I heard SWE has good pay and WLB. TC:230K
FAANG is not the benchmark or the "tier 1" companies. Non FANG companies can be considered Tier 1, and some FAANG might not be T1. Depends on your definition of tier.
No. Jane Street, Two Sigma, etc > Google, Facebook, Stripe, etc > Apple, Microsoft, Amazon, etc > SAP, IBM, etc > Raytheon, Northrop, Boeing, etc
If this is based on pay then add companies like Splunk after stripe.
The A in FANG is Albertsons.