Faang salary reddit You’re not skewed, it was an extremely low salary. Most people don't ever make it to L6. I'm in a non-NY office on the east coast. My first grant was about 936 shares that vests over 4 years. 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. Assuming it is for a senior role the aim is to hit $160-$180K for CBD areas in most med-sized tech companies. With 20,000+ members, it's a platform buzzing with people sharing stunning photos, historical anecdotes, events, and insider tips. ). I was underpaid pre-covid. Usually under 300k. 75), London I've heard is roughly the same average-wise as Munich/Berlin, but a bit more random than Germany, i. but there are operations & program management roles in every org, and every role in faang pays well 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. “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. I don't think it's productive to compare regular tech salaries to faang. So I would go with HFT. the growth paths in tech aren't as fast as IB/consulting. So it’s common knowledge that “the dream” is FAANG. 36 votes, 17 comments. Yeah Amazon for example had a Security Engineer position for new grads paying like 130k before stocks/bonuses, similar to software engineers. The median salary at Fb is $240k, they definitely don't pay $200k out of undergrad. I'm an admin/project coordinator and my total comp is ~$150k. 175 votes, 51 comments. Obviously if you get into a FAANG it'd be basically double that. To your question, a 50k drop would blow as it means retiring later, but my quality of life would be unchanged. My salary itself isn't super high, so those RSUs help. What would be a "better" offer - 60k in London vs 100k in Zurich? Get your data from levels. I live a great life at around 200k salary, saving the rest. 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. Here are the details of the offers: Epic: 140k TC (115 salary, 10k stock, 15k relocation) Skills/stacks are likely more relevant and transferrable compared to other company, exit opps seem great too I have an interest in healthcare (used to be premed) I have almost exactly the same background, and I’m at big tech (Faang). Hi all, I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. So 80k for an engineer position sounds very low to me. Base salary between $135k-$140k with 10-15% annual bonus and $10k per year stock options each fully vested after three years. Maybe a bit more at some companies, a bit less at others. This is key. Big names like theirs look good on a resume but aren't actually places you'd want to work at. $70k and $45k stock, should be getting more in Q1. 366 votes, 136 comments. 5 (maybe even x1. You’re absolutely right about the salary range for FAANG - most entry level devs make 160-200k TC. e. Search 300k+ salaries for different companies, job titles, career levels, and locations. $25k sign on bonus but that was for my FA1 position so you will probably get more Had a look at levels. At a FAANG currently with TC around 450k. Most comp is in stock. Total compensation is in the $160-$170 range. Have put my estimates as well, but these may be way out as don't have much experience or data sources. Depends on the level. 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. You could probably get more in the current market conditions depending on which sector you're going into. Try to ask for the best reasonable offer you see there. Yes, you get a pay bump from L4 (junior) to L5 or L6, but then your pay from then on is flat forever. It’s a good stepping stone to get started, but you won’t be living lavish. 60k is very good. My salary is a gift and I am beyond grateful, but it makes me wonder even more how the average family with children are getting by. Get updates on salary trends, career tips, and more. As you go higher, stock is a larger part of your compensation. Get the Reddit app Scan this QR code to download the app now. Most Facebook/Google. 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. But exactly how high are salaries at these companies? How much do tech salaries vary across levels and companies? How do they compare against the US national average? Why do FAANG companies pay so much? Jan 6, 2025 · Have experience in finance and accounting at a FAANG. That's new offers as of the last week, priced to current market. Also in Texas and salary drops about 20% compared to Bay area fyi. Or check it out in the app stores I'm not at a FAANG and our new-grad engineer salary is ~$165k Sep 15, 2019 · I work at FAANG, and with my base salary, yearly bonus and RSUs I get into the low 300s. It takes a ridiculous amount of work and interview… How do folks rationalize going from Big Tech to a startup? As far as I can tell, it’s about a 50% pay cut. 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. I am seriously considering quiet quitting my job and dedicating 100% of my energy to Leetcoding / studying system design to get in. It is a good salary for your experience. r/limerickcity is a vibrant online community dedicated to celebrating the captivating city of Limerick in Ireland. Startin salary is around 70k and an experienced dev caps out at 110-120k with 5-7 years of experience. We obtained these figures by averaging the total salaries for each company, details which you’ll be able to break down in this article. Top of the SDE-2 band at places at Amzn/Goog overlaps with SDE-3 in most other big cos (think Microsoft, Salesforce etc). 40k and less is bad. Total compensation has been around $550-600k the last few years due to appreciation. I’m really curious whether this is a smaller company that turned out to be a good fit for you or whether it was a riskier bet at the time of signing. It’s the same in that you get RSUs but the amount and your base salary isn’t as much as the tech guys. The Bay Area is expensive man, they need to pay that much to get people to stay Search 300k+ salaries for different companies, job titles, career levels, and locations. Also had approx. 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 In London trading firms absolutely destroy FAANG. Filter by New Offers. Startups are lower base salary with uncertain equity. 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. why are salaries in the UK so low on average? Because London is a poorer city than Zurich. It was 150-180k base for Colorado (remote). 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). Salaries are all over the place, as is all in comp. But given how low my starting salary was as a fresh grad I'm still lagging behind my FAANG friends in terms of saving money (which means that they will sooner be able to buy a house, have a family etc. . Explore our tools to help you get paid more! 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. fyi, find something on the high end based on your YoE and propose that, and try to get another FAANG or similar salary offer (Amazon is a good place to try) to get them to counteroffer. By the 4th year those shares were worth almost 2. Cost of living is certainly higher than the U. Seems like most engineers are L5 (Senior), and at FAANG that's going to be at least $400K TC on the low end. 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. Sure, senior FAANG folks make I don't think your salary comparisons are accurate, for three reasons. (also it's more like 85-90th percentile) it's really not "awful" within the market at all. I think my salary is rather paltry - $184k. And I agree with your point on inflation. Zurich is x1. Doubled my salary a few months later. Pissed, he told us we were all underpaid. People now just use it as a shorthand way to describe top tech companies. Normally you lookup salary on levels. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. 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. OP didn't even specify any details regarding the level and stuff like that. I work at one and the salary is so much higher than regular tech you just ride it until the layoffs. And no, does not have to be Faang at all. The average tech dude outside of Seattle and sf is probably making more realistic salary. 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. 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. 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 As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. May 15, 2023 · In Germany, the average total compensation for software developers working at FAANG companies is €164,000, around €79 per hour. If you're way off, they'll let you know. So interested in people's view on what sort of salary to expect with following YOE. I haven't seen anything less than $1M since some time last year, and this includes companies that aren't even FAANG adjacent. 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 In FAANG it's SDE-2 (L4 at Google and L5 at Amazon). In your case, you’re only making 160k, but prospective employers will think you made more. For a senior person, Big Tech (FAANG) has equity on the order of the base salary. Edit: same applies to Berlin. Worked in both places for several companies. Founded in 2013, Cloud9 has grown to become one of the most recognizable esports organizations in the world. Currently I have a 2 year work experience and have been working pretty awesome at my current CS job. Paid SANS training and certification renewals. average, but were I to relocate to CA, I'd need over $100k added to my annual comp just to break even Get the Reddit app Scan this QR code to download the app now. Though FAANG in the UK does provide relatively high TC. Principal or higher (very hard to get to) over $1mm/yr. 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. fyi, it has pretty comprehensive data for FAANG. Staff (12+ YOE) often 600k+. Reply reply As I was mentioning before, I believe there’s more risk working at FAANG companies due to perceptional salary requirements from prospective employers. Have any software engineers here made the move from a FAANG to a quant/systematic trading firm? These are some of the only… Lol no. 45-55k is still good. 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. But once RSUs start vesting, you're generally okay. Assuming a public company, the first year is the hardest financially because you have nothing vesting and you're likely trying to max out 401k, HSA, ESPP, etc. AND in the meantime you get that inflated salary haha My goal is to eventually work at a FAANG-level company a few years down the line. That's pretty much starting/entry level comp for them. Only people with 10-15+ YoE get something like your package (~1mil/year). 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. I've worked at another FAANG company before (SG office) at a non-engineer job, and my salary was almost this level. Companies don’t have the capital to pay you faang type salaries cuz they have to work within budgets. I just got promoted from FA to FA2 at a FAANG, salary approx. Not FAANG but pre-ipo company that recruits heavily from FANG. Probs the equivalent of making like $120k in the Bay Area. Spent 20 years in FAANG now at another large tech company. Or check it out in the app stores That's a nosebleedingly high salary. 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. I've heard Google doesn't negotiate much until you have a good competing offer. In those companies SDE-3 is terminal. Was in the interview process for that last year before the whole tech bubble blew up and hiring freezed. I don't work at a FAANG, but I'm at a similar sized biotech. 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). But FAANG wasn’t coined based on pay. S. 5x the initial grant price. Edit: I used to work in FAANG. As a new grad in Munich, >70k is faang/tier2-level. Regarding your tech note, I’m also always comparing myself to FAANG salaries. fyi, and oh boy - FAANG folks in similar roles seem to be easily making another ~£150k in liquid RSUs on top of their salaries. I went in house as a 5th year. 50K subscribers in the Salary community. Feb 16, 2025 · FAANG (Facebook, Amazon, Apple, Netflix, and Google) and Tier 1 tech companies are known for paying high salaries to software engineers. Have 12 YOE. The job that paid me $70k was in Kansas City, and that’s a lot of money out there. , your entry salary there could be 100k but it could be 30k In other threads we had people at £100k at FB for L4 (mid-level), and ~168k for L5 (senior eng) at undisclosed FAANG. 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… 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. Salary $170k, $70k bonus, $360k RSUs a year (mostly do to appreciation and some refreshers, will drop a bit after 4 year cliff next year). It is a seller's market. The question itself is a joke, what do you expect? There are senior engineers in witch who make 3-4x more salary than faang. Salary wise, it's definitely not FAANG tier. Started out making ~$300k. Senior engineers are making close to 400k total comp. Explore our tools to help you get paid more! Trust me, at FAANG level, nothing will spook them enough to pull the offer. I've had bad experiences working for 2 of these consulting firms. 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. This subreddit is meant to help encourage discussions related to salaries… It's a bit like an ad agency with great perks and normal WLB in terms of hours. Every time I mention leveling in this subreddit, either L{n}, E{n}, or junior-principle, I get questions asking for clarity… Hmm HFT carries alot more prestige and is generally regarded has being more difficult to get into than FAANG. There are non-tech companies paying $1M+ in straight salary for top tech talent, no RSUs at all. Base salaries don’t change much. 320 votes, 208 comments. Sep 15, 2019 · The salary band for FAANG is very large (entry level vs average vs top percentage). you're wildly overestimating the salaries of FAANG (which is an awful grouping btw). Google compensation is based on local market rates. Even though now I am making less then FAANG- I am making way more then I used to 138 votes, 93 comments. Entry level at FAANG in London is also around 90k. They figure out a distribution then pay something like 95th percentile. Then if you hate it, you can have an HFT job on your resume making it easy to get interviews pretty much anywhere. The faang salaries are in their own category and not normal. 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). The quantity of equity never seems to compensate for the risk. I work as software engineer at Google and can say that even in FAANG companies salaries are way lower than in USA, because of supply and demand:) FAANG companies aim to be pay top 5-10% for given region, if other companies pay badly in that region pay badly, they pay only a little better, because they can. 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. Salaries: to be fair, I think my salary progression so far has been better than what I would have at FAANG. rllb uph icnh xqdwn szsbtdfc nklgjkc toh oclvra efyizsj jofzo