Who has a higher burn out rate engineers at FAANG or an Ibanker? If there are other professions that make a lot of money but seem More stressful than the options let us know below!
The closest you can get to 'burning' in Google is using the sauna / steam room š
This is a joke right? Actual answer depends on personality. If you love the banking hustle, you will thrive in the ibank gutters. If you are not genuinely into engineering, you will hate your life at any tech firm FANG or not. I know people who changed in both directions. Pick a profession you are passionate about and there is no such thing as burn out, but YMMV :)
I donāt think this is completely true. Iām at faang, into engineering, and feeling real burnout. Mostly over artificial timelines that force us to move fast and deliver crappy things or build the wrong things due to poor management decisions. At some point, you get tired of fighting with these jokers and become disengaged, chasing timelines instead of value. You also feel like youāre not growing. No idea how it compares to ibanking. Faang burnout is a very first world problem.
@YaJabroni Iāve had weeks where I did feel burned out but I remember I counted the hours I worked and it was only like 60-70 that week. For IB, especially boutiques, thatās a slow week and they usually grind out 80-90. Granted their work does use a lot less brain power (that sounded really douchey) since a lot of work is due diligence
Consulting and public accounting (esp. Big 4) can be brutal and burnout is fairly high. 60+ hr work weeks + 90% travel was very common (at least for me). But the comment about personality type by 'shitposts' is bang on.
From what my friends say most bankers would love to have 60 hr work weeks. They apparently work nonstop weekends also
Yes. Burnout in Consulting is as high as IB
Work - hard long and smart. You canāt choose 2 out of 3 at Amazon. Good thing comes in threes. š
FANG is pretty chill for 80% of devs there at any given time. 20% seems like a lot of people in bad conditions, but at some companies every single dev there is in a fucked up situation: bad management, failing startup, non-tech company with ancient codebase, etc. Banking is horrible for almost everyone who works there so that the top 1% of execs at the bank can have awesome lives.
Burnout??where??? I'm loving my life here.
FAANG salaries will not stay this high. Meanwhile, banking is all cash comp and will always stay crazy high. If I had the credentials (top school) I would have gone iBanking. TC isnāt even comparable after a few years.
How do you know FAANG salaries wonāt stay the same
Family of engineers who have all worked at FAANG. My brother in law worked for google and Netflix 8-10 years ago; the salaries were not impressive. Itās funny how people these days get an overinflated ego because they are lucking out due to stock appreciation; but a recession is coming within the next few years and tech salaries will be way down while IB will remain high (because they pay cash). Hope this helps!
Delete G from FAANG, no one burns out at Google
Curious how many are voting iBanker but only ever worked in FAANG
Iāve been attacked
Literally everyone? The intersection of both careers is super low