[Manuel_D]

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.

[titanomachy]

700k is deep into staff+ territory. One needs to complete something unusually noteworthy to cross that line, years of experience alone is not sufficient.

[fooker]

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.

[guessmyname]

> 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).

[fooker]

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.

[badpun]

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.

[fooker]

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.