How Much FAANG Pays Software Engineers in 2022

  Рет қаралды 232,379

Codebagel

Codebagel

Күн бұрын

Software engineering is one of the highest paid professions right now, and compensation continues to increase.
And at the very top of this pyramid we have what people call the “FAANG” companies, which stands for Facebook (now Meta), Apple, Amazon, Netflix, and Google. These big tech firms are regarded as the most prestigious and highest paying companies on the planet.
But how much do they actually pay?
📘 Chapters
0:00 - Intro
1:27 - Facebook
3:56 - Apple
6:08 - Amazon
8:09 - Netflix
9:53 - Google
12:05 - Conclusion
🔗 Resources
Levels.fyi: www.levels.fyi/
News Article 1: www.bnnbloomberg.ca/amazon-is...
News Article 2: financialpost.com/fp-work/mic...
#faang #salary #compensation

Пікірлер: 357
@jackmcgreevy9283
@jackmcgreevy9283 Жыл бұрын
Given Facebook's name change to Meta, I think it only makes sense to replace the FAANG acronym. My suggestion? MANGA
@spencer2294112
@spencer2294112 Жыл бұрын
Uhh everyone has been suggesting that for the past year
@echoptic775
@echoptic775 Жыл бұрын
Uhh not these weebs again
@jannatsaikat
@jannatsaikat Жыл бұрын
Google is Alphabet so what's about MAAAN! O MAAAN!
@killerbee115
@killerbee115 Жыл бұрын
Microsoft??
@jaydenrussell7491
@jaydenrussell7491 Жыл бұрын
Idk I would rand MAANG Tbh as manga already stand for something else
@liam1902
@liam1902 Жыл бұрын
Great video! You could even expand this as a series by making other videos breaking down FAANG RSU vesting schedules, benefits/perks, COL breakdowns, and various other things.
@Codebagel
@Codebagel Жыл бұрын
I have various videos in the works for this! Next video on this topic will be about the interview processes at each FAANG, followed up by a video on stock & vesting schedules!
@Spiderman-tz7xs
@Spiderman-tz7xs Жыл бұрын
This video was fantastic. It is quite beneficial. I subscribed and shared it with all of my friends.
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! If you liked this one, my newest video about FAANG/MANGA interviews is being uploaded right now, and will be public in about 5 minutes!
@source144
@source144 Жыл бұрын
Great video but I'd add that even though levels is accurate, you should consider the location of the positions as it pays a role in the TC given for the same level
@nicholasiverson5047
@nicholasiverson5047 Жыл бұрын
Great video! this is bound to blowup
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! I really appreciate the nice words and support!
@cosmicgeo001
@cosmicgeo001 Жыл бұрын
This was probably near the top as far as salary breakdown goes. But what about data scientists, product managers, etc.?
@Codebagel
@Codebagel Жыл бұрын
I’ll definitely consider making those in the future! This channel is mostly dedicated to software dev, but I might add a bit of PM in there so we’ll see!
@sirajqazi3287
@sirajqazi3287 Жыл бұрын
+1 for making a video on data scientists!
@cosmicgeo001
@cosmicgeo001 Жыл бұрын
@@Codebagel Thanks and I did see your SWE v.s. PM video so that helps paint a picture. But many of us would still like to see more videos about other roles in tech.
@zaidnissar356
@zaidnissar356 Жыл бұрын
Great video! Absolutely keep making content you’ll do great
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! Uploading my next one tomorrow, hoping people enjoy it as much as this one! :)
@aluttestephen682
@aluttestephen682 Жыл бұрын
90th subscriber, I really liked ur video and it was really highquality, thank you 😊
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! I appreciate the kind words, as well as the subscription!
@abderrahmaneboulkenafet1720
@abderrahmaneboulkenafet1720 Жыл бұрын
For a new youtube channel . And i guess a new youtuber . Your work seems professional,wow . Well . Subscribed
@Codebagel
@Codebagel Жыл бұрын
Thank you!
@topperdude2007
@topperdude2007 Жыл бұрын
Good informative video - thanks for mining through the data online and putting it together in this video. I also have your interview process and SE vs Prod Mgt video lined up. Quick question - Are the salaries mentioned here specific to a region? It would be quite helpful to get some insight into how salaries at these companies vary depending on region (Bay Area/Silicon valley versus Austin, TX vs NYC etc. where they have offices especially as remote work gets more "normal")? Keep up the great work. 👍
@Codebagel
@Codebagel Жыл бұрын
Thanks so much for the support! Great question, the data presented in this video is an average of all regions, but I could definitely make a future video that breaks down regions a bit better. In general, Bay Area is around 15-20% higher than these salaries, Canada is about 20-30% lower. The averages are close to accurate in the other places.
@bledarhaxhia
@bledarhaxhia Жыл бұрын
How is possible to include Netflix in top tech companies but not Microsoft?! I think Netflix is a big company but not as big as Microsoft in tech world.
@moviesanbu9476
@moviesanbu9476 Жыл бұрын
In the tech work Faang is just an acronym it's also means the top companies Microsoft included faang is just easy t o pronounce add m and everything falls apart
@marcelocardoso1979
@marcelocardoso1979 Жыл бұрын
@@moviesanbu9476 FAANMG seems like someone choking while trying to scream...
@emmanuelakalusi3690
@emmanuelakalusi3690 Жыл бұрын
@@marcelocardoso1979 FAMANG
@iamyoda66
@iamyoda66 Жыл бұрын
The new FAANG is MAMA - Microsoft, Alphabet, Meta and Amazon. Netflix currently has a market cap below Zoom. So clearly not in this class. Also, the RSU vest over 4 years and unless you get more, that is that. The sign on bonus is for the first two years or so. So basically to make these salaries you have to keep job hopping between these companies. If not, your total comp could actually decline. Also, these are top of the market compensations and likely isn’t the case as of today since most have cut hiring.
@prestonrasmussen1758
@prestonrasmussen1758 Жыл бұрын
It’s because FAANG isn’t a tech acronym, it’s an investment one. It was coined because at the time these were the companies that were experiencing huge stock growth percentage wise
@abetts123
@abetts123 Жыл бұрын
Good to compare this to the longevity of the position
@aninditabatra3810
@aninditabatra3810 8 ай бұрын
wow i loved this video! best explanation ever
@debbh274
@debbh274 Жыл бұрын
Thank you. It's inspirational..
@NI-zd5ko
@NI-zd5ko Жыл бұрын
Considering that most of these companies are in located in the SF Bay Area, the entry level salary is not that good… you’ll have a slightly nicer than average lifestyle but that’s pretty much it
@mijbah577
@mijbah577 Жыл бұрын
Hey , i am your 100 subscriber . you are more good job. ❤❤
@Codebagel
@Codebagel Жыл бұрын
Thank you!!! I’m super appreciative to hit 100 subscribers! Stay tuned for more videos like this one, got one coming on Monday!
@UseyDaNinja
@UseyDaNinja Жыл бұрын
Note these numbers vary wildly depending on location (as much as x2.5 difference)
@Codebagel
@Codebagel Жыл бұрын
Very good point, I should have made this more clear in the video!
@kartikeyakrishna3973
@kartikeyakrishna3973 Жыл бұрын
How?
@muhammadalirasheed8894
@muhammadalirasheed8894 Жыл бұрын
Very Informative video man 👍
@Codebagel
@Codebagel Жыл бұрын
Thank you!
@robinthebright
@robinthebright Жыл бұрын
pls also create video for SDETs, Test engineers or QA engineers
@Codebagel
@Codebagel Жыл бұрын
Amazon L6 is Senior Engineer and Amazon L7 is Principal Engineer. Compensations are accurate for both, but I spoke incorrectly in the video. Thanks to those who pointed this out! NEW VIDEO on FAANG Interviews: kzbin.info/www/bejne/jYS1cqaBrM99g6s
@spencer2294112
@spencer2294112 Жыл бұрын
Amazon redid their compensation bands so the levels.fyi data is a bit out of date. Example: new grad l4 is paying 200+ in premium markets like NY, Seattle, Bay Area.
@Pscribbled
@Pscribbled Жыл бұрын
For Amazon L6/SDE3 is actually ‘senior sde’. L7 is PE/Principal Engineer
@Codebagel
@Codebagel Жыл бұрын
Yep, pinned a comment about this. Made a mistake in phrasing, my bad!
@RagingMonkee
@RagingMonkee Жыл бұрын
Well for starters, Facebook/Meta was actually having a hard time picking up engineers because of all the bad press they've been getting the last few years. That's why they disrupted the market and increased salaries the back half of 2021. After that the pay difference was so high, SWEs were running to get in on the action. Then in December 2021, the other Big Tech companies started to raise their salaries as well. This sort of warfare has been going on for at least a year and it's causing major shifts in engineering talent.
@lucascolepichette5970
@lucascolepichette5970 Жыл бұрын
Another good note. Having worked at Amazon before, Stock/yr likely isn't accurate. I've received a figure close to the shown Stock /yr, but it was actually my flat stock (RSUs) distributed over varying terms (such as, after each year of employment, more RSU is "unlocked". These are partitions of the RSUs "granted" to you on-hire, just locked until you reach certain benchmarks). Likely, those who enter their figures for Stock report their stock gains on-hire, which they slowly gain access to, as opposed to gaining that same amount each year. Perhaps I just got thrown a really low amount of stock though.
@Codebagel
@Codebagel Жыл бұрын
The website might not account for adding vesting complexities. A few friends in this space have said the website is relatively accurate, but everyone has a unique situation.
@jonsturgill_
@jonsturgill_ Жыл бұрын
Also add in the fact that as stocks vest over the 3yrs you’ll be taxed 40% of those. My rule is you’ll lose half the stocks unless you have a good cpa who can preserve them.
@Codebagel
@Codebagel Жыл бұрын
@@jonsturgill_ great point! I’ll be sure to make a point of including that in my video on equity-based compensation.
@sulimlitaev1059
@sulimlitaev1059 Жыл бұрын
you deserve more subs my man
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! I hope I can keep making videos to deserve ‘em!
@mikenextera6065
@mikenextera6065 Жыл бұрын
I like Netflix's model of just paying all of the salary in cash. I would prefer to be able to choose what I invest in. Not that I couldn't sell the stock and do that anyway but it's just easier to not have to go through all of that.
@Codebagel
@Codebagel Жыл бұрын
It’s definitely a unique approach, and it’s a way they’ve been able to retain all of their talent. Plus, the way stock works at tech companies, you often can’t sell it until you’ve stayed with the company for a few years, so people who leave early don’t end up getting all of it.
@michaelbenoit50
@michaelbenoit50 Жыл бұрын
@@Codebagel For most public companies you can sell the stock as soon as it vests. Sometimes you can even have the broker auto sell the stock so that you don't even need to worry about it. The stock usually vests once a quarter so as long as you stay for a quarter you'll get stock.
@ajaydeo2474
@ajaydeo2474 Жыл бұрын
@@michaelbenoit50 no usually the vesting period is 1-3 years, as a method of retaining staff. never heard of it being a quarter. Could be wrong though
@DaReaLSy
@DaReaLSy Жыл бұрын
@Ajay Deo I think mongo vests quarterly after the first year
@theeALister
@theeALister Жыл бұрын
@@ajaydeo2474 You are wrong. Many of these companies do have multiple vesting periods each year, with Amazon being the most obvious exception as theirs is annual and you only get a small percentage (5% year 1, 15% year 2, 40% year 3 & 4) each year.
@mr.mystiks9968
@mr.mystiks9968 Жыл бұрын
Netflix does pay in stock, but gives you the freedom to decide how much is salary and stock.
@cosmicgeo001
@cosmicgeo001 Жыл бұрын
That’s good to know.
@bratwurst7774
@bratwurst7774 Жыл бұрын
Wow. Best thing to do would be taking as little as possible in base salary and the rest in stock, right? At least if you want to build up some Capital in the long run
@mr.mystiks9968
@mr.mystiks9968 7 ай бұрын
@@bratwurst7774replying a year later since I watched the vid again. but taking everything in stock might not be the right move. you don’t get your stock every 2 weeks. it might be every 3 months. when you receive the stock grant, it gets taxed. at that point, you have to immediately sell a small portion to pay for living expenses. if the value goes down, 100% of your pay just went down. if it goes up, congrats 100% of your received stocks have gone up. it’s super risky. in the short term stocks don’t change drastically and constantly go up and down. over the long term it’s a gamble to assume Netflix will be dominant (remember Blockbuster’s fall).
@ea1766
@ea1766 Жыл бұрын
Nice video!
@Codebagel
@Codebagel Жыл бұрын
Thanks so much!
@mrED123
@mrED123 Жыл бұрын
loved the video, super informative! One thing is that all the graphics and all the visuals are weirdly jagged, maybe this is because of the rendering or what but for future videos you should fix that!
@Codebagel
@Codebagel Жыл бұрын
Hey thank you! Do you mind explaining what you mean by weirdly jagged? I want to fix this so it’s not an issue in future videos, I’m just having trouble understanding what the issue is. Thanks so much for the feedback!
@coltcalderock3278
@coltcalderock3278 Жыл бұрын
@@Codebagel in my eye, they seem lower resolution. amazon logo hits the hardest, focus on the outline and you'll pinpoint it. GREAT video!!!
@horologie
@horologie Жыл бұрын
@@coltcalderock3278 I think this is only an issue you're having. It looks perfect to me.
@ngst
@ngst Жыл бұрын
when people say faang (in this context) they really just mean like 180k+ tc, pretty much all the same at that comp level. Just dont only apply to faang, dozens of other companies that pay the same and more
@Codebagel
@Codebagel Жыл бұрын
100%! I might even make a list in the future of all companies that are in that range.
@zaanburrell1586
@zaanburrell1586 Жыл бұрын
@@Codebagel please do so
@ryansamarakoon8268
@ryansamarakoon8268 Жыл бұрын
There's a higher tier on this pyramid. HFTs like optiver, Jane Street, IMC are leagues above faang. Jane Street for example pays close to 400k to just new grads
@georgebrantley776
@georgebrantley776 Жыл бұрын
More than 500k these days
@hanial-hayyawi4578
@hanial-hayyawi4578 6 ай бұрын
Would you please do a similar video for cybersecurity engineers? That would be greatly appreciated.
@eth6706
@eth6706 Жыл бұрын
The new acronym is MANGA
@sami-iami
@sami-iami Жыл бұрын
I much prefer GAMMA. Let’s make that a thing!!
@sami-iami
@sami-iami Жыл бұрын
Can we please make GAMMA a thing?? Netflix doesn’t belong in there but Microsoft does. It also sounds cool as shit. G - Google A - Apple M - Microsoft M - Meta A - Amazon
@samurai_panda
@samurai_panda Жыл бұрын
MAGMA
@sami-iami
@sami-iami Жыл бұрын
@@samurai_panda SMEGMA
@AbadBoyTV
@AbadBoyTV Жыл бұрын
Great vid
@Codebagel
@Codebagel Жыл бұрын
Thanks so much!
@natejoseph6710
@natejoseph6710 Жыл бұрын
50th subscriber!
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! Super happy I hit 50, next stop is 100! :)
@KILLCHRISU
@KILLCHRISU Жыл бұрын
love the presentation on this 👍
@Codebagel
@Codebagel Жыл бұрын
Thanks! I’m glad you enjoyed!
@JohandryAmador
@JohandryAmador Жыл бұрын
Big numbers, now take away taxes and the highest prices of real state in California, specifically in Bay Area, where most of this companies are. Yet, they get big numbers but not all that. 😔
@Mango_Pnch
@Mango_Pnch Жыл бұрын
Most companies do remote so…
@Codebagel
@Codebagel Жыл бұрын
In certain cities in Canada, such as Vancouver or Toronto, the cost of living is higher than in California, and they get paid almost half as much when you factor in lower salaries, higher taxes, and currency conversion. Same with many European countries. The Bay Area still seems to be the place to be, we’ll see how that changes over the coming years though!
@ChrisLow06
@ChrisLow06 Жыл бұрын
Table representation might be more consise and easier to compare
@chrisguevara
@chrisguevara Жыл бұрын
What happens when Netflix falls out of the top software engineering companies?
@cheut
@cheut Жыл бұрын
What are they going to change the acronym to when Netflix folds?
@moviesanbu9476
@moviesanbu9476 Жыл бұрын
Is this monthly or year?
@itslikemagic123
@itslikemagic123 Жыл бұрын
Facebook rebranded as meta and Netflix took a huge tumble… it’s time to change the faang acronym
@Codebagel
@Codebagel Жыл бұрын
Do you not think Netflix will recover? And yes I agree about Facebook changing to Meta, I’ll change it for the future.
@itslikemagic123
@itslikemagic123 Жыл бұрын
I still see a lot of people calling it faang it’s just kind of weird at this point. Netflix probably won’t get back to its peaks. Streaming is pretty much a solved industry at this point and now it’s just a fight for content. Now every network has their own service so Netflix will never return to its glory days as king of streaming.
@truthteller8965
@truthteller8965 Жыл бұрын
Thanks for sharing this valuable data Does anyone know how much percentage tax is paid on the stock compensation by employees? Since a big component of these packages seems to be stock compensations
@rohan5977
@rohan5977 Жыл бұрын
you have two choices: you can pay ordinary income tax on the comp when it's given and pay long-term capital gains taxes on the gain when you sell, or you can pay ordinary income tax on the whole amount when it vests
@pvic6959
@pvic6959 Жыл бұрын
me working at FAANG: learning im paid less than what my company should be paying based on this video
@eliasburhan2932
@eliasburhan2932 Жыл бұрын
Great video, If you could make a video about how to land a job on these companies? And share some necessary skills to have to easily get job in these companies; and resources to make those skills. That would be very helpful for me and many other people.
@Codebagel
@Codebagel Жыл бұрын
100%! That’s what my channel is going to be focused on for the next few months! I’ll be uploading a ton of videos on the skills required to get past the interviews!
@eliasburhan2932
@eliasburhan2932 Жыл бұрын
That's awesome 😘
@lucascolepichette5970
@lucascolepichette5970 Жыл бұрын
It's interesting to note insider (CEO and other big players) record sellouts. Whether this is due to loss in confidence of market, their companies, or the economy as a whole is something (or perhaps because of something else entirely, such as worries of tax hikes) I haven't the slightest idea of. Musk has sold billions in recent months in TSLA Bezos has sold about 10 billion in AMZN Zuckerberg has sold about 4.5 billion in META Two Google founders have collectively have sold about 3 billion Nadella has sold half of his MSFT shares, equating to about 300 million I wonder if this is correlation, or a general downward trend in the tech industry? I haven't looked into it, but I'd also be interested to see if this can be seen in other nations as well. How will these shifts reflect on wages? Are they temporary; will there be a bounce-back?
@Codebagel
@Codebagel Жыл бұрын
It is an interesting trend to look into. Right now there’s definitely a tech bubble that’s bursting, alongside the global recession that seems to be just starting. With layoffs and hiring freezes in the tech space, only time will tell if this is temporary or if tech salaries and jobs will start to slow down. Personally, I believe it’s similar to the stock market. Through recessions things fall a bit, but eventually, they return to their place. These huge companies demand top talent and will continue to keep salaries at a competitive rate, so the only way I could see compensation falling in the long run is if every large tech firm decided to collude and drop salaries together. Thanks for the insightful comment! I really enjoy having these types of conversations!
@MisFakapek
@MisFakapek Жыл бұрын
there is going to be a large market correction so it's understandable that they want to sell now. I would do that even if I had extreme faith in the company, as if I would sell at high and buy at low I would be able to get a lot more stock effectively for free.
@ohsehun6470
@ohsehun6470 Жыл бұрын
nothing to do with the tech industry, we're just heading into a period of recession and uncertainty. Covid, war, inflation, everything crashing, political instability...
@krishnakeshav23
@krishnakeshav23 Жыл бұрын
True. Selling is due to market correction. Today also they have a very long term vision and an established cashflow. 5 years at least. There will be a buyback of these shares once the market has reached bottom.
@SohanSarabu
@SohanSarabu Жыл бұрын
Amazon’s starting salary numbers are incorrect.
@nasimmahamud6304
@nasimmahamud6304 Жыл бұрын
Wanna see ui/ux designer salary.... BTW great vedio
@Codebagel
@Codebagel Жыл бұрын
Thanks so much! Check out levels.fyi for salaries on UI/UX!
@berthje7201
@berthje7201 Жыл бұрын
How does the stock thing work? Can u sell it or?
@Codebagel
@Codebagel Жыл бұрын
Yep, you can sell it once it vests, which is a fancy term for when it becomes available to sell. I’ll make a separate video on this topic in the near future.
@BillyBraga
@BillyBraga Жыл бұрын
Interesting video, but I suggest pacing a bit faster... I watch at 1.25x and there were still waiting times.
@Codebagel
@Codebagel Жыл бұрын
Oh awesome thank you! I intentionally slowed it down because I often speak too quickly, I guess I overcorrected a little bit! I’ll make sure to speed it up a bit next time.
@terrylsingh-jr1ze
@terrylsingh-jr1ze Жыл бұрын
These salaries are in Canada or US
@sciencemanguy
@sciencemanguy Жыл бұрын
I had no idea people made this much- I'm literally working as an AI specialist, specializing in reinforcement learning n stuff, got a Masters, and am working for barely above minimum wage as an AI specialist. How tf do you get interviews at these companies? I always send my resume through their application portals and never hear back. Actually, how do you guys break the $20/hr wage marker? (Note: I live in Michigan, US, if that helps).
@Codebagel
@Codebagel Жыл бұрын
I’m making a video on how to get past resume screening. They look for very specific things. Often knowing someone who works there and can give you a referral is the way in.
@kaz2499
@kaz2499 Жыл бұрын
What, $20? Interns make that much in comp sci. I don't know what "AI specialist" entails, but you seem way undervalued. I would look to see if there are jobs on job boards with your skillset to determine your market value.
@Codebagel
@Codebagel Жыл бұрын
@@kaz2499 definitely. This is why I make this type of video, to inform you what the market rates are at these firms. If you know what other firms are charging, you can value yourself out at more.
@sciencemanguy
@sciencemanguy Жыл бұрын
@@kaz2499 Ok, I just talked with a career advisor today and she thinks I was coerced into the position I am in because of some mental disabilities I have (namely a case of Aspergers), which hinders my communication skills. Apparently, my current employer has a track record of going to prestigious universities and tracking down mentally hindered people like me and get us. Thing is, I can't exactly quit because I'm living paycheck to paycheck. I also can't quit because I'm in the US on a visa so if I quit, I'm deported... So like genuine question, if I have a mental disability, does that mean that my market value is low? I'm still trying to wrap my whole head around this stuff. What exactly determines market value of an employee? Is it just whatever you get paid? Like, if you or someone else could help me on this that'd be great!
@kaz2499
@kaz2499 Жыл бұрын
@@sciencemanguy 1. Depends on the mental disability, but I don't think that is actually the reason for your pay. Unfortunately, people will take advantage of new immigrants, especially with your temporary immigration status being used against you. 2. Your market value isn't "lower", but rather unknown. Both the employer and employee come into the negotiation. Your employer, knowing your were vulnerable, took advantage of you and gained better terms. You had no choice. My dad experienced a similar environment, but he got married so he didn't have deportation hanging over his head. 3. First, I would advise doing a lot of research online as to what job titles are linked with your abilities. AI Specialist seems to be very niche, but can you handle the traditional software engineering role for a certain tech stack, for example? I would look up "technical resumes" on google to see if your resume is well made and presented. You basically need to do a lot of research regarding hiring practices, market value, what your job is, etc. Ascertain who you are and what your value is within the context of your field (comp sci). 4. I would start making an excel of job listings that are less than a month old, either manually or through scraping. Determine which companies would be willing to employ you. There is a huge shortage of talent, so now is a great time to find another job. 5. Start applying to 1/2/3/etc. jobs a day once you have your cover letter and resume perfect (have the career advisor review it). The key is massive quantity of application and attempting to get hits. 6. Review your employee contract with a lawyer specialized in employment law or at least familiar with it. Need to make sure there are no dangerous clauses like noncompetes or required employment periods. This is all I can think of off the top of my head. You recognized that you were being taken advantage of and that it the first step. Now, make sure to do your due diligence from now on. Best of luck.
@njpme
@njpme Жыл бұрын
These E-5, E-6, E-7...is night and day to what the military ones are 😂😂
@Cookie82772
@Cookie82772 Жыл бұрын
The KZbin algorithm smiles upon you.
@Codebagel
@Codebagel Жыл бұрын
Thank you algorithm 🙌 keep ‘em coming!
@jmatt98
@jmatt98 Жыл бұрын
I heard Tesla and Spacex positions are top choices for new grads.
@Codebagel
@Codebagel Жыл бұрын
I’m sure they’re excellent! They’re amazing companies!
@al-zayyadnalado118
@al-zayyadnalado118 Жыл бұрын
awesome video! tip: next time try to sound more natural and conversational. It sounded like u read off a script(which is fine). Other than that video was awesome and full of value!
@Codebagel
@Codebagel Жыл бұрын
Thanks so much for the feedback! Yeah I normally write scripts mostly so I have closed captioning for hearing impaired viewers, but I’ll make sure to work on the communication of the content :)
@programmershams
@programmershams 7 ай бұрын
pls make a video on how to get internship at FAANG
@Apipus
@Apipus Жыл бұрын
Could you do this for Marvell?
@easynametopronounce9533
@easynametopronounce9533 Жыл бұрын
Maybe a next video exploring the upcomers and unicorns
@Codebagel
@Codebagel Жыл бұрын
I have one in the schedule! :)
@almaescobar876
@almaescobar876 Жыл бұрын
What about just front end development? Or would they fall in this same category?
@Codebagel
@Codebagel Жыл бұрын
This is an average of compensations across roles from front-end to back-end. In general, front end development is pretty much accurate to this, maybe 5-10% lower but I wouldn’t put too much weight on that.
@billyboone69
@billyboone69 Жыл бұрын
This saleries yearly right ? Or per month !
@Codebagel
@Codebagel Жыл бұрын
It’s yearly!
@briantep458
@briantep458 Жыл бұрын
can you make a video for 2nd tier companies "NOT FANG" so i dont cry myself to sleep at night?
@zhuiguangliu5860
@zhuiguangliu5860 Жыл бұрын
Amazon leveling is inaccurate here in this video. L6 is Senior level, and L7 is Principal level (equivalent to Staff/Senior Staff at Google).
@Codebagel
@Codebagel Жыл бұрын
My apologies if I got the titles inaccurate. I’m fairly certain the L6 and L7 compensations are accurate, but please let me know if there’s a mistake there too!
@sheelotastic
@sheelotastic Жыл бұрын
I alaways found it strange that FAANG contains Netflix but not the much more famous Microsoft ...
@kuuke8283
@kuuke8283 Жыл бұрын
What do those E5 - E9 roles mean?
@Codebagel
@Codebagel Жыл бұрын
Think of those as “code names” that companies use to label their employees’ levels. So someone who is new to the company is at the “E5” level. If they get promoted, they are now at the “E6” level. It’s a way to measure seniority and skill level.
@yomismo6969
@yomismo6969 Жыл бұрын
Means he or she has created 5 time more bugs than a L1 . L9 9 times and so on.
@jsunh98
@jsunh98 Жыл бұрын
Its not as great as it sounds when you account for cost of living in those areas
@abish83
@abish83 10 ай бұрын
I assume these are bay area salaries.
@vincentbuscarello1357
@vincentbuscarello1357 Жыл бұрын
Doesnt it matter considerably where the employee is located? 300k in the bay area is like, 90k in most of the country, no?
@Codebagel
@Codebagel Жыл бұрын
Slightly, but not 300k > 90k. I’d say it’s closer to 300k > 220k. Great pay in cities like Austin, NYC, Seattle.
@juancriolivares
@juancriolivares Жыл бұрын
Amazon L7 is Principal engineer and not senior.
@Codebagel
@Codebagel Жыл бұрын
I made a mistake with the title, but I believe comp is accurate. I’ll make a comment fixing those, thanks for the heads up!
@JORJE1908
@JORJE1908 Жыл бұрын
You cannot stay at E4 E5 is terminal if you do not reach E5 in 2 plus years you get fired
@nathanielme2622
@nathanielme2622 Жыл бұрын
I don't know a single person that stayed at Amazon for more than a year so you are probably getting maybe only 10% of your RSU. In short, if Bloomberg offers you 200k and amazon offers 250k you might want to consider Bloomberg...
@Codebagel
@Codebagel Жыл бұрын
Company turnover is an important factor to consider for stock compensation, thanks for drawing attention to this!
@TF242
@TF242 Жыл бұрын
That means you either need to know more Amazon people or some that are better at coding and don't get cut :D
@nathanielme2622
@nathanielme2622 Жыл бұрын
​@@TF242 I assume you never worked before given your comment. You work 10-11 hr per day (I heard AMZ upped the hours) depending on how you calculate your workday 5-6 days a week, not including public transit. If you also take into account 3-hour transit+bullshit you are dumping around 85 hours in 5 days. Now try doing it while studying and networking on the side whilst dealing with life. (I have been locked out of my own car for the last 2 weeks because the locksmith works better hours than me...). But for argument's sake let's say not making the cut actually becomes an issue, let's say you are above average with nearly unlimited willpower and your chance of getting cut per year is below average at 3% (your father dies you get depressed, or make a mistake). After 5 years you have cumulatively a 40.5% percent chance of not collecting the most profitable section of your RSU ( no nice refreshers till y3 at amazon )...
@TF242
@TF242 Жыл бұрын
@@nathanielme2622 Listen that's true you have to survive to year 3 preferably 4 to "collect". However you're misinformed quite a bit about work life balance at Amz. Unless your team (or your friend's) is an anomaly. As far as comp... don't forget that for the first 2 years you are getting the balance topped up in cash so you aren't really losing your hard earned money.
@AngleCoding
@AngleCoding Жыл бұрын
@nathaniel I’ve been working for amazon for over a year. Work flat 40 hrs a week and no transit (because I’m fully remote). It really depends on what team you join
@jesso6670
@jesso6670 Жыл бұрын
You are talking about salaries, it's really hard to get interview on faang companies more over you have to be super good at what you are doing
@Codebagel
@Codebagel Жыл бұрын
Definitely. Releasing a video this afternoon on the interview processes at each company!
@patrickcazer
@patrickcazer Жыл бұрын
can you make a similar video for how much FAANG pays UX/UI designers?
@Codebagel
@Codebagel Жыл бұрын
Here is the pay for each FAANG company’s UX/UI designers: www.levels.fyi/company/Facebook/salaries/Product-Designer/ www.levels.fyi/company/Apple/salaries/Product-Designer/ www.levels.fyi/company/Amazon/salaries/Product-Designer/ www.levels.fyi/company/Netflix/salaries/Product-Designer/ www.levels.fyi/company/Google/salaries/Product-Designer/
@angelperalta6124
@angelperalta6124 Жыл бұрын
Nice video but you don't even mention the place where the software engineers are working
@zhihangzhou7141
@zhihangzhou7141 Жыл бұрын
What if the stock deprecated ⚠️
@mjhdaaismjhdaais8345
@mjhdaaismjhdaais8345 3 ай бұрын
How do I get into junior swe. Remote
@mtvmango5172
@mtvmango5172 Жыл бұрын
My l4 Amazon offer was 230k. Of course I didn’t join because it’s Amazon.
@Krupaux
@Krupaux Жыл бұрын
why ? I am to new to all of this so I don't know much. Can you please tell me why didn't you join? Like is the pay low ?
@merlinwarage
@merlinwarage Жыл бұрын
@@KrupauxThe payment is good. if you have no moral compass, and if you are fine with the disgusting dirt what is happening under the hood at these companies, go for it. Personally I also turned down all of them (FB, MS, IBM, Bosch, Amazon, Morgan, etc) multiple times in the last ~20 years since I'm in the business. I'd rather starve.
@biablablabla
@biablablabla Жыл бұрын
Amazon comp changed a lot in 2022, basically you can make shift in your video total comp L5 is now for L4, total comp for L6 is now given to L5, I don't know how much recent L6 are making but that's a looot more than the recent hike. Seems like you base your number on levels fyi and you their average is about all their data including historical data.
@toraso842
@toraso842 Жыл бұрын
SE = Great paying Job remotely means getting paid more than majority of people around the world.
@shalshan
@shalshan Жыл бұрын
How much apple for software Engineer in London, UK
@jyun3102
@jyun3102 Жыл бұрын
whats the location for these salaries ? i assume its bay area?
@Codebagel
@Codebagel Жыл бұрын
Average is from everywhere, but there are definitely a lot of Bay Area reports pulling up the averages. Bay Area is a bit higher on average than these, but pretty close.
@yomismo6969
@yomismo6969 Жыл бұрын
They should show this video to the millions of homeless in California.
@jyun3102
@jyun3102 Жыл бұрын
@@yomismo6969 whats ur point? motivate the homeless to be swe?
@yomismo6969
@yomismo6969 Жыл бұрын
@@jyun3102 why they are homeless even though many of them work 10 hours everyday .They deserve to know .
@beginersluc5872
@beginersluc5872 Жыл бұрын
What's is the meaning of E4, E5 and etc..?
@Codebagel
@Codebagel Жыл бұрын
Those are the titles of roles at different companies. Think of it as an employee code name.
@harshbardhanshah
@harshbardhanshah Жыл бұрын
Now it's MAANG
@Mango_Pnch
@Mango_Pnch Жыл бұрын
MANGA
@terryl6712
@terryl6712 Жыл бұрын
These salaries are in canada or us?
@Codebagel
@Codebagel Жыл бұрын
Sorry for such a late reply; they’re more representative of American pay, Canadians get paid about 30-40% less, although it can vary a lot.
@darellarocho5729
@darellarocho5729 Жыл бұрын
In what world is Netflix there but not Microsoft? It should be FAAMG not FAANG, that makes no sense.
@Codebagel
@Codebagel Жыл бұрын
When the FAANG terminology first came out, it was the 5 “new tech” companies that had hot and fast growing stocks. Microsoft wasn’t as new, and didn’t see its stock skyrocket during the same period as the rest. Like I mentioned in the video, there are so many other great companies to work at as well. I can always make videos on companies like Microsoft if my viewers want!
@Thelango99
@Thelango99 Жыл бұрын
@@Codebagel Apple is from the 70's though.
@Codebagel
@Codebagel Жыл бұрын
@@Thelango99 My understanding from research on it is that Apple is included because it wasn’t until the 90s that their stock really started blowing up. I’m not 100% sure though so I’ll do some research and get back to you with a conclusive answer!
@Thelango99
@Thelango99 Жыл бұрын
@@Codebagel Ok, thank you.
@RedMarley
@RedMarley Жыл бұрын
@@Codebagel yes do this !
@wangamanga2128
@wangamanga2128 Жыл бұрын
why the hell is netflix considered a tech giant? lmao
@davontawilliams3958
@davontawilliams3958 Жыл бұрын
I want to work for google or Goldman Sachs after college
@KingAetos
@KingAetos 8 ай бұрын
Are engineers paid a fixed salary or do they also get paid overtime? Of course, this is assuming they work overtime. I don't know how many hours an engineer works on average
@darkwoodmovies
@darkwoodmovies Жыл бұрын
Unfortunately, these salaries are the worst place to be on the tax board. At the higher levels, the government swoops in and takes about 50+% of your total income, since it's not a business and you can't write off anything.
@dudexyt
@dudexyt Жыл бұрын
This is not true, and effective tax rate is much lower than marginal tax rate.
@RevengEngine
@RevengEngine Жыл бұрын
@@dudexyt yeah, exactly. Higher salaries means more take home cash, no matter the tax rate. So many people think certain salaries cross the line to where you actually would be better off with lower pay. That would be insane.
@AmritenduRana31082000
@AmritenduRana31082000 Жыл бұрын
Just do write offs and invest and pay capital gains tax .You save a lot of those taxes.Not hard to write off just register a company or a business under your name and save money.
@darkwoodmovies
@darkwoodmovies Жыл бұрын
@@AmritenduRana31082000 I mean, if you don't want to be charged with tax fraud, the business actually probably has to be legitimate. It's not that easy to do it legally, otherwise everyone would do it.
@chimounebab9638
@chimounebab9638 Жыл бұрын
*goes back to study*
@mohammadabdullahkhan360
@mohammadabdullahkhan360 Жыл бұрын
why isnt microsoft on FAANG
@ybergik
@ybergik Жыл бұрын
I suppose this video is the nerd equivalent to a fashion video for women. A $230K salary now makes me feel inadequate. I do suspect the numbers are quite a bit lower outside the SF-area.
@georgebrantley776
@georgebrantley776 Жыл бұрын
Most of their main offices are located in SF/South Bay, Seattle, or NYC
@froenncastle
@froenncastle Жыл бұрын
Should call them M.A.N.G.A now since Facebook is now Meta and MAANG just sounds weird
@gg-gn3re
@gg-gn3re Жыл бұрын
you forgot google = alphabet.. but it's FAGMAN, facebook, amazon, google, microsoft, apple, netflix
@Codebagel
@Codebagel Жыл бұрын
Just uploaded a new video, and I decided to add MANGA to the title because that’s been the most common comment on this video haha
@JohnWilliams-hq5yp
@JohnWilliams-hq5yp Жыл бұрын
Dude is this per year or month ?
@Codebagel
@Codebagel Жыл бұрын
Per year
@jahangirakbar4524
@jahangirakbar4524 Жыл бұрын
Answer in one sentence: If you’re a Software Engineer (Know How to Code) you will earn alot.
@xxzvoidzxxyt5693
@xxzvoidzxxyt5693 Жыл бұрын
You'll need more than just "know how to code" to ever land a job thats being talked about lol. 1000% not that simple
@BrandenBest
@BrandenBest Жыл бұрын
Ok quick... make a new video on layoffs :(
@Codebagel
@Codebagel Жыл бұрын
I'm sorry to hear if you've been affected by layoffs :( I probably will make a video addressing the current state of the recession and software engineering industry, along with any resources for those affected by current recession. Good luck, I wish you the best. Everything will get better soon I hope.
@briantep458
@briantep458 Жыл бұрын
damn i make as much as junior facebook SWE, sad life i live
@vladimirgorea8714
@vladimirgorea8714 Жыл бұрын
I am feeling like I sold myself really really short ...
@LoveWillB4U
@LoveWillB4U Жыл бұрын
if you aren't working in one of the big tech hubs, don't be. Most of the salaries consider cost of living. FAANG pays significantly less depending on where you work.
@DJ-lo8qj
@DJ-lo8qj Жыл бұрын
I'm curious why Netflix is still included in the FAANG or MANGA acronyms, seems to me they shouldn't be included for much longer (too much competition in streaming for them to maintain dominance)
@InJunoWeTrust
@InJunoWeTrust Жыл бұрын
Because FAAG is too controversial of an acronym
@a.un.unified.h654
@a.un.unified.h654 Жыл бұрын
I think it’s important to keep the ‘n’ 😅
@megaprimegamer1184
@megaprimegamer1184 Жыл бұрын
Probably cause they pay like balls. All in cash if u want. Nobody else pays cash 300k or 500k for that matter.
@JGrffn
@JGrffn Жыл бұрын
@@Evolvedpants flies a bit too close to another infamous acronym to stick
@wamblybubbles9086
@wamblybubbles9086 Жыл бұрын
who's actually getting paid 300k+ in software engineer?? my guess is that they have to be like the top 0.001% of people out there and have years and years of experience, and their job has to be related to management, not just pure software engineering, right? everyone i know wants to be a software engineer for these numbers because its "easy money" but when you compare the work it takes to get to the very top it takes nearly as much effort to something like being a doctor...
@Codebagel
@Codebagel Жыл бұрын
Most of these salaries are just software engineer roles. There are usually separate levels and career tracks for software engineer managers.
@michaelbenoit50
@michaelbenoit50 Жыл бұрын
There are tons of people who are paid that much to be software engineers. It's not that rare in the bay area and in NYC.
@untouchable360x
@untouchable360x Жыл бұрын
@@michaelbenoit50 What are tons? A dozen? Hundreds? Thousands? Where are you getting your data?
@conditionalbee9603
@conditionalbee9603 Жыл бұрын
I don’t think you can compare software engineering to being a doctor. You have to go through 7/8 years of studying in some countries just to get an MD. That’s not even accounting for the time being a resident. Sometimes, you have to work 24 hour shifts, no sleep for days while getting paid peanuts. All this while incurring close to a million in student debt. The money only comes very later down the road, when you are in your late 30s/40s and specialising. In contrast, it takes maybe 4/5/6 years to get a masters in CS. University tuition fees for CS are also much lower than medicine. You can probably get an internship during your studies too. Workload is probably easier than dealing with patients. You do still need to work very hard tho to get promoted but being a doctor is far tougher imo as you’re both mentally and physically engaged in your work.
@untouchable360x
@untouchable360x Жыл бұрын
@@crowhomestead7552 what specialization is that? If it takes only 2-3 years, it is not a specialization. Most world class people spend at least a decade on their craft. Tiger woods did not start playing golf as a teenager or adult.
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