As a Lockheed shareholder, this salary is music to my ears. There's a reason FAANG stocks are tanking... these salaries are not sustainable once the fed increases a few rate hikes. |
Some people think they are being funny without realizing they are the clown
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You are happy that costs are going down? Companies only do that when they expect revenue to go down as well.. That should actually make you more worried. |
| SE FAANG Bay Area 425,000. 45. |
Nj, 20 mins from Philly. |
Aerospace pays horribly. It’s like acting. Lots of people want to do it because it’s cool and don’t strategize about salary. Lots of smart kids from rural America get aerospace degrees too, military families, etc who think they are doing interesting important work but don’t realize they should be fairly paid for this technical complex task. Most individual roles top out at $150k, $200k with clearance. Director would be $250K and usually involve BD |
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$240K base
$110K bonus $300K stock a year Stocks performed well so most years TC is like $1.5 |
Sorry just saw this Base makes up 1/3 Bonus varies and makes up about anywhere from $100K-$300K Rest is stock |
What do you actually do for them? ML algorithm? Ad optimization? |
This. I've experienced this as a tech executive at a publicly traded firm (we're not a tech firm but it's important to what we do). The TC difference between VP and EVP is much higher than between VP and lower levels. RSU grants/deferred comp really start to kick in. |
That explains it, DC area would be higher. I started around $60k 20 years ago. |
Machine learning, specifically in the domain of object classification and prediction |
Eventually, these high paying software engineering jobs will be deskilled and partially outsourced. That allows employers to separate the wheat from the chaff. This will happen to tech just like we saw with programmers in the late 1990s. |
Hell, I would never work for these companies for all the money in the world. |