What percent of engineers in SF or NYC are working for FANG companies? Most people aren’t working for companies that pay like Facebook.
Compensation is, broadly, very generous. They're competing with three of the FAANGs, after all.
As for publishers, please find me one that routinely pays anywhere near FAANG salaries.
EDIT: changed "SWE software engineers" to "SWE salaries". Oof.
(Serious question, not snark).
As a mid-level engineer currently job hunting in NYC, the salary range for most non-FAANG companies (including most start-ups) seems to be $90-150k.
From my experience, the idea of "mid-level" and "senior-level" employees in our industry seems to be skewed to the left. Mid-level employees are generally 2-5 years into their careers, and senior-level can be anywhere beyond that. When you think of senior-level employees in other industries, you generally assume they have 10-20+ years of experience under their belt.
0-3 years-Junior:You don’t know what you’re doing.
3-8 years-Mid-level: You think you know what you’re doing.
8+ years-Senior:You know that you don’t know what you’re doing.
The best setup IMO is to work at a FAANG company outside the bay, it’s the best of both worlds. Supposedly Amazon pays p90 of market rate, but in my area it’s more like p99.
Source: live in PDX, work at Amazon.