CompensationNov 15, 2019
Facebook4years+

410TC now, should I switch?

I'm an IC6 at FB now, newly promoted last cycle, so I haven't gotten any refreshers at the new level yet. Not expecting a DE since I'm switching teams. 410 TC @ 12yoe (9 of them in startups, 3@fb). I hate preparing for interviews, but would do it for a significant bump. Realistically, how much could I get at am equivalent level at other FAANG-level companies in the bay?

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Uber 🍐 Pear Nov 15, 2019

You can probably get 800k TC at lyft/uber if you manage to get staff. Big gamble but their stock could easily double if they both become profitable (which they predicted within 2 years). In which case it’ll be more like 1.2 mil TC ☺️

Netflix XtHu57 Nov 15, 2019

πŸ˜‚

Wayfair hitman047 Nov 15, 2019

πŸ˜‚

Uber tkdkn Nov 15, 2019

600k Uber for 5b or what Pear suggests which is for L6

New
deflow Nov 15, 2019

Breakdown of TC? Thanks

Netflix XtHu57 Nov 15, 2019

Why 410@E6, that's low, engineering I assume?

Facebook 4years+ OP Nov 15, 2019

Yeah, swe. Well, it's basically e5 comp since no refreshers have kicked in.

Netflix XtHu57 Nov 15, 2019

I see, yeah I think you can do better

Twitch omg_my_tc Nov 15, 2019

You seem to be smart and should know this but I am bored so I will say this: Did you check levels.fyi ? πŸ™ƒ

Facebook 4years+ OP Nov 15, 2019

I did, and for most companies the avg at E6 doesn't cross 480k. After my first refreshers kick in, that's a ~$30k increase in TC after tax, which isn't that significant. Not sure I really believe the Uber people with their $800k numbers...

Twitch omg_my_tc Nov 15, 2019

To be honest they might pay you big bucks because they really need help to get projects off the ground and show some profits. And if they believe you have what it takes to produce on first day then you might be able to get a bigger TC. But not sure whether it will last long πŸ˜„A company that fires a bunch of people and starts hiring again immediately is not somewhere one can have a long term future!

Twitch omg_my_tc Nov 15, 2019

I like the optimism in Uber employees. I would also want Uber stock to go up because I was dumb enough buy their stock πŸ™ŒπŸΌ

Pinterest fhhvthv Nov 15, 2019

People don’t understand a simple thing. You still can make more money than in most places due to high TC

Activision Blizzard FkdCompany Nov 15, 2019

Sounds like you have it pretty good already. Why be greedy, bruh?

Facebook 4years+ OP Nov 15, 2019

If you were able to pay for a decent house in 10 years instead of 30, wouldn't you?

Activision Blizzard codorbust Nov 16, 2019

I'd wait and pay it over 30 years regardless. Interest rates are incredibly low right now. Make that debt work for you instead of tying your funds into a single asset

Snapchat 🐨 koala Nov 15, 2019

Come to Snap. We pay significantly more

Pinterest fhhvthv Nov 15, 2019

Go somewhere else and get 600