“ considerably lower pay right now compared to a job at FAANG”
Almost all jobs everywhere pay considerably less than FAANG.
I find it curious that HN so casually uses FAANG pay as the benchmark.
Almost all jobs everywhere pay considerably less than FAANG.
I find it curious that HN so casually uses FAANG pay as the benchmark.
And even more mysteriously, treat working at FAANG as a de-facto career goal.
On that board, it was honestly seen a failure if a person did not get into one of the Big 4 IBs or PE funds. It was like entering a twilight zone, no one could lower themselves into accepting anything less than working at one of 6 companies on the entire earth.
This is also a really weird point. If you work at FAANG, you are vulnerable to economic downturns. Just look at how so many tech companies have decimated their workforce.
This is just not the case if you're an electrician and construction is drying up.