Can someone please describe “cliff” at FAANG? What’s the point of flaunting huge TC, if you’re going to get significant drop after year 4?

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Because you get refreshers

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That’s their way of ensuring you keep performing constantly. As long as you aren’t in the bottom 10%, you’ll keep getting refreshers.

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Refreshers. And prestige. Definitely prestige.

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Who stays more than four years at a tech company?

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Exactly CliniSys. Sticking around a long time in tech you are much more likely to stagnate than to progress. If we’re talking averages, OP…

The goal is to get promoted every 4 years so your cliff is minimal. Refreshers usually make up for any cliff one year after a promotion

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the only real reason to work for a FAANG company is the ego boost that comes from being able to say you've worked there. Besides, for those who live in silicon valley, they're actually making effectively less than almost anywhere else because cost of living is so high.

I make 225+ an hour ...and have a great wlb and dont live anywhere expensive.

Location comes into play....but living somewhere expensive isnt required

Also....the scale that faang works at is rare which leads to the opportunity to solve new and unique problems

Refreshers. if you can’t prevent cliff through performance related benefits, hop to new company for another 4 years.

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