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Meta updates RTO policy with stricter mandate, saying workers may lose their jobs if they don't show up 3 days a week
(www.businessinsider.com)
this post was submitted on 18 Aug 2023
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At first I thought, Jesus! Who will work for such a shitty company and then I realized people will do anything for money. Capahtahleezum baby!!
I mean these guys are generally pulling 300 to 700k a year so... I'd return to office for that easily.
Either I've been getting royally screwed at the places I've worked, or it's only pretty senior people who are making over 300k.
Also depends on where you live. Masters graduates get 200+ starting in SF Bay and Seattle. Senior can be 500+, Staff/Principal can get 700. That's not the average but it's attainable. levels.fyi is not perfect but it's accurate enough.
Depends on the role but most of the impacted folk are engineers. E4 is around 286k a year (now after much of the reset from post covid). E5 (senior software dev equiv so like 5 or so yoe) is 400k a year.
Most of the payment is in RSUs granted.
In the Bay Area, it’s been pretty easy to snag a 300k+ offer from one of these companies in the past 3-4 years with only 2+ years of experience. Just play the leetcode game.
Hiring has slowed though and the compensation is based on stocks, which have been more volatile.
Lol true. If I am the director or any executive, i'll do a lot more exploitation for less.
I mean being asked to go to an office isn't exactly exploitation. It is fucked to ask after promising remote and terminating folks when they say no I'm not moving my entire family. But that's why tech companies are usually younger folks.
Had a friend who worked there because he needed their health insurance to cover his sick kid. That is so screwed, in the rest of the world that's not even a consideration.
The messed up thing is that for the wealthy, the US healthcare system is great. I’d be willing to guess that when you’re wealthy here, your experience is better than what you get standing in line with everyone else in a socialized system. I’d still rather have a socialized system here, but you probably don’t need to pity this man.
If I could get hired at Meta I’d be making $200k-$300k more than I do now.
You read that right. Not $200k total. $200k above what I currently make. Which is substantial.
So yeah. Money with a capital M.
There are other things, too. I’ve been to their HQ and it is packed with top-of-their-class young people all smart as hell. There is a definite energy to the place, and they have a certain reality distortion field that makes them believe they’re doing good work.
Plus Meta is a strong company to have on your resume. Everyone knows their hiring standards are high and with Meta on your resume, second and third tier companies will look at you like a god and pay you a lot for stupid work.
I don’t justify any of this. I’m just reporting the way it is.