Not all companies work on the same technology. Similarly, salaries offered by Oracle to engineers with Cloud Computing skills are not just comparable to but sometimes higher than salaries offered by Google and Facebook for similar skills.
However, non-FAANG companies pay higher salaries than FAANG companies for unique skill sets or specific tech expertise.įor example, Microsoft, currently investing heavily in gaming, will likely pay much higher salaries for game developers than other companies. There is only a minor difference between the two, even at senior levels. Google and Facebook are two companies that pay the highest average salaries to software engineers in the US. Which Are the Highest-paying Tech Companies? Read 10 Highest Paying Tech Jobs in FAANG Companies to learn more about the highest-paying job roles and companies for software engineers.Īlso, read Highest-Paying Tech Jobs and Skills in 2022 to learn about the hottest domains in tech to earn lucrative salaries.
Salaries at FAANG companies increase with increasing seniority or level. Highest Salary for Software Engineers at FAANG Companies Microsoft’s Software Engineering Salaries Across Levels: Google’s Software Engineering Salaries Across Levels:įacebook’s Software Engineering Salaries Across Levels:Īmazon’s Software Engineering Salaries Across Levels:Īpple’s Software Engineering Salaries Across Levels: To put things in perspective, here are the average annual salaries of software engineers at different levels working at Google, Facebook, Apple, Amazon, and Microsoft. FAANG and Tier-1 Salaries (by Company and Level) For example, a Principal Engineer at Microsoft earns $500k (top of the band), whereas Google pays around $1.2 million - almost 140% more for the same level. The difference in pay scale between FAANG and non-FAANG companies continues to widen with every level. Here, we see that the average compensation for a Senior Software Engineer at Facebook ($380,000) is more than double that at Microsoft ($182,000).Īt senior levels, we see that there’s a stark difference even between FAANG and Tier-1 companies like Microsoft and Oracle.
Compensation figures shown below include salary, stock, and bonus. Tier-1 companies Oracle and Microsoft vs. Let’s look at the difference between FAANG companies like Google, Facebook, Apple, and Amazon vs. The figure below shows a company-wise comparison of salaries for entry-level software engineers. Once vested (based on a company-defined vesting schedule), these can be freely traded. Stocks (or equity): These are Restricted Stock Units (RSUs) issued to employees.Bonus: This is linked to your performance and is typically determined by a manager based on a performance review.Base (or salary): This is a fixed component, paid irrespective of an engineer’s or the company’s performance.The compensation structure at FAANG and Tier-1 companies usually include three main components: Why Do FAANG Companies Pay High Salaries?Ĭompensation Structure at FAANG Companies: Base Salary, Variable Pay, and Stocksīefore we get into the details, let’s understand the different salary components.How Do FAANG Salaries Compare to the US National Average?.Which Are the Highest-paying Tech Companies?.FAANG and Tier-1 Salaries (by Company and Level).Software Engineer Salaries - FAANG vs.Compensation Structure at FAANG Companies.If you are curious, we’ll answer all these questions and more in this article. FAANG (Facebook, Amazon, Apple, Netflix, and Google) and Tier 1 tech companies are known for paying high salaries to software engineers.īut exactly how high are salaries at these companies? How much do tech salaries vary across levels and companies? How do they compare against the US national average? Why do FAANG companies pay so much? How can one earn these salaries?
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