Here's how big tech companies like Google and Facebook set salaries for software engineers.
Levels.fyi estimates that a Level 3 at Google, or an entry-level engineer who likely just graduated from college, should make $189,000 in total compensation, or about $124,000 in salary and $43,000 in stock compensation. At Facebook, an E3 — an entry-level "software engineer 3" — should make $166,000 per year total, according to the levels.fyi estimate.
"It differs from company to company, but a bunch of companies have converged on almost the same system where there will be about six levels," said Osman Ahmed Osman, a former Quora hiring manager who is now writing"Google and Facebook are examples of companies where things are pretty similar," he continued.
They also point out that the website enables people to drill down into each given estimate to see specific data points, including the submitter's speciality and location.Engineers who have achieved a level at a big company wonder what level they might be at a smaller firm — and whether that comes with a pay bump.
"You're probably making six figures if you're a software engineer," Musa said. "But there are senior engineers making crazy amounts in the millions. It's eye opening, and that's why we built this." The downside to the leveling system is that there can be an up-or-out culture based on the levels, Musa said. Another downside is that that the laddering system could exacerbate the diversity issues big tech companies face.
"As a general trend, I think what happens is every time Google and Facebook realize they're losing too many mid-level career folk, they bump the compensation level up," said Harj Taggar, the founder of Triplebyte, a software company that places engineers at tech companies like Apple.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Employees from Facebook, Google, Amazon, and Microsoft are striking tooYoung people around the world are participating in climate strikes and marches. Follow here for the latest.
Consulte Mais informação »
Google Pay plans to recruit new merchants in India to leverage the market's surging successGoogle Pay revealed it's racking up $110 billion in transactions annually in India, and it's rolling out new features to recruit merchants.
Consulte Mais informação »
Jennifer Lopez Closed Out the Versace Runway Show In Her Iconic Green Google Dress.JLo just made her runway debut at Versace.
Consulte Mais informação »
How Nestle, Google and other businesses make money by going greenCorporate sustainability efforts are sometimes framed as acts of altruism — but for big businesses, protecting the environment is often good for the bottom line.
Consulte Mais informação »
In tech 'awakening,' U.S. workers at Google, Amazon join climate protestsHundreds of workers from Google, Amazon and other technology companies on Friday...
Consulte Mais informação »
Google to invest 3 billion euros in European data centersGoogle will make an additional investment of 3 billion euros ($3.3 billion) over...
Consulte Mais informação »