Re:How much I made as a good Engineer at Facebook
by lordnacho on Friday December 04, 2020 @05:12AM
(#25300782)
> It's tapered from 100 to 125k, but at no point is your employer paying 100% tax. From 100 to 125k, your marginal tax rate is ~60%, but drops after that point.
Actually you're right, I had misunderstood something. Looking at an online calculator, if you go from 100K to 125K gross, you take home 10K more.
It's tapered from 100 to 125k, but at no point is your employer paying 100% tax. From 100 to 125k, your marginal tax rate is ~60%, but drops after that point.
> £500k as a salary is rare, most comp at that level is some sort of bonus.
Even with bonuses, or RSU/some other form of shares, I think "rare" is understating it, and that's exactly the point. The discussion in this thread is that the top performers in FAANG are clearing _well_ above these values (multiples of these numbers).
> once they are familiar with the person will bump the rate to whatever.
Can you be a little more clear with the "whatever" number? 100k? 500k? 1m?