What's up with that $1.5M salary of some big Techs?

New / Eng
SOLh26

New Eng

BIO
passionate for coding looking for referrals to FAANG
SOLh26
Jun 6, 2021 19 Comments

I joined few days ago to this amazing site,
and it was an eye opener for me towards big tech companies, faang, growth, bay area, etc ..

but what opened my eyes and mind more, is seeing blind flashing me with that huge salaries of more then a million. so i was calculating how much the guy who makes $1.5M salary, get each hour, and i findout it was $750/hour. that was my salary of two 2 weeks in my first job. lol

How can someone reach that salary?
what's the plan !!!
#tech #swe #softwareengineer #salary #faang

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TOP 19 Comments
  • Salaries that large require both a very large amount of talent and hard work, but an even larger amount of luck.
    Jun 6, 2021 4
    • Okta
      drogoon

      Go to company page Okta

      drogoon
      You need to be exceptional at something few people can do. There is no path to follow. 1.5m is not a normal TC.
      Jun 6, 2021
    • Snap
      jhunter2

      Go to company page Snap

      jhunter2
      Other way is to join the right company and get lucky. Senior eng who joined DoorDash/Airbnb/Coinbase before IPO are raking it in now. So are people who joined Snap when stock was single digits
      Jun 6, 2021
  • This comment was deleted by original commenter.

    • New / Eng
      SOLh26

      New Eng

      BIO
      passionate for coding looking for referrals to FAANG
      SOLh26
      OP
      @snap @TopTC
      if you mean you hit more +$1M, then you did great!
      Tell us some tips then
      Jun 6, 2021
    • Snap
      jhunter2

      Go to company page Snap

      jhunter2
      1. Join snap in early 2019
      Jun 6, 2021
  • Tesla
    GOMn68

    Go to company page Tesla

    GOMn68
    Be exceptional at your job, have some natural talent, be personable and make good impressions on your colleagues. Might need to get a startup acquired or get to director level to get that salary though
    Jun 6, 2021 1
    • Google / Eng
      6Feet6Inch

      Go to company page Google Eng

      6Feet6Inch
      You can have such a salary even without doing all that. Just be lucky to join a company when its stock price is at the bottom and when the stock price goes 5-10x, you can have such TC. Quite a few on Blind and they can’t stop boasting about it, which is quite stupid as the success is not of their making.
      Jun 6, 2021
  • Some people joined pre-IPO, then the stock shot up after IPO. The relatively early employee could see >1M TC yearly for the past few years.

    But that's not without hard work and ultimately patience.
    Jun 6, 2021 2
    • New / Eng
      SOLh26

      New Eng

      BIO
      passionate for coding looking for referrals to FAANG
      SOLh26
      OP
      Correct!
      Does their salary stays even if stocks goes down?
      Jun 6, 2021
    • Salary portion should stay the same. The perceived TC will go down due to the stock going down.

      But then you keep getting refresher for the same dollar amount, so you're getting more shares (lower price per share). Then some time later the stock goes up, those $ becomes $$$..

      People who stay at good companies through bad times when the share price plummets are often rewarded this way.

      Imagine people joining AMD when the share price was below $5.
      Jun 6, 2021
  • Snap
    Wannaby

    Go to company page Snap

    Wannaby
    Get L6 or M1 in some fast growing company with liquid stocks and that’s it, you join with initial TC 500-700k, then after some stock appreciation you suddenly see yourself holding 1.5mln TC

    Many people at Snap got such TC after stock appreciation, I am sure that there were other companies like this - Pinterest? Roku? Maybe something else
    Jun 6, 2021 0