• Engineer (E3, entry level) $248.2K avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-...
• Engineer (E5, senior level) $629.8K avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-...
• Engineer (E7, principal) $1.69M avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-...
• Engineer (E9, distinguished) $6.09M avg ∴ https://www.levels.fyi/companies/facebook/salaries/software-...
And so on with other roles, as you can see on that page.
So you can rely on income to precisely the extent you are willing to destroy your soul.
However when you join you are given a bunch of shares that are paid out every quarter.
The wage is tied explicitly to your level, the number of shares is a bit more flexible. dpeending on what area you work in, and how in demand your role was, your shares make up between 10and 70% of your take home wage.
Every year you get "refreshers", again calculated centrally by level. For example an "E5" (the lowest level of senior engineer) may get a refresher of $150k of shares at january prices. Your performance grade is then used as a multiplier (ie bad == 0, ok == .75 good == *1.0 etc etc etc)
so even if youre not that successful you can amass a large amount of shares.
One might argue that we get more for our sille euro wages. Also if we decide to leave the company, we are not completely f_ckd, since our families don ’t suddenly drop out of healthcare and other services.
As of Germany, I don’t follow currenct politics over there (not a German here, Finnish), but you guys have time and time again show that you can produce pretty much anything for the global markets as well or better than anyone else. Your problems are political, and you are your own worst enemy. Germany has enormous possibilities as a society, if you just get your shit together.
We pay more than 30000€ a year for mandatory public health insurance and more for modern treatments not covered by insurance. That’s not different than in US, except the funny salaries in Germany.
Society is not homogeneous. There are more and more elderly who will vote who promises them heaven. The young ones are ignored. There are many conflicts: young vs. old. The riches against rest 95%. The ones born on German soil and the ones arrived later mixing illiterate refugees and PhD expats together.
Interesting times. It’s nice to believe, that Germany can put the shit together. But there are too many forces at play. Let’s see. I am too old to move elsewhere.
The problem is that post-war Germany was founded on a promise of eternal prosperity, fuelled by our export industry, ever-increasing population counts, and cheap energy from coal (and later Russian gas). This engine was running so smoothly, we completely slept through digitisation, missed how China kept catching up with our engineers, and felt so reassured by the US entitlement to the world cop role that we shrunk the military further and further.
And now, all of that collapsed pretty much at the same time: Exports are staggering for a variety of reasons, people so few children our pension system costs explode, and energy prices have risen to the highest levels in Europe. All levels of the federal government are struggling with organisational problems, many have painted themselves into a corner, with incompatible silo solutions, and many still work on paper exclusively. In the meantime, the Chinese are able to produce many of the things we used to lead in at the same or better quality, and at lower prices - partly because a lot of strategic state subsidies are going on, partly due to stolen IP, but also due to a plain lack of innovation on our part. And we all know what happened with regard to the military recently.
Germans were never good with change, and right now, so many things change that most people are completely overwhelmed, oversaturated, anxious about the future, fatalistic, and angry. They get to each other's throats instead of looking ahead. Everyone is desperate for things slowing down at least a little bit, but they won't, and people know that.
There's lots of potential here, but I'm afraid on the great sinus curve of history, we're on a downward course right now. Unless something fundamentally changes, we'll see an extremist right-wing party take over power; many of its members openly celebrate Nazism.
I'm really trying to stay optimistic, but it's really getting harder every day.
SF and Meta make sense if you are going to try to be the cutting edge of conversations and tech.
If you just want to live your life?
Not for any length of time there aren't
Compared to say seattleLA/Newyork, the number obviously homeless is vanishingly small. Yes, tubes will have a beggar, but there won't be more than one of them. They also are rarely aggressive.
Even in Soho, where one of the main london hostels are for homeless people its not that bad.
Not sure I'd recommend it; there are less cartoonishly evil companies who still pay silly money in Europe available.
There are a small number of FAANG-ish companies who pay very high salaries in Berlin, London, Dublin, etc etc.
(And of course Zurich, but Zurich is Zurich.)
> Paying >100k is already super good, so they do probably around that.
I assure you that they pay more than that for halfway senior roles. Note that a lot of it would be in equity; the base salary would likely be in the 100-150k range, but one might get that again in equity.
if you are moving countries you keep your RSU allocation, but your wage is adjusted down/up based on local levels. (ie for london its .85 or something)