Re:Searchable and sortable H1B salary database
by hackernewds on Sunday June 11, 2023 @04:53AM
(#36279501)
Base, without equity
Re:Searchable and sortable H1B salary database
by fnfjfk on Sunday June 11, 2023 @09:19AM
(#36281114)
That's still low, that's an E7/M2 salary, VP is at least three levels higher (D1, D2, VP1).
Non-engineering roles at Meta have different salary bands and RSU comp per level than engineering ones (usually less and sometimes a lot less).
Re:Searchable and sortable H1B salary database
by jtefera on Sunday June 11, 2023 @12:19PM
(#36282729)
Product managers for Meta have similar pay range than eng.
Re:Searchable and sortable H1B salary database
by boeingUH60 on Sunday June 11, 2023 @04:53AM
(#36279503)
This stat likely includes just base salary and not stock compensation.
Re:Searchable and sortable H1B salary database
by diebeforei485 on Sunday June 11, 2023 @11:29AM
(#36282290)
Good tech companies pay employees higher than what is listed in the filing, they just don't want to divulge how much they're paying in public records. This is totally fine, there is nothing illegal about paying more.
Mediocre companies (or good startups who aren't considering this stuff too deeply) file with the exact salary.
Scam companies pay below what they filed (illegal).
Re:Searchable and sortable H1B salary database
by lisasays on Monday June 12, 2023 @01:31AM
(#36288811)
So they're submitting false filings, you say? You know this how?
Re:Searchable and sortable H1B salary database
by inemesitaffia on Monday June 12, 2023 @12:36PM
(#36296304)
This is guaranteed money. I'm sure you've heard of appearance and performance fees in sports
Re:Searchable and sortable H1B salary database
by diebeforei485 on Saturday June 17, 2023 @04:53PM
(#36374479)
Even the salary component is higher than what the filings say.
Re:Searchable and sortable H1B salary database
by diebeforei485 on Saturday June 17, 2023 @04:53PM
(#36374476)
Yes, but there is nothing wrong with that! There is nothing wrong in committing to pay $200K but actually paying $250K.
They report actual pay to the IRS.
Re:Searchable and sortable H1B salary database
by darth_avocado on Sunday June 11, 2023 @01:38PM
(#36283531)
There is an important caveat here. H1B filings only includes guaranteed compensation, which is your base salary. Stocks and bonuses are not included here. That’s why you’ll see data points like Meta paying 200k for a VP level H1B. I reality they are absolutely not underpaying H1Bs at VP level and the person is printing millions a year.
PRODUCT MANAGEMENT VP | META PLATFORMS, INC. | $248768.00