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by fooker 788 days ago
Not just Seattle, I am seeing tech salaries in Denver, SLC, Austin, etc starting from 120-30k nowadays (and growing VERY fast if you stick around for a few years because the smaller cities have trouble keeping experienced engineers from taking a 700k offer from some FAANG company.)
1 comments

Who's getting the 700K FAANG offers? I say this as someone who just took an offer with ~390K TC for an Amazon SDE III or Meta E5 equivalent at FAANG. 10 YoE. Aside from equity value increasing, I don't think 700K without factoring in rising stock prices is common, outside of niche in demand roles.
700k is deep into staff+ territory. One needs to complete something unusually noteworthy to cross that line, years of experience alone is not sufficient.
Meta E5 (~4 yoe) is 520k, and E6 is 760k (~7-8 yoe) according to levels.fyi

Seems close to what I have seen offered there.

> Meta E5 (~4 yoe) is 520k, and E6 is 760k (~7-8 yoe) according to levels.fyi

It depends.

https://www.levels.fyi/companies/facebook/salaries/software-...

Taking a close look at the data provided in this page, beyond merely considering seniority level and years of experience, reveals a noteworthy trend at Facebook. Many individuals are being hired at level E5 (Senior) with 6-8 years of "relevant" experience, and some even with 10 or more.

Some candidates with fewer years of experience, such as the 4 years you mentioned in your comment, are joining Facebook with PhD or Master degrees, which significantly bolsters their overall qualifications.

We’re not talking about just any programmer with 4 years of experience in web design straight out of a Bootcamp. These individuals are typically Ivy League graduate students with PhDs or Masters, and approximately 4 years of experience at Tier-1, or at the very least, Tier-2 companies (Fortune 500’s).

To illustrate, consider a recent data point submitted to Level/FYI on March 26th, 2024. This individual has been working at Facebook for 4 years and has accumulated a total of 10 years of work experience. Currently specializing in ML/AI, their total compensation amounts to $410,000 (comprising $230,000 in cash per year, along with $180,000 in RSUs per year).

Point taken, you cherry-picked a particular low number from the chart though, you could easily do it the other way and find a E5 making 600k at Meta.

Apple pays a bit below the silicon valley average, I am not quite I understand sure why---they sure have the money. I had a conversation with an Apple recruiter a couple of years ago who assured me this was not the case, and then eventually their offer was ~25% below my contemporary TC.

Also Canada tech salaries are quite a bit below US west coast levels.

I think Jobs once said that they're not willing to pay top market rates because they don't want to attract people strongly and primarily motivated by money.
That's an interesting philosophy that seems to have worked out for them, except maybe in the last few years where they have struggled to get AI talent.