Faang salary progression reddit. We would like to show you a description here but the site won’t allow us. As you go higher, stock is a larger part of your compensation. 5%, 28%, 6%, where the big jumps were due to getting promoted. For the best engineers, salary progression can potentially look something like 100-200k (0-3 YOE), 200-300k (2-5 YOE), 300-500k (4-10 YOE), 500k-1m (10 YOE+). That said. 203 votes, 255 comments. I felt I should put this up to show that you don't need a solid career path at a FAANG or Big4 to make fatFIRE happen. 60K -> 71K -> 78K -> 95K YOE: 3 I want to stay as an IC for as long as possible, and eng. Just wanted input if a career switch to patent law would be worth it for me. Ex. he has a friend who was just as smart and worked just as hard, who started at the same time but was placed on a team with less career advancement. Now before I go further I want to call out that I am making a number of assumptions 2. Regardless if you are engineer or management, making that much money is usually some sort of capped salary and given a lot of bonus and stock. Oct 11, 2021 · Starting Level: E3. 5 years Total experience, 3. IB is a ‘prestigious’ finance job but there’s a ton of other finance jobs. This subreddit is meant to help encourage discussions related to salaries, promotions, negotiations… Posted by u/PsychologicalAsk2184 - 48 votes and 70 comments Secondly, If you were to compare an in-house admin and a consultant (working for a consulting company, not freelance), is there a big difference in salary salary ranges and work-life balance after 3-5 years or so? I see plenty of high paying roles advertised in both categories but I don’t know if those are outliers. I Have thought about jumping ship but I have been comfortable with my progression internally so far, and get excited about the companies products and mission. Faang and similar tech hold not so insignificant number of dev jobs Median salary wouldn’t be 120k if there were actually 4. Don't worry too much about the immediate graduate salary, think more about the potential progression. Dublin, Software Engineer Size: Multinational, Public 300-400k in total comp for FAANG/Bay Area startups/etc, seems totally doable. For the salaries from the US you can probably add roughly 20k for the sub/near 100k salaries as total employer costs (contributions to retirement/insurance/etc. Does anyone have thoughts on going into a Supply Chain role post MBA vs PM or BizOps? Salary progression, career progression, etc. While quant traders are well compensated, they don't enjoy title bumps and career progression that people at FAANG have. So, my salary was also low due to laziness / comfort zone / just starting out. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. Edit: I used to work in FAANG. If you change from mom&pop shop to FAANG your increase will be 200% but if you move from FAANG to FAANG your increase might be like 10. My latest role was leveraged using an outside offer. I work for a FAANG, and in our rotational program, entry salaries + bonus was abt 115k. Seems to be quite obvious up to about 5 YOE, but after that doesn't seem to be much on this sub on how pay progresses from there in terms of 10 YOE, 15 YOE etc. For example if someone claimed an 80k salary the employer is likely spending roughly 100k for that employee. 2020 - £42k (other offers for £35k and £45k, but the latter was withdrawn once the lockdown started) 2021 - £58k 2022 - £80k Get the Reddit app Scan this QR code to download the app now Career Progression I just got promoted from FA to FA2 at a FAANG, salary approx. However, I feel like I’m starting to hit a limit in analytics. Software engineer is very broad as anyone can call themselves SWE. But not everyone get as 5% of joining bonus as TC just like i said faang companies like amazon google give 60 L bonus no way its gonna be 5% of TC because 60 L joining bonus means if you have more than 10 crore of TC lol even ceo's in india won't earn that much r/cscareerquestions and even r/cscareerquestionsEU really talk up the career and only see to mention the people who make insane incomes ($2 million+), and by spending time on there one would think that as a quant you'll be making that kind of a salary practically as a guarantee. Salary Progression at HCOL (NYC): A1 Jan 20’ (Audit) - 61k A2 Jul 20’ (Audit) - 61k A3 Jul 21’ (Audit) - 74. 34 votes, 26 comments. 35K subscribers in the Salary community. I see myself getting promoted to a team manager/ senior software engineer in the next 8 years, and looking at the salaries on the net it seems like that a $350k+ salary would be pretty achievable. TC at a base salary of somewhere in the 200s is approx 4-500k … depending how RSUs do in the market (this year is going to suck) Source: i work in big tech you can have wildly different experiences at all these companies. PM makes similar base salary but a boat load (think 80k vs 20k) more annually in stock. At least in my circles, those are all engineering/problem solving roles, requiring varying degree of coding skills, strong problem solving skills, as well as the people/sof Adding a few other data sources for UX salaries: User Interviews UXR Salaries (2020) - scroll down for a chart by years of experience UXPA UX Salary Survey (2022) - mostly researchers and designers, see slide 17 for data by years of experience. Long hours making peanuts AND new to WFH. Jan 16, 2024 · On average, a data engineer in FAANG might expect a base salary ranging from $130,000 to $200,000 annually, depending on the company and location. It’s still miles above the salaries that local companies will pay in low cost of living areas. What do top London in-house positions look like in terms on compensation (FCMG, O&G, FAANG) and what is career progression like? Yep. I’ll be honest, I’m a realist and I would say I’m a mediocre developer at best. In general, I'm seeing salaries that are pretty even across the board for engineering roles, specifically devs, devops, and test. the growth paths in tech aren't as fast as IB/consulting. you're wildly overestimating the salaries of FAANG (which is an awful grouping btw). MSP Helpdesk - $40k salary - No new certifications - 1 year PC Technician - $60k salary - MCSA, MCSE, OSCP - 1. 5 years VMWare Sysadmin - $90k salary - VCP-DCV, RHCSA - 0. Background: Graduated BSEE in ‘21 In tech industry for almost 2 years, doing customer facing engineering roles. 5 years in IT. Switched careers to Product Management, didn't get much of a hike. Trust me, at FAANG level, nothing will spook them enough to pull the offer. Also please post total compensation (Salary + bonus + vestable stocks etc). I'd love if technical writers working in the SF Bay Area or for FAANG in other states can chime in on your years of experience, salary, and job title. I have heard that people end up retiring in 30s or work as a quant trader until the end of their careers. Base Salary: $125,000. I just recently started as a TW and currently… If you keen to see how to benchmark salaries, here’s the ultimate guide to salary benchmarking in 2022 Reply reply Top 2% Rank by size I graduated in 2020 and saw quick salary increases afterwards. Looking to move to Linux Sysadmin and eventually DevOps (maybe). What happens to the more ambitious people? Company 1. g. Also at the end of the day it’s just a different job. 5%, 4. Starting Equity Grant: $180,000 (vesting quarterly over 4 years) Bonus Level: 10% (additional multiples based on performance) Job Location: San Francisco/Menlo Park, California. Mine is 2020 - $20/Hr 2021 - 71. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. I live a great life at around 200k salary, saving the rest. the RSUs do not cliff and vest at a pretty fixed rate (at least quarterly at most FAANG IIUC) - so for all intents and purposes they are salary paid out every three months. But given how low my starting salary was as a fresh grad I'm still lagging behind my FAANG friends in terms of saving money (which means that they will sooner be able to buy a house, have a family etc. SWE at FAANG is prestigious but there’s tons of other SWE jobs. 5 years Sysadmin - $75k salary - No new certifications - 0. HCOL, MCOL, LCOL - further examples below) I don't think your salary comparisons are accurate, for three reasons. Format: Firm Type: (e. Sep 15, 2019 · The salary band for FAANG is very large (entry level vs average vs top percentage). Saw a post similar to this in r/cscareerquestions about SWE salary progression, so I thought it would be interesting to see… Any Canadians willing to share their salary progression throughout their careers? Detailed and up to date salary data for Canada is hard to find and it benefits employees when they share this information. Salary: $200,000 Relocation/Signing Bonus: n/a Stock and/or recurring bonuses: $150k-$200k, depending on market conditions Total comp: $350k-$400k Approximate TC progression: 2019: ~$140k, including sign-on/relocation bonus 2020: ~$200k (including 4 months of forced salary+hours reduction) 2021: ~$300k 2022: ~$330k The salaries being mentioned are quite high, in the range of 150K to 250K, plus the first year bonus guarantee of 1x salary. There is still room to move up, but it seems like it’s mostly management positions. 5K Salary 2022 - 86K Salary Skills: SQL, Power BI, Tableau, Excel, Data Modeling. This is by no means easy to achieve and is not representative of an average Pp salaries are a known quantity for the most part, particularly with the nq salary war. EX: Going in at SFA, $180k TC, how long… Post up your SSA salary progression Members Online Took out $150k for a top MBA (2014-2016) to reset my career after graduating undergrad during financial crisis (2009). FYI - these look like base salaries for senior level engineers. Also has historic data, which is nice! 34 votes, 50 comments. Which is equivalent to $70k in the Midwest. First job (DoD) Year 1: 65k Year 2: 72k Year 3: 81k Year 4: 88k Job switch (FAANG) Year 5: 176k base + 30k stock / year If you look at salaries across the united states, thats automatically in the top 10% of earners. I've just gotten about 110k base pay a year, but I won't be seeing more salary progression if I continue in a technical role. On track to 110k t Partially out of my own laziness / comfort zone, partially through 2 pretty bad recessions. First few internships, 1999-2001: 10$/hr Later internships, 2001-2002: $15/hr New hire designer right out of school, 02: $40k/yr Years 2-9 at same consultancy, steady increases to 90kyr (average of ~8%/year raise) , At year 9 boss tells me that I’m maxed out salary (nice way of saying this job is yours as long as you want it, but gently letting me know it’s time to go) It's a bit like an ad agency with great perks and normal WLB in terms of hours. Salary progression has been quite good for me, I've gone from 65K right out of school (2017) to 165K now. gave me that opportunity while giving me more vertical for salary growth outside of FAANG Lastly, I know DE isn't exactly in analytics, but going from a Data Analyst to a Analytics Engineer/Data Engineer/Data Scientist is a common enough path of progression. FAANG, Top Tech, MBB, Big 4 or if Other please mention name) Location: (e. Salary progression in medical device engineering. To your question, a 50k drop would blow as it means retiring later, but my quality of life would be unchanged. To me, earning more won't have a huge impact on my life so why bother going for a FAANG or a related tech company, I would definitely be spending more time working when I could just be out having fun. Supply chain is part of biz ops at my company. Firstly, excluding bonuses (and specifically stock) biases the comparison against FAANG, since according to Glassdoor your Amazon SDE on 58k will get 16k in stock whereas I doubt the average SWE in Manchester will get anything. I'm an admin/project coordinator and my total comp is ~$150k. Curious what FAANG career and salary progression looks like for non PM or SDE roles. For example, so many people who live in NYC making more than 200k or 300k. Curious as to what the salary progression has been so far for TWs in this sub. With that being said, we definitely still make a good living. 6 million, and a significant portion of that is QA and testers. Search 300k+ salaries for different companies, job titles, career levels, and locations. I can’t predict the future. USD vs CAD is like comparing apple to oranges. In a low CoL area you might make 10% less than those listed figures but that’s still huge especially when you don’t have crushing housing costs. Dublin, Site Reliability Engineer Intern Size: FAANG Duration: 6 months Salary: 32k Company 2. My role immediately following that was probably 45-50 hours/week, but in the last two years I've taken on chunkier roles that have me working more like 55-65/week. That's pretty much starting/entry level comp for them. Title. 8k S1 Jan 22’ (Audit) - 90. Exit salaries are about 115-120k + 20k bonus (after 18 months of rotating) Reply reply Hi all, I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. My recruiters for Amazon have suggested that I ask for for 230-250k TC which frankly is insane by pre-pandemic standards, I currently earn less than half of this figure and feel almost guilty asking for this much. What does progression for a QR looks like?. -2018: Joined FAANG ($180k) -2021: Promoted at FAANG ($260k) and still here Working technical stacks common in the tech industry has helped a lot, which is how I got into FAANG. I'm a new technical writer in the SF Bay Area, and I'm not sure what the ceiling is for what I can earn here. The company I worked for and product I sold was in the Business Intelligence space, so I wanted to learn everything about it. My Y/Y increases at the same FAANG in London since I was a new grad were 2%, 48. I probably averaged 50-55 hours/week on FLDP (some roles heavier, some lighter). As there's great disparity among salaries within North American Market, let's share Canadian salaries here. I'm only 6 years into my career as a medical device engineer at a large company in the mid West, United States. I reckon people make about $150k in NY. 6k S2 Jul 22’ (FDD Transfer) - 135k 2020 was ROUGH. I feel like a lot of these groups seem to constantly talk about FAANG level salaries and glorify all those amazing stock options. 4 million devs Salaries: to be fair, I think my salary progression so far has been better than what I would have at FAANG. There isn't much salary transparency for technical writers, especially compared to SWEs. Some salary Transparency for those who care. The salary figures represent starting salary for each position. The median salary at Fb is $240k, they definitely don't pay $200k out of undergrad. ). but there are operations & program management roles in every org, and every role in faang pays well Just like how new grad salaries have an insane variance, salary progression also has an insane variance. May 15, 2023 · How much does FAANG pay in 2024? As of 2024, the average US FAANG total compensation is €310,000, which is roughly €149 per hour. The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. Explore our tools to help you get paid more! Interested in what sort of salary progression should expect by years of experience (what is sort of average salary progression). In upstate NY. The rate of progression in IB is probably higher than anywhere else (except for maybe start ups but that’s a lot more risk of failure). I don't work at a FAANG, but I'm at a similar sized biotech. When you add in bonuses and stock options, total compensation can easily exceed $300,000 annually for senior roles. Happy to share my comp progression: (0 YOE) Financial Analyst on the Corp FP&A team at well known F100 tech company (not FAANG) $72k base, no sign on, no relocation as I was already in the area, relatively high cost of living city (not SF), 10-12% annual bonus, no RSU Currently I have a 2 year work experience and have been working pretty awesome at my current CS job. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. BLS only recognize total SWE jobs at 1. In Germany, the average total compensation for software developers working at FAANG companies is €164,000, around €79 per hour. my brother has worked for google for about 7 years, started out around $150k (very high salary for a SWE back in 2015) and now makes $550k. Is probably ~50% of the eng total comp for biz ops. It didn't go anywhere salary wise, in 5 years and I ended at like $130K. Fully Remote Here’s my career progression, to show you how I made it from $40k to $287k in 7 years: Salary: $40k Title: Account Executive Out of college, first job in software sales. While this sounds good in paper, I'm having some trouble understanding progression in this places. Happy I stuck it through. I learned to live on 28,000 a year and when my startup failed me I just kept living at half my income. At a FAANG currently with TC around 450k. If you're way off, they'll let you know. FAANG salaries are still FAANG salaries even if you’re in North Carolina. you know the drill. I've noticed Reddit Especially OVER estimates their salaries. $70k and $45k the progression is slow and I think that's been linear over the past 7 years starting with ~120k + 20k cash. you're still only expected to put in 8 hour days because unlike agencies, faang has the money to hire the right amount of people. he worked there for 5 years and never got Love this question, and appreciate folks sharing so transparently! I started in digital marketing in 2003; my salary progression: ~2003-2007: SEO specialist - $16-18K/year (startup, so some months we couldn't afford to pay me) 2007-2012: CEO - $120K (out marketing startup got funded by a local VC, and I became the CEO) I can tell you all that in London, salary progression for an accountant, give or take a 1k or 2, is: 1st yr: £28500 2nd yr: £30,500 3rd yr: £34,500 4th yr (newly qualified): £46000-£48000 6th yr (manager): £55000-£60000 As you can see, after 3 years of experience you are automatically and guaranteed to hit £46k-£48k in London. qelvivefndmgylouhysqtrizsbzottawilbcwmhdfixothmmqp
