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Glassdoor: How Much Do Facebook Engineers Get Paid?
In this article, I will discuss whether the data from Glassdoor is correct and how much Facebook engineers make compared to other tech companies. My analysis of the data indicates that Facebook’s base salaries are comparable to those of U.S. workers. Furthermore, I’ll explain whether Facebook engineers make more than Google or other FAANG companies for software engineering. In addition, I’ll point out some important points to consider when looking at the salary of a Facebook engineer.
Glassdoor’s data is wrong
According to Glassdoor, software engineers at Facebook can expect to make an average annual salary of $113,835 in 2016. Senior Facebook software engineers can earn more than $200,812 annually. This may interest you : How to Boost a Facebook Page. This is among the highest salaries in the tech field, but it’s important to note that Facebook employees’ total compensation depends on a variety of factors. The company offers generous paid leave for new parents, support for family planning, and baby cash.
The data Glassdoor provides does not include signing bonuses, which many companies offer to new employees. For instance, a Facebook Software Engineer in Seattle would earn significantly more than an engineer in San Francisco. The dataset does not mention signing bonuses, which are often up to $100k. While Facebook does offer a $100K signing bonus to its top engineers, it does not mention this in its data. Meanwhile, the signing bonus at the data site Compass is $120K, which is more competitive in the senior client category.
Facebook’s base salary is the same as a U.S. worker
In June, Facebook announced it would raise the minimum wage for its content reviewers to $22 an hour in the Bay Area, $20 an hour in Seattle, and $18 an hour for the rest of the country. The new base salary is based on data from its foreign visa applications, which will be available to the public next week. This may interest you : How to Create Page on Facebook For a Business. However, Facebook’s base salary does not include stock options.
During the same time period, Facebook had one or zero applicants who were U.S. citizens. The same period, Facebook had advertised comparable positions on its careers site and usually received one to 100 applicants. The lawsuit says Facebook discriminated against US workers and therefore failed to make the positions available to U.S. citizens. While Facebook has a massive payroll, the base salary of a U.S. worker is roughly the same as an H-1B visa holder.
Facebook pays more than other FAANG companies for software engineers
While working at a major tech company is often rewarding, Facebook pays software engineers less than other FAANG companies. It is important to note that FAANG companies are constantly competing for top engineers. Their deep pockets allow them to pay high salaries and offer great benefits to attract top talent. This may interest you : How Old Is Facebook?. In addition to free daily meals, they also offer paid off-sites and celebrity events. While this is a good thing for engineers, it’s not the only factor.
Despite being a relatively small company, Facebook is one of the most valuable companies in the world. Despite the low base salary, many employees receive stock options and bonuses. At Google, senior engineers earn an average of $356,025 a year. While Google and Apple pay more, they are also located in high-cost cities. Apple’s headquarters in San Francisco is nearly double the cost of the average apartment in Austin. As you can see, the FAANG companies offer higher salaries than their competitors, but living costs vary significantly.
Facebook pays more than Google
The average salary of a Facebook software engineer is $140,734, ranging from $113,027 to $169,830. That includes a $18,200 annual bonus, $27,200 sign-on bonus, and $98,900 in annual equity. The company is also one of the most attractive places for engineers, ranking 8th in employee satisfaction in the United States. In addition to generous benefits, Facebook also offers maternity and dependent care support, “baby cash,” and mental health support. Moreover, employees are entitled to competitive retirement plans, life insurance, and access to TurboTax.
Although Google is the most popular tech company, the average salary of an E5 is $188,525 a year. However, this figure may not be a good idea for all employees. As a result, it’s important to understand the compensation range at these companies. While Google engineers may make more money than Facebook engineers, they’re still competing against highly skilled individuals who could be able to develop new products and services faster.
Facebook pays more than Apple
There’s no question that Facebook engineers get paid more than Apple engineers, but why? The first thing you need to understand is the importance of equity. Facebook engineers receive a large percentage of their pay in the form of stock units. These units can be worth as much as $1M. But how much equity do these engineers receive? Glassdoor’s data doesn’t reflect that. So, how can you negotiate to get the most money possible?
First of all, you must have some experience. Facebook engineers are ranked by effect, and managers by experience. The company also pays its employees well. The salaries of software engineers at Facebook are fairly high, with the starting salary being in the mid-$120,000 range. Facebook also offers a generous stock buyback program to its employees. It’s important to remember that the pay at Facebook is highly competitive, but that your performance and ability to innovate will dictate how much you get paid.
