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I am currently evaluating two options for moving. Just going to be vague about the details as anything specific will easily identify me. Currently Sr EM at AWS with compensation close to 500K. 20 years experience all in FAANG. Option 1 - M2 (Google/Meta or similar) Compensation will be in the 650-800K range. Option 2 - VP Engineering in a Tech company (Zillow, Expedia similar company - 10 Billion valuation, PE of 15-20, not a Unicorn, 15-20 year old) Compensation will be in the range of 600-700K Option 1 compensation is slightly higher and much better benefits in comparison to Option 2. But I am trying to optimize longer term goals. I am thinking to join the VP role and move back to FAANG after 3 years at a Director in FAANG / Partner at Microsoft with a top range comp (close to Million $). The Promotions to Director within FAANG are really slow and highly dependent on Luck and your setup within the Org.
This is obviously dependent on the company for #2 but both Zillow and Expedia VPs should be level higher than FAANG M2 in terms of leveling. I’ve seen VPs from med size public tech companies most consistently leveled to FAANG Director. Interestingly enough Amazon had a Hulu SVP join as VP, and then a Hulu VP also join as VP
Amazon VP band is really broad. Other companies like Meta has 5 internal levels of VP and 2 internal level of Directors.
VP at a public company of size 10b wins hands down. It doesn’t matter if you are an M2 at Meta and managing a huge product. The decisions you will make have more impact and you will have more power as a VP. You will learn a lot more which is needed even if you want to join FANG later. An M2 at Fang is just another manager
I can see why employees at companies like mine and Zillow rattle on about incompetent leadership when we have FAANG managers coming over and skipping two levels lol. You’d better learn to swim fast if you make that choice.
Is 500k for Senior Manager normal?
I mean, L6 managers (level below senior manager) were getting 500k + offers during the pandemic. Wouldn’t call that normal though. Idk what the new normal is.
Normal if you’re promoted inside when stock was high.
What’s your current scope? How many people, teams and managers you support?mid size companies have title inflation and we know that. This gets discussed in candidate reviews and VPs might downlevel based on your scope.
This sounds like OP’s plan, to downlevel to Director when boomeranging back to FAANG
Current role is around 30-35 people. The title inflation is there is there in the new company but not to the VP level.
Once you join as VP it is hard to even think about Director. You probably will aim for SVP at a fortune 100 or even a CTO at a well funded mid size startup after a couple years. You are also more likely to get involved in things like venture capital… So yeah, do VP route.
Your meta offer seems to be low for M2. You should be able to get 900-1 M with 20 yoe. The band goes all the way upto 1.2M If you want to hit a million sooner, joining meta makes sense. Just negotiate better If you want the Director title more, then going the other route makes sense. Just one word of caution, you will need an external VP title to come to faang as a director. I have seen plenty of directors join meta as M2 since they get downleveled most of the time. A VP title outside will position you well for a director at meta
Try Uber. You may land a director and we pay more than meta.
No offense but don’t you need an offer first ?
What do you mean? Already discussing numbers . I can only get a final offer once I say Yes.
Ok nice, misunderstood your post. Congrats ! Looks like a good dilemma to have
What’s your level at Amazon? Is it L6?
L7.
Your TC sucks at Amazon man! Last year they offered me ~500k for L6