[HN Gopher] Manually verified job salaries/offers in Artificial ...
       ___________________________________________________________________
        
       Manually verified job salaries/offers in Artificial Intelligence
        
       Author : cracker_jacks
       Score  : 75 points
       Date   : 2020-09-28 17:46 UTC (5 hours ago)
        
 (HTM) web link (aipaygrad.es)
 (TXT) w3m dump (aipaygrad.es)
        
       | djohnston wrote:
       | I keep telling myself I enjoy living in Europe more than the
       | U.S., but when I see these numbers...
        
       | bgirard wrote:
       | Looks like it's incorrectly including the full 4 year equity
       | grant in the yearly compensation grant.
        
         | throwaway287391 wrote:
         | One of the creators (Devi Parikh, a prof and RS at Facebook)
         | tweeted about it and has answered a few questions about that:
         | https://twitter.com/deviparikh/status/1310610025212071939
         | 
         | Seems well aware that equity offers usually vest over 4 years
         | e.g.: https://twitter.com/deviparikh/status/1310654018654367744
        
           | MiroF wrote:
           | You're telling me multiple L4s are getting $254k/yr in
           | equity? That's surprising to me, and I thought I had a sense
           | of the market.
        
         | compthrowaway wrote:
         | Nope. The L4ish offers certainly would be far too low if that
         | was 4 years, and these are supposedly "manually verified."
         | 
         | The hovertext also says they explicitly divide by N.
        
           | bgirard wrote:
           | I only meant the top ones. There's a big discontinuity in the
           | data and this mistake is more logical than seeing $3m equity
           | grants that no other site can cross validate.
        
         | fnbr wrote:
         | I think it's a mix, where some are, and some aren't. I'd be
         | _very_ surprised to see a L6 making $1M/year.
        
           | joshuamorton wrote:
           | Research scientist ladder at Google is a higher comp band
           | than swe by, at least for lower levels, about 1 level. So an
           | L6 RS getting high l7 swe comp isn't out of the question.
           | 
           | That said, the person getting such a large stock grant with a
           | lower base salary is suspicious. The other two offers for L6
           | are clearly correct as they are (160K/year stock is too low
           | for L6), but that one is odd. Doesn't mean it's wrong though.
           | 
           | For some context, initial grants are usually larger than
           | refresh grants, and an L6 SWE (who again is in a lower band
           | than L6 RS) can expect a >200K stock refresh. So a new hire
           | RS at that level isn't going to get less than 200K annually
           | (or 800K/4yr).
        
           | snug wrote:
           | You don't get a sign-on bonus every year either. Agreed, I'd
           | say at most you're getting $250k/year in equity, no way L6 is
           | getting $3.2M in equity over 4 years
        
         | [deleted]
        
       | lowiqengineer wrote:
       | Yikes the Amazon numbers are really low...
        
       | apazzolini wrote:
       | The irony in needing to manually verify job salaries/offers in
       | the AI field is just so [img-italian-chef-kiss]
        
       | woeirua wrote:
       | I really wish that sites like these would branch out to more
       | employers beyond just the FAANGs because the number of jobs in
       | AI/ML at these employers is just a small fraction of what we see
       | in the larger industry. You can prove that to yourself by just
       | looking at LinkedIn. I think if we had a truly representative
       | sampling of all people working with "AI/ML" related titles, we'd
       | see that the the true total comp distribution is much lower, and
       | probably just slightly better than a typical software engineer's
       | total comp with a similar amount of experience.
        
         | langitbiru wrote:
         | That's the goal of my project: PredictSalary
         | (https://predictsalary.com)
         | 
         | The goal of my project is to predict the salary range from job
         | opportunities (and Linkedin profiles in the future) using Deep
         | Learning method (and ad-hoc rules). My plan is to cover
         | countries outside US as well.
        
         | alexjray wrote:
         | My thoughts exactly.
        
         | PragmaticPulp wrote:
         | The reality is that FAANG-type companies are the only companies
         | large enough to pay these salaries and with enough hires to
         | keep it anonymous.
         | 
         | These sites are also heavy on selection bias. If someone
         | arrives at this site with a $150K AI salary, they're not going
         | to go to the trouble of submitting it and getting it accepted.
         | Instead, they're going to start updating their resume and
         | browsing job sites while they seek these higher salaries.
        
           | throw9872349872 wrote:
           | Just some anecdata, I'm in ml not in faang and make more than
           | the top end of the survey in the OP.
           | 
           | If I were to give some guidance, I'd suggest skipping on
           | faang as they top out where they top out, and go downstream
           | to smaller public companies who are growing and where you can
           | deliver real value. Companies like snapchat doubled in 1
           | year, square doubled in 1 year, etc etc. If you're already
           | joining a trillion dollar company you need to enter as a
           | leader to earn the top end.
           | 
           | You'll never see these stats because 1) you don't gain
           | anything from sharing and 2) it's easy to find who you are at
           | smaller companies.
        
             | gcheong wrote:
             | I'm curious to know how you got into ML? Did you go the
             | degree route? PhD? I'm guessing that's where the top end of
             | the salary range goes to but would be interested to know
             | your personal path and if you have any advice on how to
             | start.
        
               | throw9872349872 wrote:
               | PhD. From what I found, the most successful people are
               | the ones that marry the technical with the business and
               | consistently deliver value. So it's not talk/hype, but
               | real value and competitive advantage and ability to
               | communicate and effectuate change.
        
             | alexjray wrote:
             | Spot on
        
           | woeirua wrote:
           | I don't know... Glassdoor's system seems to work pretty well
           | for collecting this kind of data. Sure the number of reported
           | salaries is maybe too small to say anything specific about
           | individual companies, but in aggregate places like Glassdoor
           | and LinkedIn could probably tell us with high certainty what
           | the distribution looks like.
        
             | compthrowaway wrote:
             | In a world where (A) compensation is typically mostly in
             | the form of liquid equity grants and (B) compensation
             | amounts change rapidly year-on-year, Glassdoor's system
             | vastly understates compensation in the field.
        
               | woeirua wrote:
               | But you have to recognize that this system is very
               | atypical outside of FAANGs. Most large companies have
               | very modest stock incentive programs.
        
               | MiroF wrote:
               | > FAANGs
               | 
               | Do we just use FAANGs to mean every West coast software
               | company? Because otherwise it is very typical of non-
               | FAANGs as well.
        
         | Zaheer wrote:
         | Co-founder of Levels.fyi here - it's not so much that these
         | sites solely support FAANG companies, it's just harder to get
         | other people to add their salaries. We're working to encourage
         | folks at other companies to contribute through dedicated
         | company pages [1], etc. It's had a real impact and we've
         | started to collect much more data across more companies /
         | roles. We're also working to incentivize contributions more and
         | I do think we'll be in a position to have a more representative
         | sample over the next few months.
         | 
         | [1] https://www.levels.fyi/company/
        
           | IMAYousaf wrote:
           | I appreciate the transparency of the data collection. I go to
           | Levels for my first look over the Glassdoor's of the world
           | because I can actually trust the provenance of the data.
        
           | ryandrake wrote:
           | Seems that's the major flaw in self-reported salary
           | aggregation sites: Because it's self-reported, you're
           | generally going to get only one side of the bell curve: The
           | side that people feel good about reporting. The FAANG
           | employees, probably just the subset of them that are well
           | paid. Who wants to go to a web site to report to the world
           | about their utterly modest, average salary? How depressing! I
           | wouldn't want to.
           | 
           | When I go to a site like levels.fyi looking to compare my
           | comp, I'd have to believe that I'm not seeing "average"
           | engineering salaries, but an average of the very best
           | salaries at the very best companies. EDIT: Looks like you
           | addressed my question in your comment already. Removing it!
        
           | throw9872349872 wrote:
           | If I can provide some guidance, there is no upside to share
           | your data when you're at a small company because it's really
           | easy to find who you are. If there is a way to obscure the
           | company, for example, generalize to market cap or size ($1-3b
           | mkt cap company with 2500-5000 employees) and bucket that
           | way.
        
           | giantg2 wrote:
           | I like this site. It's also depressing. I see that new hires
           | at my company are making substantially more than I was at
           | that level, even accounting for inflation.
        
             | lotsofpulp wrote:
             | If you're on the seller of labor side of the transaction,
             | you should be happy labor is selling for more. Typically if
             | new hires are getting paid more, then experience people
             | will be getting paid more too.
        
               | giantg2 wrote:
               | In general that would be true. The problem for me is that
               | it requires switching companies. I'm not able to do that
               | since I naively did the jobs I was assigned. Now I'm a
               | Neoxam and FileNet resource with zero prospects.
        
               | etothepii wrote:
               | This does likely require some action on your side to
               | achieve though.
               | 
               | Typically, no-one will come and give you that 50% you are
               | missing out on by not having pushed for an extra 4.1%
               | every year for 10 years.
        
               | giantg2 wrote:
               | Based on what I've seen, one probably has to switch
               | companies.
        
               | sethhochberg wrote:
               | At my current company, we're experimenting with adding a
               | market rate salary review component to our regular
               | performance review cycle - we have a target salary
               | percentile (based on years of experience, skillset,
               | location, etc with aggregate market data from PayScale)
               | for where we start new hires in a given role, and if for
               | whatever reasons the market shifts upwards and leaves
               | someone on staff below the new-hire percentile, we adjust
               | upwards. We hope that regular pay increases, incentives,
               | etc mean nobody's compensation ever falls lower than
               | market rate after they're hired, but we also want to make
               | sure we have a mechanism in place to correct if it does.
        
         | etothepii wrote:
         | We're trying to solve the salary sharing problem more generally
         | with https://peerwyse.com by having you submit estimates of the
         | salaries of your LinkedIn connections and then sharing back the
         | aggregated view.
         | 
         | If you bring a few colleagues from the same locality / industry
         | your estimates of mutual connections can be astonishingly
         | insightful without anyone needing to break the taboo of
         | revealing their own compensation information.
        
       | user5994461 wrote:
       | It's so odd to see a site like that in es, the top domain for
       | Spain.
       | 
       | Do FAANG have offices in Spain? I don't think so. The site is
       | totally out of touch with reality, misleading younger developers
       | who see that and think oh great that's what I will aim to after I
       | graduate.
       | 
       | A developer in Spain would be a lucky to have a job in the first
       | place, for one tenth of that.
        
         | ignoranceprior wrote:
         | It's a domain hack. The site name is "AI Paygrades", so
         | "aipaygrad.es".
         | 
         | https://en.wikipedia.org/wiki/Domain_hack
         | 
         | Is it also misleading that so many startups are based in
         | British Indian Ocean Territory (.io)?
        
         | asciident wrote:
         | It's not odd at all. It's a common way to set up your website,
         | that's been happening for decades.
        
       | richrichardsson wrote:
       | On the off chance that whomever runs this website sees this (or
       | anyone else who might know the answer):
       | 
       | any idea how to stop getting the multiple Spanish language B2B
       | spam every day?
       | 
       | I also run a .es domain and it seems that simply registering a
       | domain gets you added to a ton of shitty spam lists.
        
       | mam2 wrote:
       | It's /2 on all of these if it's not FANNG.
       | 
       | The stats doesn't make sense, it's skewed to the top.
        
       | johnward wrote:
       | I would have thought these companies paid a better base salary
       | being in such a high cost area.
       | 
       | Also, do FAANGs typically grant more equity after the 4 year
       | vesting period?
        
         | thor24 wrote:
         | They do grant enough to keep your comp in the similar range
         | (but usually comp does go down). So general rule of thumb is to
         | just switch every 4 years to get another grant :P
        
         | fnbr wrote:
         | Yes, they do. It's typically slightly less than what you get
         | initially, although that can vary depending on your
         | performance.
        
         | filoleg wrote:
         | > Also, do FAANGs typically grant more equity after the 4 year
         | vesting period?
         | 
         | Yes, they typically hand it out every year with their
         | additional stock grants/refreshes.
         | 
         | When you start, you initially get a big dump of shares that
         | vest over 4 years. Then every year, you get some more shares
         | that vest over another 4 years. By the time your big initial
         | stock grant is fully vested in 4 years, you already accumulated
         | 4 years worth of yearly stock grants, that they pretty much
         | replace and outnumber (in aggregate) that initial big stock
         | grant, esp. since each year your yearly stock grant will
         | probably be larger than the previous one.
         | 
         | Note: that's not the case at every single FAANG. For example,
         | MSFT (which I know specifically isn't in the FAANG
         | abbreviation, but is still often counted as a part of it; and I
         | know that what I am describing below holds true for Amazon too,
         | but they have it even harder, according to my friends working
         | there) is specifically known for those yearly grants (that
         | usually come at the annual rewards time) being too small. I can
         | attest from my own experience, because all of my additional
         | stock grants pooled together over the past 3 years accumulate
         | to less than a half of my last vest of the initial big stock
         | grant. Even if those 3 years of accumulated stock grants were
         | to fully vest all at once on the same day. And, mind you, my
         | situation isn't even that bad compared to the average, because
         | I have been hitting the rewards performance metrics
         | significantly above the 100% target, hovering around 180-200%
         | every single year.
        
         | ptmcc wrote:
         | Yes. There is usually a base retention grant every year, which
         | is roughly one quarter of a new hire grant, with a 4 year vest.
         | 
         | Then there are tiers of additional performance grants on top of
         | the retention grant, which can be significant, perhaps as much
         | or more as an entire new hire grant.
         | 
         | In a well-designed RSU grant system, employees basically end up
         | on an RSU vesting treadmill that always has that carrot on a
         | stick in front of them. The golden handcuffs to keep them
         | around.
         | 
         | Specifics vary by company, but that's the template most start
         | from.
        
       | arasdean2 wrote:
       | This is cool, but would be better if you could see years of
       | experience factored in as well like they have on levels:
       | 
       | https://www.levels.fyi/Salaries/Software-Engineer/Machine-Le...
        
       | bayesian_horse wrote:
       | I'm trying to get started in ML/AI and data science, and by now
       | I'd work for minimum wage. And yes, probably because my CV is
       | screwed up.
        
       | autocorrect26 wrote:
       | Are these salaries unique to research scientist in AI only, or do
       | FAANGs pay these type of salaries for research scientist outside
       | of AI in those same pay grades?
        
         | cvhashim wrote:
         | Unsure if this answers your question but a colleague of mine 2
         | years out of school is at a 12 person Robotics/Autonomous
         | Vehicle startup based in SV making 160k base.
        
       | rich_sasha wrote:
       | Interesting, basically it is 4 companies, plus DeepMind, plus
       | some small residual.
       | 
       | I remember looking more closely at this sector, from a UK
       | perspective, and finding next to no well-paying jobs, never mind
       | interesting (well-paid on the scale of this webpage). If there
       | are some I'm dying to know!
       | 
       | But if this is a wider trend, it is odd how not just the
       | internet, personal data etc that are owned by FAANGs, but the
       | market in AI jobs too.
        
       | kendallchuang wrote:
       | It would be nice to see the years of experience and education for
       | the different positions. AI/ML is a rapidly growing field the
       | past few years so a lot of these individuals probably came from
       | academia or different industries.
        
         | [deleted]
        
         | atg_abhishek wrote:
         | Agreed, without the number of years of experience (there is
         | possibly a loose correlation with the levels indicated) it is
         | hard to make sense of the data
        
       ___________________________________________________________________
       (page generated 2020-09-28 23:00 UTC)