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How much Product Managers REALLY make at Google & Facebook/Meta
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- Опубліковано 18 сер 2024
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my fellow chloworkers~
man, i really outdid myself with this video. it's like 3 videos worth of information jampacked into one. it's so hard to talk about comp without talking about how it's structured too. hope the crash course was helpful! I really took quite a bit of time curating offers and verifying these ranges with my pm friends who work at these companies. i'd take some of these stats with a grain of salt esp at the higher end. i also did not consider stock appreciation, refreshers, or promotion packages. some packages can truly vary!!
i really hope this video helps inform how you own your career and compensation no matter what role you're in. money is an extremely sensitive topic that i've always dodged, and that honestly hasn't helped me. i also know that pm salaries are very kept within our inner circles and that's not great for promoting this career path to people who don't already have the resources and connections. rootin' for you wherever you are in life ~
if you haven't noticed already, i've done a TON of back-to-back career vids and i've been ITCHING to sprinkle some fun life vlogs this next month (yes i have a life outside of work, okay). i really wanna add more lifestyle things on this channel. lmk if you have anything you wanna see. as a teaser, i have a special v-day one hehe. stay tuned! (also happy early lunar new year)
yours,
chlo ʕ•́ᴥ•̀ʔっ♡
📚 chapters 📚
0:00 - breaking news
1:01 - perspective on money (real talk)
3:06 - how compensation and levels work
6:23 - google compensation
8:34 - meta compensation
9:39 - how i really feel about tech salaries
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Thank you for this video! It's so important for PMs and folks aiming to break into the PM career to know the TC range for varying levels at these companies. I'm a Sr. PM at Amazon (7 total yoe, 2 yoe as a PM) and can attest the TC you shared for Meta and Google seem accurate. Always recommend people to look at Blind for discussions around offers and TC structure to get a better baseline based on their location. Happy to discuss insights about Amazon if you're curious!
Lawrence!! Wow, thanks so much for attesting to the TC ranges. Appreciate you sharing your YOE and role!! Helps a bunch with understanding ranges and baselines. I had a couple questions from people about Amazon, but I don't really have Amazon PM friends in my network. I wasn't sure if the Levels.fyi guide was truly representative across the board, but lmk if you think it's about right!
@@chloeshih Yep, they're directionally accurate on Levels.fyi. The challenging aspect of TC at Amazon is that the base salary is capped at a certain amount regardless of your level. Due to this, some employees' TC can be comprised of 40-60% stocks (or even larger % the higher your level). This makes TC hard to gauge for existing employees or for new offers when the company's stock price experiences significant movements (e.g. in 2020 vs. this month).
@@its.lorence Hi Laurence, how do you like working at Amazon overall? I'm currently interviewing for a Program Manager role and was curious to learn about the culture within Amazon, I would appreciate any information 🙏
@@chloeshih Thanks so much for such an amazing video! Much appreciated, this is super helpful and not many videos of this depth out there. Thanks again! 😊
Hey, I'm a software engineer that watches your videos out of interest. I think a cool video to make would be discussing opportunities as a PM at Big Tech (FAANG and Big N) vs. Unicorns/Start-ups. Doesn't have to focus on compensation, but major differences overall. I've had to make this decision for myself as a new grad between popular unicorns vs. Big N (ex/ Pinterest and Netflix)
And what decision did you make?
This is actually a great topic. Went through the same, and wish I knew some of these things before hoping between these 2 realities!
Would you be able to do a PM resume video next?
• formatting
• getting past the ATS
• examples using your actual resume (with confidential numbers blacked out)
• hard skills we should or shouldn’t list depending on experience (Python, SQL, etc).
And if you have no internal company reference - should we cold DM a recruiter on LinkedIn once we apply? What should should we say?!
Just tossing out ideas! Thank you and love watching your content journey 🥰✨
Chloe - I stumbled across your channel after being fired as a Sr. PM from a toxic workplace. These videos literally turned around my career outlook and showed I was underpaid and undervalued. I received several offers and all with significant equity with most rounding out of series D funding with plans for IPO in the next year!
WOO!! I'm so happy for you man!! Let's goooo!!!
Hi Chloe! Thank you again for putting together yet another insightful video!! Money can definitely be a sensitive subject, but you're totally right about the need for transparency especially for people who don't have access to those resources and connections. I really admire and respect your story coming from a low-income background, lacking financial literacy, to being financially independent and supporting your brothers + parents livelihood and education!! I definitely relate to this part and I'm two years post-grad, so I'm hoping I can also do something similar for my family as I educate myself in financial literacy and try to make these career moves. Looking forward to your next videos and I'm excited to watch whether they're career related or lifestyle! Thanks again for sharing x
-codibear (codi)
Hi codibear! It definitely is incredibly sensitive. I've never felt good talking about it, but I think it only helps when we start sharing these numbers to find out about the secret conversations that we're not part of.
I'm rootin for you in your journey of financial literacy as well!! I'm still figuring it out. One of my ny resolutions this year is to understand what money means to me. Especially in tech, it's so easy to just keep chasing the next number and it's an endless game.
Thanks for taking the time to share such a thoughtful comment!!
This is such a good video! So well put together, I can see the effort you put in. Thanks Chloe!
ahhh thank you Maryyy!!
I just want you to know that, when I first graduated in 2020, not knowing what to do, I saw a brief clip of one of your videos and thought I needed more research on the tech industry. Now after trying to be a full stack developer, trying data engineering, trying out to be a quality assurance for a video game company, and trying to finish a UX design certificate, it all in the end brought me back to your videos on product management. I know this is what I want to do now after all those experiences because of people like you who give out so much information, not inaccurate, but carefully picked and spread thoughtfully. Keep doing you!! Best wishes!!
i transferred internally from other functions to PM in a big tech - I was able to negotiate my PM offer up by $50k+. Thanks a lot to you - this one, and the previous negotiation one. i'm also sharing it with my other girl friends who are on the same track. Tremendous work Chloe, and I will buy you boba if I ever run into you in SF!
Woo!! $50k is amazing!! I'm so happy for you!! Also YAY BOBA
Looking forward to the video about what you like/dislike about being a PM!
I'm 6 months into my first PM role and this role is so much harder than I anticipated D:
Haha yes there are a ton of challenges, but out of all the career paths I've taken, this one's my favorite. I think it also takes a while to get used to what the expectations are, so don't worry! You got it!!
I am a design manager at Meta (12 yoe), transitioned over from PM side to design side for the love of design craft but doubt comes up in my mind whenever I see the comp comparison between the two roles. Haha thx for sharing. Agree this is in range with what I’ve seen as the PM TC.
Hey Chloe, wow thank you for this video & for doing all this research - super informative! I’m a PM at a ~100 person startup in the Bay Area (w/ 2y exp) and wow, my jaws also definitely just dropped to the ground looking at the TC numbers you shared - I had no idea Google/Meta PMs got paid and I think it gives me a lot of perspective. Would love to get a video on what you’ve seen other startups offer even if I know it wildly ranges - while I agree money may not be everything, it’s certainly important to know if you’re being compensated fairly with others in your area! Thanks again for doing what you do 🙏
hi priscilla! of course - yes! I'm not exactly sure how I'll package the other offers. honestly I can't really say that there are trends for me to point out. it is quite possible to be paid higher than at faang because faang ladders are pretty rigid. you can also "supposedly" get promoted faster at startup environments, get to management level, and hop on over to faang so you don't have to go through the years to reach that comp bracket. AND there's stock appreciation, which is a huge component to jumping on pre-IPO unicorns that will like triple your stock value. it's just such a complicated topic. I only really touched upon offers too. but i will say that knowing what you're worth at the faang levels helps negotiation conversations with startups too. you'll know what numbers they're benching at.
Salary transparency is sooo important. Thank you for normalizing talking about pay!! I also have videos where interviewed FAANG employees how much money they actually make. Kinda mind blowing to see big gaps between these Big Tech companies 😮
Yes, please do a vid on salaries of non-FAANG companies!
I know!! I definitely need to. This'll be so hard for me. Need more stats for sure. I feel like I don't have enough coverage yet. When I do, I'll definitely post!
Also potential expat opportunities? I'm a product manager in tech in Australia so would be keen to see whats out there
Thank you so much for breaking down the compensation structure. I had a colleague explain her comp to me and as a journalist I had no concept of what the breakdown.
oh yeah the comp breakdown is pretty complicated. i really only scratched the surface tbh. :< hope it's straightforward enough for your purposes!
Hey Chloe! Thank you so much for your research, time and effort you put into this video. This was so informative and helpful. You inspired me to look more into PM! Can't wait to see more content about PM stuff. :)
So glad you're here & found this video informative! I'm wishing you the best in your future endeavors. You got this! :D
Update!!! Got the PM job, thanks Chloe
AMAZING!!!!! 🎉🎉🎉🎉 CONGRATS!!
Been watching a bunch of your videos. After landing a role in SF early this week, I'm moving from Australia this sunday. Thanks for all the guidance! especially loved the day in the life!
Oh wow!! Congrats on landing a role in SF!! I need to do more vlog type videos haha.
Hey @TheWipeKnight, I'm interested in getting into SF. Do you have tips?
I have been watching you for a minute and love the direction you are going in with your content. I appreciate your transparency so much! I am so excited to hear about why you love/hate PM because I'm actually just starting my product career :3
Chloe, you make some of the best product videos of anyone I have seen. Glad to see you get sponsorships for your content!
Hi RPG!! Ahh thank you! I'm so glad you appreciate them. I'm super thankful for the sponsorships too! Helps me elevate the content so much more. :)
This is so informative Chlo! Would love to hear more about your personal experiences of being a PM and what you love/dislike about the job!
big companies pay good money to their managers, that is the only good thing about big companies.
This is a friggin goldmine of information. As a young PM looking to switch companies, this is super helpful!
hi joshua!! haha i'm glad you find it useful!! and thanks for dropping a comment. the hours put into this video were worth it!
Chloe I simply adore you! Thank you so much for this information. While I want to get into Project management, I do see interest and value in product management 😊
Hi meme!! Ahhh
Im so glad you listen product marketing under friends along the way. Sometimes I feel like PMs hate us lol
oh no i love product marketing!! great people and great ideas!!
It is insane how large the difference between US and Canadian PM salaries is! Would love to see what the B2B SaaS startup salaries look like in the US :)
Ooh I don't have a lot of friends in B2B SaaS companies (let alone startups). I do have a handful of friends at Salesforce and the comp is generally lower from what I've seen. Try looking on Blind if you're able for specific TCs!
Awesome. As a former software engineer, I don't want to code anymore and would rather manage a product. Great video!
haha you can def do it!!
Hi Chloe, I love this video. It's so informative! I'm curious about the wealth aspect, especially in the case of equity. I'm in SEA but I'm so curious how equity is exercised in the US. It'd be great to have a deeper understanding on this! Thanks!
Hi Audy! Here's a really great guide for equity here: bit.ly/holloways-equity-guide
Your video is such well structured and I really enjoy your sense of humor!
Thanks so much Chloe! I appreciate your wisdom as an Asian American in tech and why money IS important to give you freedom. I learned that it's more important when you are young to focus on stability then passion later!
Yasssss new video!!!! Thanks Chloe!!!! OMG!! the introooooo.. I love this so much!
hahah glad you like the intro, erica!!
what are those round coffee tables/chair there? I live in a studio in nyc, and those would look great in front of the couch hahaha thanks!
oh it's a pouf from cb2!
@@chloeshih yesssss thanks!
WOW!!!
I love the way you teach. I am here for 10 minutes and I'm a subscriber now!
i'm glad you enjoy it! :)
Chloe! Why are you so awesome?! Love the content. Thank you for educating us and catching our backs! 💪🏽😩🤩
Dear AC - it's because YOU'RE awesome! :D
Thank you for being here, sharing your energy, and contributing to the community. Wishing you the best wherever you are in your life and career!!
Great video! Thanks for sharing this info. 😁Can’t wait to hear what you love/don’t love about being a PM.
Yeee! Can't wait to post that as well!
This was really helpful! All your videos are really entertaining (memes at the beginning) and has uber informative content in PM space. Suggest you make a case study of end to end feature implementation from your past experience. Thanks and stay awesome :)
Hi Prathamesh! Ooh that's a good suggestion. Thanks for the idea!! :D
You are a bright light. Never change!
Thank you so much, Clinton!!
I didn't see this question in the comments, have you found being remote changes the salary? $300,000 is a lot where I live in NC, but definitely doesn't hold the same value in San Francisco. Do companies change their salary and offerings depending on if the job is remote or not?
Yeah! Well it depends. Some companies are paying remote the same wages (like Reddit). But most tech companies will give you a pay cut depending on what tier the city is in. So I think SF and NY are Tier 1. They get 100%. LA and Seattle are like Tier 2. So the cut might be 5-10% less. And this goes on.
Data science is definitely higher paying than product management.
Very informative video! Thank you very much! Do you also know the main differences between levels you described? I know the description of levels can be vague but I am curious, what skill set would make you be placed in level 5 or level 4 etc when you are being interviewed. Also another aspect is: for example you are level 4 and you want to get promoted to level 5. What should I add to my experience or knowledge set so that I can get promoted?
Loved your video, Chlo! Great topic and delivery! ❤️❤️
Glad you liked it!!
This video was godsend to me! I needed this today!
I'm offered an APM offer with a non FAANG company not in the bay area, but I still feel it's very low, considering I have 5 years of non product experience.
But looking at these numbers, truly jawdropping, future definitely looks bright.
Getting into product out of pure interest and passion :)
This video was very well put together and really organized - I loved it! I'm currently a project manager at Salesforce, aspiring to be a product manager and your videos have given me a wealth of insight into the career. I'd love to hear if you have any advice for people transitioning from project management into product management. Thank you!
glad it was helpful!! oh man the transition is definitely super difficult. I have a video on how people transitioned into PM: ua-cam.com/video/8o4jFPV2ras/v-deo.html
@@chloeshih thanks for sharing!!
Thank you ChloChlo, this is insanely inspiring! Also, love the design and overall feel of all the videos 💛
Hi Artur!! Ah so glad you enjoyed the video. And thank you for enjoying the design and vibes ~ I'm not a great designer so it takes me a bunch of effort to pick out fonts, colors, and music.
@@chloeshih I'd be happy to help with the designs if you ever need a hand 👋
did you share your comp as well? for people to have as reference?
I've only given general ranges so far, but I do plan to share my personal pay breakdown later down the year! But first - we got several other videos in the queue haha. Appreciate your question!
Such an informative video. Thank you Chloe 🙏🔥🔥💯🙌👍
Glad it was helpful, Emily!
Thanks for this awesome video. Had a boba while watching this
Hi Chloe,
Thank you so much taking the time to put these amazing videos together!!
As a PM, how do you come up with new innovations and what are the processes that you go through in order to make the innovation a reality with an existing or new system?
I think if you truly understand your users, then it's not hard to come up with new ideas and innovations for products. You'll get feedback really fast for user pain points. If you're monetization or growth driven, you can look at growth funnels and see where the leaky points are, etc. You also just need a very clear understanding of goals to drive the right ideas.
@@chloeshih Chloe thank YOU for the response!
I have one more question if I may?
How does an individual stepping into a PM role find a mentor and what are the types of "questions" one should be asking?
Appreciate any advice you can give.
Absolutely smashing! Love the production Chloe 🌎🥳
I just saw a job post in india for APM at
Would really be curious what a place like Discord pays? It's a tech company but not a big tech. Can you give us a range Chloe?
I'd love to share more - and I have plans to share my own personal pay history too later down this year. I'm not sure if I'm allowed to share Discord's numbers specifically, so I have to clear that first. Thanks for asking though! I'm gonna keep this on my list for sure.
I’d be curious to know this as well.
I love your content, it's so good! Would love to learn more about how you started your channel, your camera set up, and editing process.
Hi Millie!! Oh wow I'm so new though. I have some of my tools and camera set up in the description with links! I also have hours listed so you see how long each video took me haha. I def don't think I'm a legit enough UA-camr to have a good process to share :
Hey Chloe, who edits your videos? they're so well done!
I do! 😀
Thanks, Chloe! Im PM in Brazil, I love your videos!
The video is so well done! Amazing job! Just not sure if all salaries are from sfo cos I saw a slide that said sea at the bottom.
oh yes there are some SEA and NYC ones I believe. Couldn't get super clean offers from just SF, so shared some comparables elsewhere!
So informative! Good job news reporter Chloe!
Hehe thank you ~
Thank you for this video ! Knowledge is power, this video provides a lot of value🤩
it truly is!! glad you find the video useful!
Awesome as always. Going to keep plugging away with the applications!!
Wooo!! Keep it up Johnny!
This vid so informative! Thanks for sharing and this will help ppl who are dreaming to be future PM (me!!)
So glad it's helpful!! :D
Chloe great job with your content, improving a lot lately! How about a video about the different Product related roles/responsibilities that are popping up, like Product Operations, Product Marketing, and so on? Keep growing!
Hi Gustavo! Oh yes I really do want to branch out. Good suggestion!
i get so much inspiration and hope from watching your videos. once i land my data science internship, ill be sure to buy u boba :)
Hi Alyssa!! Omg yaassss boba pls hahah. Also congrats on getting a DS internship! Those are hard to get into!!
Lol love the way you deliver content ✨👏🏽
thank you, janine, haha ~
Equity portion is insane!
It really is absurd! Like here I am thinking salary is everything, but equity really is the thing that gets someone to buy their first house. Also I didn't even tackle stock appreciation, which is a huge factor as well.
Questions to all pm here
Are u satisfied with salary you are getting being a PM rn?
love your energy Chloe! :)
Wow this is wild
Yeahh some of these numbers are outta control especially when I see how young people are. There are definitely people in their 30s who just make it at L4 or L5. It's a windy career path and there are so many variables. :/
But yes some of these numbers are crazy.
I love your videos! Can you show us how you edit them 😍 what software do you use?
I share some of my stuff in the description! But basically I use Premiere Pro!
Just got a new job making $130K a year as a PM at a gas company. Turns out thats chump change compared to these companies lolz
Should I get some courses for product managers or MBA in marketing will be enough?
omgg new video so excited
yay!! so glad you like it!
Hey chloe im 14 currently and my dream job is to work at discord as a software engeineer one day if its still avaliable do u have any tips on what i should start doing early on that could help in the future
Young Clo!! The most gangsta PM name on the block evaaaaa
YUNG CHLOOOO
Thanks so much for the eye opener Chloe ❤
I'm glad it was helpful to you!!
Does anyone know info for PM's or TPMs at Tesla? Do they get a bonus?
Oh wow. I'm a group product manager in the PH and get 40k per year with 15 hours / day work. This sucks.
Where does a Staff Product Manager fall in the chain?
Thank you so much Chlo. I am a PM for a startup in Nigeria. Is it possible to work remotely for a US-based company, from Nigeria?
There are many remote companies, but I'm unsure about international regulations. Since remote policies are so new, I'd just keep finding job reqs that say "remote" and try applying to see if they're open to international talent!
@@chloeshih Thanks a lot 💜
Really awesome video - I feel like it's really hard to find data points on this type of stuff (probably by design... ignorance is bliss, supposedly?), so definitely appreciate the work you put into this!! Especially loved the Naval shoutout... I find the things he says always end up sticking with me the longest. Such a sharp mind.
I'm glad this video is helpful to you! And yes the naval quotes are amazing. That man has shared so much wisdom through his tweets haha
I love Product. PMs also typically have specialties (Data Science, Mathematics, etc).
Indeed!
Hi Chloe, thank you for all your interesting videos.
I am graduating in May and have more of a business background (bachelor in Economics as well as a Master's in Business, innovation, and entrepreneurship) do you think it is still possible to become PM?
I have done internships at startups/GAFAM company in account management and sales role but don't have any technical background.
Thank you very much !
One of the most honest videos as far as salaries at some top companies but I think data scientists can make comparable money. It also sucks for software engineers to have to listen to PM’s while making more money? Anyways, this video was much needed.
Engineers looking at this video like “glad I didn’t become a PM”
I’m assuming engineers make a lot more at the same level?
oh man engineering salaries are outta control 😓😓
I worry that far too many Asian Americans are making financially dumb decisions to chase low-paying "dream" jobs. Glad you've corrected your thinking and are helping others avoid that mistake.
can someone please explain me what equity means in a compensation?
Ownership in the company. Most companies either give restricted stock units or stock options
And typically this equity "vests" over time, meaning the longer you stay, the more stocks or options you get. They're sometimes called "golden handcuffs" because you're rewarded more for staying at a company longer.
Love this vid
I've been searching for this numbers for a while and I'm glad you shared them, Chloe! But I guess they vary a lot from country to country. I am an APM in a big tech company in Brazil and, doing some quick math here, I can assure you that my TC is less than US$ 30k (our currency is really devalued right now). It is a whole different scenario, I think it is not fair to make this comparison at the end of the day. But it makes me think of seeking oportunities abroad.
What software do you use in you product management career?
Like at my daily job? I use Asana and Notion at work these days. It varies by company!
Well, you have a great heart and mindset behind finances, so your wealth is well-deserved.
Ah I'm honestly just figuring it out and it's quite daunting. Just wanted to share the little nuggets of knowledge I was able to gather in the my last few years!
Could you do the entertainment space for a PM? Love your videos :)
Hi Tara! Oh interesting. What specifically about the entertainment space are you curious about?
@@chloeshih Music and Film
Hi Chloe.. what locations are these TC’s based on? Thanks
primarily the SF bay area! I have some footnotes on whether they're NYC or seattle based too
Loved it 😊
Thank you! 😊
I’m a product manager too hi!!! ❤️❤️❤️
Omg hiiii happier!! :D
Make video on skills and software required for PM
This is a fantastic video. I’m so motivated so switch careers & chase the money. Lol What type of engineering did you major in?? *edit* Actually, nevermind - I’m guessing you majored in software engineering. (If I’m wrong, pls correct me!) I think majoring in CS would’ve saved me headaches & made me more money (civil engineering is tragic) lol I’m considering doing a masters in software engineering but I’m scared to take the leap
So what about discord?
And they still can't afford rent?
How would you recommend a 35 yo whose BS is in Organizational Communication buts only worked in customer service to switch to PM?
Can you do product management with a project management degree?
Yep!
ty discord ping
ayeeee early crew!
Hi Chloe, are you still hiring? I'd love to submit my application for Creative Assistant.
The key is to make West Coast MANGA pay while living in a tax free/low cost of living stare like Texas. :) it’s pretty wonderful ^^
OH MY GOODNESS. don't even get my started on the taxes here T_T. These california salaries are high, but the cost of living, real estate, and taxes just destroy me. T_T Y'all out there in the midwest and the south are really the ones winning
@@chloeshih lol yah, I started my career in the Bay Area and also lived in NYC then Seattle. With the pandemic I moved home to Texas and work remotely for a tech company as a Principal PM…and it’s been…good :)
Oh just noticed I used my other UA-cam account lol.
It’s absolutely insane what the Product/Tech compensation is. Many of us are getting paid what executives in other industries get paid. Even as ICs!!! My friend is an executive in the insurance company and when I share the figures you shared in the video it’s just staggering to him.
Keep up the awesome content!