Avoiding FAANG Down-Leveling
Thanks!
I wonder if the reason why banks have so many VP SWE is to pay them salaries competitive with FAANG (because they have a set salary table).
Well they could just raise salaries without changing titles to be competitive but they haven’t according to levels.fyi.
Inflating titles is a way to attract people to work at these companies without paying them more.
Great points mentioned.
This relates well: https://www.junaideffendi.com/p/why-job-titles-matter
Yep, there is some value in some titles (it depends as always though)
Thanks!
I wonder if the reason why banks have so many VP SWE is to pay them salaries competitive with FAANG (because they have a set salary table).
Well they could just raise salaries without changing titles to be competitive but they haven’t according to levels.fyi.
Inflating titles is a way to attract people to work at these companies without paying them more.
Great points mentioned.
This relates well: https://www.junaideffendi.com/p/why-job-titles-matter
Yep, there is some value in some titles (it depends as always though)