If Amazon is so bad, why is it part of FANG ? Just because Kramer created the term due to market capitalization ? Or is it because Amazon pays well and can pay in the FNG range ? (Even though perks are less)
FANG is an investment term. Like you suggested, Amazon is a part of FANG because Cramer decided to add it.
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Amazon: - 'F*NG membership' oscillates. - Pays well at higher levels (L6 & up); gotta strive hard to rise up the levels though. - RSUs/stocks help if you're patient cuz of the way they've risen last few years. - No perks..but oh well, adults can pay for their own food/laundry/haircuts.. P.S.: For 'F*NG' -> each one has its upsides & downsides..so no company is truly immune to criticism by someone.
a tech company with one of the largest market capitalizations in the world, of course they will be included in any list of top tech companies
Microsoft is second to Amazon by 12B, and GOOG is another 50B behind that and FB is WAY behind. The term is not about market cap - it was about growth.
Wait who said Amazon doesn’t pay like the rest? Well first of all you should not compare Amazon Seattle to Facebook San Francisco. Cost of living is lesser in Seattle and it also helps that there is no state tax. With that out of the way, I can speak for SDE2 level roles but essentially Google and Microsoft roughly had similar offers to what I make at Amazon (plus 20k but with some tough negotiating and multiple offers). Of course Google has some added value with its perks...the one where they pay for you to take courses seemed like legit value).
Great on pay and being in FANG, but wait till you have an emergency, family members not doing well, kids sick or you sick then watch what happens
You probably had a shitty manager, can happen anywhere
I don't work there, I have great manager and recently dealing with my mom who is sick and my manager couldn't be better here at msft. Now watch what would happen had I been at Amazon. Heard what happens over there. Mine as well put mother in home as far as they are concerned
It’s all classic dick measuring. (I tried to be gender inclusive here but blind has apparently banned the equivalent word). The reality is that whether you work at FB, MSFT, AMZN, GOOG you’re in just about the best shape you can possibly be in as a Comp Sci major and are extremely mobile if you’re smart enough to impress in an interview. Netflix is different because they hire almost exclusively senior devs from what I’ve heard (must be a dream over there tbh).
On Blind, it's all about TC and prestige. FNG has the best combination of both. It's tier 1. Amazon, along with Microsoft, is tier 2.
A lot of people at Amazon made more money when stock growth was factored. So TC doesn't always capture the full picture. You could argue that people could just buy Amazon stock but when you consider that most people didn't do that, and that Amazon employees' RSUs were locked up and had already appreciated considerably before they could even touch them, all you're left with is prestige. Prestige is cool though
TC based on stock growth is not non argument because it's unpredictable. The consensus in the industry is that FNG pays the most in tech, period.
Amazon pays nothing like FNG.
Really? L6 and L7 level doesn't seem that different to me. Band variance and overlap is bigger at Google and FB. University hires maybe a 10% difference. Big difference is in refresher policy and treating stock gains as your raise.
L7 is not the same