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techelitism | 7 years ago
1) I always read these articles and sigh. Seems like they only focus on 2 elite tech companies at the expense of all the others while only interviewing students at the #1 CS school in the country. I feel like a 2nd class citizen in the industry because of it. When will the normal people be heard?
2) I'm kind of surprised they listed a $140k starting pay. That's pretty low for new grads in the industry and very low for Facebook.
3) I think it requires an immense amount of privilege to say no to a company for relatively trivial reasons (you're probably not going to be working on product code if you don't want to) that pays as much as Facebook does, especially given the $75k signing bonus on the table for interns. I think any discussion about this on the student level has to start with this. Any comparison to the defense industry is silly because defense pays significantly less than big tech.
manfredo|7 years ago
If it's just salary, not including equity, that's by no means "very low". Where are you finding that new grads are typically getting more?
RandomInteger4|7 years ago
techelitism|7 years ago
I had offers for $130k base, $130k base + equity and $130k base + bonus and those were considered to be below average by most of my peers.
vonmoltke|7 years ago
You are living in a Valley bubble if you think $140k is "pretty low" for a new grad in general, and that's as total comp (not just salary).
saagarjha|7 years ago
mattlondon|7 years ago
Would the average joe/jane, given the offer of a "low" 140K salary at a FAANG, turn it down on ethical grounds?
I doubt it. The median US household income appears to be about 60K (1), so at 140K you'd be single-handedly over double the median houshold income before taking into consideration any partner's income. Thats a big deal.
This almost flippant attitude to employment and high salaries in silicon valley is somewhat worrying. I feel like people are growing increasingly disconnected from reality of life that the average person on the street has to deal with.
1 - https://en.wikipedia.org/wiki/Household_income_in_the_United...
techelitism|7 years ago
ken|7 years ago
I'm reminded of a line in Roger Ebert's review of American Splendor: "We don't fight over trivial things, because nothing worth fighting over is trivial. As Harvey might say, Hey, it's important to me!"