Netflix base pay 500k

Feb 25 17 Comments

Levels.fyi shows the senior software engineer at netflix base pay Is 500k. Stock and bonus not listed. Sure TC is about right as other tech but how base is that big ? I do see they have only 2 levels though new college grad and the senior. So we missing on data inputs and this could be only for big shot in company? If netflix employees can comment

Yoe 6
Tc 250k

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TOP 17 Comments
  • Meta
    neopets

    Go to company page Meta

    neopets
    Netflix doesn’t pay rsus. Their philosophy is if you want stock buy it with your base
    Feb 25 0
  • Netflix
    pickmenow

    Go to company page Netflix

    pickmenow
    Netflix is all cash. No stock or bonus. $500k base from Netflix is the same as saying $500k TC from other FAANG.
    Feb 25 2
    • Google
      DumDummy

      Go to company page Google

      DumDummy
      Can’t you buy options at discount so the 500k is more?
      Feb 25
    • Netflix
      WmuM44

      Go to company page Netflix

      WmuM44
      The options come at a discount, but not the sort of discount you're thinking. While the options you can buy with your salary are leveraged so every 40% they go up in market value, you gain a 100% return, you need your options to go up that first 40% just to get back the money you used to buy the options.

      So, if the options had a strike price of $500, when the stock price is $500 or less, the options are worth $0, and you've lost money.

      If the options are between $501 and $699, you've still lost money.

      At $700 you break even. At $900 you double your money, at $1100 you triple your money, etc.
      Feb 25
  • Netflix
    purplemid

    Go to company page Netflix

    purplemid
    New grad program is very new. The pay for that is ~250k including sign on bonus.

    The median for senior software engineers (what they traditionally only hired) is around 550k.

    Both are all cash.
    Feb 25 1
    • New
      K1000

      New

      K1000
      Hey, can you dm me?
      Feb 25
  • Amazon
    rcjj

    Go to company page Amazon

    rcjj
    There is basically only base in Netflix and like 5% or something of your base in options
    Feb 25 1
  • Meta
    ૮₍ ˃ ⤙ ˂ ₎

    Go to company page Meta

    ૮₍ ˃ ⤙ ˂ ₎
    Yes, Netflix pays all cash.
    Feb 25 0