Here in Europe you're unlikely to break $100k in that time.

That's still really good for Europe. That's €84k, not a lot of careers pay like that after 10 years, even in STEM.

500k is about L6. You ahou get that within 10 years if you want

I've been a software engineer professionally for 11 years. I've never had a peer make near that. I even worked at Uber in downtown SF.

Let's take a look at my salary history. I am a PhD, I didn't enter the Real World Job Market until 2001, when I was 28 (others in my cohort went straight from college to SWE, while I spent 10 years just doing research).

2001: SWE at UCSF, making about $75K/yr. This is roughly triple my graduate student salary and higher than my postdoc salary. 2007: Architect at Genentech. Make about $100K/year 2008: Join Google as L5 with a starting bonus of $25K, $125K salary, and about $100K in stock options. Stock options are refreshed every year. One year, Eric Schmidt gives everybody a 10% raise. I get promoted once. 2019: leave to work at a startup for a year, same base pay as Google, and stock grants that are now worth $1M but aren't fungible. 2021: Leave Google as L6 with base pay of $225K, 15% bonus target (which I get), a $45K annual bonus, and $700K stock vesting over four years. I count this as "around $450K/year total comp" before taxes etc.

If I had managed 2012-2016 better, I'd be an L7 or more, making about $550K/year total comp. However, these are all exceptional situations made possible by the insanity that is Google.

Mostly US in SV, NYC, SEA. But even in UK, FAANG salary for 5-10 years can be around £300k+

Refreshers stacking + stock appreciation, I'd guess.

I didn't take it to mean stock appreciation, as pay directly means salary where I'm from.

They are talking about total comp which is usually base salary + bonus + stock (RSUs). As the person above mentioned, 50% or more of that $500-600K is most likely made up of stacked stock grants. Even if you sell your RSUs right away, a grant typically vests over 4 years. In the current market, that makes older grants much more valuable based on stock appreciation.