I'm interested in moving into the AV space soon, of which Waymo seems the clear winner for now, but reading through Blind, their offers seem really low in comparison to other AV companies. Base is lower than average, and even if Waymo wins big in the future (HUGE if), 10xing on 20k worth of RSUs and options a year still puts you at a lower salary than if you just joined Google. How do they hire and retain engineers like this?
They don’t NEED you.
If you haven't noticed, Alphabet is under pressure to tighten finances. You can search all of the cost cutting measures at Google as well.
It's going the way of gamedev. It's cool and way too many qualified people want to do it, so supply/demand dictates they don't have to pay you top dollar any more
Just wonder do you recommend doing PhD in CV or recommender system? In this case, CV is not a good choice because AV industry is not making good money?
Any Googler moved to Waymo SWE or PM and can say if the base changed and what is the way RSU/options are given? let's say if google RSU 4 year grant was 200K and you move in year 2, what is the expected option value I will get if I moved? (0 because they assume I already have google RSU so why bother?)
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Because if you pass someone else will take it
I mean that's just as true for Google or any other big tech company right?