What is a realistic TC expectation for a PHD fresh grad in Deep Learning in CS?
Hello, I am just wondering what is realistic TC expectation for a PHD fresh grad in deep learning in computer science. It seems that the TC can varies a lot in different companies. Even within FAANG, there are many different levels and TC packages.
I estimate that for the low end, it is around "100K + no equity"; and maybe for the high end, it is around "170K + 500K(4 years vested) ". But I am not sure how many people are there in the low end and high end respectively (if 80% of the people are in the low end and only 1% in the high end, I probably shouldn't expect TC be very high).
And I am also wondering that will the big internet companies (like FAANG, uber, airbnb etc) be able to continue to pay stocks to new hires in the future? What is the FAANG, uber and airbnb 30 years ago (are they semiconductor/hardware companies like Intel, IBM, Cisco, HP etc)? And do those semiconductor/hardware companies pay that many stocks to new hires 30 years ago (it seems that right now the total TC in semiconductor companies is quite low and they do not pay stocks)? The reason I am asking is that the stock actually accounts for a very big percentage of TC, and if the internet companies stop paying stocks, a high end TC will only be 170k per year (considering silicon valley is very expensive to live, 170K is very hard to save up anything). So I am just concerned that maybe in one day, the internet company will stop paying stocks, just like the semiconductor companies.
Because I don't know anyone who is in the semiconductor industry for 40 years and don't really know what the TC was like working in semiconductor companies 30 years ago when there was a boom in semiconductor industry. If anyone knows anything about it, can you please shed some light on it? I am very concerned that history will repeat itself and internet companies will eventually become today's semiconductor companies.
I am sorry for the long post. Thank you.