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by vonmoltke 2779 days ago
> I'm kind of surprised they listed a $140k starting pay. That's pretty low for new grads in the industry and very low for Facebook.

You are living in a Valley bubble if you think $140k is "pretty low" for a new grad in general, and that's as total comp (not just salary).
3 comments
saagarjha 2779 days ago
Facebook mostly hires inside the “Valley bubble”-so it’s pretty important to discuss salaries taking that into account.
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vonmoltke 2778 days ago
I know. That's why I was addressing the broader assertion.
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mattlondon 2779 days ago
This "Valley bubble" probably goes a long way to explain a lot of these attitudes too.

Would the average joe/jane, given the offer of a "low" 140K salary at a FAANG, turn it down on ethical grounds?

I doubt it. The median US household income appears to be about 60K (1), so at 140K you'd be single-handedly over double the median houshold income before taking into consideration any partner's income. Thats a big deal.

This almost flippant attitude to employment and high salaries in silicon valley is somewhat worrying. I feel like people are growing increasingly disconnected from reality of life that the average person on the street has to deal with.

1 - https://en.wikipedia.org/wiki/Household_income_in_the_United...

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akhilcacharya 2778 days ago
>Would the average joe/jane, given the offer of a "low" 140K salary at a FAANG, turn it down on ethical grounds?

I mean, I'm pretty average but I did that for a tiny bit more money considering equity at a startup. I think it's not an unreasonable assumption to make if your competing offers are similar, which a lot of people in this position do. I don't think there are many people who only get Facebook offers.

The calculus is different for interns though, on account of the massive signing bonus.

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techelitism 2778 days ago
I don’t live in the Valley, I just have a lot of accomplished friends/acquaintances
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vonmoltke 2778 days ago
Where outside the Valley (and maybe NYC) where new grads are routinely getting total comp packages significantly greater than $140k? All the names you dropped in your other post are top companies that the typical new grad has very little chance of getting in to.
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akhilcacharya 2778 days ago
Not OP, but I live in Boston and make a little north of that. Not Google/FB/etc. TBH, I'm as close to a "typical new grad" as you can get IMO.
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