najork parent
The data seems wildly inaccurate. The total comp for some of the private companies seems way too high, not to mention how the equity is extremely illiquid. The total comp for nvidia seems way low given how their recent performance.
And there are a ton of large "boring" tech companies that are not on the list at all. I don't expect that they're anywhere close to leading the pack in comp, but not in the top 500?
Maybe median is low? My total comp is high 2s, and where I work isn’t on the list.
My job is very easy and likely 36 hours a week. I’ve never once worked weekends or holidays, and the vacation time is better than European.
But when I started my total comp as waaaaaay lower. It took time for the money to stack.
What do you mean? I see dell, disney, EA, oracle, walmart, all on that list. Like what companies are you thinking of?
Also big boring companies tend not to pay very well compared to more modern companies. This is just an anecdote based on my experiences with Disney.
Akamai, HP, IBM... Those are just a few I looked up. I didn't look up the ones you did. But I think you're sort of making my point. Do you believe Dell pays better than at least one or two of the companies I listed?
I mean, yes? IBM is known for having absolute shit pay for engineers. I don't know anyone who has worked at HP in software either, so I'm not surprised it pays poorly. I've never even heard it brought up.
Or they have a ton of junior engineers which brings down the median.
Maybe. But 500 is a large number of companies. And those same companies have a fair number of employees who have been there for a decade or more. I'm not sure I believe that large profitable public companies aren't in the top 500 companies in tech in compensation overall.
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well, some private companies have liquidation events regularly, like Stripe or SpaceX. I'd consider that only slightly more risky than a public company.
I assume the same for Databricks, but i'm not sure?
I think nvidia has some title inflation. I have a friend who work there as 'distinguished engineer', and it's more likely they would be L6 or L7 at FAANG.
I'm guessing overall Nvidia's comp is very similar to most FAANGs in terms of skill and YOE but not title (maybe excepting entry level, since it goes lower and is more fine grained).
Are you suggesting that people are putting in bad data to Levels.fyi? Because the data wasn't extracted out of thin air, or made up.
Equity data usually represents a big part of compensation and is basically impossible to value objectively as there are too many factors at play.