FAANG Salaries Have Become Ludicrous!
发布时间 2022-09-29 03:00:12 来源
摘要
It’s no secret that FAANG software engineers are paid insanely well, but do you know just how much these guys are paid. At the very low end, total compensation starts out at about $180k and it goes up to over $1 million per year. And let’s just clarify that none of these guys are vice presidents or C-suite executives. The highest position amongst these software engineers is simply principal engineer which is equivalent to IT director. But, with everyone and their mothers going into software engineering, you would think that the pool of talent would be insanely large and that these companies wouldn’t have to pay nearly as much. However, this is not the case because a significant portion of people who start learning to code doesn’t actually become full-time coders. This has led to a coding shortage especially when it comes to highly experienced programmers. Aside from there being a coder shortage, these companies have enormous profit margins meaning that they can raise salaries significantly before they start to feel any pain, unlike most other industries. This video explains why there is a software engineering shortage and why FAANG pays software engineers so much.
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Timestamps:
0:00 - 7 Figure Salaries
3:06 - Coding Shortage
7:19 - Free Money
11:31 - Pursuing CS
Thumbnail Credit:
Justin Sullivan
https://bit.ly/3ffJhcl
Resources:
https://pastebin.com/mdfTKw53
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