Levels.fyi
How accurate is levels.fyi for offers?
Levels.fyi
Not great but gives a rough idea
Issues with accuracy?
It’s like choosing a politician. Something better than nothing.
Sometimes no politician is better
That’s when you realize Levels.fyi isn’t too 😄
It has wide ranges today but will settle into narrower bands over time as more people treat it as source of truth and derive their compensation expectations.
The biggest issue I see is with people putting their entire stock package in for year one comp instead of splitting it over the vesting period (3-4 years). The rest of the numbers seem good enough to get an understanding of what is going on.
how do you know they put all RSUs? I find it pretty accurate
I mean sometimes you can just tell, especially if you got an offer from the same company for the same level. People make the mistake of putting both years of amazons signing bonus as well.
Very accurate IME. I would have undercut my worth by ~75k if not for levels.fyi
It's pretty accurate. People often fuck up bonuses and to a lesser extent stocks, but it gives you a good idea of what to expect from each company.
Bonuses and stocks are the most highly variable numbers in compensation. I'm sure it does happen sometimes that people enter them wrong, but also some of the unbelievable numbers are real.
I'm not talking about that. What I'm saying is people often don't know what counts as a bonus and there are people who fuck up calculating their stocks per year. Has nothing to do with believability.
Way better than the alternatives
It's pretty accurate for Google. I've compared it to the internal pay comparison spreadsheet and it's about the same.
Seems like they are also collecting verified compensation information now through uploaded offer letters: http://levels.fyi/addcomp.html Their data’s been the most accurate I’ve seen as someone who just finished up recruiting
It gets the job done. Are you talking about the offers or the level mapping?