Netflix pays only base salary, no stocks (RSUs). Total compensation at most other comparable companies has a significant stock component. The H1B reports only include base salary. So which they do pay well, no doubt, it is misleading to compare them to other companies based solely on H1B data (i.e., base salary).
Yeah, we're a Los Gatos based company as well and we beat
those numbers. Without adding stock in the picture, just salary, bonuses, 401K and healthcare.
But we're a company that is more like a co-op than your typical startup, as in, we're weird. Good weird, but weird.
Fair enough, but personally I'd rather take the extra cash and manage my investments myself (and avoid the whole golden handcuffs business that I keep hearing about).
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I don't have any intimate knowledge of working at NetFlix, but holy crap they pay well: http://data.jobsintech.io/companies/netflix-inc/2015
PS - In almost every business I've ever encountered, people are a lot less godlike than you might perceive from an external view.
Netflix pays only base salary, no stocks (RSUs). Total compensation at most other comparable companies has a significant stock component. The H1B reports only include base salary. So which they do pay well, no doubt, it is misleading to compare them to other companies based solely on H1B data (i.e., base salary).
Yeah, we're a Los Gatos based company as well and we beat those numbers. Without adding stock in the picture, just salary, bonuses, 401K and healthcare.
But we're a company that is more like a co-op than your typical startup, as in, we're weird. Good weird, but weird.
Fair enough, but personally I'd rather take the extra cash and manage my investments myself (and avoid the whole golden handcuffs business that I keep hearing about).
I agree. I didn't mean to imply the Netflix model was poorer.
I read the "Prevailing wage" column and thought "meh" then I realized I was reading the wrong column. Yeah, they do pay well.
They don't pay well for "Senior Data Scientist", whatever they mean by that. I make more than that in a much lower cost of living area of the country.