Why FAANG comp is lower than non-FAANG in London?
I am based in London and I’ve had fancy brand name companies reach out for interviews as well as non branded companies.
Generally the branded companies are paying 40% less TC and offering the same level / a junior role vs non branded offering a higher level postiok (not just by title but work projects also) and 100k+. I have seen non-finance places offering even 150k TC also but when I speak to FAANG they outright say they wont be able to match that. Consulting places are confortably paying 120k ish.
If you try to even negotiate they say they have a salary band to be fair and I should for the brand name etc.
I am almost worried that taking the 100-120k offers pushes me out of FAANG until leadership stages?
Has anyone else experienced this? Thoughts?
ps I’m not an SDE.