If you want cash it is. Netflix salaries are generally $350k+. They only hire seniors, but that can mean 4-5 years of experience. Not even Google pays that kind of comp in salary.
Effectively what they're doing is comparing total comp at Netflix with base salary at other FAANGs, which is very misleading.
That said -- I mean this with all sincerity -- it does my commie heart good to see that absolutely no in this thread is buying Netflix's bullshit.
For the most part, these are all benefits of RSUs at a company like Facebook or Google.
They're totally liquid. They "vest", but in short order.
This isn't startup equity. It's very much real money.
You seem rather... aggressive with how much you want to downplay the differences and your entire contribution to this thread has been attacking "Netflix apologists" and defending any argument for cash-based salaries. It's fine if you don't like their culture/comp structure, but you sure seem to have an agenda here.
For a senior engineer, their stock will vest monthly or maybe quarterly. At Google at least, there is no cliff, so you begin vesting your first or second month.
That is simply untrue. In FAANGs I'm familiar with, vesting can be monthly, very much like cash compensation.
Your other claims are untrue as well.
I'm very much against presenting misleading information, such as comparing total comp at Netflix to base salary alone at other FAANGs. Especially when this misrepresentation is then used to make the blatantly false claim that Netflix comp is substantially higher than other FAANGs.
The number repeatedly quoted in this thread shows the opposite: Netflix total comp appears to be lower than other FAANGs.
I have no agenda here. My initial response to the article was based on what I read in the article. Holding meetings to explain how terminated employees were under-performing - is very toxic in my opinion, and fertile ground for abuse and misrepresentation. Several Netflix employees in this thread seemed to agree with this assessment.
Agree to all the other points though.
You can't compare base salaries, you can compare the benefits of all cash vs stock awards (401k, higher monthly income, no market emphasis on income). That was my entire point, so this diatribe about Netflix apologists has no business in this thread.