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A comment on German digital bank N26 is facing outcry from its staff over management. Parent comment

Re:German digital bank N26 is facing outcry from its staff o... by triceratops on Friday August 14, 2020 @04:03PM (#24162584)
Entry-level FAANG engineers make significantly more than $120k in the Bay Area. Other than vacation time and job security, their lifestyle is comparable to any salaried person in Germany, and they save a lot more money.

There are a lot of reasons to live and work in Germany, but money is not one of them.

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Re:German digital bank N26 is facing outcry from its staff o... by filoleg on Friday August 14, 2020 @05:15PM (#24163378)
>Entry-level FAANG engineers make significantly more than $120k in the Bay Area

Yeah, people seem to conflate base cash salary with total comp, which is very misleading. Sure, you start making $120k in base salary at google as a fresh grad, and you top out at around $150k as a senior engineer.

However, the total comp ends up being mostly covered by stock, which is what drives that senior engineer total comp to be more in the $400k-500k range. And even at the fresh grad level, I expect the total comp at Google to cross $200k/yr easily.

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