Do people seriously get paid this much?
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Do people seriously get paid this much?
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What’s your best career advice?
I recently interviewed for a role at Goldman Sachs and completed all the levels. After the final interview HR sent me a link to fill out the Compensation Questionnaire and requested for related documents. Next day, another HR called me for some clarification and told me that they are going to request for some approvals. Does this mean I can expect an offer letter? If yes, how long will that process take?
Deloitte
Deloitte USI
Deloitte India
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Rising Star
Just curious, but is it really sustainable when companies start increasing salaries like this?
Seems like they'd really be in a pinch if the economy were to take a nosedive for a sec.
I honestly feel like the “are these salaries sustainable” questions (esp for tech => esp for roles like software engineering) are accidental bait/corporate brainwashing to fight against higher salaries
Rising Star
A lot of people who get massive raises are those who were unpaid to begin with. Companies are not charities, they know how to spin stuff to make it look good
Took a recruiter screen last week. Said they’d pay above 400 and recruiters were told to not let money get in the way of hiring.
Just popcorn sales in boy scouts 😆
That headline is wrong. The budget for merit raises is doubling, not salaries. (Amazon did double their salary cap last iirc)
Chief
Sales engineer
Rising Star
This will come as a tradeoff because of RSU volatility. So likely TC isn’t impacted so much as makeup.
Chief
100% agree
Pro
If you used the critical thinking that your clients paid you so much for, you’d realize how nuts doubling salaries for everyone would be.
LMAOO
Typical click bait. Stock refresher range increased by 25% and merit budget increased, so basically 1-2% to 2-5%.
And Amazon’s top range base was increased. Sign on bonus and stock ranges were adjusted accordingly, so TC is roughly the same
Chief
More like 3-5% to 6-10% but yeah
This is wrong. Salaries aren't doubling, budget for merit raises are doubling. And it's not that significant (from 3% raise to 5/6% on average.
That will be few handpicked, critical to business folks. But isn’t that good marketing strategy
Chief
Writing smart contracts and setting up the website that hosts the project
Chief
Yes
With stock, it's actually much more than that
Pro
There are plenty of consulting roles that pay that much. I know lateral SDs at EYP who are close to that base.
Yep
Yes
It’s not true but they still get paid much more than consultants while doing much less work anyway.
PR move to make it sound good. TC should stay the same given falling RSU prices.