Holy crap, I'm baffled at the fact that you don't yet have at least 100k or 200k subscribers; with the level of quality in your videos and the amount of research I can tell you put into them, you'll definitely be getting there soon
Thanks that means a lot. Honestly I'm a little relieved that my channel is the size that it is. When it went from 3,000 to 10,000 nearly overnight my anxiety went through the roof and I took some time off. Currently writing scripts for new videos though and I'm excited to get back to recording and editing soon :)
I work for a meme stock company that has robbed me of my soul and my compensation is a tenth of this. If you are going to have your soul robbed anyway, I mean...
@@Damian-cd2tj actually, I’ve been reached out to by their recruiters multiple times and: No, I would not. Might be hard for you to believe but not everyone values money above all else. Some of us would rather have “enough,” sleep well at night, and have time to do things outside of their day job.
After watching the benefits section a month ago, I was amazed and I decided to try out for Meta SWE. I come back to this video a month later and I got the offer and will be starting soon. Although I believe the fitness/wellness stipend is $3k a year now
it's 3k a year, but they removed the 5k baby cash for your child every year that they're under 5 years old. so it's bad for parents but good for everyon else
Holy moly, whew. Damn I been wasting my time with hardware stuff. Need to learn to code. I would love to work for them. Heck even if I have to start at the lowest level. Thanks for sharing.
I think you should also make a video about the tax burden, top ca tax bracket is 53%, sometimes for the stock grants even not liquid yet. Together with crazy real estate price and high col they definitely give your viewers a better overall perspective on the crazy salary Bay Area sde is making
Great video but you forgot a few things such as a signing bonus, a bonus for moving closer to the Menlo Park campus, a free ice cream shop (Menlo Park), a bicycle shop (Menlo Park), plenty of different kind of cafeterias (Menlo Park), free food for employees and guest for breakfast, lunch & dinner, business class travel tickets when flights are over 6 hours, and way more...
With big tech companies it’s basically anything. Web dev is one, mobile is another, machine learning is another, they do oculus so hardware is in that list as well.
the most important thing if you want to get into entry level is to study data structure and algorithms and leetcode, web dev knowledge can be acquired anytime after you get in.
Hello Cody, Thank you for the videos and explanations. I really like the way you approach this subject. I was wondering if you can explain or reveal about how stuff works after the first contact is ended. What I mean is, the videos you made on salaries in some big companies are for new comers, people who did not work before for that particular company, for example Facebook. What I am interested to know, what happens after the 4 year plan? Let's say that I started working for one of these companies and my initial contract is for 4 years and the compensation in total is X, is there a raise in compensation or is there a new contract ? What happens on the 4th year and one day mark ? Any thing you can say may help me and others of course. Thanks ahead.
Good question and it's something I should cover in future videos in this series. Every company that offers equity will have what are called refreshers. These will usually happen once a year. So let's say your initial Facebook grant was $100,000 a normal refresher might be something like $35,000 with the same vesting. While the grant itself is lower in the refresher, these will also stack on top of one another. So after your first year you'd only have equity from one grant vesting, but at the end of your second year you'd have equity from your first and second grant vesting and stacking on top of one another. So you don't have to worry about this, you'll never not have future equity that is vesting with a company, they will keep giving it to you. It's more likely that you will walk away from equity when another company offers you more money to go work for them.
@@CodyEngelCodes thank you very much for the explanation. I really appreciate it. Let me first walk in a door of a big company like Facebook/Amazon/Google/Microsoft and alike before considering jumping around from one to another because of this reason. Let this be our problems in life :) 😀 😃 🙂 🙃 😊 😇 😀 😃 🙂
To be fair 261K may be top 2% in the USA, but it is far from the top 2% in Menlo Park. Basically at that salary you may still need a roommate depending on where you choose to live in SV.
One bedrooms start around $3,200 and go up to around $4,000. If you can't make that work on $261k a year, then you probably need to reassess your financial situation.
Good day sir, please what tech skill do you need to work with Facebook as an undergraduate software engineer?, And how can get a job with Facebook or other tech giant
They are global averages but those averages are heavily skewed towards Palo Alto since that's where the majority of employees are at (or at least at the time of this video that's where they were at). I'd look at levels.fyi and filter by region to get a better idea of what you'd make in the EU at Facebook.
How do you pace yourself when working on an Android app? I'm pretty efficient but I don't want to go too so slow for the boss or too fast for the team.
@@Jambajakumba there aren’t many that are on the evilness level of Facebook, however. The whistleblower 60 Minutes report that came out just last Sunday is proof of that.
@@puddleglum5610 That's true. FaceBook has affected a lot of lives negatively, to the point of death. I can't condone that. But evil is evil, you don't decide what's less than the other. The fashion industry is the second largest polluter after gas & oil. People will still buy LV bags & sneakers. Apple gets cheap labor in Asia at the expense of overworking asians. Everyone still gets the latest IPhone. The US still allows people to own guns, even if we are losing thousands of people a year to gun violence. You pick your poison, because you need to feed your family & everything else.
@@Jambajakumba I disagree. I think there are different degrees of evil, and Facebook is at a higher degree of evil than most (if not all) tech companies. It literally profits from encouraging and stirring up hatred. Yeah, they pay a lot, and feeding family comes first. But, all else equal, I would never choose Facebook over any of the other big techs.
It depends. Android is more specific so you can get some good salaries. Web has a lot more to it so you can also find a niche to specialize in and make good money, plus most companies need web folks, not every company needs and Android app.
Yes. You'd want to talk to a tax professional to get exact numbers. Long term capital gains are normally taxed less (I think 15% currently) whereas short term capital gains are taxed at your ordinary income.
How to explain FB / Meta engineers are among top income earners in America yet the product, FB, is not that great? Legal structures, regulatory structures, political structures, etc sub-optimal?
The furthest west I’d move is Colorado (well maybe Seattle but not the Bay Area 😅) but yeah I’d considering working at either one day, seems like they are doing some cool stuff.
That's rough. Although the last time I spoke with a recruiter there it sounded like the WFH setup was pretty nice (heard folks were getting a free portal).
I would appreciate if you can give your two cents on why software engineers make so much more than electrical or mechanical engineers even though EE and MEs graduate with more math and physics courses as oppose to programming where any tom, dick and harry can learn them unless it's assembly language
Basic economics, supply and demand. There aren’t enough software engineers to meet demand. Companies that have little overhead but are crazy profitable can then pay more to attract the talent so that they can become more profitable. Also a CS degree is difficult, it requires a ton of work.
@@CodyEngelCodes compare to other engineers( at least the core ones) CS us walk in the park. What makes CS difficult is it's math and physics. Other engineering has more of it. So I would think more ppl graduate with CS degree than engineering degree and hence supply would be offset for the demand. I guess I am wrong
@@CodyEngelCodes Either I am wrong or something seriously wrong with the system. Coz I know other engineering is hard for a fact. But thank You for the insight. btw I really like your content. Keep up the good work
Maybe one day. I'm a fan of interviewing at companies that require little to no prep because I have other things to do outside of working 40 hours a week.
Hello Could you or someone help me retrieve my FB account they did something where they only send the code to my email and not number . I need it to go to my #.
Would you ever work at Facebook or Netflix more your thing?
Facebook, but I failed on my whiteboard interview :(
will try again.
Netflix is good too, but they only intake sr. Software Engineers
@@jugsma6676 bro it's very very competitive
@@jugsma6676 I can't even find a single jobs here in Uganda. So, I'm happy just to have somthing.
Does the salary in faang companies differ from place to place or country to country???love your content...it's very informative....love from india.
Interviewed FB last year - Amazon now recruiting. 27 years Experience - So far have not made the leap (April 2022) but considering...
Holy crap, I'm baffled at the fact that you don't yet have at least 100k or 200k subscribers; with the level of quality in your videos and the amount of research I can tell you put into them, you'll definitely be getting there soon
Thanks that means a lot. Honestly I'm a little relieved that my channel is the size that it is. When it went from 3,000 to 10,000 nearly overnight my anxiety went through the roof and I took some time off. Currently writing scripts for new videos though and I'm excited to get back to recording and editing soon :)
I appreciate the fact that you dive straight into bread and butter of the video, a lot of videos like to drag on and on about irrelevant stuff.
I don’t even use Facebook but those numbers are WILD, I’m speechless
Fascinating to learn the cost of a human soul.
Right on the money!
Pays pretty nice 🥴
I work for a meme stock company that has robbed me of my soul and my compensation is a tenth of this. If you are going to have your soul robbed anyway, I mean...
You’d work for them if you had the chance, let’s not be hypocritical
@@Damian-cd2tj actually, I’ve been reached out to by their recruiters multiple times and: No, I would not.
Might be hard for you to believe but not everyone values money above all else. Some of us would rather have “enough,” sleep well at night, and have time to do things outside of their day job.
Thanks for the detailed breakdown! There’s also the refreshers as well 😆
Sure thing Kevin!
After watching the benefits section a month ago, I was amazed and I decided to try out for Meta SWE. I come back to this video a month later and I got the offer and will be starting soon. Although I believe the fitness/wellness stipend is $3k a year now
Hey congrats on the job offer with Meta 😎
it's 3k a year, but they removed the 5k baby cash for your child every year that they're under 5 years old. so it's bad for parents but good for everyon else
You just got yourself a new subscriber. Nice content man.
Awesome, thank you!
Pretty good content. Deserve more subscribers!
I appreciate that and working on it 😉
Holy moly, whew. Damn I been wasting my time with hardware stuff. Need to learn to code. I would love to work for them. Heck even if I have to start at the lowest level. Thanks for sharing.
Finally! Someone that gets right into the point! +1 Like +1 Comment
That's my style 🤠
a video on what sets the highest paid software developers apart from the crowd please!what makes them different?etc
Good idea, I’ll see what I can put together!
I think you should also make a video about the tax burden, top ca tax bracket is 53%, sometimes for the stock grants even not liquid yet. Together with crazy real estate price and high col they definitely give your viewers a better overall perspective on the crazy salary Bay Area sde is making
Great video but you forgot a few things such as a signing bonus, a bonus for moving closer to the Menlo Park campus, a free ice cream shop (Menlo Park), a bicycle shop (Menlo Park), plenty of different kind of cafeterias (Menlo Park), free food for employees and guest for breakfast, lunch & dinner, business class travel tickets when flights are over 6 hours, and way more...
Great video Cody!
Thanks Darragh!
What do you do as a software engineer at FB. It sounds odd but what do I need to learn in order to possibly become one. Is web development an option ?
With big tech companies it’s basically anything. Web dev is one, mobile is another, machine learning is another, they do oculus so hardware is in that list as well.
Web dev is definitely an option. I am currently at FB and I have been doing web dev for about a decade now.
the most important thing if you want to get into entry level is to study data structure and algorithms and leetcode, web dev knowledge can be acquired anytime after you get in.
@@SnippetzJS dude whats your salary
@@onwukarosariow1607 i'm not him, but i made senior at FB last year and I make around 380k a year in total comp.
I like your video so much. It’s very well explained
Thank you! 😃
Hello Cody,
Thank you for the videos and explanations.
I really like the way you approach this subject. I was wondering if you can explain or reveal about how stuff works after the first contact is ended. What I mean is, the videos you made on salaries in some big companies are for new comers, people who did not work before for that particular company, for example Facebook. What I am interested to know, what happens after the 4 year plan? Let's say that I started working for one of these companies and my initial contract is for 4 years and the compensation in total is X, is there a raise in compensation or is there a new contract ? What happens on the 4th year and one day mark ? Any thing you can say may help me and others of course.
Thanks ahead.
Good question and it's something I should cover in future videos in this series. Every company that offers equity will have what are called refreshers. These will usually happen once a year. So let's say your initial Facebook grant was $100,000 a normal refresher might be something like $35,000 with the same vesting. While the grant itself is lower in the refresher, these will also stack on top of one another. So after your first year you'd only have equity from one grant vesting, but at the end of your second year you'd have equity from your first and second grant vesting and stacking on top of one another.
So you don't have to worry about this, you'll never not have future equity that is vesting with a company, they will keep giving it to you. It's more likely that you will walk away from equity when another company offers you more money to go work for them.
@@CodyEngelCodes thank you very much for the explanation. I really appreciate it. Let me first walk in a door of a big company like Facebook/Amazon/Google/Microsoft and alike before considering jumping around from one to another because of this reason. Let this be our problems in life :) 😀 😃 🙂 🙃 😊 😇 😀 😃 🙂
What is a stock grant? I don’t understand what it is.
To be fair 261K may be top 2% in the USA, but it is far from the top 2% in Menlo Park. Basically at that salary you may still need a roommate depending on where you choose to live in SV.
To be fair those people are saving/investing a ton of money each year.
$330k TC here. Investing 6 figures a year.
One bedrooms start around $3,200 and go up to around $4,000. If you can't make that work on $261k a year, then you probably need to reassess your financial situation.
No wonder the cost of living of these companies in the areas is sky rockted
Do you guys pay taxes for these stock in usa?
Good day sir, please what tech skill do you need to work with Facebook as an undergraduate software engineer?,
And how can get a job with Facebook or other tech giant
Crazy benefits!
I know, right?
Are these numbers the same for Facebook in eu?
They are global averages but those averages are heavily skewed towards Palo Alto since that's where the majority of employees are at (or at least at the time of this video that's where they were at).
I'd look at levels.fyi and filter by region to get a better idea of what you'd make in the EU at Facebook.
How do you pace yourself when working on an Android app? I'm pretty efficient but I don't want to go too so slow for the boss or too fast for the team.
I just get as much done as I can while taking frequent enough breaks to not get burnt out 🤷♂️
Can you please do a video on TPM salaries as well ?
I can try to do a roundup talking about the average salaries across companies.
Do you know if this level of comp carries across other positions ? E.g product managers
Facebook looks so great to work for, aside from the fact that you're working on an evil product that harms humanity
Who isn't working for a company that harms someone else😂you pick your poison
@@Jambajakumba there aren’t many that are on the evilness level of Facebook, however. The whistleblower 60 Minutes report that came out just last Sunday is proof of that.
@@puddleglum5610 That's true. FaceBook has affected a lot of lives negatively, to the point of death. I can't condone that.
But evil is evil, you don't decide what's less than the other.
The fashion industry is the second largest polluter after gas & oil. People will still buy LV bags & sneakers.
Apple gets cheap labor in Asia at the expense of overworking asians. Everyone still gets the latest IPhone.
The US still allows people to own guns, even if we are losing thousands of people a year to gun violence.
You pick your poison, because you need to feed your family & everything else.
@@Jambajakumba I disagree. I think there are different degrees of evil, and Facebook is at a higher degree of evil than most (if not all) tech companies. It literally profits from encouraging and stirring up hatred. Yeah, they pay a lot, and feeding family comes first. But, all else equal, I would never choose Facebook over any of the other big techs.
Facebook might be evil but as a company to work for, it pays its employees best. Better than getting screwed over by capitalism.
So you don't live and work in the Metaverse? 🤔
Amazing video!
Thanks!
Off topic... Web vs Android Mobile. Which is best for high salary? Which would you choose if you had a choice?
It depends. Android is more specific so you can get some good salaries. Web has a lot more to it so you can also find a niche to specialize in and make good money, plus most companies need web folks, not every company needs and Android app.
If you don't want the srock, can you trade it in for increased base salary?
There is always room to negotiate, you'd likely end up with more money if you took on additional equity though. Base salary is harder to negotiate.
Hey am a 15 year old young coder can you give me any tips for coding and what to start on
Find some courses on FreeCodeCamp or check out some Kenny Gunderman videos for project inspiration
pls make video on Rolbox salary.
and these guys are complaining about returning to work at the office.
Thumbnail is 👌👌
hello can a kenyan software engineer work at facebook?
is there is tax on stocks and bonus ? if there how much it will
Yes. You'd want to talk to a tax professional to get exact numbers. Long term capital gains are normally taxed less (I think 15% currently) whereas short term capital gains are taxed at your ordinary income.
Now I know why Software Engineers talk about money and retirement like no one else lol
How to explain FB / Meta engineers are among top income earners in America yet the product, FB, is not that great? Legal structures, regulatory structures, political structures, etc sub-optimal?
What about taxes? Are these final income or before taxes?
Everyone's tax situation is different...
would you consider moving to west coast and work for facebook or google?
The furthest west I’d move is Colorado (well maybe Seattle but not the Bay Area 😅) but yeah I’d considering working at either one day, seems like they are doing some cool stuff.
Nice vid! Where do you work rn btw?
PayPal
@@CodyEngelCodes nice could you do a video on “How much do PayPal Software Engineers Make?” maybe?
One day, yes.
Do they get these benefits including their salary or excluding?
The benefits are in addition to their compensation.
@@CodyEngelCodes Can you please make a video on FAANG Ethical Hackers?
I can try, I have some other ones already planned but will do my best 🙏
The amount of salary is just insane
Sure is!
Hey I thought all engineers make 100K 😊 nice video!
Nah that’s 🥜 for Facebook.
doesn't that depend on location tho
Yes
Too bad. Watching this and not yet back into the office.
That's rough. Although the last time I spoke with a recruiter there it sounded like the WFH setup was pretty nice (heard folks were getting a free portal).
Thumbnail though 😂
I would appreciate if you can give your two cents on why software engineers make so much more than electrical or mechanical engineers even though EE and MEs graduate with more math and physics courses as oppose to programming where any tom, dick and harry can learn them unless it's assembly language
Basic economics, supply and demand. There aren’t enough software engineers to meet demand. Companies that have little overhead but are crazy profitable can then pay more to attract the talent so that they can become more profitable. Also a CS degree is difficult, it requires a ton of work.
@@CodyEngelCodes compare to other engineers( at least the core ones) CS us walk in the park. What makes CS difficult is it's math and physics. Other engineering has more of it. So I would think more ppl graduate with CS degree than engineering degree and hence supply would be offset for the demand. I guess I am wrong
Yep, you are wrong.
@@CodyEngelCodes Either I am wrong or something seriously wrong with the system. Coz I know other engineering is hard for a fact. But thank You for the insight. btw I really like your content. Keep up the good work
Something being difficult doesn’t make it more in demand.
I can’t wait to quit my job and work at Facebook. Construction digger to an IT
Heck yes, get that bag.
Why not get into that company bro
How does he not have more followers ???
No idea, I'm working on it though.
hola si, me gustaria postularme, gracias
Note: all of these figures are pre-tax.
Yes, everyone's tax situation is different.
Graham Stephan please react!
Gotta go to his channel and get Jack on the line!!
💯
😭
FB value in the world is quite low for those type of numbers smh
Have you tried to get into faang companies?
Maybe one day. I'm a fan of interviewing at companies that require little to no prep because I have other things to do outside of working 40 hours a week.
@@CodyEngelCodes are you confident that you'll pass the faang interview on your field?
2.99M?!! i regret not studying hard on highschool 😭
Same.
@@CodyEngelCodes not everyone can reach up to that level
Hello Could you or someone help me retrieve my FB account they did something where they only send the code to my email and not number . I need it to go to my #.
I cannot, sorry.
@@CodyEngelCodes okay