazon for example had a Security Engineer position for new grads paying like 130k before stocks/bonuses, similar to software engineers. Pissed, he told us we were all underpaid. $70k and $45k stock, should be getting more in Q1. So it’s common knowledge that “the dream” is FAANG. It's not specific to FAANG. Source: most of my friends are FAANG or FAANG adjacent engineers. I've had bad experiences working for 2 of these consulting firms. You’re absolutely right about the salary range for FAANG - most entry level devs make 160-200k TC. Which is equivalent to $70k in the Midwest. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. FAANG and FAANG-adjacent companies (giant private unicorns and other public tech companies) almost universally pay in RSUs, not options (sans Netflix of course, which is all cash). FAANG LCOL (remote) Product Manager Director $322k base, 30% bonus base, $1. The job that paid me $70k was in Kansas City, and that’s a lot of money out there. On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is Fun to Narwhal to BaconReader. levels. (also it's more like 85-90th percentile) it's really not "awful" within the market at all. I see myself getting promoted to a team manager/ senior software engineer in the next 8 years, and looking at the salaries on the net it seems like that a $350k+ salary would be pretty achievable. Base salaries don’t change much. , your entry salary there could be 100k but it could be 30k Search 300k+ salaries for different companies, job titles, career levels, and locations. As far as levels go, midlevel (i. Like others have mentioned, FAANG have offices in Münich if you are interested. you're still only expected to put in 8 hour days because unlike agencies, faang has the money to hire the right amount of people. , because then I understand what you're really asking. Lol no. Some fields are higher now even for entry level, companies that are purely AI hiring people out of college with experience building models may pay more. Paid SANS training and certification renewals. Startups are lower base salary with uncertain equity. Jul 24, 2024 · Your equity is more important than salary, especially since you can leave London to work remotely and save money if you want. It’s a good stepping stone to get started, but you won’t be living lavish. Entry level at FAANG in London is also around 90k. Senior engineers are making close to 400k total comp. Reply reply you're wildly overestimating the salaries of FAANG (which is an awful grouping btw). I just got promoted from FA to FA2 at a FAANG, salary approx. “FAANG” is just a term that was coined to describe the most dominant tech stocks and their influence in the tech market 10 years ago, which were Facebook, Apple, etc. Which are exactly the companies under discussion here. Top of the SDE-2 band at places at Amzn/Goog overlaps with SDE-3 in most other big cos (think Microsoft, Salesforce etc). Most comp is in stock. Principal or higher (very hard to get to) over $1mm/yr. Currently I have a 2 year work experience and have been working pretty awesome at my current CS job. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. Total compensation is in the $160-$170 range. 60k is very good. Usually under 300k. Depends on the level. For a senior person, Big Tech (FAANG) has equity on the order of the base salary. Google compensation is based on local market rates. In FAANG it's SDE-2 (L4 at Google and L5 at Amazon). Total Compensation. With championships industry-wide, unmatched viewership hours, and extensive benefits packages for players and staff, Cloud9 prides itself on being the best in all categories. FAANG salary levels in local job markets is unrealistic. The median salary at Fb is $240k, they definitely don't pay $200k out of undergrad. Or check it out in the app stores That's a nosebleedingly high salary. FB IC4) is just right for 4 YoE Source: SWE @ FB. Edit 2: Also, even though the starting/junior salary at FAANG is higher than at "normal" companies, if you never get into leadership, management, or anything upper management or executive, their mid to late career pay isn't that amazing. I was underpaid pre-covid. Unfortunately, none of the German companies can compete with FAANG when it comes to reputation and salaries. Note that this is quite different from mid-sized company where frequently TC == Base salary. It was 150-180k base for Colorado (remote). Edit: I used to work in FAANG. But not everyone get as 5% of joining bonus as TC just like i said faang companies like amazon google give 60 L bonus no way its gonna be 5% of TC because 60 L joining bonus means if you have more than 10 crore of TC lol even ceo's in india won't earn that much Get the Reddit app Scan this QR code to download the app now. I'd like to believe that FAANG can really pay off after working 10+ years, especially with the RSUs, but I don't have that experience or knowledge. As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. This subreddit is meant to help encourage discussions related to salaries… That's new offers as of the last week, priced to current market. and EU, I conclude that unless one is able to work on-site at a FAANG EU office, coming anywhere near U. fyi, it has pretty comprehensive data for FAANG. The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. How do folks rationalize going from Big Tech to a startup? As far as I can tell, it’s about a 50% pay cut. true. Try to ask for the best reasonable offer you see there. why are salaries in the UK so low on average? Because London is a poorer city than Zurich. (tripling to 185k does). Most people don't ever make it to L6. 366 votes, 136 comments. Edit: same applies to Berlin. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. Most Facebook/Google. As you go higher, stock is a larger part of your compensation. Instead it's a mix of stock options, base salary, benefits, and maybe a sign-on cash bonus. 76 votes, 60 comments. $25k sign on bonus but that was for my FA1 position so you will probably get more Salary wise, it's definitely not FAANG tier. The non FAANGS typically are so slow that if you could do well at a FAANG, you can really accelerate at a non-FAANG if you have the desire to work. The poverty rate in London is way above average for a large Western city, and salaries in the UK have been stagnant for the past 15 years. FAANGs simply cannot afford to work on dead-end technologies. I've noticed Reddit Especially OVER estimates their salaries. I don't think your salary comparisons are accurate, for three reasons. It takes a ridiculous amount of work and interview… By far, the BEST way to get a high salary in FAANG is to have a competing FAANG offer. I've worked at another FAANG company before (SG office) at a non-engineer job, and my salary was almost this level. I reckon people make about $150k in NY. They figure out a distribution then pay something like 95th percentile. Reply reply Base Salary: $120-$180K, depending on seniority Bonus: 150% of base at plan Stock: $30-$100K per year, depending on performance ratings / seniority Why I Left: I was poached for an executive role elsewhere and I wanted to try my hand at leadership. S. By the end of it though, it's all a numbers game. And no, does not have to be Faang at all. That's pretty much starting/entry level comp for them. For example, so many people who live in NYC making more than 200k or 300k. When covid happened, my old job fired our Director (because wanted to use his salary to bring in someone else with more experience we were told). Dec 9, 2024 · On the other hand, I'm assuming your FAANG is Amazon, and while it's definitely the worst amongst big tech, Amazon's WLB is also not the worst I've seen (even if it is, personally, I'd much rather have that on my resume and be paid FAANG salaries rather than own 3 services alone with bad salary in a startup). There are non-tech companies paying $1M+ in straight salary for top tech talent, no RSUs at all. With 20,000+ members, it's a platform buzzing with people sharing stunning photos, historical anecdotes, events, and insider tips. As long as you don’t join AWS or Alexa at Amazon your WLB is on par with other FAANG. Google offered $157k (base salary of 106k) and Amazon offered $183k (base salary of $135k). 50K subscribers in the Salary community. OP didn't even specify any details regarding the level and stuff like that. At least in Europe, I have not seen any normal company paying FAANG level salaries. If you're way off, they'll let you know. It's a bit like an ad agency with great perks and normal WLB in terms of hours. Spent 20 years in FAANG now at another large tech company. As I was mentioning before, I believe there’s more risk working at FAANG companies due to perceptional salary requirements from prospective employers. Base comp is around $200K, annual bonus around 15%-20% (so $30K-40K), and equity refreshers around $150K-$200K. Edit: looks like the comment only referred to base salary not total comp. The quantity of equity never seems to compensate for the risk. fyi is fairly accurate, use it. You already have FAANG prestige, unless you come from a rich family, chase happiness and wealth. e. Have put my estimates as well, but these may be way out as don't have much experience or data sources. You’re not skewed, it was an extremely low salary. Even though now I am making less then FAANG- I am making way more then I used to Some FAANG, some non-FAANG, the ones in CA/NY offices tend to get slightly higher ranges due to cost of living but it hardly covers the difference. Explore our tools to help you get paid more! However, there’s a few gaming or gaming adjacent companies that can match the normal FAANG salary or get pretty close. Not at FAANG but at a medium sized tech startup in the SF Bay Area — Senior financial analyst w/ 3 YOE, 140K base and roughly 30K of stock options (3rd job, just started recently). 5 (maybe even x1. 2M equity per year approx Not actually in Canada yet but will be moving and have my relocation salary offer. 36 votes, 17 comments. Firstly, excluding bonuses (and specifically stock) biases the comparison against FAANG, since according to Glassdoor your Amazon SDE on 58k will get 16k in stock whereas I doubt the average SWE in Manchester will get anything. 75), London I've heard is roughly the same average-wise as Munich/Berlin, but a bit more random than Germany, i. I am seriously considering quiet quitting my job and dedicating 100% of my energy to Leetcoding / studying system design to get in. UK's FinTech sector is world class, so if it's a FinTech with a good founding team and investors just go. After following many discussions on software engineering salaries in both the U. We all know that established companies used to be growing startups. the growth paths in tech aren't as fast as IB/consulting. but there are operations & program management roles in every org, and every role in faang pays well It's actually great that you put actual salary numbers instead of just 2x 3x. In those companies SDE-3 is terminal. Trust me, at FAANG level, nothing will spook them enough to pull the offer. 40k and less is bad. People now just use it as a shorthand way to describe top tech companies. The question itself is a joke, what do you expect? There are senior engineers in witch who make 3-4x more salary than faang. Cost of living is certainly higher than the U. Sep 15, 2019 · The salary band for FAANG is very large (entry level vs average vs top percentage). Had a look at levels. Top 10 stats program. New grad - 1 YOE - £40k avg - can get £70k at places like Bloomberg, FAANG etc 3 YOE - £60-70k - if at Bloomberg FAANG etc maybe £90-100k 320 votes, 208 comments. 45-55k is still good. Founded in 2013, Cloud9 has grown to become one of the most recognizable esports organizations in the world. Yet, some people claim they receive U. I'm currently in the SecOps side of things but I do quite a bit of Auditing work as well (pretty much because we're… CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Zurich is x1. I maintain a good relationship with Google and have been offered a spot back if/when I'd like to Posted by u/wtf_is_going_on_now - 5 votes and 25 comments As a new grad in Munich, >70k is faang/tier2-level. This is key. I'm in a non-NY office on the east coast. Yes, you get a pay bump from L4 (junior) to L5 or L6, but then your pay from then on is flat forever. I have 1 YOE and live in a LCOL ~ MCOL area. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. So interested in people's view on what sort of salary to expect with following YOE. Companies don’t have the capital to pay you faang type salaries cuz they have to work within budgets. Hi all, I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. Startin salary is around 70k and an experienced dev caps out at 110-120k with 5-7 years of experience. Was in the interview process for that last year before the whole tech bubble blew up and hiring freezed. I haven't seen anything less than $1M since some time last year, and this includes companies that aren't even FAANG adjacent. Though FAANG in the UK does provide relatively high TC. Oct 29, 2024 · Epic has really good pay for being in a lower cost of living area but if your main goal is to retire early you’d probably have the best luck taking the FAANG if the salary is higher than Epic when you account for taxes and cost of living and job hopping every 2 or so years. r/limerickcity is a vibrant online community dedicated to celebrating the captivating city of Limerick in Ireland. Have any software engineers here made the move from a FAANG to a quant/systematic trading firm? These are some of the only… 138 votes, 93 comments. It is a seller's market. average, but were I to relocate to CA, I'd need over $100k added to my annual comp just to break even In London trading firms absolutely destroy FAANG. Options are for growing startups. What would be a "better" offer - 60k in London vs 100k in Zurich? In other threads we had people at £100k at FB for L4 (mid-level), and ~168k for L5 (senior eng) at undisclosed FAANG. But FAANG wasn’t coined based on pay. School: UNC-CH, 1st year PhD. Big names like theirs look good on a resume but aren't actually places you'd want to work at. Double-ing your salary (from 65k to 130k) doesn't have anything to do with FAANG. Base salary between $135k-$140k with 10-15% annual bonus and $10k per year stock options each fully vested after three years. fyi, and oh boy - FAANG folks in similar roles seem to be easily making another ~£150k in liquid RSUs on top of their salaries. G is in person and Amazon is remote btw. How hard is it to expect a 200k salary in USD as a senior data engineer role in States? The salary is kind of capped at 150k for a senior data engineer role where I live here and when I read this kind of article, it makes me wonder if this is a rare case or quite normal for data engineers with good experience to expect 200k+ for a perm employee. Basically the high end companies don't like paying the salary in cash. Maybe a bit more at some companies, a bit less at others. Doubled my salary a few months later. Seems like most engineers are L5 (Senior), and at FAANG that's going to be at least $400K TC on the low end. Probs the equivalent of making like $120k in the Bay Area. I'm in a similar role at a near-FAANG and my pay is similar in a high COL place (but I'm remote and haven't been to the office). Roughly speaking FAANG gives your 50% more than your next best offer, so I dont think you can easily out negotiate their offer. Filter by New Offers. Was previously at 115 after 2 YOE (second job), 85 (+5 bonus) with 1 YOE (first job) started out at 72 (first job). However, after reading posts from r/cscareerquestions it seems there are many companies in the US that can match FAANG level pay, at least in tech hubs. Riot is one of these (on the lower end of salaries relatively, but still better than most); others include Unity, Roblox, Epic, Microsoft owned studios, Netflix, and probably more that I forgot. Sure, senior FAANG folks make So I tried to do some research, and found on Glassdoor a surprisingly low salary range for this specific company (something like 80k/year for the junior level). So 80k for an engineer position sounds very low to me. Staff (12+ YOE) often 600k+. I don't work at a FAANG, but I'm at a similar sized biotech. . 7th year, switched to FAANG: $215k 8th year, FAANG: $260k 9th year, FAANG: $330k, matched a competing offer and was promoted 10th year, FAANG: $380k 11th year, FAANG: $630k, promoted Basically took a huge paycut to move to tech, but now make as much as I would have in IB but working half the hours Get your data from levels. My recruiters for Amazon have suggested that I ask for for 230-250k TC which frankly is insane by pre-pandemic standards, I currently earn less than half of this figure and feel almost guilty asking for this much. In your case, you’re only making 160k, but prospective employers will think you made more. 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