Faang salary progression reddit. ). Switched careers to Product Management, didn't get much of a hike. If you're way off, they'll let you know. I feel like a lot of these groups seem to constantly talk about FAANG level salaries and glorify all those amazing stock options. I probably averaged 50-55 hours/week on FLDP (some roles heavier, some lighter). Search 300k+ salaries for different companies, job titles, career levels, and locations. 6k S2 Jul 22’ (FDD Transfer) - 135k 2020 was ROUGH. So, my salary was also low due to laziness / comfort zone / just starting out. Dublin, Software Engineer Size: Multinational, Public 300-400k in total comp for FAANG/Bay Area startups/etc, seems totally doable. Dublin, Site Reliability Engineer Intern Size: FAANG Duration: 6 months Salary: 32k Company 2. That said. My Y/Y increases at the same FAANG in London since I was a new grad were 2%, 48. 203 votes, 255 comments. 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. Also has historic data, which is nice! 34 votes, 50 comments. 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. 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. 4 million devs Salaries: to be fair, I think my salary progression so far has been better than what I would have at FAANG. What do top London in-house positions look like in terms on compensation (FCMG, O&G, FAANG) and what is career progression like? Yep. 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). The salary figures represent starting salary for each position. I work for a FAANG, and in our rotational program, entry salaries + bonus was abt 115k. As there's great disparity among salaries within North American Market, let's share Canadian salaries here. MSP Helpdesk - $40k salary - No new certifications - 1 year PC Technician - $60k salary - MCSA, MCSE, OSCP - 1. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. FAANG salaries are still FAANG salaries even if you’re in North Carolina. Background: Graduated BSEE in ‘21 In tech industry for almost 2 years, doing customer facing engineering roles. 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. 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). Now before I go further I want to call out that I am making a number of assumptions 2. For example, so many people who live in NYC making more than 200k or 300k. 5%, 28%, 6%, where the big jumps were due to getting promoted. I learned to live on 28,000 a year and when my startup failed me I just kept living at half my income. 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. 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. Curious as to what the salary progression has been so far for TWs in this sub. 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. 5 years VMWare Sysadmin - $90k salary - VCP-DCV, RHCSA - 0. 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. In Germany, the average total compensation for software developers working at FAANG companies is €164,000, around €79 per hour. To your question, a 50k drop would blow as it means retiring later, but my quality of life would be unchanged. SWE at FAANG is prestigious but there’s tons of other SWE jobs. I'm an admin/project coordinator and my total comp is ~$150k. 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. Sep 15, 2019 · The salary band for FAANG is very large (entry level vs average vs top percentage). 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. Trust me, at FAANG level, nothing will spook them enough to pull the offer. 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. 5%, 4. The company I worked for and product I sold was in the Business Intelligence space, so I wanted to learn everything about it. 34 votes, 26 comments. I can’t predict the future. In upstate NY. Software engineer is very broad as anyone can call themselves SWE. BLS only recognize total SWE jobs at 1. 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. 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. 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. Format: Firm Type: (e. Which is equivalent to $70k in the Midwest. While this sounds good in paper, I'm having some trouble understanding progression in this places. I've noticed Reddit Especially OVER estimates their salaries. HCOL, MCOL, LCOL - further examples below) I don't think your salary comparisons are accurate, for three reasons. 8k S1 Jan 22’ (Audit) - 90. Does anyone have thoughts on going into a Supply Chain role post MBA vs PM or BizOps? Salary progression, career progression, etc. 5K Salary 2022 - 86K Salary Skills: SQL, Power BI, Tableau, Excel, Data Modeling. 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. Long hours making peanuts AND new to WFH. 5 years Sysadmin - $75k salary - No new certifications - 0. 5 years Total experience, 3. Edit: I used to work in FAANG. you know the drill. 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. Supply chain is part of biz ops at my company. 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. 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. 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. 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. However, I feel like I’m starting to hit a limit in analytics. 6 million, and a significant portion of that is QA and testers. Just wanted input if a career switch to patent law would be worth it for me. Title. Looking to move to Linux Sysadmin and eventually DevOps (maybe). 5 years in IT. you're wildly overestimating the salaries of FAANG (which is an awful grouping btw). That's pretty much starting/entry level comp for them. With that being said, we definitely still make a good living. 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. Base Salary: $125,000. 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. It’s still miles above the salaries that local companies will pay in low cost of living areas. 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. 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. Ex. 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. 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. 35K subscribers in the Salary community. What happens to the more ambitious people? Company 1. I have heard that people end up retiring in 30s or work as a quant trader until the end of their careers. Don't worry too much about the immediate graduate salary, think more about the potential progression. Salary progression has been quite good for me, I've gone from 65K right out of school (2017) to 165K now. Also please post total compensation (Salary + bonus + vestable stocks etc). 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. Mine is 2020 - $20/Hr 2021 - 71. the growth paths in tech aren't as fast as IB/consulting. When you add in bonuses and stock options, total compensation can easily exceed $300,000 annually for senior roles. Salary progression in medical device engineering. IB is a ‘prestigious’ finance job but there’s a ton of other finance jobs. 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 $550k. First few internships, 1999-2001: 10$/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. FYI - these look like base salaries for senior level engineers. FAANG, Top Tech, MBB, Big 4 or if Other please mention name) Location: (e. Curious what FAANG career and salary progression looks like for non PM or SDE roles. 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+). In general, I'm seeing salaries that are pretty even across the board for engineering roles, specifically devs, devops, and test. 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. There isn't much salary transparency for technical writers, especially compared to SWEs. I'm only 6 years into my career as a medical device engineer at a large company in the mid West, United States. 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. 60K -> 71K -> 78K -> 95K YOE: 3 I want to stay as an IC for as long as possible, and eng. 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. 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. Salary Progression at HCOL (NYC): A1 Jan 20’ (Audit) - 61k A2 Jul 20’ (Audit) - 61k A3 Jul 21’ (Audit) - 74. I live a great life at around 200k salary, saving the rest. g. 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. I don't work at a FAANG, but I'm at a similar sized biotech. For example if someone claimed an 80k salary the employer is likely spending roughly 100k for that employee. The median salary at Fb is $240k, they definitely don't pay $200k out of undergrad. At a FAANG currently with TC around 450k. 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. While quant traders are well compensated, they don't enjoy title bumps and career progression that people at FAANG have. I’ll be honest, I’m a realist and I would say I’m a mediocre developer at best. As you go higher, stock is a larger part of your compensation. USD vs CAD is like comparing apple to oranges. 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. 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. $70k and $45k the progression is slow and I think that's been linear over the past 7 years starting with ~120k + 20k cash. There is still room to move up, but it seems like it’s mostly management positions. We would like to show you a description here but the site won’t allow us. My latest role was leveraged using an outside offer. PM makes similar base salary but a boat load (think 80k vs 20k) more annually in stock. 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. 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. Faang and similar tech hold not so insignificant number of dev jobs Median salary wouldn’t be 120k if there were actually 4. Some salary Transparency for those who care. 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. Happy I stuck it through. Also at the end of the day it’s just a different job. 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. I reckon people make about $150k in NY. -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. 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. 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. On track to 110k t Partially out of my own laziness / comfort zone, partially through 2 pretty bad recessions. Oct 11, 2021 · Starting Level: E3. 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). Is probably ~50% of the eng total comp for biz ops. What does progression for a QR looks like?. nqokmdbduqjfalbmqrrpbhltdbpbvvgomvghccktcgihysnqqfrxm