SpaceX

New
Uk5bNP

New

Uk5bNP
Oct 31, 2019 8 Comments

I heard that SpaceX has a high turnover rate. Anyone know if this is true?
How competitive is the pay for sw engineers?

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  • SpaceX / Eng
    SlaveX420

    Go to company page SpaceX Eng

    PRE
    Freedom.to
    BIO
    Now we're all just slaves to our billionaire overlords.
     SlaveX420
    Yes it's high. Half of those that worked at the company the day before I was hired have left in 4 years. Many addional people hired after me have come an gone in 4 years as well. Which means the turn over rate is higher than 50% in 4 years. A well education approximation would be at least 15%per year. How do I know? The company used to give out mission patches of every launch with your seniority number on them which would decrease every launch as people who were more senior than you left. Of course budget cuts over the last 6 months took away this "perk".
    Oh and the stock is a whole other topic.
    Nov 10, 2019 3
    • SpaceX / Eng
      SlaveX420

      Go to company page SpaceX Eng

      PRE
      Freedom.to
      BIO
      Now we're all just slaves to our billionaire overlords.
       SlaveX420
      False. After all of the layoffs they started cutting alot of "perks" and this was one of them it was even pitched as cost reduction. We launched more in 2018 as well as in 2017 than we have in 2019
      Nov 10, 2019
    • Microsoft / Eng
      zxy098

      Go to company page Microsoft Eng

      PRE
      SpaceX, Tesla Motors
       zxy098
      A company that can't even afford to give numbered patches, something that's very valued by employees, has serious financial issues IMO
      Nov 14, 2019
  • SpaceX
    ElonJack

    Go to company page SpaceX

    ElonJack
    I haven't seen a terrible turnover rate, it was higher at Netflix.

    Pay is mediocre, they will often match your current base pay and then give a fairly average stock plan on top.
    Oct 31, 2019 0
  • Microsoft / Eng
    zxy098

    Go to company page Microsoft Eng

    PRE
    SpaceX, Tesla Motors
     zxy098
    If you're a SW engineer why would you want to work for a hw centric company? You won't be working on cutting edge sw tech nor will you be the center of attention for the company. Go elsewhere unless your desperate. Turnover is VERY high. Burn out is extremely common. Perks suck compared to just about any sw company (well maybe not Amazon)
    Nov 14, 2019 0
  • New / Eng
    Psynaptic

    New Eng

    PRE
    Neuralink
    BIO
    Working on Brain Machine Interfaces
     Psynaptic
    Yes, turnover is high at Musk companies. Compensation is meh, actually bad if taken into account actual hours worked.
    Oct 31, 2019 0
  • SpaceX / Eng
    darkarchon

    Go to company page SpaceX Eng

    PRE
    Google
     darkarchon
    Will match TC from a lot of places, but with mostly paper stock. Competitive compared to most of Los Angeles, but not the bay area. Turnover isn't that bad, but people tend to drop off when their initial stock offer fully vests
    Oct 31, 2019 0