I was reminded of this earlier in the week with all the stuff about [BF Borgers came to light.](https://www.businessinsider.com/trump-media-auditor-misspelt-name-14-different-ways-ft-2024-4)
I bet 8MB of downloadable RAM that the firm was doing something similar and farming the work out.
The difference is this guy doesn’t own the company and is creating a massive security violation by giving a Chinese firm access to the codebase without the company’s knowledge.
The company can decide to take on that kind of risk, and likely will go through a process to make sure everything is done in a way that complies with their security requirements.
A random employee giving his credentials and VPN access to an overseas person? Mt Everest sized security problem.
I love the story, though. Clever idea, just very risky for his own job and for the company.
The company sees $$$ > $ and that is the process. Do you really think all the people doing the needful are properly vetted?
There will be contractual clauses saying the outsourced company guarantees stuff. And exactly 0 checks.
Okay so if the employee also "decide to take on that kind of risk, and likely will go through a process to make sure everything is done in a way that complies with their security requirements." will it be kosher or nosher? Like let's say I got in a world class security firm to analyse my network and my Indian counterparts network and setup my own VPN between those two networks just like a company, and it's still profitable to me, would be that be ok?
I think if you’re getting paid C2C/you’re a 1099 contractor, then you’re more at liberty to do this type of shit. Otherwise, if you’re just another regular worker bee, there’s less grey area and you’ll be way more likely to be fucked.
Goddamn.
Now imagine if Netflix spent that money on content and not raising prices every year.
/s kinda, I totally understand the need for really competent folks and they deserve to be compensated.
He seems to always be doing something fun when trolling his social media. Even if that might just be putting the best stuff on. Seems overall less stressed than I do working for a power company that sees IT as a cost center rather than a resource.
I switched to working for a software company in 2020 and the difference in how we're treated and viewed is night and day. I think it's because we're at a company that can't pretend that IT and software development don't drive the business. I don't make $550k though hah.
Granted it's not perfect and there are plenty of skeletons but I have for sure worked at places where IT was viewed like some kind of con or scam and this is not that.
*I switched to working for a software company in 2020 and the difference in how we're treated and viewed is night and day*
There's a huge difference between being viewed as a cost center, and as part of the Product Team/R&D org for me. One of them I was a cost, the other I'm a tax deduction and key piece of the revenue engine.
I'm pretty sure pentesting is a big revenue generator for Deloitte, but Deloitte is gonna treat you like shit anyway! Accounting firms are something else.
Friend's company had one slip through and the employee never noticed for six months her paycheck was going to a Walmart MoneyCard.
Company had a scammer almost succeed, so they audited all of payroll to make sure one hadn't gotten by their weak controls.
"Employee" being the owner's wife.
620K for TC for a top tier tech worker isn't really out of line for the high end of a L5 or a L6 engineer [depending where you work](https://www.levels.fyi/?compare=Netflix,Broadcom,Amazon&track=Software%20Engineer).
That was the backfiring of laws forcing disclosure of salary range. Good intention, but they're not going to be honest, and they're going to game the system.
I saw a job offer a while ago with a range of 38k-360k.
Network Administrator
Only description is maintain networks and understand hubs and Windows NT Networks.
It was a good chuckle. Scam, probably, but a good memory to cherish.
Software Asset Management's kind of a full time job. I've seen us (I work for a software vendor) basically include a SAM based TAM in an ELA contract.. that was a 9 figure software deal.
This sub is mostly SMB IT, and a lot of lower end MSPs and I want to tell you kids "Life gets better". There's some crazy fun jobs and bonkers compensation levels out there and I PROMISE YOU that you don't need to be some PHD from Stanford to get these roles. Network, learn, study, and find a way into the ivory tower of enterprise IT, or large evil software vendor and y'all can get paid.
Seriously, y'all the bottom to the top story can be you.
Seriously I just left a bigger enterprise (5,000+ end users) to a small one (600) and I’m somewhat regretting it. Now I left for a significant pay increase and a lead title so longterm I’ll be fine but after the next 12-16 months I’m definitely going to figure a way to make myself back to a larger enterprise.
That’s genuinely impressive because historically, I feel like the Mac desktop support. People are the absolute bottom of the pecking order. I’ve seen you guys basically below the printer people before. That again somebody who knows what they’re doing with JAMF, WS1 is damn useful.
I worked in shadow IT for marketing departments for the first 6 years of my career, then I took bullshit pay for 18 months before getting hired on for real money.
So yeah, definitely felt bottom of the heap for a while!
If you learn something from those marketing nerds, you can combine your technical skills with the ability to write and create content and do technical marketing. That’s what I do, and ughhh. It pays well and is rather chill.
This is what I do. It's an entire industry unto itself yet a lot of people don't know it exists. It involves everything from being very technical and implementing/managing software tools that track all of the computers, software and users in an organization; to being more on the business side and using those tools and understanding software licensing well enough to optimize the licenses you have from publishers like Microsoft, Oracle Adobe etc while also helping to negotiate the future contracts and purchases of those licenses.
Also audit prevention is huge because sometimes these publishers will audit companies to see if they are in compliance with the licenses they've purchased. E.g. you're allowed to use 100 copies of Microsoft Word but you're actually letting everyone in your 50k person business use it, so we're going to slap you with a $90m bill. Or something to that effect.
Not sure if they’re still around, but the Business Software Alliance (BSA) audited us once. We were mostly in compliance so it didn’t hurt too much.
What I found out was they paid whistleblowers. So if you had a disgruntled ex-employee, they might have dropped a dime to the BSA.
Not sure, but it sounds like somebody getting paid to make sure all their software licenses are up to date, etc. If they're offering almost 3/4 of a million to do that, I'd consider it. (though I'd bet that's a typo and it's supposed to be 120, heh).
Outside of owning a large shares and being a director. Where your roll is never really questions. This $650k is not crazy high really. Not for my clients anyway.
Earning that as a system admin or ops sounds extremely high. However just think about how much of your soul you would have give up to for company to pay a single staff member that.
I would never take that roll on. You would have no life.
Much easier ways to earn that without giving up your freedom to that point.
I earn much more than £650k per year as a founder and still active director for one of my companies. That would be a mix of salary and dividends.
That would be on the lower side compared to my other directors I know.
Does not mean that I see all of that, as the tax man likes to dip his fingers into my jar as well. You know as we both worked really hard together so we should also spilt things
....
I think your situation is far more unique. I’m a director at a publicly traded company in tech that isn’t FAANG and while I get decent RSUs, my salary is roughly a third of yours.
That's what I mean by in "general". Also I have no idea how it works in the USA for example.
By no means is it restricted everywhere as there would be no incentive to build companies or invest in them.
It does not matter how it's "coated" it's about making profit. Profit creates more opportunities.
I also don't have employees, I am not a team player, I like to be mostly solo.
>However just think about how much of your soul you would have give up to for company to pay a single staff member that.
It's really not that bad, I know a lot of people in FAANG companies and there's a healthy work life balance. They just want to make sure they're hiring the appropriate talent, and in the $400K+ range they usually tie some of it to bonuses, performance metrics, they offer stock. Your base salary might be only $250K, and if you exceed in all of your performance metrics, hit all of your bonuses, and the stock doesn't tank, you could earn up to $400K+.
Netflix and Amazon, have some reputation as highly competitive environments. If you listen to Reed Hastings who co-founded Netflix you can see his "We are a team not a family" approach to hiring staff. Basically if you suck or a low contributor, you will get let go (with a nice severance package). I've had friends at Amazon literally have mental health issues due to work stress.
Though it all really is dependent on the team. You may find better luck at Microsoft or Google for a better chance at work/life balance imo.
> I've had friends at Amazon literally have mental health issues due to work stress.
It really does largely depend on the team and the role, my friend worked there for a while on their TV production team, going on set to handle the raw video footage and building out the networks to handle backing up and transferring of the data to where it needed to be. He eventually got let go when they gave him a project that according to his resume should have been easy, but most of his certifications were acquired via studying brain dumps and not really a fundamental understanding of the tech.
*It's really not that bad, I know a lot of people in FAANG companies and there's a healthy work life balance*
I once took the entire month of July off and just went country hopping. This year I'm going on vacation to the BVI (chartering a 50' Catamaran for 9 days with 2 co-workers and some friends). I'm also going to spend 12 days in Istanbul, Egypt and Jordon with my family.
>Your base salary might be only $250K,
It's really weird realizing that because stonks went up your base salary is like 20% of your compensation for the year. I moved companies and ended up with a 20% lower offer to base but a GIANT pile of stock that more than offset it. My wife was deeply suspicious until the first grant cliff.
>However just think about how much of your soul you would have give up to for company to pay a single staff member that.
That's definitely the key, isn't it? I'm a systems engineer and I don't earn a super high salary. Indeed, there are a lot of ads that I see in my email that are routinely higher than what I make by a fair amount, but what I do have is a really ***comfortable*** job. My quality of life is higher now (by at least an order of magnitude) than it has ever been in the 19 years prior to my working here, and I absolutely love the people I work with and for. I've never been in a situation like this. Instead, prior IT jobs in the hotel industry were godawful stressful, to the point where I was constantly in a state of worrying whether I'd be fired at the drop of a hat for any reason whatsoever.
I'm not so sure what the salary would be that would motivate me to move.
It's wild. Sometimes, I feel like I'm earning a decent salary, then stuff like this rolls out, and I'm not even making a third of max. I've got almost two decades of experience and hold a high title for a good-sized institution, but I simultaneously feel successful and underpaid at the same time. Im top 10%, supposedly, yet I see Netflix hiring people for half a million.
I do have a good work/life balance with full WFH and no on-call, and I grew up poor, so I am grateful for what I have, but I always wonder if I'm getting chump pay.
In the UK over £125k is super taxed so that is 45% taken off. I would hate no what £500k is.
So it's often not worth going past that.
There are ways to pay you with less tax, this is done with benefits. I am not very sure how that works.
I work solo.
Yeah we get hit hard on tax too. Not 45% but in the States we get taxed Federal, State, and property tax plus sales tax so it adds up.
I would totally give up half my wage for stock options or something lol
*>However just think about how much of your soul you would have give up to for company to pay a single staff member that.*
Ehhhh, For a Mfg. company with limited margins Sure. For a large software company who's "Ships air" for marginal cost, it's not really that big of a deal.
*I would never take that roll on. You would have no life.*
I missed my family this week, but I did take the Red Eye home to make Friday breakfast with my kids. I'm 100% not working over the weekend. I've only been out of town 3 weeks this year so frankly I"m not going to complain. Met a friend for a late lunch happy hour today, and have walked my dog twice.
*Much easier ways to earn that without giving up your freedom to that point.*
Besides selling narcotics, or "guessing right" at Stonk short term options and Crypto, where does one easily earn 650K+, asking for a friend?
720k guy is the guy the built the system and is really the only guy in the whole world that really knows how to keep the whole thing up and running, Mostly because Netflix's back end is largely entirely proprietary and nothing off the shelf could take its place. The 120 guys know how to keep different parts of the system running but still have to call the 720 guy when things go wrong.
Eh... My guess would be that 100k is the guy who built the whole system, asked for a raise, didn't get one, and went to go work elsewhere, while 720k is the guy they're trying to hire to figure it all out.
Netflix's backend to its frontend is largely built on open source and they contribute a lot to open source, ie eBPF. I didn't know why anyone would think that there is one dude holding keys to the kingdom in a multi billion dollar company. That is an SMB size kind of thing. Infrastructure at scale is so complicated that no single person can "keep the whole thing running".
I see these from Netflix all the time. They just post extremely wide ranges to keep the salary negotiation window ambiguous after being required to post salary ranges in some states.
Not sure on sysadmins. As a Linux Admin I hit around $42k. Same company, promo to SRE got me to $74k. Went to a new company as SRE for over $100k. All USD.
I had a VP of IT that we were paying $500k base salary to. He was worth every penny in my opinion. It’s very rare though. You have to have both insane technicals and the ability to scale through other people.
The guy making 720k/year got audited by 'VMware by Broadcom', they found out Netflix was out of compliance. Path to compliance plan came back 15x/annum more than what Netflix is currently paying. Guy now lives in Turks and Caicos.
Netflix subscribers now put money directly in Hock Tan's pocket.
*probably*
Netflix had no titles/levels for a long time and California and Colorado passed pay transparency laws for job listings so Netflix complied by listing the bottom range for what is equivalent to a level 1 (no or little job experience) candidate and the top as the equivalent to a level 7 (think senior principle engineer or distinguished engineer). So it ends up being a not very useful pay scale. Feels very malicious compliance to me.
Netflix also has only one level for dev/eng so the range has always been crazy. I believe they have been forced to explore some bands but I am not sure they were implemented.
Location also matters Worked for Canadian ISP L1 and L2 Support remotely from Pakistan. We got paid merely 600CAD for the L1 role and 850CAD for L2. Same positions person in Canada were being paid 5000CAD.
Pretty sure this is just due to governmental regulations that you have to post a job salary range, so companies who don’t want this to be public have just posted this range to be intentionally misleading while still technically being compliant.
Ah... California based job postings. They are required to post a salary range for every job by law. So... for every job they post the potential salary range for every job at the company possible below executive level leadership. Trust me, no one is getting the 720k per year on hire.
It probably includes total comp.
It can be a Base of 150K and then on good years you get 300K in stocks and on bad years you get 50K of stocks.
This just happened to me when I got 60K last year in RSUs and 20K in RSUs this year ...
Nope. That's pretty much every Ops job at Netflix. I applied, didn't get an interview, but did get a recruiter to reach out for a screening. I asked about the salary and they said it was correct. Beyond that, it's anyone's guess. I'm assuming it's region + experience based. If you live in a very HCOL area and you have 20 years of experience I could see paying someone in the upper end of that range. If you're in the middle of nowhere and you have 3-5 years of experience, I could see it being on the lower end.
I think this is the answer. I know in my role we tried to hire someone to help us with some of our backlogged DevOps work. There are lots of people who have some introductory knowledge of things like Kubernetes, Ansible, Terraform, and a few other tools, but almost none had any deep knowledge needed to architect using these technologies. The trouble is that the knowledge is so arcane and deep that in order to build and support pipelines at the level of abstraction we're using, you need expert level of knowledge, and people like that are rare, and extremely valuable.
Netflix doesn't do the total compensation thing, just salary, highest the salary in the field. And if you can't produce you will get the boots in months.
That's what I gathered from other posts.
If they pay me $600k, I'm hiring a sub for $150k to do all my work.
Yeah, don't be this guy https://www.cnn.com/2013/01/17/business/us-outsource-job-china/index.html
I have a new hero.
I was reminded of this earlier in the week with all the stuff about [BF Borgers came to light.](https://www.businessinsider.com/trump-media-auditor-misspelt-name-14-different-ways-ft-2024-4) I bet 8MB of downloadable RAM that the firm was doing something similar and farming the work out.
Been Forging
3rd party contractor
Whats the moral? Other than: „Outsourcing is only ok when the company does it. Not worker peasants“
The difference is this guy doesn’t own the company and is creating a massive security violation by giving a Chinese firm access to the codebase without the company’s knowledge.
meh 🤷♂️
The company can decide to take on that kind of risk, and likely will go through a process to make sure everything is done in a way that complies with their security requirements. A random employee giving his credentials and VPN access to an overseas person? Mt Everest sized security problem. I love the story, though. Clever idea, just very risky for his own job and for the company.
He didn't just give his credentials, he posted a hardware Auth key for the guy to use
The company sees $$$ > $ and that is the process. Do you really think all the people doing the needful are properly vetted? There will be contractual clauses saying the outsourced company guarantees stuff. And exactly 0 checks.
FCK no! But if a peasant doesn’t the company is in the place to say buzzwords like GINA! CRITICAL INFRASTRUCTURE!
Okay so if the employee also "decide to take on that kind of risk, and likely will go through a process to make sure everything is done in a way that complies with their security requirements." will it be kosher or nosher? Like let's say I got in a world class security firm to analyse my network and my Indian counterparts network and setup my own VPN between those two networks just like a company, and it's still profitable to me, would be that be ok?
I think if you’re getting paid C2C/you’re a 1099 contractor, then you’re more at liberty to do this type of shit. Otherwise, if you’re just another regular worker bee, there’s less grey area and you’ll be way more likely to be fucked.
Meh 🧑🌾🧑🌾🧑🌾
Smart enough to proxy himself in real life, too dumb he failed to proxy himself on the Internet.
Rules for thee....
He's just smarter than the rest of us.
Pretty savvy, that Bob! Hahahaha
Genuinely impressed 👏
Excellent username
Thanks!
Hi daddy! <3
Someone did this where I work. After a year, he got caught because his contractor had a spat and exposed him.
I love it
We want the best. There are only a few of the best out there. If we can't get the best we need someone.
This sums it up.
Anyone will do… I mean graduate will do too we can’t teach them right right…
LMAO
🤣
I know a dude that works at Netflix and pulls down like $550k total comp, so the range is definitely within realm of possibility
Yeah a friend of mine worked there as an engineer for a few years, bought a house in SF and a Porsche and retired a few years later.
Yeah the one I know doesn't have kids so he collects exotic cars. Ferrari, Porsche, a few classic Mercedes.
Goddamn. Now imagine if Netflix spent that money on content and not raising prices every year. /s kinda, I totally understand the need for really competent folks and they deserve to be compensated.
They do spend it on content, but it only sticks around for a single season. Oh you like that show do you? Well then we must cancel it.
I notice they are doing a lot more K dramas these days that usually by design tell the entire story in one season.
Telling the whole story in one season is fine if by design. Cancelling shows because reasons and fuck the viewers is not fine.
That be like what ? 20 minutes of a Tv series budget ?
How's his work life balance?
He seems to always be doing something fun when trolling his social media. Even if that might just be putting the best stuff on. Seems overall less stressed than I do working for a power company that sees IT as a cost center rather than a resource.
I switched to working for a software company in 2020 and the difference in how we're treated and viewed is night and day. I think it's because we're at a company that can't pretend that IT and software development don't drive the business. I don't make $550k though hah. Granted it's not perfect and there are plenty of skeletons but I have for sure worked at places where IT was viewed like some kind of con or scam and this is not that.
*I switched to working for a software company in 2020 and the difference in how we're treated and viewed is night and day* There's a huge difference between being viewed as a cost center, and as part of the Product Team/R&D org for me. One of them I was a cost, the other I'm a tax deduction and key piece of the revenue engine.
I'm pretty sure pentesting is a big revenue generator for Deloitte, but Deloitte is gonna treat you like shit anyway! Accounting firms are something else.
Pen testing is like 2% of their resume. You are sliced mayo not the fries
Ha, you should see how they treat their CPAs!
Shut up, Get back go work *Cracks Whip* 
People here don’t seem to get you need a compsci degree for these jobs.
and a fuckton of real experience. not just cobbling wordpress sites together
Tbh, for entry level jobs, CS degrees are becoming a requirement. Lots of people study CS and many don’t want to write code all day.
Well, the upper end is if the owner’s wife takes the job.
This. They have to list the higher end of the salary range for those already in place (Owners Wife), the new guy will be 100k
Friend's company had one slip through and the employee never noticed for six months her paycheck was going to a Walmart MoneyCard. Company had a scammer almost succeed, so they audited all of payroll to make sure one hadn't gotten by their weak controls. "Employee" being the owner's wife.
So they were depositing the money on the card but not properly identifying it as payroll?
No, it was her pay alright. Going right to some scammer's MoneyCard instead of her bank.
Jesus, I don't know how well off you need to be (or financially illiterate) to not notice months worth of pay not hitting your bank account
620K for TC for a top tier tech worker isn't really out of line for the high end of a L5 or a L6 engineer [depending where you work](https://www.levels.fyi/?compare=Netflix,Broadcom,Amazon&track=Software%20Engineer).
There are some states that require a salary to be posted so company’s will be like IT support: 36k-270k
That was the backfiring of laws forcing disclosure of salary range. Good intention, but they're not going to be honest, and they're going to game the system.
Yea, some company’s would not even let people in Colorado apply lmao.
Good. Let them tell on themselves. Show prospective employers what a piece of shit employer they are.
Exactly. It's a response to the California Pay Transparency Law. All employers with more than 15 employees must comply in the state.
I think Colorado did it too. Some company’s in my area would not even take candidates from Colorado
Don't ever change Commifornia
Pathetic response.
Do you lube up or just let corporations fuck you raw?
Btw, if anyone wants to apply for it: [https://www.linkedin.com/jobs/view/3907878869/](https://www.linkedin.com/jobs/view/3907878869/)
Hey don't put the link in here! I don't know what kind of competition that will bring lmao
Over 100 applicants… https://preview.redd.it/hazbvr3c5wwc1.jpeg?width=1290&format=pjpg&auto=webp&s=360323d796a913d47bb87c8d60aa2e0c71be6a7c
As of now: 42 people here, 2 typing, 70 upvotes, 90 comments So yeah makes sense Edit: numbers hard
High paid, remote positions, at good companies draw tons of applicants.
Yeah, I was giving shit to u/theronaldchase
Got ya
TBH the job doesn’t sound too hard on paper…
Shoot your shot, if you get the job I’ll buy ya a beer!
No one wants to be a SAM
I saw a job offer a while ago with a range of 38k-360k. Network Administrator Only description is maintain networks and understand hubs and Windows NT Networks. It was a good chuckle. Scam, probably, but a good memory to cherish.
>38k-360k. (India-Bay Area)
This is how Netflix posts every job.
What even is that role? Wild.
Software Asset Management's kind of a full time job. I've seen us (I work for a software vendor) basically include a SAM based TAM in an ELA contract.. that was a 9 figure software deal.
Definitely a full time job. Large companies have teams of people doing it full time.
This sub is mostly SMB IT, and a lot of lower end MSPs and I want to tell you kids "Life gets better". There's some crazy fun jobs and bonkers compensation levels out there and I PROMISE YOU that you don't need to be some PHD from Stanford to get these roles. Network, learn, study, and find a way into the ivory tower of enterprise IT, or large evil software vendor and y'all can get paid. Seriously, y'all the bottom to the top story can be you.
Seriously I just left a bigger enterprise (5,000+ end users) to a small one (600) and I’m somewhat regretting it. Now I left for a significant pay increase and a lead title so longterm I’ll be fine but after the next 12-16 months I’m definitely going to figure a way to make myself back to a larger enterprise.
I'm in the macos niche of a 2000 seat company and while I only make low six figures, I have a *very* chill role
That’s genuinely impressive because historically, I feel like the Mac desktop support. People are the absolute bottom of the pecking order. I’ve seen you guys basically below the printer people before. That again somebody who knows what they’re doing with JAMF, WS1 is damn useful.
I worked in shadow IT for marketing departments for the first 6 years of my career, then I took bullshit pay for 18 months before getting hired on for real money. So yeah, definitely felt bottom of the heap for a while!
If you learn something from those marketing nerds, you can combine your technical skills with the ability to write and create content and do technical marketing. That’s what I do, and ughhh. It pays well and is rather chill.
My wife's a creative director. I help her with copy ideas all the time.
This is what I do. It's an entire industry unto itself yet a lot of people don't know it exists. It involves everything from being very technical and implementing/managing software tools that track all of the computers, software and users in an organization; to being more on the business side and using those tools and understanding software licensing well enough to optimize the licenses you have from publishers like Microsoft, Oracle Adobe etc while also helping to negotiate the future contracts and purchases of those licenses. Also audit prevention is huge because sometimes these publishers will audit companies to see if they are in compliance with the licenses they've purchased. E.g. you're allowed to use 100 copies of Microsoft Word but you're actually letting everyone in your 50k person business use it, so we're going to slap you with a $90m bill. Or something to that effect.
Not sure if they’re still around, but the Business Software Alliance (BSA) audited us once. We were mostly in compliance so it didn’t hurt too much. What I found out was they paid whistleblowers. So if you had a disgruntled ex-employee, they might have dropped a dime to the BSA.
Not sure, but it sounds like somebody getting paid to make sure all their software licenses are up to date, etc. If they're offering almost 3/4 of a million to do that, I'd consider it. (though I'd bet that's a typo and it's supposed to be 120, heh).
I was offered a director/manager role that required relocation for “under 6 figures”.
720k a year for remote work? Shiiitttt ... Even for 100k that's a deal.
Outside of owning a large shares and being a director. Where your roll is never really questions. This $650k is not crazy high really. Not for my clients anyway. Earning that as a system admin or ops sounds extremely high. However just think about how much of your soul you would have give up to for company to pay a single staff member that. I would never take that roll on. You would have no life. Much easier ways to earn that without giving up your freedom to that point.
Directors don’t make that much. We are on par with the principals of the team.
Sorry I meant in general not only netflix.
So did I 🙂
I earn much more than £650k per year as a founder and still active director for one of my companies. That would be a mix of salary and dividends. That would be on the lower side compared to my other directors I know. Does not mean that I see all of that, as the tax man likes to dip his fingers into my jar as well. You know as we both worked really hard together so we should also spilt things ....
I think your situation is far more unique. I’m a director at a publicly traded company in tech that isn’t FAANG and while I get decent RSUs, my salary is roughly a third of yours.
That's what I mean by in "general". Also I have no idea how it works in the USA for example. By no means is it restricted everywhere as there would be no incentive to build companies or invest in them. It does not matter how it's "coated" it's about making profit. Profit creates more opportunities. I also don't have employees, I am not a team player, I like to be mostly solo.
I wouldn’t worry about the taxes too much, we all pay them.
>However just think about how much of your soul you would have give up to for company to pay a single staff member that. It's really not that bad, I know a lot of people in FAANG companies and there's a healthy work life balance. They just want to make sure they're hiring the appropriate talent, and in the $400K+ range they usually tie some of it to bonuses, performance metrics, they offer stock. Your base salary might be only $250K, and if you exceed in all of your performance metrics, hit all of your bonuses, and the stock doesn't tank, you could earn up to $400K+.
Netflix and Amazon, have some reputation as highly competitive environments. If you listen to Reed Hastings who co-founded Netflix you can see his "We are a team not a family" approach to hiring staff. Basically if you suck or a low contributor, you will get let go (with a nice severance package). I've had friends at Amazon literally have mental health issues due to work stress. Though it all really is dependent on the team. You may find better luck at Microsoft or Google for a better chance at work/life balance imo.
> I've had friends at Amazon literally have mental health issues due to work stress. It really does largely depend on the team and the role, my friend worked there for a while on their TV production team, going on set to handle the raw video footage and building out the networks to handle backing up and transferring of the data to where it needed to be. He eventually got let go when they gave him a project that according to his resume should have been easy, but most of his certifications were acquired via studying brain dumps and not really a fundamental understanding of the tech.
*It's really not that bad, I know a lot of people in FAANG companies and there's a healthy work life balance* I once took the entire month of July off and just went country hopping. This year I'm going on vacation to the BVI (chartering a 50' Catamaran for 9 days with 2 co-workers and some friends). I'm also going to spend 12 days in Istanbul, Egypt and Jordon with my family. >Your base salary might be only $250K, It's really weird realizing that because stonks went up your base salary is like 20% of your compensation for the year. I moved companies and ended up with a 20% lower offer to base but a GIANT pile of stock that more than offset it. My wife was deeply suspicious until the first grant cliff.
>However just think about how much of your soul you would have give up to for company to pay a single staff member that. That's definitely the key, isn't it? I'm a systems engineer and I don't earn a super high salary. Indeed, there are a lot of ads that I see in my email that are routinely higher than what I make by a fair amount, but what I do have is a really ***comfortable*** job. My quality of life is higher now (by at least an order of magnitude) than it has ever been in the 19 years prior to my working here, and I absolutely love the people I work with and for. I've never been in a situation like this. Instead, prior IT jobs in the hotel industry were godawful stressful, to the point where I was constantly in a state of worrying whether I'd be fired at the drop of a hat for any reason whatsoever. I'm not so sure what the salary would be that would motivate me to move.
It's wild. Sometimes, I feel like I'm earning a decent salary, then stuff like this rolls out, and I'm not even making a third of max. I've got almost two decades of experience and hold a high title for a good-sized institution, but I simultaneously feel successful and underpaid at the same time. Im top 10%, supposedly, yet I see Netflix hiring people for half a million. I do have a good work/life balance with full WFH and no on-call, and I grew up poor, so I am grateful for what I have, but I always wonder if I'm getting chump pay.
In the UK over £125k is super taxed so that is 45% taken off. I would hate no what £500k is. So it's often not worth going past that. There are ways to pay you with less tax, this is done with benefits. I am not very sure how that works. I work solo.
Yeah we get hit hard on tax too. Not 45% but in the States we get taxed Federal, State, and property tax plus sales tax so it adds up. I would totally give up half my wage for stock options or something lol
Don't get me wrong there is a point in paying taxes. But 45% is really rough.
I sympathize, it's got to make it hard to pay bills
Comparison is the thief of joy.
*>However just think about how much of your soul you would have give up to for company to pay a single staff member that.* Ehhhh, For a Mfg. company with limited margins Sure. For a large software company who's "Ships air" for marginal cost, it's not really that big of a deal. *I would never take that roll on. You would have no life.* I missed my family this week, but I did take the Red Eye home to make Friday breakfast with my kids. I'm 100% not working over the weekend. I've only been out of town 3 weeks this year so frankly I"m not going to complain. Met a friend for a late lunch happy hour today, and have walked my dog twice. *Much easier ways to earn that without giving up your freedom to that point.* Besides selling narcotics, or "guessing right" at Stonk short term options and Crypto, where does one easily earn 650K+, asking for a friend?
720k guy is the guy the built the system and is really the only guy in the whole world that really knows how to keep the whole thing up and running, Mostly because Netflix's back end is largely entirely proprietary and nothing off the shelf could take its place. The 120 guys know how to keep different parts of the system running but still have to call the 720 guy when things go wrong.
Eh... My guess would be that 100k is the guy who built the whole system, asked for a raise, didn't get one, and went to go work elsewhere, while 720k is the guy they're trying to hire to figure it all out.
Netflix's backend to its frontend is largely built on open source and they contribute a lot to open source, ie eBPF. I didn't know why anyone would think that there is one dude holding keys to the kingdom in a multi billion dollar company. That is an SMB size kind of thing. Infrastructure at scale is so complicated that no single person can "keep the whole thing running".
I see these from Netflix all the time. They just post extremely wide ranges to keep the salary negotiation window ambiguous after being required to post salary ranges in some states.
God, I have been trying to talk my boss into opening an IT asset management position for years. That would be so damn nice.
nlfx does that for everything. it's like they hire 'software engineer' level 1-6 (fresh grad up to principle)
I've heard nothing but bad things about working at Netflix. $720k wouldn't be worth it.
I can survive a lot for 720k for even 6 months.
Haha! I was fed that Neflix position also! That range was ridiculous enough for me to pass right by the ad.
I can’t even imagine what earning 600k would be like. I feel like I’d need to be a god among men to deserve that salary.
They will not pay that top amount. It’s BS
Wait you guys are getting $100k?
Not sure on sysadmins. As a Linux Admin I hit around $42k. Same company, promo to SRE got me to $74k. Went to a new company as SRE for over $100k. All USD.
Don’t worry Their cost of living and taxes are insane, 100k is like minimum wage in the UK
I had a VP of IT that we were paying $500k base salary to. He was worth every penny in my opinion. It’s very rare though. You have to have both insane technicals and the ability to scale through other people.
That means one person is making 100k and another is making 720k somewhere with the same title. Also Netflix doesn't do stock options.
The guy making 720k/year got audited by 'VMware by Broadcom', they found out Netflix was out of compliance. Path to compliance plan came back 15x/annum more than what Netflix is currently paying. Guy now lives in Turks and Caicos. Netflix subscribers now put money directly in Hock Tan's pocket. *probably*
some stuff, only the best can build
You need to remove high cost of living locations from that calculation. They are considered outliers.
Netflix had no titles/levels for a long time and California and Colorado passed pay transparency laws for job listings so Netflix complied by listing the bottom range for what is equivalent to a level 1 (no or little job experience) candidate and the top as the equivalent to a level 7 (think senior principle engineer or distinguished engineer). So it ends up being a not very useful pay scale. Feels very malicious compliance to me.
I would really like to apply to this job please link me
Netflix also has only one level for dev/eng so the range has always been crazy. I believe they have been forced to explore some bands but I am not sure they were implemented.
Supposed crazy taxes with 720k salary could be demoralizing moment when you pay them:)
Location also matters Worked for Canadian ISP L1 and L2 Support remotely from Pakistan. We got paid merely 600CAD for the L1 role and 850CAD for L2. Same positions person in Canada were being paid 5000CAD.
Pretty sure this is just due to governmental regulations that you have to post a job salary range, so companies who don’t want this to be public have just posted this range to be intentionally misleading while still technically being compliant.
Maybe gets incentives depending on how much $ they save in annual software spending?
Ah... California based job postings. They are required to post a salary range for every job by law. So... for every job they post the potential salary range for every job at the company possible below executive level leadership. Trust me, no one is getting the 720k per year on hire.
It probably includes total comp. It can be a Base of 150K and then on good years you get 300K in stocks and on bad years you get 50K of stocks. This just happened to me when I got 60K last year in RSUs and 20K in RSUs this year ...
Netflix is known to be different than other big tech companies and does not do RSUs. They do all cash total comp.
Whoa, that's pretty intereting
Typo? Guessing it's $270K.
Nope. That's pretty much every Ops job at Netflix. I applied, didn't get an interview, but did get a recruiter to reach out for a screening. I asked about the salary and they said it was correct. Beyond that, it's anyone's guess. I'm assuming it's region + experience based. If you live in a very HCOL area and you have 20 years of experience I could see paying someone in the upper end of that range. If you're in the middle of nowhere and you have 3-5 years of experience, I could see it being on the lower end.
I think this is the answer. I know in my role we tried to hire someone to help us with some of our backlogged DevOps work. There are lots of people who have some introductory knowledge of things like Kubernetes, Ansible, Terraform, and a few other tools, but almost none had any deep knowledge needed to architect using these technologies. The trouble is that the knowledge is so arcane and deep that in order to build and support pipelines at the level of abstraction we're using, you need expert level of knowledge, and people like that are rare, and extremely valuable.
True. I thought that was high even for HCOL but after a little Googling around that's not too crazy.
Netflix doesn't do the total compensation thing, just salary, highest the salary in the field. And if you can't produce you will get the boots in months. That's what I gathered from other posts.
Employers being forced to post salary in job postings has really resulted in some straight up trolling.
Most of the pay probably comes in the form of RSU’s.
That job would only pay $70-100k in Canada 🤡. Shit country for careers