https://en.wikipedia.org/wiki/Big_Tech#FAANG
I think Microsoft is up there and competitive in the same landscape, and calling out their lack of inclusion in the original acronym is just pedantic. Everything discussed in this thread applies just as much to MSFT as it does to any of the other FAANG companies.
F: https://www.levels.fyi/company/Facebook/salaries/Software-En...
A: https://www.levels.fyi/company/Amazon/salaries/Software-Engi...
A: https://www.levels.fyi/company/Apple/salaries/Software-Engin...
N: https://www.levels.fyi/company/Netflix/salaries/Software-Eng...
G: https://www.levels.fyi/company/Google/salaries/Software-Engi...
M: https://www.levels.fyi/company/Microsoft/salaries/Software-E...
Twitter, square, uber, netflix, linked-in, pinterest, dropbox, airbnb, etc are all middle-big sized and are fairly variable comp wise.
The other orgs pay in things like bonuses or RSUs.
Total comp may be as good or higher, but those aren't locked in a specific rate the way a direct deposit to your bank account is; e.g. you could get less bonus, or the stock price could drop, etc.
Also MSFT isn't part of FAANG.