Pay inequality is a big problem in tech, especially for underrepresented groups like women and minorities. The best way you can help is by sharing yours. I’ll go first.
: B.A. - C.S.
: 5.5 years
: Staff/G06
: NYC
: $205k base, $500k equity over 4 yrs
#KnowYourWorth
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I get it’s uncomfortable for many to talk about this stuff and it’s not for everyone, but I think it’s important and hope others will join in. Aside from helping inform others of their own worth, it also encourages companies to be more transparent.https://www.nytimes.com/2018/11/18/smarter-living/the-benefits-of-sharing-your-salary.html …
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I’m pretty happy with my current comp, but it wasn’t always great. People from FAANG companies have much better negotiating grounds. As an L4 at Uber I was paid $115k coming from a startup while former-FAANG colleagues with the same level/experience made $140k+. I didn’t know
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To Uber’s credit, they made a massive salary adjustment for everyone in 2017 to try to course correct this problem. Anyone below the midpoint for their level was moved to the midpoint or 5%. That was a 22% raise for me. IIRC midpoints were L4: mid-$140k L5A: $167k L5B: $178k?
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Location unfortunately is often a factor. I’ve lived in SF or NY my entire professional career. IMO though, if your company pays SF salary anywhere, it should offer it everywhere.
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Replying to @ZacSweers
Couldn't agree much. The only way you can make a high salary as developer in europe is by becoming a contractor. I know engineers getting 600€ a day. As employee maximum 75k-80k
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€600 for an 8 hour day is €75 per hour and I can only hope that contractor either has super high utilization or increases their low rates asap
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