None of the companies in top tier tech can afford to pay substantially less than any of its competitors. That's why they're "top tech".
If what you said was true, and FB or Google paid a lot more than say MSFT or AMZN, then all the best senior engineers would eventually leave the latter for the former, and only the bottom talent will retain. Then the latter won't be top tech in any meaningful sense.
In reality, FAANG are grouped together because they pay about the same and can compete with each other for the same level of talent. Other companies are in this category, just not as famous.
My total compensation went up by ~80% going from MSFT to FB (but my housing costs 3x in the Bay Area vs what I had in Boston so it’s not as large an increase as it sounds).
I'm mostly aware of pay in the Bay and a few similar areas, and it is largely equivalent at the levels posted here.
Even in Seattle it's well known that FB pays more than MSFT. So your theory about top tech needing to pay top dollar etc, doesn't hold.
> There are only a handful of companies that pay $400k/yr for senior software engineers and MSFT ain't one of them
This claim is false.
There are a lot more than "a handful" of companies paying $400k for senior engineers. MSFT will also pay you this amount in the Bay.
Overall, top tech pay about the same. You say FB pays better than MS in Seattle, and perhaps that is the case (as I stated above, I'm mostly familiar with the Bay, not so much with Seattle). In the Bay, the pay is very similar. There could be many reasons why FB would pay more than MSFT in the Seattle: for example, MSFT has a huge office there, and FB probably only a small one. So it's a pretty wise strategy for FB to offer larger pay for the small amount of positions they have there, and in this manner poach some of the best talent in Seattle, while for MSFT it would be prohibitively expensive to raise salaries across the board at Redmond.
That still doesn't change the big picture, which is that top tech pay is largely equivalent, outside of a few anomalies here and there.
No, they do not. Again, obviously you have never worked at a FANG company otherwise you would probably realize this. It's quite a well known fact in the Valley that FB/Google pay much better than MSFT/AMZN.
FYI, I got offers from FANG companies, specifically the ones you mentioned. There used to be a gap, but on the last round the AMZN numbers were effectively the same as Google's. My guess is that over the last few years they faced the necessity to pay equally.
I have friends working at MSFT in the Bay and their current pay also falls in line with the numbers mentioned in this thread. Of course, they're senior engineers.
I think you are quite the bitter one trying to refute every single one of my comments.
(Or at least that's the official line. I haven't examined any de facto pre-tax pay disparities between the two locations. But at least they don't adjust comp when one transfers between those locations, or between either of them and NYC; whereas they do for relos those areas and significantly cheaper areas.)
Source: personal memories of policies from 3-5 years ago, which could have changed but probably haven't.
Also, Uber and Airbnb gives RSUs which are not paper money. I am confident that an IPO for both these companies are inevitable.
Everybody has a different assessment of how likely each outcome is, so everybody has a different expected value.
Course, with the average house going for $1 million in Kirkland, they have to spend it.
And like someone else said, first level managers are more like 250-350k range, not 400k, yes even at G and FB.
Uber and Airbnb don't pay that much either. Sorry I don't count paper money as real money.