Tech IndustryMar 27, 2023
MetaMalibuMike

TC at Shopify still low?

Hows the comp at Shopify? Is it still low relative to FAANG? I'm an underpaid IC6 interviewing for a L8 (maybe) role at shopify. Thoughts? I feel like there might be more pay upside with Meta, but better growth in leadership at Shopify. Also I'm pretty tired of working here and working in social media in general. TC: 240k base/ ~100k RSU/ 20% bonus @shopify #shopify #meta #facebook #comp #tc

Shopify bonusbo Mar 27, 2023

Is this eng or which function?

Meta MalibuMike OP Mar 27, 2023

Analytics Engineering at Shopify. I'm a data engineer at Meta.

Shopify $hop Mar 29, 2023

L7 starts around 300 to high 300 or 400 I believe. Didn't have much data point for L8 tho

Shopify $hop Mar 29, 2023

and that's the TC which you can allocate to cash vs stock options vs RSU. Of course, there are minimum/maximum for each portion

Meta MalibuMike OP Mar 30, 2023

Is there a min of each? How does that work? Is it a dollar for dollar trade cash vs rsu?

Shopify slimshop Mar 30, 2023

Which location?

Meta MalibuMike OP Mar 30, 2023

Bay Area

Shopify slimshop Mar 31, 2023

L8 will get you 500-650 in the Bay Area I think. Not many L7+ folks out there. But benchmarking NYC based L7s, it’ll be in that range. L8 pay maps to L6-L7 range at meta.

Shopify RmP31 Apr 3, 2023

It’s gone up a lot. But not the same company as before. You should be able to easily get higher comp than ur current TC as an L8

Shopify twyning Apr 4, 2023

You can double your tc but company is a mess