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by HenryKissinger
2361 days ago
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Here in Canada entry level SWEs are getting paid 60k-70k CAD (45k-55k USD). It's worse in Europe. These numbers are absolutely mind boggling. Even with a higher cost of living and California income taxes, you still have at least 100k of free money to invest.
It's no wonder so many people apply for jobs at FAANGs. A job at a FAANG is practically a ticket to early retirement. |
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The manager from a FAANG company that called me up the other day said the engineer position they're hiring for in Vancouver (senior-ish, but nothing exceptional) has a compensation package ranging from $200-270k.
It's not just the location. I think these companies are just really good at extracting value out of engineers and scaling to make good use of engineers, so it's worth it for them to pay well above market to acquire as many people as they can.
And to the rest of your message -- yes. I love the company I'm at right now and am being compensated fairly well for the market, but with a wife and a new baby on the way there's no way I can not follow up on a job with that kind of pay. For us that's the difference between never affording to enter the Vancouver real estate market and being able to buy a house for cash before we're 40.