Typical Compensation Zones for FAANG Companies
Posted on August 07, 2023 in guide
FAANG companies typically use a few different compensation zones, including:
- San Francisco Bay Area: This is the highest-paying compensation zone, with salaries that are significantly higher than in other areas. This is due to the high cost of living in the Bay Area.
- New York City: This is another high-paying compensation zone, with salaries that are slightly lower than in the Bay Area. This is due to the high cost of living in New York City.
- Seattle: This is a mid-range compensation zone, with salaries that are higher than in most other areas but not as high as in the Bay Area or New York City.
- Austin: This is a lower-cost compensation zone, with salaries that are lower than in most other areas. However, the cost of living in Austin is also lower than in most other areas.
The specific compensation zones used by FAANG companies may vary depending on the company and the position. However, these are the most common compensation zones used by FAANG companies.
Here is a table that shows the typical compensation ranges for software engineers in different compensation zones:
Compensation Zone | Base Salary Range | Bonus Range |
---|---|---|
San Francisco Bay Area | $150,000 - $250,000 | $50,000 - $100,000 |
New York City | $125,000 - $200,000 | $40,000 - $80,000 |
Seattle | $100,000 - $150,000 | $30,000 - $60,000 |
Austin | $75,000 - $100,000 | $20,000 - $40,000 |
It is important to note that these are just typical compensation ranges. The actual compensation that an employee receives will depend on their experience, skills, and performance.