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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
by najork 3y ago
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.
- VirusNewbie 3y agowell, 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).
- ghaff 3y agoAnd 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?
- compiler-guy 3y agoOr they have a ton of junior engineers which brings down the median.
- ghaff 3y agoMaybe. 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.
- VirusNewbie 3y agoWhat do you mean? I see dell, disney, EA, oracle, walmart, all on that list. Like what companies are you thinking of?
- danielvaughn 3y agoAlso 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.
- ghaff 3y agoAkamai, 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?
- VirusNewbie 3y agoI 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.
- Kranar 3y agoIBM's pay is abysmal though.
- ghaff 3y agoI won't argue that the bigger traditional companies are the highest-paying targets. But, again, top 500 is a big target and I'm skeptical your average small startup is a lot better. But maybe it's just that you probably won't have a job in a year.
- geraldwhen 3y agoMaybe 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.
- oofta-boofta 3y ago[dead]
- altdataseller 3y agoAre 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.
- jfdbcv 3y agoEquity data usually represents a big part of compensation and is basically impossible to value objectively as there are too many factors at play.
- deleted 3y ago[deleted]