I have been reading a few articles talking about how FAANG isn’t as lavish as it used to be. My first question is if that is true? If it is true, my second question is what companies out there have the pay, benefits, and perks like FAANG? My last question is if it is as difficult to get into those companies? Facebook (Meta) Amazon Apple Netflix Google
Definitely not true for Apple in my opinion! I work with the Apple TV team and my base is a lot higher than the average and I got 70K in RSUs with only a degree no prior experience and the health care is amazing + wellness perks and I get to work from home 3 days a week
It’s true, but it’s all perspective. The economy is changing. So as the economy changes things change along with it. Our company specifically has been growing ridiculously fast. The main perks (benefits, salary, options, etc.) are all still the same. But it’s little things that have changed… like food offerings or how much free company swag you get a year… or being more mindful when going out on team events. But, compared to other companies, it’s still the lavish of the lav. Hahahaha
You can have generous compensation and benefits, but the most important thing is to be happy in your work.
It depends team to team and which department you are going to land
I’m a copywriter and I can say that I am getting paid lavishly for my profession.
It comes down to perspective.
All those companies have a TON to offer. It depends on the role you take, what you have to offer them, and if what they give you aligns to what makes you happy to life.
No, and even if it were, FAANG will pay more than most other jobs you can possibly get out of school—including, in many cases, finance and consulting—especially if you’re technical. 4 years ago, my new grad SWE Microsoft offer (which was lower than the rest of the industry) was 120k base, 120k worth RSUs vesting over 4 years (30k per year), and a 20k signing bonus. You’d be hard pressed to find better pay in other industries with no experience. There are great reasons to do other careers—for example, I actually didn’t take that offer because I wanted to try work outside of tech at the time—but short-term comp isn’t one of them
I appreciate everyone’s responses! So at the end of the day, it’s all about where in the company you are and your perspective of where you are. But FAANG is still the place to be haha. Anyone here want to connect to talk about their process of becoming an employee at FAANG?
it depends on what’s important to you. i personally am not thrilled to be at apple. i miss working at startups. i got paid pretty well (obvi not as well as FAANG) but had significant raises. i was remote in my last job and last three jobs had unlimited pto which i could abuse.
i had a startup that paid for healthcare 100% for me, my husband and his son. no copay and any kind of doctor.
the startups also always had free food and health perks.
apple, you have to pay for any food (i think most of big tech is free).
personally, i miss being in a city. (taking a walk outside or window shopping for a break). apple austin campus is in the middle of nowhere.
it’s not for me but i’m gonna hold out to vest some stocks and have it on my resume.
(i didn’t apply to apple, i was scouted).