{ "media_type": "text", "post_content": "WOW… just WOW", "post_id": "62753ee13b6b7c0038a59277", "reply_count": 96, "vote_count": 75, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation", "feed_type": "bowl" }

WOW… just WOW

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Common compensation for engineering roles. Also more than half of that yearly compensation will be variable (equity + bonus) so your mileage may vary, especially with the wild markets. Oh and has to be mentioned that to be hired in an Eng role at these companies you are absolutely a rockstar with special skills.

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First of all, a senior software engineer at Netflix making $550k is a massive lowball. I’d expect closer to mid-700k.
Lead data engineer at Airbnb making $575k sounds about right, but def could’ve negotiated to $700k, unless he’s including the recent stock drop as part of TC and not just refresher count.

@PO1 it may or may not buy you a decent house in the Bay Area.

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Outlier. Plain and simple. They also have very specialized data engineering skills. Those of us spending time making slides and handling status/steerco meetings need not concern ourselves with something like this.

likefunny

This is a very possible comp trajectory. A couple of thoughts:

- Netflix comp is known to be top tier even relative to big tech
- It's more common to hover in mid-level roles longer, so OP is a high performer

For those interested, this is Zach Wilson's post on LinkedIn.

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More like all crash now

This isn’t real lol. 7 year trajectory to ~$600k OTE? No way.

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MBB, OW, S&, Kearney, LEK (I assume), A&M, Alix, and perhaps a few others would pay that at pre-partner levels. It’s definitely on the high end but so is this Netflix salary

There is nothing surprising about this tbh, plenty of people in similar shoes. At senior levels (5+ yoe) at the top tech companies that’s what it is (maybe a bit more in his case, but 400-600 is about right).

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Well you can be a senior consultant with 2 yoe at some places so why not.

funny

The legal industry, specifically Biglaw, is transparent in their lockstep compensation for associates (non-Partners). The trajectory is similar. My cousin is entering their 8th year and is expecting to earn somewhere between $600-700k TC. Caveat of course is that it requires 3 additional years of law school.

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Is your husband available?
I’ll confirm with my wife.

funny

Man I am in the wrong profession

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Swap those vlookups with index.map(), then profit

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I am more surprised that so many people don’t know that qualified SWEs make this much.

likefunny

I refuse to believe this haha.

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It’s always the people making over $250k that think “comp should be less taboo” to talk about lmao

likefunny

In my case went from 100k to 500k in 6 years. It did take a M7 MBA, move to SF, and a crazy COVID-induced stock run up though

likesmart

So I guess I have to switch to tech then.

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This is 100% believable. The jump to Facebook really facilitated the growth here.

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Not loving the stagnant growth from 2019 - present

likefunny

I have a similar trajectory going from industry to BCG back to industry

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Tech eng/sales is the best kept secret. Friends always surprised by how much you make selling or building software.

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5 companies in 7 years is the wow to me. Talk about a flight risk.

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Well one was an internship and another super low paying entry level job. The rest of the moves are pretty typical for anyone in SV though.

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I think you should talk to someone who works in data engineering before you think this is a good salary. This is not nearly enough to make me want to get into DE. Those people are treated like garbage in tech, everyone is mad at them all the time.

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Or you can just save your money and retire after a few years vs working for 30 in a “prestigious” job. Prestige that doesn’t pay 💰 means nothing

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Seems legit

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It takes a long time to make L6, this is not a 7YOE trajectory

Wonder what that comp looks like now with current Netflix stock price

netflix lets you choose the % of comp you want in cash or RSU. so could be all cash comp and not impacted by stock price

i saw the exact same post too it’s the truth in technology

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