I got rejected from a job at google after making it all the way through three rounds of interviews. Saw the next year they laid off thousands of entry level employees. A blessing in disguise tbh
To summarize the video: Working for Big Tech is basically the same as working for almost any other company but you get paid more. Most of the things you mentioned are things that people already have to endure for much lower salaries.
Not necessarily. There are many tech jobs which are either fun or moral. Plenty of people are working in healthcare R&D from the tech side in a positive way. I work in video game development which has issues with crunch but I'm still doing my dream job at the end of the day. Big Tech or Fin Tech would pay 2x-3x my salary easy. The moral issues in addition to lack of passion for enterprise software keeps me away.
Pretty sure you don't end up in hyper competitive environments full of hyper competitive people with type A social climbing personalities in just any other company... Those types of people congregate in certain places and it's typically not your random no-name software shop.
Well I'm glad this kind of business model would definitely not work in Europe. At least in a majority of the countries it wouldn't. What I mean with that is, that everyone would at least take 25-30 days off and even if they serve dinner at 8pm, a lot of people would just clock out and do other stuff in their free time until it is time for dinner
The same companies hire in Europe and pay a third the wage with worse benefits. Less time off, no free breakfast lunch dinner, no free bus service from your house to the office, etc. The job market in the United States for technology is magnitudes better in every facet compared to Europe and everybody knows it. stop with the Europoor MuH rEgUlAtIoN cope. It sucks
I was thinking the same… imagine giving (for example) the French unlimited vacation and then some US managers being surprised that offices would be half empty throughout the year, hilarious! 😄🥳🙃
I honestly thought this was well known. The reason software engineering at big tech pays like investment banking/business consulting/big firm law is because you're expected to *work* like you're in one of those fields ie 60-100 hour workweeks barely any vacations and implicitly agreeing to give away your 20s in return for money.
@@preston7376 Yep. I work for one of the companies featured in this video and once you get past the imposter syndrome and you play their games, it's really not all that stressful. Honestly, if the hiring managers and interviewers did their job right, you wouldn't be there unless you made the grade. Yea, I'm busy, but I'm doing 45 hrs week max. 45 hours of busting ass, though. But that's how I work. I go home and do what I want to do and leave work at work. Unfortunately, the weird management tactics are very opaque at this company. The knowledge that someone is going to get PIP'd even on a team full of high performers is unnerving, but the professional sports team analogy used in the video makes a lot of sense. You keep those stats up or you're traded. You're not going to retire at this company. If you're good, you'll vest fully and you may find some golden handcuffs after then, but everyone knows they'll be gone within a decade whether it's their decision or someone else's. If it's the latter, there will be a nice severance for a soft landing. "No hard feelings. Here's $50K cash to not make a stink walking out the door."
I could swear I've heard you say on other FAANG videos that they often hire people whom they don't really have sufficient work for just to keep talent away from competitors. Obviously the labor market has gotten tighter, but that seems completely at odds with this video. I'd be interested in a deeper dive into what has changed or what accounts for the two different takes.
This is a good point, but I’d say there’s always stuff to do at a big tech company. At any company, some projects and ideas get left behind because there’s always something more important to do. These projects can get worked on if a big tech company overhires and then wrings out all they can from their extra employees, even if they would get ignored at other companies.
In my experience, people making this kind of money are either in upper management or are statistical outliers. Most people I know in tech work outside of Silicon Valley and make somewhere between 100,000 and 200,000 USD a year. That's still great money, but it's not 500k+. E: also, the idea you need to be a constant "rock star" to even stay employed is just not true at all. I've seen people in big tech coast for most of their career. They do their work in short bursts then relax. I'm not criticizing, they're fulfilling the job description, they're just not breaking their back beyond that.
@@gund89123 I believe you, but I also believe the numbers on levels(dot)fyi (have to edit the link, I think UA-cam auto-deletes the comment if I don't). The salary ranges reported there are a lot more in line with what I've seen from people working outside of Silicon Valley. In general, location isn't brought up nearly as much as it should be in salary discussions. 100k in San Francisco is very different from 100k in the mid-west.
Most of the money over 200k usually comes from stock compensation rather than base salary. A new grad fresh out of college on Google on California can start on 220k on total compensation but the base salary is actually something like 140k. And that's for a new grad. A mid level engineer can reach as high as 300k on TC on California. Now 500k+ is definitely unrealistic and something only the top of the top would earn. I've also heard the same about being employed. Once you pass the "Olympics" of job interviews its just another regular software engineering job. You just need to reach the terminal role of the company where you can just stay at position and responsiblity without being expected to rise higher or take on more responsiblity. Though not every team is the same and a higher visibility project is going to be more pressure than maintaining a legacy tool.
They do on California. Just not 200k on base salary. Its a combination of sign on bonuses, performance bonuses, stock compensation based on how good the company is doing on stocks, etc. An L3 Engineer on Google can totally start on that amount. But California is much more expensive than other states and taxes are very expensive.
IT maybe. But the video talks about developers in the core of the company's products. They get paid well. And some don't even have a Bachelors degree. Also, PhDs in these companies are found in their research organization ( Google Brain, MSFT Research, FAIR (Facebook AI Research)). You had better rock solid in logic and mathematics in these groups. They get to work on the next big idea and write research papers versus productizing ideas.
Not in a hurry to buy here as big financial issues are about to be recognized, IMO. Banks are in big trouble and over-leveraged (bail-ins?), debts are out of control; peeps CC's are maxed, and globalists think we should depopulate, eat bugs, and be controlled for their benefit. This should all get resolved very soon, might be very bumpy for a while, but peace and tranquility on the other side. There's so much f*ckery in markets that they may just close for good. I'll be patient for better clarity over the next 2-3 weeks,At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What's the best way to take advantage of this current market?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
This isn't the first time I've seen his name on social platform. I think his good reputation speaks for him, thank you for the recommendation I just contacted him
Your logic is so flawed in this video. It's not that software engineers are overpaid. It's the fact that all other jobs have not kept up the correct pay band with inflation. Corporations are dealing in record profits and doing stock buybacks while that money should be paid out for correct wages
Idk man. I feel like they are paying well enough to “suffer” these “difficulties”. They deserve the best talents if they pay well. And after they leave these big tech firms for better WLB, they often find even better paying jobs with normal hours - which shows how valuable their big tech experience is. I dont think there’s anything wrong trying to make it competitive. Would you rather work at a Japanese company where tenure speaks the loudest or a place like FAANG where your personal ability trumps? I think the answer is pretty clear here.
I don't understand why it requires so many top-end engineers to keep a video streaming company working. You would think that the software infrastructure was created and then put into maintenance mode. What on earth are so many engineers doing all day every day?
A lot of them only work for 3-4 hours a day. They will tell you that. Those jobs are more quantity product than quantity. They’re only needed to work on specific tasks most people can’t do.
You are thinking about the people that maintain the existing infrastructure. They get paid less. The people developing the next streaming products or creating efficencies that reduce the streaming companies costs by millions get paid more.
I really have to respect Netflix's take on its workers. It's quite honest. A lot of companies out there give the misleading impression that you are part of family when things are going great. When it's time to downsize you feel betrayed. You feel like the Blacksheep in the family who needed to be cast out.
I don't see Netflix as a big tech company - but I've been using them off and on since they mailed DVDs lol. They have made some TV shows and movies that are really good and keep a good depth of popular movies rotating on their streaming platform. That's not high tech. Netflix has also made a lot of badddddd shows as well.
The claim that big tech companies are not moral is so much copium. Big tech companies are a lot more moral than average companies. They are focused on profits. But Google, for example, has often given up BILLIONS in legal profits to do things it believes to be right. Very few smaller firms are capable of this. Indeed, having so much money has freed Google to choose to do the moral thing over the profitable thing when it wants to do so. When a person or company is very rich, it makes everybody else feel jealous. Voices claiming that they are behaving unethically are over-amplified, and nobody outside of the company has any incentive to say otherwise. But that isn't the reality; not by a longshot.
How about a video about BASF and there current Situation: expanding in china and having a really hard time in Germany (Ludwigshafen) right now because of various reasons like the missing gas deal with russia (gazprom). I work for them and I think it would be a really good subject for a video :)
•//• I believe we are meant to be like Jesus in our hearts and not in our flesh. But be careful of AI, for it knows only things of the flesh such as our fleshly desires and cannot comprehend things of the Spirit such as true love and eternal joy that comes from obeying God's Word [Galatians 5:16-26]. Man is a spirit and has a soul but lives in a body which is flesh. When you go to bed it is the flesh that sleeps, but your spirit never sleeps and that is why you have dreams, unless you have died in peace physically. More so, true love that endures and last is a thing of the heart. When I say 'heart', I mean 'spirit'. But fake love, pretentious love, love with expectations, love for classic reasons, love for material reasons (love because of material needs) and love for selfish reasons those are things of the flesh. In the beginning God said let us make man in our own image, according to our likeness. Take note, God is Spirit and God is Love. As Love He is the source of it. We also know that God is Omnipotent, for He creates out of nothing and He has no beginning and has no end. That means, our love is but a shadow of God's Love. True love looks around to see who is in need of your help, your smile, your possessions, your money, your strength, your quality time. Love forgives and forgets. Love wants for others what it wants for itself. However, true love works in conjunction with other spiritual forces such as patience and faith - in the finished work of our Lord and Savior, Jesus Christ, rather than in what man has done such as science, technology and organizations which won't last forever. To avoid sin and error which leads to the death of your body and your spirit-soul in hell fire (second death), you must make God's Word the standard for your life, not AI. If not, God will let you face AI on your own (with your own strength) and it will cast the truth down to the ground, it will be the cause of so much destruction like never seen before, it will deceive many and take many captive in order to enslave them into worshipping it and abiding in lawlessness. We can only destroy ourselves but with God all things are possible. God knows us better because He is our Creater and He knows our beginning and our end. The prove texts can be found in the book of John 5:31-44, 2 Thessalonians 2:1-12, Daniel 2, Daniel 7-9, Revelation 13-15, Matthew 24-25 and Luke 21. *HOW TO MAKE GOD'S WORD THE STANDARD FOR YOUR LIFE?* You must read your Bible slowly, attentively and repeatedly, having this in mind that Christianity is not a religion but a Love relationship. It is measured by the love you have for God and the love you have for your neighbor. Matthew 5:13 says, "You are the salt of the earth; but if the salt loses its flavor, how shall it be seasoned? It is then good for nothing but to be thrown out and trampled underfoot by men." Our spirits can only be purified while in the body (while on earth) but after death anything unpurified (unclean) cannot enter Heaven Gates. Blessed are the pure in heart, for they shall see God [Matthew 5:8]. No one in his right mind can risk or even bare to put anything rotten into his body nor put the rotten thing closer to the those which are not rotten. Sin makes the heart unclean but you can ask God to forgive you, to save your soul, to cleanse you of your sin, to purify your heart by the blood of His Son, our Lord and Savior, Jesus Christ which He shed here on earth because Isaiah 53:5 says, "But He was wounded for our transgressions, He was bruised for our iniquities; the chastisement for our peace was upon Him, and by His stripes we are healed". Meditation in the Word of God is a visit to God because God is in His Word. We know God through His Word because the Word He speaks represent His heart's desires. Meditation is a thing of the heart, not a thing of the mind. Thinking is lower level while meditation is upper level. You think of your problems, your troubles but inorder to meditate, you must let go of your own will, your own desires, your own ways and let the Word you read prevail over thinking process by thinking of it more and more, until the Word gets into your blood and gains supremacy over you. That is when meditation comes - naturally without forcing yourself, turning the Word over and over in your heart. You can be having a conversation with someone while meditating in your heart - saying 'Thank you, Jesus...' over and over in your heart. But it is hard to meditate when you haven't let go of offence and past hurts. Your pain of the past, leave it for God, don't worry yourself, Jesus is alive, you can face tomorrow, He understands what you are passing through today. Begin to meditate on this prayer day and night (in all that you do), "Lord take more of me and give me more of you. Give me more of your holiness, faithfulness, obedience, self-control, purity, humility, love, goodness, kindness, joy, patience, forgiveness, wisdom, understanding, calmness, perseverance... Make me a channel of shinning light where there is darkness, a channel of pardon where there is injury, a channel of love where there is hatred, a channel of humility where there is pride..." The Word of God becomes a part of us by meditation, not by saying words but spirit prayer (prayer from the heart). Take note, God is Spirit and those who worship Him should do so in spirit and truth (genuinely by living the Word). When the Word becomes a part of you, it will by its very nature influence your conduct and behavior. Your bad habits, you will no longer have the urge to do them. You will think differently, dream differently, act differently and talk differently - if something does not qualify for meditation, it does not qualify for conversation. *THE BATTLE BETWEEN LIGHT AND DARKNESS (GOOD AND EVIL)* Heaven is God's throne and the dwelling place for God's angels and the saints. Hell was meant for the devil (satan) and the fallen angels. Those who torture the souls in hell are demons (unclean spirits). Man's spirit is a free moral agent. You can either yield yourself to God or to the devil because God has given us discretion. If one thinks he possesses only his own spirit, he is lying to himself and he is already in the dark. God is light while the devil is darkness. Light (Holy Spirit) and darkness (evil spirit) cannot stay together in a man's body. God is Love (Love is light) and where there is no love is hell, just as where there is no light is darkness. The one you yield yourself to, you will get his reward. The reward of righteousness to man's spirit is life (abundant life) and the reward of sin to man's spirit is death. Sin and satan are one and the same. Whatever sin can cause, satan also can cause. Sin is what gives the devil dominion or power over man's spirit. When God's Word becomes a part of you, sin power over you is broken, you become the righteousness of God through Christ Jesus. Where Jesus is, you are and when He went (to the Father), you went. In the book of John 8:42-47, Jesus said to them, “If God were your Father, you would love Me, for I proceeded forth and came from God; nor have I come of Myself, but He sent Me. Why do you not understand My speech? Because you are not able to listen to My word. You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it. Which of you convicts Me of sin? And if I tell the truth, why do you not believe Me? He who is of God hears God’s words; therefore you do not hear, because you are not of God.” My prayer is, "May God bless His Word in the midst of your heart." Glory and honour be to God our Father, our Lord and Savior Jesus Christ and our Helper the Holy Spirit. Watch and pray!... Thank you for your time and may God bless you as you share this message with others.
Netflix....if it's like this guy is reporting, is not sustainable. IF. Also,....scale back your ritalin, I'm sure your real/natural personality isn't that bad.
Netflix is one the leading companies in Machine Learning. They analyze what you watch and serve up video order based on your demonstrated preferrence. Also, google the "Netfix prize" were years ago they paid devs a million for a better algorithm to increase viewership.
An awesome book about Netflix is "no rules rules", by reed hastings. I actually prefer how straightforward and forthright Netflix is. Their section on unpaid time off explains how it benefits the employee but only if the company does it a certain way.
But at the same time you're dependent on your customers, the economy and you're taking the risk that something could go wrong with your personal business. And at the same time you're risking that your capital investments could lose you money (which is of course really dependent on the industry).
I work at a FAANG and told a group of high school kids to treat a career in tech as being an athlete. It’s not a longevity career and the smart people plan their career arc viciously from the start
@@McFlashh pretty hard or at least takes some work. Need to study for exams. I have a non CS degree, but experience for a few years as a web dev. Just find an in or build experience on side projects/working on studf and study for exams
That is excellent advice. What you want should not be working for FAANG, working for FAANG should be seen as an investment, I give x effort and years and in exchange I get money and a strong resume, what you do with the money and the resume is what your focus should be. Getting into FAANG is as simple as a video game grind, it even rarely takes that much talent, everyone by now knows what they need to do and how to hack it, (few are willing and are always looking for shortcuts..) hell there's even books titled "how to hack the interview", but 16-18 year olds are much more likely to fall for "best place to work" and the extensive organizational psychology that is designed to steal their years and make them think something like working for FAANG forever is a goal.
What is a company or an industry where you only work 40 hours a week, get limited PTO, can make over 150k, and have some decent stability to produce offspring? It seems impossible to find.
I have property managers with little schooling and no formal training that make $100k+/year (after bonus so OTE) in Houston. The ones that have a good head on their shoulders can easily make over $100k
I imagine it's time to chop my Netflix subscription. I end up watching a couple of hours per quarter. So it's time I learn from their strategy and make the earn their pay
Pfft. Network engineer at an ISP here. Quite happy to be a big fish in a small pond and get a fraction of these numbers, thanks. Call me lazy, I don't care lol.
Not all tech companies are the same though. I have friends working at Google, Apple. I heard that Google employees have best work life balance. And least politics @ Google and Apple. Unlimited paid time off is scam. You are not forced to take vacation.
As someone who is studying to work in big tech, I always find pretty shocking how this companies manage to make their employees do more by offering things that are apparently super friendly and convenient. That being said, life is a marathon and so is work, that's one of the reasons why this is not a deterant for me (neither a motivator). The main reason I want to work in big tech is to make something that matters and develop something that is worth my life, my years and my sanity.
Indeed. I work at big tech and it's the most hectic job I've ever had. But I also feel energized going to work and feeling that I'm building something exciting. It's a great thing to do in your prime years.
If you want to build something exciting and new you should work at a start-up making something exciting and new, not work to make the newest version of Office or Gmail or some other already existing software product where the best you can do is some marginal improvement. @RealHumanUser Gotta love to read his coding comments or engineering documentation.
Not really. While it can be important if in some roles; Generally we care more about logic, domain knowledge and problem solving - which is why math is important. If you want to dunk on someone go for their naiveté / lying about their life's work having meaning and keeping their sanity. They could choose to pursue a career doing something without a 1% acceptance rate, high salary, obvious detrimental effect on society, and known burnout. @@RealHumanUser
As a software developer in non "big tech" your videos are causing me serious depression hearing how much these people make doing pretty much the same thing in doing. I was idiot for not moving out west after school.
@@TotalBorroto yea but it's been 10 years since school and I'd need to review a lot of stuff to pass the interview. So yea I guess I need to stop being lazy.
Big Tech has become a real life version of the Hunger Games -- everyone is intentionally pit against everyone else in a kind of 'last man standing' sort of way. The garbage they produce doesn't suggest their methods result in what they should actually want.
I'm building a house this year as a side project in a market with very strong short-term rentals. I could make $500k profit tax-free every 2 years selling my primary residence. That's the equivalent of $390k/yr taxed as regular income. Which is more than the CEO of our small company makes. If I'm successful at it. I'll quit the 8-5 after building the second house. "Retiring" from my engineering career at 44 and just building a house every couple years. No more high stress rat race. With a million dollars invested outside retirement after 4 years. No more self evaluations, unpaid overtime, asking permission for time off etc.
Moral dilemma? What the heck? the same moral dillema should be on every user of an android cellphone or iphone. Why a worker should be even care? and not the end user? Man , a nice laugh came from the beginning of your video...
Also lots of politics play a role in those tech firms.. You can literally be promoted 1-2 quarters ago and get axed not even a few months later. For the CV it's great, but wouldn't count to be there for more than 2-3 years.
Lmaooo - Oh no! people have to work hard to get paid at big tech! The horror! Or you know, you can work just as hard in most other jobs and get paid a lot less lol. If you're going to have to work hard, at least get paid for it.
The sick day culture is also pretty bad...Especially since the remote work started. My manager was always highlighting sick people then finishing by saying "you should take some rest", but the peer pressure and the fact that it was highlighted made it that sick days actually taken were rare...
Interesting video. I have worked at a few of these big tech companies and always found the culture kind of fun. I always like to be learning something new and these companies are always are short on people to do all the tasks so you can try things you have never done before.Also, some people hang around these companies for decades. And I know people at various SV high tech companies that have been there for 30 years. They like what they do and have found a way to keep their jobs challenging and rewarding.
I wonder if the PTO use disparity could have something to do with the types of jobs that tend to offer more or less PTO. For instance, I've never heard of any intense manual labor jobs that offer unlimited PTO. In fact, I've worked a few with 0 PTO hours and only three sick days the entire year.
It is not for everyone. Unless you love it, don't do it because you hear the money is good (which it is). That will matter little when it is 2 AM on Saturday and you are trying to get a system online by noon Sunday for the users half a world away.
@@JBoy340a Now that you mention it, I'm reminded of my previous job. I was in the improvement science dept at a hospital, and much of my regular patient safety work was cancelled due to covid. So I ended up learning VBA and automating the process of doing doctor audits, to make it upload automatically to the database and send customized reports automatically to all the relevant depts. I got it working, but man I didn't enjoy it at all.
Would really really like to see a videonthat breaks down what are those "engineers" actually doing so actively to be worth that much. Best example is for instance Netflix. What is that huge active need for software engineering when you have a streaming platform. It all seems blown up.
So I have been a professional developer for years and it still took me weeks to even properly PLAY high resolution video files. These people need to stream them
@@LogicallyAnswered Thank you for considering.😊 It's all comes down to miths. Maybe in software circles it is know and appreciated/exploited but outside it and especially outside USA it all sounds like a fairy-tale or made up jobs. Needs to busted open.
Jack Welsh at GE invented the concept of constantly firing the "bottom fifteen percent" each year and hiring newbies to take their place. Obviously, there is nothing new under the sun.
May be not 343k, but it must be commensurate with housing costs. If one needs to buy a house in the SFO bay-area companies should pay at least 3x the monthly payment.
How you normalize the "free market ethics"(lol) is surprising to me. No workers rights,no laws for firing without a reason,etc.. All the "good" of the capitalist society you so admire( and do nothing to fight against, to reclaim your rights). USA is a worker's hell.
I have to disagree with this video. I worked in big tech for 2 years before leaving for a higher salary. The perks are amazing compared to a normal company where you get paid like trash and there's almost nothing in-office to benefit the employees. We got 5 weeks PTO starting out, free meals, free health care, unlimited sick time, and much more. Whatever the reasons are behind it, it' still better than 99% of other companies. Also, everyone is not a super smart high performer. It's like any other company. There's tons of morons and lazy people. TBH in my time the problem was more the entitled workers who felt like they deserved more pay and benefits for no reason.
When you put it that way, how do I sign up? Have you ever worked for any other company that is motivated to slash as much out of the benefits while still working you as long as they can even if its not productive? Tech workers might not have a long 40 year career with one company, but they will get paid well in the mean time. And who wants to work that long on one project? Skipping around might make life more interesting working on a virility of projects. Well getting paid too? Big Tech company's seem like the best gig going these days!
As sinister as these companies are, due to the natural fact that money right now is mostly in tech, tech workers will always be spoiled in comparison to other fields. Every corp is equally evil, tech can just afford to spend more money convincing their people they are less evil. That means more money for us to suffer as much as the others, that is undeniable and anyone that works in tech that has friends that work in almost anything else can see this clearly, it is disproportionate and unfortunate, whenever I talk to my friends about their jobs the only thought that comes to my mind is that I'm overpaid, when I talk to other engineers at work, I genuinely feel underpaid and that my 'skills' should be making me twice as I am, in the end perspectives are limited and most videos like this one will come from the perspective of someone that works in tech that has no idea what it's like to do anything else, I don't think it makes them less valid, as long as they are understood from that context.
I agree, Microsoft has brought productivity and timetracking to an art and they too had (don’t know of it applies) a policy of firing bottom underperforming employees plus dozens of other sly tactics…
My little brother, who is a bit of a douche, has worked at facebook, amazon and now is a consultant for google. He proves it doesn't take brains or heart to make it in business. Just a lot of bravado.
Excellent video! I really like your presentation style. I wonder if Netflix's cash-only, do-or-die compensation scheme has any influence over the content they put out. They have a beautiful interface, certainly, but their content largely feels like spaghetti against the wall. There are wins, of course, like "Stranger Things", but there is a lot of slop. I don't get the sense that there's a unified artistic vision, the way you would have with HBO or Showtime or Hulu. I suppose that artistic legacies take time and trust to build, and to do that, you need to rest, breathe, and not feel threatened. If everyone is scrounging for cash and trying not to get fired this may not be easy to build.
3, 4, 5 600,000, a million a year,,,,,, that's insanity. I made like 10 bucks an hour for over a decade. I just couldn't fathom that kind of money! I don't know anything about what it takes to get a job at these places, but I imagine if they're paying you this kind of Rockstar money, they get to keep your soul.
These companies are worth over a trillion dollars, by market capitalisation. Their engineering/development team is what make all their products and services - so they pay them lots of money.
A lot of it is not in cash, but stock options. It can take up to 5 years for these stock options to fully vest. So in year 1 you own 20%, ... But you usually get another set of options every year. Often the latter sets are smaller unless you get a promotion.
Had to wait until the very end to get to the meat and truth. Simple: Employee should be compensated to 1/3 or expected revenue produced. In Big Tech, Finance, Legal, and Entertainment you have a higher revenue stream. So if you are making the company $1 million a year, you are justified at $300,000. Now that the money isn't as easy Big Tech is going to lower wages
"By the time they are in their 30s, they are often earning 500 thousand dollars, to one million dollars" - this simply isn't true. These are principal/staff positions and above, they represent a very small percentage of engineers at these places, regardless of tenure. Most people at all ages are capped around 250-350 if you look at the majority of people here, which is not exactly a pittance, but you are being sensational. Very very few people are making 500k+ percentage wise. Yes it is possibly, but in your 30s especially its actually quite rare. Also most people who've been at the company for a few years make much less than new hires. On blind you will hear about 350k mid level incoming offers (sensational, and likely an exception with competing offers, during a crazy period of wage inflation like 2021), but the vast majority of mid levels were low 200s at the time.
payout is ALWAYS directly proportional to expectation and believe me , they are high ..i worked as a contractor for google and facebook. They deadlines are is not possible for a 40 hour week period unless you are a genious.. Most of us , worked at least 50 hours and more than 60 right before go live..
Those days are gone for good now... You have seen these movies before I hope: 1...Minority Report 2...iRobot 3...the Matrix That is the future already in development right now.
This momey is only possible because the people doing the work are producing it. Stop letting corporations talk to you as if they're doing you any favors. They pay these salaries and still make billions which means you could b3 paid more than 300k
Ive taken AP Physics 1 and E&M. Physics 1 is a poorly designed class that teaches physics in an unintuitive and limited way that causes a lot of students to struggle. E&M on the other hand is taken at a time when you have the necessary math skills to really break down and understand the phenomena being studied. I know a great many smart people who struggled with Physics 1 and aced E&M.
Its about making enough to move forward substantially in life. A chance to work in big tech even for a short while is a chance to retire early overall.
errbody thinking that these tech companies are just a holiday with all the perks but the reality is the perks lure you in but realistically you can't maximise half of all those perks given how busy you need to work.
I got rejected from a job at google after making it all the way through three rounds of interviews. Saw the next year they laid off thousands of entry level employees. A blessing in disguise tbh
Where did you end up getting hired?
@@FunnyBoneBob The same thing happened to me here in Canada, got rejected and the people who got hired are now fired damn it really sucks
Exactly. Selection bias is the CORE of Big Tech’s activities. But even after you get selected as a good slave, you’re still easily expendable
Not really. A year at Google would get you a much higher salary at the next job if you were made redundant.
@@FunnyBoneBobYes if he doesn't state that then this comment doesn't make any sense.
There's a reason why FIRE exists and it's because Big Tech is only sustainable for 10 years, then you literally burnout and retire.
10 years at 200k a year is all ya neeeeeed
@@SyntaxWyntaxYee
I know plenty of people who have been in big tech for longer than that and haven't burned out
What is FIRE?
@@future62 I mean if you can sustain the grind, you might as well.
To summarize the video: Working for Big Tech is basically the same as working for almost any other company but you get paid more. Most of the things you mentioned are things that people already have to endure for much lower salaries.
Not necessarily. There are many tech jobs which are either fun or moral. Plenty of people are working in healthcare R&D from the tech side in a positive way. I work in video game development which has issues with crunch but I'm still doing my dream job at the end of the day. Big Tech or Fin Tech would pay 2x-3x my salary easy. The moral issues in addition to lack of passion for enterprise software keeps me away.
So like being a surgeon, or an investment banker. High salary, lots of stress and responsibility
I got a challenging job but there is no pressure. I work at my own pace. 80k a year without o.t
Pretty sure you don't end up in hyper competitive environments full of hyper competitive people with type A social climbing personalities in just any other company... Those types of people congregate in certain places and it's typically not your random no-name software shop.
And It’s lot more competitive.
Makes sense you work hard/smart you get paid more.
Well I'm glad this kind of business model would definitely not work in Europe. At least in a majority of the countries it wouldn't. What I mean with that is, that everyone would at least take 25-30 days off and even if they serve dinner at 8pm, a lot of people would just clock out and do other stuff in their free time until it is time for dinner
No need to clock out we do our own timecards. Anyway you can go workout, swim or play ping pong anytime you like during the day or night.
The same companies hire in Europe and pay a third the wage with worse benefits. Less time off, no free breakfast lunch dinner, no free bus service from your house to the office, etc.
The job market in the United States for technology is magnitudes better in every facet compared to Europe and everybody knows it. stop with the Europoor MuH rEgUlAtIoN cope. It sucks
I was thinking the same… imagine giving (for example) the French unlimited vacation and then some US managers being surprised that offices would be half empty throughout the year, hilarious! 😄🥳🙃
This is why Europe had been stagnating while US and Asia are growing.
Enjoy your miserable life.
I honestly thought this was well known. The reason software engineering at big tech pays like investment banking/business consulting/big firm law is because you're expected to *work* like you're in one of those fields ie 60-100 hour workweeks barely any vacations and implicitly agreeing to give away your 20s in return for money.
Wrong my friend at Microsoft works only 20 hours on average of actual working
Tiktok made kids think its only a few hours a day so they majored in CS and cant find jobs now
I work for a tech company, i am forced to vacation, and i am asked not to respond to messages or mails during vacation.
Bruh. I work in big tech, if youre talented and can keep up, its not that stressful. Skill issue or toxic managers are another story
@@preston7376 Yep. I work for one of the companies featured in this video and once you get past the imposter syndrome and you play their games, it's really not all that stressful. Honestly, if the hiring managers and interviewers did their job right, you wouldn't be there unless you made the grade.
Yea, I'm busy, but I'm doing 45 hrs week max. 45 hours of busting ass, though. But that's how I work. I go home and do what I want to do and leave work at work.
Unfortunately, the weird management tactics are very opaque at this company. The knowledge that someone is going to get PIP'd even on a team full of high performers is unnerving, but the professional sports team analogy used in the video makes a lot of sense. You keep those stats up or you're traded. You're not going to retire at this company. If you're good, you'll vest fully and you may find some golden handcuffs after then, but everyone knows they'll be gone within a decade whether it's their decision or someone else's. If it's the latter, there will be a nice severance for a soft landing. "No hard feelings. Here's $50K cash to not make a stink walking out the door."
I could swear I've heard you say on other FAANG videos that they often hire people whom they don't really have sufficient work for just to keep talent away from competitors.
Obviously the labor market has gotten tighter, but that seems completely at odds with this video. I'd be interested in a deeper dive into what has changed or what accounts for the two different takes.
This is a good point, but I’d say there’s always stuff to do at a big tech company. At any company, some projects and ideas get left behind because there’s always something more important to do. These projects can get worked on if a big tech company overhires and then wrings out all they can from their extra employees, even if they would get ignored at other companies.
In my experience, people making this kind of money are either in upper management or are statistical outliers. Most people I know in tech work outside of Silicon Valley and make somewhere between 100,000 and 200,000 USD a year. That's still great money, but it's not 500k+.
E: also, the idea you need to be a constant "rock star" to even stay employed is just not true at all. I've seen people in big tech coast for most of their career. They do their work in short bursts then relax. I'm not criticizing, they're fulfilling the job description, they're just not breaking their back beyond that.
Pretty much
I know lot of engineers with 10 years experience in big tech making at least $400K.
Not managers, just individual contributors.
@@gund89123 I believe you, but I also believe the numbers on levels.fyi, which are much more in line with what I've seen outside of Silicon Valley
@@gund89123 I believe you, but I also believe the numbers on levels(dot)fyi (have to edit the link, I think UA-cam auto-deletes the comment if I don't). The salary ranges reported there are a lot more in line with what I've seen from people working outside of Silicon Valley.
In general, location isn't brought up nearly as much as it should be in salary discussions. 100k in San Francisco is very different from 100k in the mid-west.
Most of the money over 200k usually comes from stock compensation rather than base salary. A new grad fresh out of college on Google on California can start on 220k on total compensation but the base salary is actually something like 140k. And that's for a new grad. A mid level engineer can reach as high as 300k on TC on California. Now 500k+ is definitely unrealistic and something only the top of the top would earn.
I've also heard the same about being employed. Once you pass the "Olympics" of job interviews its just another regular software engineering job. You just need to reach the terminal role of the company where you can just stay at position and responsiblity without being expected to rise higher or take on more responsiblity. Though not every team is the same and a higher visibility project is going to be more pressure than maintaining a legacy tool.
Nobody make 200k straight outta college in IT and only a select few hit 300-500k I'm talking phd level
It’s more common than you think haha :)
Most tech jobs don't require PhD's, maybe Master's though. PhD's are for people who generally want to into research or lecturing.
They do on California. Just not 200k on base salary. Its a combination of sign on bonuses, performance bonuses, stock compensation based on how good the company is doing on stocks, etc. An L3 Engineer on Google can totally start on that amount. But California is much more expensive than other states and taxes are very expensive.
IT maybe. But the video talks about developers in the core of the company's products. They get paid well. And some don't even have a Bachelors degree. Also, PhDs in these companies are found in their research organization ( Google Brain, MSFT Research, FAIR (Facebook AI Research)). You had better rock solid in logic and mathematics in these groups. They get to work on the next big idea and write research papers versus productizing ideas.
This is so false lmao. Every engineer with 5+ years experience at my non FAANG company makes 400k+ (I'm 600k rn) and we're all bachelor's or no degree
Not in a hurry to buy here as big financial issues are about to be recognized, IMO. Banks are in big trouble and over-leveraged (bail-ins?), debts are out of control; peeps CC's are maxed, and globalists think we should depopulate, eat bugs, and be controlled for their benefit. This should all get resolved very soon, might be very bumpy for a while, but peace and tranquility on the other side.
There's so much f*ckery in markets that they may just close for good. I'll be patient for better clarity over the next 2-3 weeks,At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What's the best way to take advantage of this current market?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Mind if I ask you to recommend this particular coach you using their service?
He appears to be well-educated and well-read. I ran a Google search on his name and came across his website;
thank you for sharing.
This isn't the first time I've seen his name on social platform. I think his good reputation speaks for him, thank you for the recommendation I just contacted him
Your logic is so flawed in this video. It's not that software engineers are overpaid. It's the fact that all other jobs have not kept up the correct pay band with inflation. Corporations are dealing in record profits and doing stock buybacks while that money should be paid out for correct wages
Yep, thank you... I was starting to feel alone in this regard
Jacque Elul's "Technique" applied to the corporate setting. Theres a reason why Kurzweil and the tech world liked this hypothesis
Idk man. I feel like they are paying well enough to “suffer” these “difficulties”. They deserve the best talents if they pay well. And after they leave these big tech firms for better WLB, they often find even better paying jobs with normal hours - which shows how valuable their big tech experience is. I dont think there’s anything wrong trying to make it competitive. Would you rather work at a Japanese company where tenure speaks the loudest or a place like FAANG where your personal ability trumps? I think the answer is pretty clear here.
I don't understand why it requires so many top-end engineers to keep a video streaming company working. You would think that the software infrastructure was created and then put into maintenance mode. What on earth are so many engineers doing all day every day?
A lot of them only work for 3-4 hours a day. They will tell you that. Those jobs are more quantity product than quantity. They’re only needed to work on specific tasks most people can’t do.
You are thinking about the people that maintain the existing infrastructure. They get paid less. The people developing the next streaming products or creating efficencies that reduce the streaming companies costs by millions get paid more.
I really have to respect Netflix's take on its workers. It's quite honest. A lot of companies out there give the misleading impression that you are part of family when things are going great. When it's time to downsize you feel betrayed. You feel like the Blacksheep in the family who needed to be cast out.
Is this why the Netflix app on my firestick actually works while the hulu and paramount apps constantly crash?
I don't see Netflix as a big tech company - but I've been using them off and on since they mailed DVDs lol. They have made some TV shows and movies that are really good and keep a good depth of popular movies rotating on their streaming platform. That's not high tech. Netflix has also made a lot of badddddd shows as well.
I work in tech and I've never met an engineer that makes $600k/yr.
Me neither but I think they all reside in sillicon valley
@@shengqiwang3311 the Valley does pay higher salries than engineers in say Austin.
The thing I don't get about this business model, isn't there a lot of lost costs with recruiting and retraining employees all the time?
yes it's all rosy for people of the protected class of the day, who are safe from cuts and reprimands. you know how these people are.
Then they lay off 10,000 people
A good exposé! 😊
atleast Netflix clearley stated and mentioned that
The claim that big tech companies are not moral is so much copium. Big tech companies are a lot more moral than average companies. They are focused on profits. But Google, for example, has often given up BILLIONS in legal profits to do things it believes to be right. Very few smaller firms are capable of this. Indeed, having so much money has freed Google to choose to do the moral thing over the profitable thing when it wants to do so.
When a person or company is very rich, it makes everybody else feel jealous. Voices claiming that they are behaving unethically are over-amplified, and nobody outside of the company has any incentive to say otherwise. But that isn't the reality; not by a longshot.
How about a video about BASF and there current Situation: expanding in china and having a really hard time in Germany (Ludwigshafen) right now because of various reasons like the missing gas deal with russia (gazprom). I work for them and I think it would be a really good subject for a video :)
At what cost?
Forcing Android users to throw away their old phones and buy new ones every 2 years.
•//• I believe we are meant to be like Jesus in our hearts and not in our flesh. But be careful of AI, for it knows only things of the flesh such as our fleshly desires and cannot comprehend things of the Spirit such as true love and eternal joy that comes from obeying God's Word [Galatians 5:16-26]. Man is a spirit and has a soul but lives in a body which is flesh. When you go to bed it is the flesh that sleeps, but your spirit never sleeps and that is why you have dreams, unless you have died in peace physically. More so, true love that endures and last is a thing of the heart. When I say 'heart', I mean 'spirit'. But fake love, pretentious love, love with expectations, love for classic reasons, love for material reasons (love because of material needs) and love for selfish reasons those are things of the flesh. In the beginning God said let us make man in our own image, according to our likeness. Take note, God is Spirit and God is Love. As Love He is the source of it. We also know that God is Omnipotent, for He creates out of nothing and He has no beginning and has no end. That means, our love is but a shadow of God's Love. True love looks around to see who is in need of your help, your smile, your possessions, your money, your strength, your quality time. Love forgives and forgets. Love wants for others what it wants for itself. However, true love works in conjunction with other spiritual forces such as patience and faith - in the finished work of our Lord and Savior, Jesus Christ, rather than in what man has done such as science, technology and organizations which won't last forever. To avoid sin and error which leads to the death of your body and your spirit-soul in hell fire (second death), you must make God's Word the standard for your life, not AI. If not, God will let you face AI on your own (with your own strength) and it will cast the truth down to the ground, it will be the cause of so much destruction like never seen before, it will deceive many and take many captive in order to enslave them into worshipping it and abiding in lawlessness. We can only destroy ourselves but with God all things are possible. God knows us better because He is our Creater and He knows our beginning and our end. The prove texts can be found in the book of John 5:31-44, 2 Thessalonians 2:1-12, Daniel 2, Daniel 7-9, Revelation 13-15, Matthew 24-25 and Luke 21.
*HOW TO MAKE GOD'S WORD THE STANDARD FOR YOUR LIFE?*
You must read your Bible slowly, attentively and repeatedly, having this in mind that Christianity is not a religion but a Love relationship. It is measured by the love you have for God and the love you have for your neighbor. Matthew 5:13 says, "You are the salt of the earth; but if the salt loses its flavor, how shall it be seasoned? It is then good for nothing but to be thrown out and trampled underfoot by men." Our spirits can only be purified while in the body (while on earth) but after death anything unpurified (unclean) cannot enter Heaven Gates. Blessed are the pure in heart, for they shall see God [Matthew 5:8]. No one in his right mind can risk or even bare to put anything rotten into his body nor put the rotten thing closer to the those which are not rotten. Sin makes the heart unclean but you can ask God to forgive you, to save your soul, to cleanse you of your sin, to purify your heart by the blood of His Son, our Lord and Savior, Jesus Christ which He shed here on earth because Isaiah 53:5 says, "But He was wounded for our transgressions, He was bruised for our iniquities; the chastisement for our peace was upon Him, and by His stripes we are healed". Meditation in the Word of God is a visit to God because God is in His Word. We know God through His Word because the Word He speaks represent His heart's desires. Meditation is a thing of the heart, not a thing of the mind. Thinking is lower level while meditation is upper level. You think of your problems, your troubles but inorder to meditate, you must let go of your own will, your own desires, your own ways and let the Word you read prevail over thinking process by thinking of it more and more, until the Word gets into your blood and gains supremacy over you. That is when meditation comes - naturally without forcing yourself, turning the Word over and over in your heart. You can be having a conversation with someone while meditating in your heart - saying 'Thank you, Jesus...' over and over in your heart. But it is hard to meditate when you haven't let go of offence and past hurts. Your pain of the past, leave it for God, don't worry yourself, Jesus is alive, you can face tomorrow, He understands what you are passing through today. Begin to meditate on this prayer day and night (in all that you do), "Lord take more of me and give me more of you. Give me more of your holiness, faithfulness, obedience, self-control, purity, humility, love, goodness, kindness, joy, patience, forgiveness, wisdom, understanding, calmness, perseverance... Make me a channel of shinning light where there is darkness, a channel of pardon where there is injury, a channel of love where there is hatred, a channel of humility where there is pride..." The Word of God becomes a part of us by meditation, not by saying words but spirit prayer (prayer from the heart). Take note, God is Spirit and those who worship Him should do so in spirit and truth (genuinely by living the Word). When the Word becomes a part of you, it will by its very nature influence your conduct and behavior. Your bad habits, you will no longer have the urge to do them. You will think differently, dream differently, act differently and talk differently - if something does not qualify for meditation, it does not qualify for conversation.
*THE BATTLE BETWEEN LIGHT AND DARKNESS (GOOD AND EVIL)*
Heaven is God's throne and the dwelling place for God's angels and the saints. Hell was meant for the devil (satan) and the fallen angels. Those who torture the souls in hell are demons (unclean spirits). Man's spirit is a free moral agent. You can either yield yourself to God or to the devil because God has given us discretion. If one thinks he possesses only his own spirit, he is lying to himself and he is already in the dark. God is light while the devil is darkness. Light (Holy Spirit) and darkness (evil spirit) cannot stay together in a man's body. God is Love (Love is light) and where there is no love is hell, just as where there is no light is darkness. The one you yield yourself to, you will get his reward. The reward of righteousness to man's spirit is life (abundant life) and the reward of sin to man's spirit is death. Sin and satan are one and the same. Whatever sin can cause, satan also can cause. Sin is what gives the devil dominion or power over man's spirit. When God's Word becomes a part of you, sin power over you is broken, you become the righteousness of God through Christ Jesus. Where Jesus is, you are and when He went (to the Father), you went. In the book of John 8:42-47, Jesus said to them, “If God were your Father, you would love Me, for I proceeded forth and came from God; nor have I come of Myself, but He sent Me. Why do you not understand My speech? Because you are not able to listen to My word. You are of your father the devil, and the desires of your father you want to do. He was a murderer from the beginning, and does not stand in the truth, because there is no truth in him. When he speaks a lie, he speaks from his own resources, for he is a liar and the father of it. Which of you convicts Me of sin? And if I tell the truth, why do you not believe Me? He who is of God hears God’s words; therefore you do not hear, because you are not of God.” My prayer is, "May God bless His Word in the midst of your heart." Glory and honour be to God our Father, our Lord and Savior Jesus Christ and our Helper the Holy Spirit. Watch and pray!... Thank you for your time and may God bless you as you share this message with others.
I don’t think you used good cop bad cop analogy right. Probably better saying carrot or stick
Netflix....if it's like this guy is reporting, is not sustainable. IF.
Also,....scale back your ritalin, I'm sure your real/natural personality isn't that bad.
Glories and wonders of capitalism
Rest and vest
"Netflix is a tech company" - sure it is. Do you know what "tech" means?
Netflix is one the leading companies in Machine Learning. They analyze what you watch and serve up video order based on your demonstrated preferrence. Also, google the "Netfix prize" were years ago they paid devs a million for a better algorithm to increase viewership.
idk where this dude gets his info but it's wrong lol
100th video about big tech salaries
Hari is really jealous of this salary 😂😂😂😂😅😅😮
😂
Good video, but still getting used to seeing you in the said videos.
What about 545
??
You mean the games publisher?
first comment
Thanks for being early Aditya!
Honestly, I really hate fake tweet thumbnails. I don't know who started it, but it's just another form of clickbait.
An awesome book about Netflix is "no rules rules", by reed hastings. I actually prefer how straightforward and forthright Netflix is. Their section on unpaid time off explains how it benefits the employee but only if the company does it a certain way.
Agreed, much better to do it transparently like Netflix does
This is why I prefer to be self-employed. I don't care how much salaries they pay.
Good for you
I like hiring self employed people than tenured people for my business as well. They’re more sincere
But at the same time you're dependent on your customers, the economy and you're taking the risk that something could go wrong with your personal business. And at the same time you're risking that your capital investments could lose you money (which is of course really dependent on the industry).
@@egal1780 That's true, but in the end, it is worth it.
@@egal1780 business is a nightmare. I don’t recommend it for the average person. Some of us are stuck in it.
I work at a FAANG and told a group of high school kids to treat a career in tech as being an athlete. It’s not a longevity career and the smart people plan their career arc viciously from the start
How hard was it to get into FAANG? What type of education and/or experience did you need?
@@McFlashh pretty hard or at least takes some work. Need to study for exams. I have a non CS degree, but experience for a few years as a web dev. Just find an in or build experience on side projects/working on studf and study for exams
@@remixisthis What degree do you have, and what exams did you study for?
That is excellent advice. What you want should not be working for FAANG, working for FAANG should be seen as an investment, I give x effort and years and in exchange I get money and a strong resume, what you do with the money and the resume is what your focus should be. Getting into FAANG is as simple as a video game grind, it even rarely takes that much talent, everyone by now knows what they need to do and how to hack it, (few are willing and are always looking for shortcuts..) hell there's even books titled "how to hack the interview", but 16-18 year olds are much more likely to fall for "best place to work" and the extensive organizational psychology that is designed to steal their years and make them think something like working for FAANG forever is a goal.
@@bn2247 This
What is a company or an industry where you only work 40 hours a week, get limited PTO, can make over 150k, and have some decent stability to produce offspring? It seems impossible to find.
Hahaha 😂
Lol, it doesn't exist 😂
@luke5100I’m a senior systems engineer at a large non tech company making $175k and this is the way
Maybe it’s hard to find cuz you are hard to hire
I have property managers with little schooling and no formal training that make $100k+/year (after bonus so OTE) in Houston.
The ones that have a good head on their shoulders can easily make over $100k
I imagine it's time to chop my Netflix subscription. I end up watching a couple of hours per quarter. So it's time I learn from their strategy and make the earn their pay
😂 hahaha, they can’t even fault you
Yarrr a pirate 's life is free
Pfft. Network engineer at an ISP here. Quite happy to be a big fish in a small pond and get a fraction of these numbers, thanks. Call me lazy, I don't care lol.
😂 fair enough
Same here.. and 150k or less don’t get you far bro.
Lazy
@@noctisarcanus7894 Professional underachiever 😉
Not all tech companies are the same though.
I have friends working at Google, Apple.
I heard that Google employees have best work life balance.
And least politics @ Google and Apple.
Unlimited paid time off is scam.
You are not forced to take vacation.
As someone who is studying to work in big tech, I always find pretty shocking how this companies manage to make their employees do more by offering things that are apparently super friendly and convenient.
That being said, life is a marathon and so is work, that's one of the reasons why this is not a deterant for me (neither a motivator). The main reason I want to work in big tech is to make something that matters and develop something that is worth my life, my years and my sanity.
Indeed. I work at big tech and it's the most hectic job I've ever had. But I also feel energized going to work and feeling that I'm building something exciting. It's a great thing to do in your prime years.
If you want to build something exciting and new you should work at a start-up making something exciting and new, not work to make the newest version of Office or Gmail or some other already existing software product where the best you can do is some marginal improvement.
@RealHumanUser
Gotta love to read his coding comments or engineering documentation.
Not really. While it can be important if in some roles; Generally we care more about logic, domain knowledge and problem solving - which is why math is important. If you want to dunk on someone go for their naiveté / lying about their life's work having meaning and keeping their sanity. They could choose to pursue a career doing something without a 1% acceptance rate, high salary, obvious detrimental effect on society, and known burnout. @@RealHumanUser
Lol, I hope you get your reality checked 😂 You're not the first
I good amount of people in big tech go on to leave and build their own stuff. :)@@legolas66106
As a software developer in non "big tech" your videos are causing me serious depression hearing how much these people make doing pretty much the same thing in doing. I was idiot for not moving out west after school.
If you want to feel better, in Portugal where I live in, a Junior makes 14k/year and a Senior with multiple years of experience makes 60k/year
Look up the cost of living for these cities. You might be making less, but chances are your money is going farther.
@@TotalBorroto yea but it's been 10 years since school and I'd need to review a lot of stuff to pass the interview. So yea I guess I need to stop being lazy.
@@pedromarques9267 thanks that does make me feel better lol
@@4m470 cost of living is trivial compared to those monster salaries.
Big Tech has become a real life version of the Hunger Games -- everyone is intentionally pit against everyone else in a kind of 'last man standing' sort of way. The garbage they produce doesn't suggest their methods result in what they should actually want.
Some colleges are that way, The tops ones thing that C = Average, so to get a B you have to really good, and an A=exceptional.
Pretty much just cements the argument that high turnover should come with high fines. If you're burning through people, you're the abusive problem.
Your videos are highly appreciated. We learn so much.
🙏
Hauri is one wise young man do gotta love his content and context. Go Hauri!
a video on the new boeing stuff might be interesting 👀
Thanks for the suggestion Jash!
I'm building a house this year as a side project in a market with very strong short-term rentals. I could make $500k profit tax-free every 2 years selling my primary residence.
That's the equivalent of $390k/yr taxed as regular income. Which is more than the CEO of our small company makes.
If I'm successful at it. I'll quit the 8-5 after building the second house. "Retiring" from my engineering career at 44 and just building a house every couple years. No more high stress rat race. With a million dollars invested outside retirement after 4 years.
No more self evaluations, unpaid overtime, asking permission for time off etc.
Moral dilemma? What the heck? the same moral dillema should be on every user of an android cellphone or iphone. Why a worker should be even care? and not the end user? Man , a nice laugh came from the beginning of your video...
Also lots of politics play a role in those tech firms.. You can literally be promoted 1-2 quarters ago and get axed not even a few months later. For the CV it's great, but wouldn't count to be there for more than 2-3 years.
So, they ask that you work as much as you are paid for...and thats wrong??
Lmaooo - Oh no! people have to work hard to get paid at big tech! The horror! Or you know, you can work just as hard in most other jobs and get paid a lot less lol. If you're going to have to work hard, at least get paid for it.
It's not sustainable and they know it
The sick day culture is also pretty bad...Especially since the remote work started. My manager was always highlighting sick people then finishing by saying "you should take some rest", but the peer pressure and the fact that it was highlighted made it that sick days actually taken were rare...
Are you an AI. Love the speed at which videos are pumped out❤
Hahaha nah
@@LogicallyAnsweredvery impressive generated voice and face. 10/10 Generative AI score.You could give these thech companies a run for their money.
Interesting video. I have worked at a few of these big tech companies and always found the culture kind of fun. I always like to be learning something new and these companies are always are short on people to do all the tasks so you can try things you have never done before.Also, some people hang around these companies for decades. And I know people at various SV high tech companies that have been there for 30 years. They like what they do and have found a way to keep their jobs challenging and rewarding.
I wonder if the PTO use disparity could have something to do with the types of jobs that tend to offer more or less PTO.
For instance, I've never heard of any intense manual labor jobs that offer unlimited PTO. In fact, I've worked a few with 0 PTO hours and only three sick days the entire year.
Even though I took coding classes and know I don't really like coding, I'm still regretting my decision not to go into software engineering.
It is not for everyone. Unless you love it, don't do it because you hear the money is good (which it is). That will matter little when it is 2 AM on Saturday and you are trying to get a system online by noon Sunday for the users half a world away.
@@JBoy340a Now that you mention it, I'm reminded of my previous job. I was in the improvement science dept at a hospital, and much of my regular patient safety work was cancelled due to covid. So I ended up learning VBA and automating the process of doing doctor audits, to make it upload automatically to the database and send customized reports automatically to all the relevant depts. I got it working, but man I didn't enjoy it at all.
At that point just be a Wall Street criminal and do 90% less work. $370k is pennies to Google.
Would really really like to see a videonthat breaks down what are those "engineers" actually doing so actively to be worth that much.
Best example is for instance Netflix.
What is that huge active need for software engineering when you have a streaming platform.
It all seems blown up.
Thanks for the suggestion smet!
So I have been a professional developer for years and it still took me weeks to even properly PLAY high resolution video files. These people need to stream them
@@LogicallyAnswered
Thank you for considering.😊
It's all comes down to miths. Maybe in software circles it is know and appreciated/exploited but outside it and especially outside USA it all sounds like a fairy-tale or made up jobs.
Needs to busted open.
What are you looking at is the finished product. You dont really know all the backend technology behind netflix.
@luke5100someone actually made a video on that exactly, I forgot the channel name
Really surprises me how easy it is to fire people in America. Just not the case where I’m from. Ends up in labour court!
Made it to E6 and making 700k. Feels great and I can keep going for many years
Jack Welsh at GE invented the concept of constantly firing the "bottom fifteen percent" each year and hiring newbies to take their place. Obviously, there is nothing new under the sun.
This echoes what I read on the book by Netflix's CEO: Reed Hastings " No Rules Rules".
Awesome video!
May be not 343k, but it must be commensurate with housing costs. If one needs to buy a house in the SFO bay-area companies should pay at least 3x the monthly payment.
How you normalize the "free market ethics"(lol) is surprising to me.
No workers rights,no laws for firing without a reason,etc..
All the "good" of the capitalist society you so admire( and do nothing to fight against, to reclaim your rights).
USA is a worker's hell.
I have to disagree with this video. I worked in big tech for 2 years before leaving for a higher salary. The perks are amazing compared to a normal company where you get paid like trash and there's almost nothing in-office to benefit the employees. We got 5 weeks PTO starting out, free meals, free health care, unlimited sick time, and much more. Whatever the reasons are behind it, it' still better than 99% of other companies. Also, everyone is not a super smart high performer. It's like any other company. There's tons of morons and lazy people. TBH in my time the problem was more the entitled workers who felt like they deserved more pay and benefits for no reason.
When you put it that way, how do I sign up? Have you ever worked for any other company that is motivated to slash as much out of the benefits while still working you as long as they can even if its not productive? Tech workers might not have a long 40 year career with one company, but they will get paid well in the mean time. And who wants to work that long on one project? Skipping around might make life more interesting working on a virility of projects. Well getting paid too? Big Tech company's seem like the best gig going these days!
As sinister as these companies are, due to the natural fact that money right now is mostly in tech, tech workers will always be spoiled in comparison to other fields.
Every corp is equally evil, tech can just afford to spend more money convincing their people they are less evil. That means more money for us to suffer as much as the others, that is undeniable and anyone that works in tech that has friends that work in almost anything else can see this clearly, it is disproportionate and unfortunate, whenever I talk to my friends about their jobs the only thought that comes to my mind is that I'm overpaid, when I talk to other engineers at work, I genuinely feel underpaid and that my 'skills' should be making me twice as I am, in the end perspectives are limited and most videos like this one will come from the perspective of someone that works in tech that has no idea what it's like to do anything else, I don't think it makes them less valid, as long as they are understood from that context.
I agree, Microsoft has brought productivity and timetracking to an art and they too had (don’t know of it applies) a policy of firing bottom underperforming employees plus dozens of other sly tactics…
He’s already enjoying my first Agreament ammount repaying ❤🇲🇾
Swear you make the same video about Big Tech every week.
My little brother, who is a bit of a douche, has worked at facebook, amazon and now is a consultant for google. He proves it doesn't take brains or heart to make it in business. Just a lot of bravado.
Excellent video! I really like your presentation style. I wonder if Netflix's cash-only, do-or-die compensation scheme has any influence over the content they put out. They have a beautiful interface, certainly, but their content largely feels like spaghetti against the wall. There are wins, of course, like "Stranger Things", but there is a lot of slop. I don't get the sense that there's a unified artistic vision, the way you would have with HBO or Showtime or Hulu. I suppose that artistic legacies take time and trust to build, and to do that, you need to rest, breathe, and not feel threatened. If everyone is scrounging for cash and trying not to get fired this may not be easy to build.
Unlimited PTO is a scam
unlimited PTO is not a feature its a bug. They sell it as a perk, in reality it is abolishment of rights that workers fought for...
"unlimited vacation"
Whoever swallowed this is so naive. How could this possibly work?
Idk . When you're talking 300k plus a year... i would do John Wick's job. Let alone, anything these guys are going through
😂
350k a year is around 175k after tax. But I hear you.
easy to say but unless you can compete with the high performers the stress is going to burn through your body.
One of my friends has worked at AWS since 2012. And he loves it there.
Must be a high achiever :)
I've never heard that Netflix is the most cutthroat. It's always amazon or meta.
Completely false, levels numbers are highly inflated
love the margin call fotage. it fits perfectly. well done, hari. all the best to you for 2024!
🙏
I like your narrative style voice and informative videos!
world class engineers at google:
looks around everyone coasting together
You can’t pay me enough to work for any of them
Not sure about that. I've been at Amazon for 7 years and I've found it quite chill.
"Big tech sucks." ~Your average UA-camr
3, 4, 5 600,000, a million a year,,,,,, that's insanity. I made like 10 bucks an hour for over a decade. I just couldn't fathom that kind of money! I don't know anything about what it takes to get a job at these places, but I imagine if they're paying you this kind of Rockstar money, they get to keep your soul.
These companies are worth over a trillion dollars, by market capitalisation. Their engineering/development team is what make all their products and services - so they pay them lots of money.
A lot of it is not in cash, but stock options. It can take up to 5 years for these stock options to fully vest. So in year 1 you own 20%, ... But you usually get another set of options every year. Often the latter sets are smaller unless you get a promotion.
Some misleading or wrong statements in this video
Had to wait until the very end to get to the meat and truth. Simple: Employee should be compensated to 1/3 or expected revenue produced. In Big Tech, Finance, Legal, and Entertainment you have a higher revenue stream. So if you are making the company $1 million a year, you are justified at $300,000. Now that the money isn't as easy Big Tech is going to lower wages
Why don’t people take 365 days of a year of if they have unlimited paid day of???? Serious question
They drop you if you do that. It is all at will work. Either side can say bye with zero notice!
so its not unlimited than, they are lying?@@JBoy340a
lol you want to tempt the employer who just fired thousands of productive employees to increase their bottom line?
So its a scam?
"By the time they are in their 30s, they are often earning 500 thousand dollars, to one million dollars" - this simply isn't true. These are principal/staff positions and above, they represent a very small percentage of engineers at these places, regardless of tenure. Most people at all ages are capped around 250-350 if you look at the majority of people here, which is not exactly a pittance, but you are being sensational. Very very few people are making 500k+ percentage wise. Yes it is possibly, but in your 30s especially its actually quite rare. Also most people who've been at the company for a few years make much less than new hires. On blind you will hear about 350k mid level incoming offers (sensational, and likely an exception with competing offers, during a crazy period of wage inflation like 2021), but the vast majority of mid levels were low 200s at the time.
payout is ALWAYS directly proportional to expectation and believe me , they are high ..i worked as a contractor for google and facebook. They deadlines are is not possible for a 40 hour week period unless you are a genious.. Most of us , worked at least 50 hours and more than 60 right before go live..
Those days are gone for good now...
You have seen these movies before I hope:
1...Minority Report
2...iRobot
3...the Matrix
That is the future already in development right now.
This momey is only possible because the people doing the work are producing it. Stop letting corporations talk to you as if they're doing you any favors. They pay these salaries and still make billions which means you could b3 paid more than 300k
Ive taken AP Physics 1 and E&M. Physics 1 is a poorly designed class that teaches physics in an unintuitive and limited way that causes a lot of students to struggle. E&M on the other hand is taken at a time when you have the necessary math skills to really break down and understand the phenomena being studied. I know a great many smart people who struggled with Physics 1 and aced E&M.
Its about making enough to move forward substantially in life. A chance to work in big tech even for a short while is a chance to retire early overall.
errbody thinking that these tech companies are just a holiday with all the perks but the reality is the perks lure you in but realistically you can't maximise half of all those perks given how busy you need to work.
Psychological warfare.