FAANG Engineer Compensation
Discussions center on high total compensation packages for software engineers at FAANG companies like Google and Facebook, including base salary, RSUs, bonuses, and references to levels.fyi confirming $170k-$400k+ TC for junior to senior levels.
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This is very common in SV. Many junior/mid-level engineers at FAANG companies beat this figure (when accounting base + stock + bonus).
Those numbers are probably TC (total compensation) which includes stocks and sometimes bonuses. If you go on Blind you can see people are receiving offers in that ballpark from Facebook and Google, who seem to be in a bidding war of sorts for talent.
Yes, it is. $170-200k in comp per year is the baseline at a company like FB or Google. It’s typically broken down into something like 105-115k base, 40-50k liquid stock vesting per year, 10-15% yearly bonus, and some kind of one time signing bonus given as a lump sum on the start date.That’s for someone fresh out of a top school who hasn’t even negotiated at all. There are many new grads in the bay area that recieve this kind of comp.
Yes, that's what we make right now on average.If you work in tech for a few years that's kind of average. We are having a new PhD grad join next month with a 400k TC offer.If you have trouble believing me, check out levels.fyi for (Facebook:E5, Google:L5-6, Nvidia:IC5, Apple ICT5).
I'm in management at a FAANG company.Total comp for my college hires averages around $150k.Total comp for my career level ICs averages a smidge over $200k.My top 10% have total comp in the $350k neighborhood.The very few folks who are at the staff/principal range (depending on which companies titles you're using) are taking home $500-800k (mostly in stock). If we consider attrition, it's probably only 1 in 150 of the engineers we hire who ever hit this tier or ab
It's a great deal. It's not meant to replicate a startup equity lottery ticket, it's closer to a financial services bonus or RSUs at Big Tech. ~$300k/year total comp and low risk compared to unicorn equity lottery is a no brainer, although if you can hustle and have the talent, you might do slightly better at FAANG.
200k+ is common at L5+ at my company and it’s not Google or Facebook fwiw.
At companies like Google or Facebook, you expect to get 10-15% salary raise every year for the first few years, and around 10-15% annual bonus. Assuming that after 4 years, your equity doubles, the $300k figure seems to be pretty accurate for the fifth-sixth year of working there.
Good FAANG compensation data here: https://www.levels.fyi/
Check out levels.fyi or blind or the many people here making that much. I didn’t mean to imply that all the engineers at those companies are making $500k although with 10-20 yoe you would probably be making about that much. Also similarly to engineers, definitely not all lawyers or doctors are earning in that range either.I’m not invested enough in proving the point to find better data (h1bdata is a good start, but IIRC it only includes salary) but as someone who works at one of those compani