Compensation is the biggest pro. Also, unlike other hire to fire companies (most tech companies at this point in 2024), you at least have a chance to prove yourself and are given a couple months to onboard. There are worse tech companies out there such as Amazon and Intuit, but Meta’s culture is still quite terrible. They try and justify the long hours and stress with how much you can make - Meta still pays more than any other major tech company, even in 2024, which is definitely a pro, but the culture is cutthroat and you can’t trust anyone. It would probably be easier to work two remote jobs at “less prestigious” tech or tech adjacent companies to make the same amount at Meta with more stability, better WLB, and less drama.
Pretty much the same as what one would experience at most tech companies in 2024. But some aspects are better or worse than others. Long hours. WLB is highly team dependent. Apparently Meta used to be a lot better in this regard, but now not so much. It is intense, but if you have startup experience, it is at least less intense than that. And again, it is more fair than a place like Amazon. Office politics are a thing at all tech companies, but a little more extreme at Meta. Blame and shame culture is big. People are snakes and are prepared to throw even the newest and most vulnerable employees under the bus to save their own skins. This makes things quite unfair, but as long as you’re proactive and document everything thoroughly, you’re at least given a chance to refute these attacks. A lot of gossip and backstabbing. This is separate from and still related to PSC culture, which everyone complains about. Management is terrible overall. Sometimes there is micromanagement. One of the few companies where it’s possible you’ll have a manager younger than you, even if you’re only 27-31ish. Often ICs seem to be held accountable for things that are way beyond their day-to-day scope - basically things that are ultimately the fault of leadership and management. Management frequently tries to pin things on their employees. Your manager is often trying to screw you, and if they can’t find a way, they are often trying to invent things you did wrong. This isn’t a dealbreaker because as long as you’re doing your job, it is easy to refute, but it creates a ton of work because you have to be extremely well-organized and have documented every interaction with your manager colleagues. I recommend studying employment law / consulting with an employment lawyer early on in your tenure at Meta, so you know what to look for. Because it is a massive tech company, you are there to please your manager and make them look good, so you need to do pretty much whatever they say. there’s a lot of internal conflict because it’s very authoritarian, also fairly draconian, and it’s bottoms up at the same time, every man for themselves. Do everything your manager says and it is somehow still all up to you as an individual employee to make the company successful. To top it all off, your colleagues suck too. People brag about work that YOU did as being THEIR work that THEY did if it is successful. If a project involving multiple people is so much as an hour late, then YOU are blamed, even if you had nothing to do with the lateness. The lateness itself isn’t really the problem because guess what? It’s not anything is broken. Except for when things do break and the whole app crashes for a day because everyone is forced to focus on office politics instead of their actual work. it’s not really about the value you create, so much as it is the PERCEIVED value you create and whether or not your manager likes you. Ergo, a lot of bootlicking charlatans make it to the top.
Hey Blind community, I just accepted a job at Meta that requires me to relocate to the Bay Area, so I'm looking to buy a home there. The problem is, my base salary isn't enough to qualify for the mortgage I need, and a significant portion of my compensation comes from RSUs. This is my first time ge...Read more
Can somebody please explain how to calculate the annual net income for the following E4 offer: 80k + 170k/4 + 20k (sign on) #Meta #Facebook #google
I have 20+ apps in the app store making me on average $400 per app. Most of the income is purely passive. Sometimes i make a few updates here and there. So for the past year or so im comfortably pulling a little over 8k a month from these apps. I bring in about 6k a month from my salary at FB aft...Read more
Hey Guys - I joined Facebook Menlo Park early this year but has been remote so far. Would I be able to claim the state income tax which Facebook paid to California state?
I have a YouTube channel + teach online course and last 6 months I have consistently pulled ~$15k / month. I work 55-60 hours at FB and can't spend enough time to grow my online business. I have several ideas through which I can multiply my income. Should I quit FB? Or join a chilled place (Cisco, ...Read more
I think I qualify to pay off my wife’s student loans. My base is 156k I agreed to 160k/4 for RSU The last equity drop is in November, so far my “30K vested” is valued at 8.5k And my wife makes 65k. All together we’re looking at 230k end of year…which I think means that we meet the 250k household...Read more
I started negotiating for TC with a company in Austin, Texas. It is a remote job. They said they offer salary as much as Meta and Apple. I'm curious how much cash income is much enough for senior software engineers in Austin.
As most of the companies increase an employee salary 10% when moving to CA to cover the state tax, will the big tech players increase Seattle salaries to reflect the 2% proposed income tax in Seattle? As this is not for public vote and the city council is looking to approve it July 10th, I was curio...Read more
And Netflix has thousands of competitors. FAANG lost its appeal, it’s now GAMA time (google, apple, microsoft, amazon) https://www.economist.com/business/2022/02/04/metamorphosis-facebook-and-big-tech-competition
I sold 2 to 4 items on FB Marketplace (total worth <500$). Do I need to report them in return filing? I am seeing different articles, some saying if it is a used item and you sold it, you do not need to report and some saying, if you sold anything and got money, you need to report.
I just liquidated 3M Meta Stocks. Got lucky, liquidated Google and bought 600K Meta in 2022 at $100. What is the best way to park it in a fund or PE to get 250K in Dividend Income. I have been looking at Private Equity funds such as Nuveen/Carlyle/KKR etc. I don't care about the tax advantage way....Read more
Got offers for both Google (Brazil) and Meta L4 (UK) What do you think? I know Meta has a reputation of having bad WLB balance, but Google is worsening in Blind’s opinion. Tax brackets are fairly different, Brazil has a maximum of 27.5% tax rate that only affects 92% of the income. While the Uk ta...Read more
Only source of income is Facebook and Instagram. They make massive amounts of money Ignore negligible metaverse and whatsapp stuff
Meta: Market cap 1.2T Employee 68k Net income 39B/year Google: Market cap 1.78T Employee 180k Net income 74B/year Google has almost 2x of meta net income, but just 1.5x of the market cap. Also, Meta’s market cap per employee is 2x of Google although they are in the same internet and ads industry ...Read more
Isn’t half of middle class Bay Area above 400k hh income? This is gonna pinch harder for NVDA and META peeps.
E7 at Meta, TC is around 1m with 350k cash component. Net worth is like 2m, about half liquid (stocks / cash). Single income with wife and kid. I would like option to move to startup where income is illiquid but 350k cash.
How can you justify NVIDIA valuation? When I compare it with Meta, its just nuts. NVIDIA market cap: >$1T Meta market cap: $800B While looking at their quarterly earnings, META is beating NVIDA both in revenue, Net income and yet is valued 20% less than NVIDIA.
They are called "HENRY'S " which stands for "High earner not rich yet". Are you one of them? How is your spending? https://www.google.com/amp/s/www.businessinsider.com/high-earning-henry-millennials-six-figure-salaries-feel-broke-2021-6%3famp Edit: I wonder if some of you voting that you are "Hen...Read more
How does your 200k+ income translate to take home and how much do you save every month? TC: 0 (student) #engineering #hardware #google #meta #software #swe #amazon #apple #qualcomm #arm