5 Offers w/ FAANG, $1M+ Compensation: Details + Lessons (Software Eng Salary)

Рет қаралды 109,023

Күн бұрын

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/...
📱 Get Taro: joinTaro.com
💌 Join our mailing list: email.jointaro.com/
Hi! I’m Rahul, a software engineer and founder with a passion for teaching.
📹 KZfaq: / rahulpandeyrkp
📝 LinkedIn: / rpandey1234
🐦 Twitter: / rpandey1234
📸 Instagram: / rpandey1234
📂 Github: github.com/rpandey1234/
➤ Connect with Alex (my cofounder): / alexander-chiou
➤ Slack community: join.slack.com/t/techcareergr...
➤ LinkedIn community: / techcareergrowth
🎥 My KZfaq Camera Gear - kit.co/rpandey1234/my-youtube...
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

@RahulPandeyrkp Жыл бұрын

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.

@jcsteez24 Жыл бұрын

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!

@sharathreddy5619 Жыл бұрын

The best thing I like in your videos is I don't have to increase the Playback speed 👏👏

@RahulPandeyrkp Жыл бұрын

😇

@joseortiz_io Жыл бұрын

Congrats on pursuing your business venture 🙂 Also nice analysis on the present value of the TC from all your offers!

@oleksandrasaskia Жыл бұрын

I love this video! Love your style, no bs and every minute of this video is valuable. Thank you

@niklas8630 Жыл бұрын

Thanks for the transparency and willingness to share! Awesome!

@NimTheHuman Жыл бұрын

This is inspirational. Thank you, Rahul, for your honesty and openness. I also appreciate how organized and well structured this video was!

@lazybuttt Жыл бұрын

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.

@zshn Жыл бұрын

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!

@luisurena1770 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 3 ай бұрын

@zacharyyan4898 for most, it pays more and keeps you on new greenfield projects.

@95vinoth Жыл бұрын

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.

@GenevieveMasioni Жыл бұрын

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?

@CreeperFace75 Жыл бұрын

Dang those are crazy numbers. Congrats on them and thank you for helping so many others have successful careers.

@jmmtechnology4539 Жыл бұрын

Great video man! I knew tech compensation in the US was significant but this really put things in perspective.

@InsideCorporatePlaybook Жыл бұрын

Well done, Rahul! Great channel and lots of valuable tips to learn about FAANG companies.

@sergeymatpoc Жыл бұрын

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 ).

@MichaelRicksAherne Жыл бұрын

Great content. Thank you so much, Rahul. I hope you have the best of luck with Taro!

@RahulPandeyrkp Жыл бұрын

thanks Michael!

@skeletonboxers7336 Жыл бұрын

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!

@thomas6502 Жыл бұрын

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!

@NirmalSilwal Жыл бұрын

thank you so much Rahul for sharing this deep insights. Really appreciate it.

@fivestarsingh Жыл бұрын

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

@moonbeam254 Жыл бұрын

one of the best videos ever. not for everyone for sure but as an aspiring SWE, this is motivation for me

@jelanijackson3247 Жыл бұрын

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.

@aldosanchez6305 Жыл бұрын

One of your best videos yet Rahul. Thank you for your content

@JacobSucksAtCode Жыл бұрын

Great video mate! Nice to see authenticity

@Kyjor_ Жыл бұрын

Great info! I appreciate the transparency

@packetshark Жыл бұрын

Loved the way you summed up the video by encouraging others

@arjunekbote8979 Жыл бұрын

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

@hamsalekhavenkatesh3440 Жыл бұрын

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 :)

@sharoncohen318 Жыл бұрын

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

@mohit4902 Жыл бұрын

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

@danielqu4947 Жыл бұрын

very helpful, what a great life to be in tech early

@gabrielvrldev Жыл бұрын

Great video, Rahul! 👏

@namanbhayani1016 Жыл бұрын

Thanks Rahul for sharing this.

@Josh-ge1cr Жыл бұрын

My man's sign on bonus at facebook is my entire base salary and I just got into my tech job this week!

@DisturbedRocks Жыл бұрын

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.

@nofavors Жыл бұрын

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.

@JagjitBrawler Жыл бұрын

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: kzfaq.info/get/bejne/iKl5i7aIxtzammw.html

@Gamabunta24345 Жыл бұрын

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.

@adityavikram Жыл бұрын

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

@devalraval007 Жыл бұрын

Congratulations bro 👏 🙌

@codingwithmitch Жыл бұрын

We should do a podcast some day

@charan775 Жыл бұрын

big tech stock grew a lot in past couple of years. 2015-2021.. but don't think there will be same growth in future

@roywastaken Жыл бұрын

you're a beast Rahul!

@kparimi564 4 ай бұрын

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?

@harshg7262 Жыл бұрын

insane offers especially back in 2014

@Gergaferg Жыл бұрын

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.

@yankhonski Жыл бұрын

Thank you Rahul. I started getting FAANG offers after 10+ years of experience. Now I am joining Microsoft.

@tempestofsouls5693 Жыл бұрын

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

@kobalt9299 Жыл бұрын

to be honest your esteem fades away when you start looking at your taxes🙃

@911419834 Жыл бұрын

Great video! But my question is what do these companies seen in you?

@wellijustcantsayww3mightbe187 Жыл бұрын

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.

@SuboptimalEng Жыл бұрын

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.

@uri_1199 Жыл бұрын

This video provided great value Rahul! Thanks for making it!

@BillionMoonshots Жыл бұрын

lessgooo!!

@rollno11kaustubhpradipjama34 Жыл бұрын

I wanted some information about placements at stanford what is the highest and avg on campus package for masters in cs?

@alii4334 Жыл бұрын

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: kzfaq.info/get/bejne/qpumktCBnZ-lmZc.html

@roosterfloss758 Жыл бұрын

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

@chopra1073ify Жыл бұрын

I also receive a lot offers on TikTok and KZfaq 😂 We believe you

@jaylakhani5568 Жыл бұрын

Very humble

@stackowoflow Жыл бұрын

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

@rinogo1 Жыл бұрын

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.

@SuchItHappens Жыл бұрын

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

@LeonidDragun Жыл бұрын

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

@gooddev506 Жыл бұрын

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: kzfaq.info/get/bejne/rdeUo92mmbXFYn0.html

@gooddev506 Жыл бұрын

@@RahulPandeyrkp Thank you.

@amospan14 Жыл бұрын

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.

@pradeepr86goku Жыл бұрын

Why would anyone pick Seattle? No state tax for one

@manhoosnick Жыл бұрын

What do you study at Stanford CS program?

@piyushsahu3841 Жыл бұрын

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

@sebastiangonzales119 Жыл бұрын

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.

@vnair2 Жыл бұрын

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

@boot-strapper 9 ай бұрын

all these offers, and still cant get the camera in focus.

@RahulPandeyrkp 9 ай бұрын

Can't argue with this 🤷🏽‍♀️

@kingofcampbell6413 Жыл бұрын

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

@JexelD Жыл бұрын

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.

@fightforfreedom21 Жыл бұрын

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

@tesladetails Жыл бұрын

Square is block now?

@rayanalasow7035 Жыл бұрын

thanks

@mnchester Жыл бұрын

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)

@sterben7040 Жыл бұрын

That's good. I stopped watching it right after the disclaimer.

@hunny1117 Жыл бұрын

Fuck my mental health, I watched the whole video. Make your own decision.

@tammiesspark Жыл бұрын

A+ on negotiations. Don't know why women struggle so much with this concept.

@shauryakapoor2122 Жыл бұрын

Do these account for compounded inflation or would that be complicated to calculate?

@luisnicolasrivas Жыл бұрын

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

@rob-a3365 Жыл бұрын

Aren't offers for new grads non negotiable now a days?

@RahulPandeyrkp Жыл бұрын

they might say that, but it's usually not true

@Karim2clean Жыл бұрын

When you received these offers, were you a BS grad or MS grad?

@RahulPandeyrkp Жыл бұрын

Masters in computer science

@RahulPandeyrkp Жыл бұрын

kzfaq.info/get/bejne/n6qladadt8ywiWg.html

@Karim2clean Жыл бұрын

@@RahulPandeyrkp thank you Rahul! I’m a new sub! Keep up the great content!

@michellebarnermckeej.d.3347 Жыл бұрын

❤❤❤

@saurabhjha2710 Жыл бұрын

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.

@supermarkethobo9567 Жыл бұрын

Can an aspiring data scientist join Taro?

@RahulPandeyrkp Жыл бұрын

we're focus on software engineers, but there is some overlap between the fields.

@jdsoteldo Жыл бұрын

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!!

@newboy1000000 Жыл бұрын

Had to slow this shit down 😂😂

@ApurvVerma Жыл бұрын

I think your camera is focused on the mic than on your face.

@RahulPandeyrkp Жыл бұрын

😭😭

@chrislong8417 Жыл бұрын

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

@jeffpeng1118 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!

@peymanghaemi370 Жыл бұрын

fix your camera its focuse was changing between your face and mic

@RahulPandeyrkp Жыл бұрын

I noticed this halfway through the editing process :/

@joekim4345 Жыл бұрын

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.