CompensationNov 14, 2018
Affirmninjatark

Are Netflix high salaries a myth?

I was just looking into all h1b salaries for Netflix and it looks like the average for senior software is 160 :(..since there is no bonus or stocks, this looks so low. I am not sure of how thats competitive. Any Netflix employee verify this data. There are like 100 salaries for this year. Just sort by submit date to get this years data. Or is this h1b data abuse lol.. https://h1bdata.info/index.php?em=NETFLIX%20INC&job=

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Oracle of · Nada Nov 14, 2018

Assume high Netflix salaries are for high impact employees who've been there some time or have a killer tech resume full of high profile American companies?

Facebook hyper Nov 14, 2018

It's not fake

Affirm ninjatark OP Nov 14, 2018

Edited from fake to myth !

Facebook hyper Nov 14, 2018

It's not a myth

Google Shaktiman’ Nov 14, 2018

I was offered 380k base + 19k options with 6 yoe. I don’t think high salaries are a myth.

Hubspot bloyg Nov 14, 2018

OP said he was looking at H1B salaries. That would not necessarily be representative of all Netflix salaries, I am sure.

Google Shaktiman’ Nov 14, 2018

I am on H1-B. Btw I am not trying to imply every engineer will get 350k+ but rather giving a data point to support that it’s not a myth.

Two Sigma TwvJ62 Nov 14, 2018

I forgot what the proper term for it was but the wage shown on h1b is a floor and doesn’t have to be actual. In this case Netflix presumably wants to keep actual salary data secret.

Netflix local:8080 Nov 14, 2018

They only report slightly higher than prevailing wage, numbers are not inflated. My H1B reported salary was almost half of what I make

Capital One 4962798 Nov 14, 2018

IANAL, but doesn't it have legal implications? EDIT: just saw a comment below, "the wage shown on h1b is a floor and doesn’t have to be actual"

Affirm ninjatark OP Nov 14, 2018

Ah I see what you mean, that might be true so that prospective candidates doesnt ask for the same. Very smart move from Netflix.

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Netflix local:8080 Nov 14, 2018

Curious how you arrived at that number? The state tax I paid last year was ~8%, rent is about 10% more (worked in Seattle before)

Microsoft DOyu71 Nov 15, 2018

Look at bankrate and other sites. Col 20% difference, tax 10%. 30% total. Probably not 250 to 400 though.

Netflix Az2H91 Nov 15, 2018

I have 6 yoe, with 400k TC. I was ~220k at my last company. the pay isn’t a myth. Can also confirm that H1B pay can be similar from the job postings I’ve seen posted internally which are specific to H1B applicants.

Microsoft TegridyBud Nov 15, 2018

Did you have any trouble getting a H1-B stamp with a discrepancy like that?

New
@!!!! Nov 15, 2018

Were you at Microsoft before @Az2H91?

Microsoft TegridyBud Nov 15, 2018

Not a myth. They just don't want to advertise what they pay. If you look at 2015 salaries it'll showthe true figures

Netflix Oriijeenal Nov 15, 2018

Technically they are at par with other fang .. since we just have cash it shows up that way Others give lower base but higher stocks At the end if you are a good engineer you get paid well

Netflix anonynon Nov 15, 2018

High pays are definitely not a myth. 7yoe - 420k