I'm an L5 at Google and don't even remotely make $500k. About half that, depending on how GOOG stock does. Yes, that huge number is probably not unheard of, but "not unheard of" doesn't mean it's common. So either 1. I'm absolutely terrible at negotiation or 2. Online comp statistics suffer from bias where people excited about their salaries tend to report it and the majority don't. I know levels.fyi tries to correct for bias, but it's very, VERY hard to believe $500k is COMMON for L5. Yes they probably exist. Yes, HN commenters probably skew towards "highly skilled" so you're going to see a lot of high comps here. No, we're not all even within striking range of $500k.
And L6 is very, VERY senior. Not ridiculously senior like the aristocracy at L7+ but L6s are rare and there's probably one of them for every ten L5's. L5 to L6 is a major weed-out promo, and not many people get that far. I've been trying for 5 years.
Something is off here… are you based in the Bay Area?
I literally have PDF copies of offers I received in 2018 from both Facebook and Google for L5 roles in the $400k range, and things just went significantly crazier since then. And I am the most average engineer you can imagine, with most of my peers in a similar situation.
I cannot comprehend how your TC can just be $250k at Google after 5 years of refreshers. That’s like L3 comp in the pocket of the organization I’m at.
Yea, Bay Area. I believe you. Obviously there must be a very wide range for L5. I suspect all you see when people post online are the really great ones, because after all who wouldn't want to talk about their great comp?! So, when all you see are the very highest-earners sharing their comp, you might start to think that they're normal or "usual". I've got 20yrs experience in the industry too, but mostly in no-name companies.
In my experience, the discounted factor is that you don’t get promoted to the top of the next level band but people are hired into top of next level band quite frequently. This bias favors moving companies regularly.
however, in practice, few are able to land such positions when interviewed externally - I’d believe the pass rate for L6 is less than 1 in 10. Even after accounting for screening steps.
Ah, I really don't believe you now since much of that income is going to be from a once/year stock grant. There is no way you could tell how much they were making by looking at their paycheck (well, pay stub, who gets paychecks anymore?).
If you saw their w2 or 1040, your claim would be more credible, since that's when most of us learn how much we actually made in the previous year.
My "claim"? I don't know what else to say, buddy. You believe me if you want, I help my friend with taxes so I've seen everything relevant and simply called "paycheck".
I'm trying to be nice to you by sharing information you can use in your future negotiations, but it seems you're just angry you are not making as much as my friend. Maybe next time I should just let you leave 100K+ on the table and go on with my life.
Also, doesn't Google famously have an internal spreadsheet where people share their salary anonymously? You can check that too if it still exists.
The paycheck statements at my FAANG include the amount of RSU vested YTD, and each vesting event generates a separate paycheck as well. Vesting schedule is also typically monthly these days, with no initial cliff. What is yearly is any refresh grant, but then even those vest monthly.
If you look at one you have a pretty good way to extrapolate the expected TC for the year.
And L6 is very, VERY senior. Not ridiculously senior like the aristocracy at L7+ but L6s are rare and there's probably one of them for every ten L5's. L5 to L6 is a major weed-out promo, and not many people get that far. I've been trying for 5 years.