> FAANG-level salaries (which can absolutely be 300, 400, 500k TC) are the 1% of the 1%.
FAANG & companies that pay similarly employ something like 8-10% of the engineers in the country, so this is an enormous overexaggeration. We can quibble about whether it's reasonable to represent that as "industry standard" or not, but it's not such a drastic outlier that it becomes unreasonable to use it as a point of reference when discussing things that might be reasonable to aim for (or expect, in certain contexts).
FAANG & companies that pay similarly employ something like 8-10% of the engineers in the country, so this is an enormous overexaggeration. We can quibble about whether it's reasonable to represent that as "industry standard" or not, but it's not such a drastic outlier that it becomes unreasonable to use it as a point of reference when discussing things that might be reasonable to aim for (or expect, in certain contexts).