| The data points on pay gap by gender and ethnicity are ones I’ve not seen before and it’s great that this dimension is visualised. A surprising finding here - that doesn’t match what I would have expected - is how Engineering is compensated 90% in cash. I would have assumed equity is pretty heavy for software engineers, especially in senior and above positions. I do wish there were more takeaways to what seems to be data confirming these: 1. Compensation is going up, and especially software engineering compensation. 2. Startups are starting to compete stronger on cash compensation (thanks to a strong funding environment, and the market). 3. Remote work is slowly eroding regional differences in the US (and, as a note, globally, as well). Sadly, there’s no data on remote work here, nor is there anything on what % the market moved up the last year in various disciplines. At least for engineering, the past year has been a major jump upwards in compensation. |
FAANG and similar jobs are equity heavy, but standard engineering employment is often more cash-heavy.
Working outside of FAANG, my base comp was significantly higher than FAANG base comp, but of course the total comp at FAANG would edge out my total non-FAANG comp.