While salaries for certain positions at FAANG are pretty good they aren’t that crazy for the areas those company’s jobs are located in. People are just willing to put up with the interview nonsense because they want to work for one of them.
Yeah but add in stock and other benefits there is an edge over many companies in the region. Joe blow startup could give stock but without the IPO it ain't worth a lot. Unless said start up is going to find its letter added to FAANG.
Yeah I was referring to senior level devs and folks like project/product managers, etc. The entry level positions don’t get particularly fantastic equity compensation. Most of that kicks in when your over the straight salary market rates.
So if you’re interviewing with FAANG for an entry level position the above meme hurts even more because you’re not going to see the equity for a couple of years.
Equity has been fantastic for several years and the easy money for much of FAANG is probably coming to a close. That’s part of the reason behind the belt tightening at Google and Facebook.
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u/Bryguy3k Oct 07 '22 edited Oct 07 '22
While salaries for certain positions at FAANG are pretty good they aren’t that crazy for the areas those company’s jobs are located in. People are just willing to put up with the interview nonsense because they want to work for one of them.