Compensation for software engineers at FAANG companies Facebook (Meta), Amazon, Apple, Netflix, and Google is a significant topic of discussion within the tech industry. This remuneration generally encompasses a base salary, stock options or restricted stock units (RSUs), and various benefits. For instance, a mid-level engineer at one of these firms might receive a base pay of \$180,000, RSUs valued at \$150,000 vested over four years, and additional benefits like health insurance, retirement plans, and performance bonuses.
The substantial earnings potential associated with these positions attracts top talent globally and drives innovation within the tech sector. Historically, the ability to offer competitive packages has allowed these organizations to secure and retain highly skilled individuals, contributing to their market dominance and rapid growth. This compensation model has also influenced salary expectations across the broader software engineering landscape.
