> I know the salary ranges at nearly all major valley companies
Can you comment on Netflix? They say that they significantly outbid Google or FB... So e.g. 500-600K is the norm there?
Netflix does outbid Google and Facebook routinely in one key component: base cash salary. I think you can request a portion of this in stock but the default is cash.
So you’d get $350k handed to you straight cash versus the traditional approach of base + stock + other variable components like bonuses, performance based comp and refresher stock. The 500-600k numbers you’re suggesting are not realistic for an average mid level engineer though.
But in general, Netflix’s comp philosophy is a complete outlier in the Silicon Valley ecosystem. Might be more common in hedge fund or quant roles but I don’t know much about that world.
Yes people make this much money. Yes they make it a couple years out of school. No I'm not lying or making this up. Yes this only represents a tiny tiny portion of engineers globally that have the privilege of working somewhere like Google and in a place like the Bay Area.
I swear, this conversation happens every single time on HN when people bring up comp numbers.
I know the salary ranges at nearly all major valley companies, have friends that work at all of these companies, and have gotten offers myself.