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by missedthecue
1869 days ago
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It's refreshing to see someone pushing back on this narrative a little. FAANG employ a cumulative total of about 100,000 software engineers globally (can't find US-specific numbers). There are 4.4 million software engineers in the USA. I'm sure the graduate -> $200k move happens, but it's only an extremely small number in terms of the occupation as a whole. People on this forum seem to casually mention it as if it's some kind of default. |
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But, I mean, new grads at MSFT can get pretty close to 200k, even though the comp scales up poorly with career progression compared to FAANG. There are a bunch of other companies where you can hit numbers that are in that ballpark, and they also employee a non-trivial number of engineers: Snapchat, Uber, Lyft, Twitter, Square, Stripe, Doordash, Roblox, etc, etc, etc. Sure, add them all up with FAANG and you probably barely touch 200k. But, uh, 200k is roughly 5% of the software engineers in the country (_very_ broadly classified; I think a more reasonable classification would put it closer to 10%). So, sure, it's not the _default_ outcome, but "top decile" is hardly shooting for the moon.