My recruiter told me that at Pinterest new grads get levelled at both L3 and L4 based on their interview performance and past experience.
There's no system design portion, so I have no idea how that works. Could someone from Pinterest fill me in?
Or was that just a lie that some new grads (bachelor's) get levelled to L4.
PhD with little or no industry experience is typically L4. I was on an interview set for a new grad PhD matching that description not that long ago. He's coming in at L4, and there was an architecture component.
Where it starts getting weird is the people who come in at L5 and up, because those bands are really wide.