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by lsc
2604 days ago
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>Sillicon valley is more then google and apple It is... but the top tier companies pay dramatically more than the next tier down. Like, we're talking 30-50% difference once you count total comp. (it's interesting, base salary is somewhat comparable... but stock and bonus are a big part of comp if you work at a FAANG company, and those... largely don't exist at third-tier companies.) The top-tier employers also do a lot to bring up salary pressure on the lower tiers; if the FAANG companies didn't pay so much, the most desirable people wouldn't leave the lower paying companies, wouldn't make room for someone less desirable, etc... That's how I got my start; I didn't go to college, but I did work my way up through those smaller companies, into larger companies that paid better and better. |
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Though, salary for software engineers has been ticking up lately. I suppose I can thank the demand for engineers created by these tech companies for that.