Compensation figures shown below include salary, stock, and bonus. Tier-1 companies Oracle and Microsoft vs. Let’s look at the difference between FAANG companies like Google, Facebook, Apple, and Amazon vs. The figure below shows a company-wise comparison of salaries for entry-level software engineers. Once vested (based on a company-defined vesting schedule), these can be freely traded. Stocks (or equity): These are Restricted Stock Units (RSUs) issued to employees.Bonus: This is linked to your performance and is typically determined by a manager based on a performance review.Base (or salary): This is a fixed component, paid irrespective of an engineer’s or the company’s performance.The compensation structure at FAANG and Tier-1 companies usually include three main components: Why Do FAANG Companies Pay High Salaries?Ĭompensation Structure at FAANG Companies: Base Salary, Variable Pay, and Stocksīefore we get into the details, let’s understand the different salary components.How Do FAANG Salaries Compare to the US National Average?.Which Are the Highest-paying Tech Companies?.FAANG and Tier-1 Salaries (by Company and Level).Software Engineer Salaries - FAANG vs.Compensation Structure at FAANG Companies.If you are curious, we’ll answer all these questions and more in this article. FAANG (Facebook, Amazon, Apple, Netflix, and Google) and Tier 1 tech companies are known for paying high salaries to software engineers.īut exactly how high are salaries at these companies? How much do tech salaries vary across levels and companies? How do they compare against the US national average? Why do FAANG companies pay so much? How can one earn these salaries?
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