5 Offers w/ FAANG, $1M+ Compensation: Details + Lessons (Software Eng Salary)
If you have multiple offers and want feedback, you can ask a question and get help from me on Taro: bit.ly/taro_questions
➤ Tech compensation explainer: • This Is Why FAANG Engi...
➤ My internship journey: • From $20 to $55 per ho...
➤ Math for each offer: docs.google.com/spreadsheets/...
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Hi! I’m Rahul, a software engineer and founder with a passion for teaching.
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Timestamps:
0:00 - Intro
1:59 - Facebook offer
2:46 - Twitter offer
3:14 - Microsoft offer
4:05 - Square offer
4:41 - Google offer
6:00 - Facebook sign-on increase
6:38 - How much did each company grow?
7:41 - Total comp per year -- value as of 2014
8:12 - Total comp per year -- value as of 2022
9:26 - Takeaway #1
9:44 - Takeaway #2
10:27 - Takeaway #3
#techcareergrowth
Пікірлер: 177
If you have multiple offers and want feedback, get help from me (and others) on Taro: bit.ly/taro_questions I recruited in late 2013. Offers I received: Facebook, Twitter, Google, Microsoft, and Square Rejections: Palantir, Dropbox, Snapchat
@akashadhikari5931
Жыл бұрын
No. of Tech Layoffs in 1st 21 days of 2023: USA 🇺🇸: 49204 (including Google’s) India 🇮🇳: 2197 Canada 🇨🇦: 701 UK 🇬🇧: 366 Australia 🇦🇺: 120 Tech companies laid off >60000 people in 2023 alone.
Hey Rahul, I completely stumbled on your video randomly. Idk if you remember, but back in 2011, we worked together for an algos assignment in CS 161. Glad to see you are producing awesome content! Ironically, I now work at Google.
@RahulPandeyrkp
Жыл бұрын
ahhh the cs161 days :) nice to see you Chris!
I love this video! Love your style, no bs and every minute of this video is valuable. Thank you
Congrats on pursuing your business venture 🙂 Also nice analysis on the present value of the TC from all your offers!
Thanks for the transparency and willingness to share! Awesome!
Seattle is no longer raining or cloudy. It and neighboring cities like Bellevue, Redmond, Issaquah, Sammamish have 'the' best weather, homes and social life. The PNW is gorgeous!
Many thanks for these insides, this information is extremely valuable. As for me it helped to become even more convinced to go from my country local market outsource company to small US-based product company. A small step now towards big tech in the future.
This is inspirational. Thank you, Rahul, for your honesty and openness. I also appreciate how organized and well structured this video was!
The best thing I like in your videos is I don't have to increase the Playback speed 👏👏
@RahulPandeyrkp
Жыл бұрын
😇
I got in Meta as a contractor coming from a small company and i had the thought that big tech was unrealistic and probably not for someone my level given my background, and i gotta say i am VERY amazed on the difference, i think i'll stay on big tech territory if possible from now on, not only compensation is amazing but also the teams and the work you do is very fulfilling, i wish i can be a full time employee tho but i am fine as it is
@zacharyyan4898
Жыл бұрын
Hate to say but Contract work at tech is not worth it
@luisurena1770
Жыл бұрын
@@zacharyyan4898 in my case it is tho, i don't have a degree and i need the experience so
@ttejavu
Жыл бұрын
I work full time as Meta in MPK HQ. I think my biggest gripe has been how people assume how it is inside based on all the media without knowing actual facts. I have nothing but positive experiences all around, with people, perks, benefits, pay and the on campus free food is mind blowing-- 28 cafes and restaurants and sweet shops. Business class flights everywhere and all expense paid hotels and additional 75 per day for spending and shit ton of other perks. Best transition in my career hands down.
@-Jason-L
5 ай бұрын
@zacharyyan4898 for most, it pays more and keeps you on new greenfield projects.
Very valuable video! I’d like to add that interviewing at big tech companies helps identifying our weaknesses and getting better at interviewing. I just finished interviewing with Google (didn’t get an offer but made it to on-site on the first try) and learnt a lot. Would you mind making a video about the back and forth game of negotiation and specifically how to phrase things?
Well done, Rahul! Great channel and lots of valuable tips to learn about FAANG companies.
Great info! I appreciate the transparency
This shows how super talent you are. Not everyone gets offers like these. A single offer from FAANG itself is super hard.
@abz4852
Жыл бұрын
Its not just talent. Its about drive-
@genZetarded
Жыл бұрын
Then your aim is too low.
thank you so much Rahul for sharing this deep insights. Really appreciate it.
Dang those are crazy numbers. Congrats on them and thank you for helping so many others have successful careers.
Great video man! I knew tech compensation in the US was significant but this really put things in perspective.
absolute true. I've got better TC and stock option etc, but I'm on sr. position now. And all things covered in the video (build your brand, get friends and perform well) are the only ways to make yourself valuable and better from employer perspective. But the main thing is - money isn't everything, you have to grow internally (and not to get into more troubles in the process), when you grow - your performance grows substantially. That's just how it works actually ).
Great video mate! Nice to see authenticity
Loved the way you summed up the video by encouraging others
new grad here, this was very aspiring, im a little disheartened lately with the talk about the hiring freezes going on with a lot of tech companies as of late, but i hope i can land some offers like you did in the past. thank you!
This is great, I've somewhat been anti large tech company for a while, but thinking about investing in real estate I'm definitely considering it.
Thanks Rahul for sharing this.
One of your best videos yet Rahul. Thank you for your content
Great video, Rahul! 👏
one of the best videos ever. not for everyone for sure but as an aspiring SWE, this is motivation for me
Is your scenario analysis based on selling immediately when you can? Or is it based on 2022 price? If it's based on 2022 prices, you should do it s.t. you sell immediately as your RSUs vest.
This is really helpful info Rahul. Thank you for sharing! aside/fwiw, no one wants a cautionary tale, but just for sake of a more complete picture, sometimes stock doesn't go up... and some tech companies go bust (that means $0 if you are lucky... for some folks early in the aughts, depending on how/when they exercised their options, I heard that meant $0, AND a large tax bill). Given the complexity around total compensation particularly involving options, any light shined on this might help others avoid a misstep. Regardless, love your channel. Thanks again!
Rahul this is so inspiring and motivational. Thank you so much for making this video, it was really well put together and jampacked with value
@RahulPandeyrkp
Жыл бұрын
thanks Anmol
Great content. Thank you so much, Rahul. I hope you have the best of luck with Taro!
@RahulPandeyrkp
Жыл бұрын
thanks Michael!
very insightful and thanks for being transparent Rahul!
@hamsalekhavenkatesh3440
Жыл бұрын
@Rahul, can you also follow up on how you evaluated these offers? As a new grad nothing can go majorly wrong with these companies, but I'm curious how do u go about making these choices as u progress through ur career :)
very helpful, what a great life to be in tech early
I got an offer from apple, but the compensation was so low, and the work culture was so bad that the acronym for me is just FANG
Hi Rahul, Is it common for tech companies to adjust RSUs annually during the compensation review, similar to how base pay hikes are typically handled?
Completely unrelated to the topic of the video: given that you’ve spent some time working on mobile, what are your thoughts on react native vs native development? Assuming you have the time and resources to learn and implement both, is it worth building each app natively (each being, one for iOS and Android) or is likely not worth the additional time? Speaking from an individual developer’s pov rather than a big company (who’d likely have the resources to build both)
@RahulPandeyrkp
Жыл бұрын
touched on it a bit here: kzread.info/dash/bejne/hHd9urWQkdncmps.html
lessgooo!!
I understand that comp is a touchy subject for people, but your take on the subject was amazing and please continue picking up such topics. I came from a non-CS background (mech engineering) and had a few CS friends who joined big tech. They were actually open about their comps and it completely changed my perspective on my career. Instead of being jealous of them it actually motivated me to work 14 hour days to crack big tech interviews and I did crack them. Looking back I am super grateful to them and feel lucky to get a perspective outside of my engineering field. I hope your video does the same for others!
@vishalmane3139
Жыл бұрын
U work at?
@mashelalmagreen3989
Жыл бұрын
Hey Arjun would be able to chat with me , I’m ME would love to switch careers
Well, these figures are mind-boggling for even someone with 10+ yrs of exp today. Is there any hope for guys hitting 40s and thinking of learning to code?
@RahulPandeyrkp
Жыл бұрын
It's definitely possible, it just requires leverage. Leverage comes from having multiple offers, which is harder to do in this environment but still very much possible.
you're a beast Rahul!
Thank you for your videos! When I was a new grad in 2018 I was lucky enough to get interviews at companies like Google, Uber, Snap, etc. But I was inexperienced and undisciplined and wasn't able to get offers from these top companies. Now I have another chance with a Google interview coming up and I'm watching your videos to see what it takes to get accepted, would love to see a video about how to prepare for and pass these technical interviews!
@RahulPandeyrkp
Жыл бұрын
good luck!
@starlite5097
Жыл бұрын
No wonder you are so smart, your surname is Cohen after all. Keep pushing on!
@cdnggk6455
Жыл бұрын
@@RahulPandeyrkp u can become a mumble rapper
big tech stock grew a lot in past couple of years. 2015-2021.. but don't think there will be same growth in future
You want to go to Seattle because no state tax and lower cost if living then the bay area. Bug then again when you had these offers bay area was still hype.
Before all this, step one is to get into Stanford and ace your Data Structures and Algorithms course. Stanford is not so important as your Data Structures and Algorithms problem solving skills. So whoever is feeling bad about not getting compensated close to these numbers, just keep practicing those skills. Anyone can be good at them
Congratulations bro 👏 🙌
I wanted some information about placements at stanford what is the highest and avg on campus package for masters in cs?
My man's sign on bonus at facebook is my entire base salary and I just got into my tech job this week!
Great video! But my question is what do these companies seen in you?
We should do a podcast some day
What made you finally decide to work in a startup out of college, despite all these great big tech offers though? What are the key factors that we should consider when making such a decision?
@jww0007
Жыл бұрын
at startups there's alot of problems & systems design to be done - big tech is very hierarchical at startups you have more ownership & iterations greenfield projects mean bleeding edge tech they're receptive to juniors sometimes you get to see the product evolve - squeezing experience in a short time opportunity to learn business & what it takes to build one better to join later stage startups try it for first 2yrs
@tempestofsouls5693
Жыл бұрын
@@SacredCASHcow Thanks, yeah I know about Taro, I was just curious about his thought process when he chose working at Kosei right out of college despite having all these lucrative offers. Cus there are a lot of things to consider not just from career/growth/learnings perspective but also the other aspects like stability/WLB/brand etc. Was just wondering if there was any specific factor which made him choose the startup to work for rather than big tech, right out of college.
@tempestofsouls5693
Жыл бұрын
Got the answer as part of another comment thread anyway, just quoting the answer by Rahul here in case anyone else is also interested. "I was part of a research lab during my last year at Stanford (The InfoLab), and the work we were doing turned into a startup which I decided to join. It was a hard decision, but my thinking at the time was that the big companies would still be around, but being a founding engineer at a Stanford-backed startup is probably not easy to find."
@element720
Жыл бұрын
Thought he worked for Facebook out of college?
@tempestofsouls5693
Жыл бұрын
@@element720 No he worked for Kosei, then Pinterest and later Facebook I guess
insane offers especially back in 2014
thanks
Thank you Rahul. I started getting FAANG offers after 10+ years of experience. Now I am joining Microsoft.
This video provided great value Rahul! Thanks for making it!
Very humble
Hey Rahul, just an interesting question here - What was it like working alongside Jure Leskovec in the early stage start up you had joined while at Stanford? Were you friends/familiar with him, and what was your impression of working with him at the time? - Coming from a LinkedIn engineer
@RahulPandeyrkp
Жыл бұрын
I worked in his lab during my 5th year at Stanford, so I interacted with him a good amount. I also had taken several classes with him at that point. In general, following the smartest people in your network won't lead to a bad career outcome. That was my logic for joining Jure's startup after graduation.
What do you study at Stanford CS program?
Those are some insane offers! If I remeber correctly, you didn't take any of them and instead worked at a startup that got acquired by Pinterest. Why did you go this route, and what was the outcome (from a career, money, and/or personal growth perspective)? If you could go back and make the decision again, would you have done the same thing?
@RahulPandeyrkp
Жыл бұрын
Mainly it was regret minimization. The startup was founded by the professor I was doing research with in unversity, which felt like a really unique opportunity, while these larger companies would always be there. That was my thinking at the time, but actually I feel like I would have done just as well (financially + learning) by going to a larger company.
it'd be interesting to see how those equity offers would fare in a bear market. I don't think we'll see a stock market run like we saw over the past decade again for a long time
Do these account for compounded inflation or would that be complicated to calculate?
Square is block now?
Why would anyone pick Seattle? No state tax for one
Great information! Are packages offered today lower than in 2014? I would think salaries and sign on bonuses are even larger today.
@RahulPandeyrkp
Жыл бұрын
yep, for the most part I think the numbers have gone up
❤❤❤
SIR PLEASE GUIDE US HOW TO STUDY PROPERLY IN COLLEGE AND HOW TO GET INTERNSHIPS AND PLACEMENT OFFERS FROM BIG TECH COMPANIES..... PLEASE PROVIDE YOUR ROADMAP
@sharoncohen318
Жыл бұрын
I think the number one way to get the initial interviews is being a TA for an intro to programming/ data structures course at your school, and doing a couple of projects. Then study and do leetcode problems and pass the interviews, after having an internship under your belt after sophomore year, the summer after junior year you can get into the top companies.
to be honest your esteem fades away when you start looking at your taxes🙃
Congrats on the solid comp! However, I think calling this "$1M+ Compensation" is clickbait. I mean, it's "kinda sorta" true. If that's how you're calculating compensation, then everyone else (including those who don't get RSUs and only invest in index funds) would need to retroactively include market growth in their compensation numbers as well, making the $1M figure less shocking. Those years were quite lucrative for the entire market.
can you share you cv? I find so useful for other engineers to see other engs how they present theirself without a previous exp!
@RahulPandeyrkp
Жыл бұрын
i talk about my experience here: kzread.info/dash/bejne/pmmqwc-JaJynmcY.html
Hi, how could you have been rejected 3 times by Microsoft if you graduated from few months?? I don’t get it; usually you should wait at least 6 month or 1 year if you don’t pass the interview
@RahulPandeyrkp
Жыл бұрын
I failed their interviews for internships
Amazing information to receive but why are you using line graphs when comparing rough numbers when we could be using bar graphs ...
@RahulPandeyrkp
Жыл бұрын
I agree, a bar chart would have been better. I initially wanted to show the growth over multiple points in time, but that made the video longer, so I reduced it to 2, but at that point a stacked bar chart would have been better.
When you negotiating a higher compensation with HR, do you send them your offer letters from other companies in your email to HR to prove you have competing bids for full time work? Thank you.
@tammiesspark
Жыл бұрын
You are not required to, but I always do when negotiating. Recruiters and HR in large corporations are very aware of what their competitions are offering so would know if you're fudging the numbers anyway. Also, most HR know to start koe because the expectation is that you'll negotiate.
@amospan14
Жыл бұрын
@@tammiesspark Thank you for responding. This is good to know. I appreciate it!
@amospan14
Жыл бұрын
@@Fivetimesthree Yeah that makes sense. Thank you for letting me know.
I think your camera is focused on your microphone :( slightly blurry but its the content that matters, thanks for the video!
@RahulPandeyrkp
Жыл бұрын
ugh yea I noticed that :( will be more careful about that going forward
It is depressing if you are not in US. You'd never get these kind of offers in EU. Yes FAANG will give you probably 100% more TC than any regular company but we are still talking like $150-200k for L5, while the competition to get in and the amount of efforts it takes is huge.
@RahulPandeyrkp
Жыл бұрын
yep, US pays significantly more
why did you turn down all offers to work at a startup in 2014?
@practicallyvegan
Жыл бұрын
I'd like to know this too!
@RahulPandeyrkp
Жыл бұрын
I was part of a research lab during my last year at Stanford (The InfoLab), and the work we were doing turned into a startup which I decided to join. It was a hard decision, but my thinking at the time was that the big companies would still be around, but being a founding engineer at a Stanford-backed startup is probably not easy to find.
In the end then how do you actually evaluate multiple tech offers when such a large component is unpredictable equity grants. The difference in value can be massive depending on company performance.
@RahulPandeyrkp
Жыл бұрын
you definitely have to predict the future performance of the company
@vnair2
Жыл бұрын
@@RahulPandeyrkp easy peazy :) thanks
Microsoft lowballs hard!! Why do you think that is? They are in Big Tech, and their interviews are hard. And I would argue they are less prestigious than Google and Meta (and even other FAANG adjacent companies like Uber and Airbnb)
As someone who is new to all of these terms. can you explain what is: Equity? sign on? and bonus? I'm an immigrant. Don't know these things. sorry if this question is naive.
@RahulPandeyrkp
Жыл бұрын
Covered it here: kzread.info/dash/bejne/qaWY0tyuZLLHYqw.html
@gooddev506
Жыл бұрын
@@RahulPandeyrkp Thank you.
Please make a video on 'debugging' 🙏
@RahulPandeyrkp
Жыл бұрын
great question for Taro if you have context you want to include :) app.jointaro.com/questions/create
A+ on negotiations. Don't know why women struggle so much with this concept.
I also receive a lot offers on TikTok and KZread 😂 We believe you
That's good. I stopped watching it right after the disclaimer.
turned out the most valuable experience is not how u get the offer, it is actually when u know the highest point of stock and sell it......lol
Aren't offers for new grads non negotiable now a days?
@RahulPandeyrkp
Жыл бұрын
they might say that, but it's usually not true
When you received these offers, were you a BS grad or MS grad?
@RahulPandeyrkp
Жыл бұрын
Masters in computer science
@RahulPandeyrkp
Жыл бұрын
kzread.info/dash/bejne/m3ipmNWlgsmyiZc.html
@Karim2clean
Жыл бұрын
@@RahulPandeyrkp thank you Rahul! I’m a new sub! Keep up the great content!
goat
all these offers, and still cant get the camera in focus.
@RahulPandeyrkp
11 ай бұрын
Can't argue with this 🤷🏽♀️
Damn.
dang, my company pays software engineers in the bay wayyyyy less than that even in 2022 and its a bigger company than all of those :(
@RahulPandeyrkp
Жыл бұрын
There are massive differences in compensation based on the field, company, and location. It helps to be aware just so you know how/if you want to update your career
Can an aspiring data scientist join Taro?
@RahulPandeyrkp
Жыл бұрын
we're focus on software engineers, but there is some overlap between the fields.
i’m 21 making 150k as a software engineer. no college education or anything. just self taught and online courses, the only think i’m not happy about my job was not getting a sign bonus but is alright. i’ll get it later for sure. i’m just trying to say, anyone can make it
@RahulPandeyrkp
Жыл бұрын
That's awesome, nice job!!
Fuck my mental health, I watched the whole video. Make your own decision.
I think your camera is focused on the mic than on your face.
@RahulPandeyrkp
Жыл бұрын
😭😭
You received all these offers and chose Pinterest?!
@RahulPandeyrkp
Жыл бұрын
I ended up choosing a tiny startup (founding engineer) which got acquired by Pinterest!
curious what networth$ does a typical silicon valley engineer consider "F u" money? $10M? $20M? $30M+?
@RahulPandeyrkp
Жыл бұрын
depends very much on the person (e.g. if you want to buy a house in the Bay Area or go somewhere else). I'd say $15M liquid net is what most people would agree on.
I work in tech. Can we please stop with these unrealistic titles. Your offers per year are well within expectations and not out of the ordinary
fix your camera its focuse was changing between your face and mic
@RahulPandeyrkp
Жыл бұрын
I noticed this halfway through the editing process :/
finished watching
No one is calling it Alphabet!!! they better change it back ahahaha
I dont even understand whats the point of this video in 2022. What woould I do with the information of compensation from 2014? People just making clickbait videos for no reason at all.
Had to slow this shit down 😂😂
And hear I am Working for $3K/year
@RahulPandeyrkp
Жыл бұрын
come to the US or do remote work!