> Fun fact for you - if I get promoted this year at Amazon to L5, I'll _still_ make less than a new grad at Google.
This doesn't appear to be close to true based on levels.fyi, unless you're severely underpaid for an Amazon L5.
This doesn't appear to be close to true based on levels.fyi, unless you're severely underpaid for an Amazon L5.
*The net effect is "pay for performance" isn't really a thing.
The only way for me to do a significant compensation bump is to do what's called a "dive and save", but this is very rarely done for L5's and is significantly more common for L6's. I got an offer for about $200k a year ago at a hedge fund, but that wasn't eligible for dive and save because of my level and I'm (clearly) too mentally defective to pass a Facebook or Google loop.
The other more popular approach is to "play the game" as I think of it, I.e. every 18-24 months you switch to a new job with a substantial increase in pay as result.
I wish this wasn't the case, but I guess it is what it is.