this post was submitted on 18 Aug 2023
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Meta updates RTO policy with stricter mandate, saying workers may lose their jobs if they don't show up 3 days a week::Meta, formerly known as Facebook, told employees that its new RTO policy would be enforced by management.

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[–] bezerker03@lemmy.bezzie.world 8 points 1 year ago (2 children)

I mean these guys are generally pulling 300 to 700k a year so... I'd return to office for that easily.

[–] lolcatnip@reddthat.com 2 points 1 year ago (3 children)

Either I've been getting royally screwed at the places I've worked, or it's only pretty senior people who are making over 300k.

[–] phoneymouse@lemmy.world 2 points 1 year ago

In the Bay Area, it’s been pretty easy to snag a 300k+ offer from one of these companies in the past 3-4 years with only 2+ years of experience. Just play the leetcode game.

Hiring has slowed though and the compensation is based on stocks, which have been more volatile.

[–] bezerker03@lemmy.bezzie.world 2 points 1 year ago

Depends on the role but most of the impacted folk are engineers. E4 is around 286k a year (now after much of the reset from post covid). E5 (senior software dev equiv so like 5 or so yoe) is 400k a year.

Most of the payment is in RSUs granted.

[–] abaddon@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

Also depends on where you live. Masters graduates get 200+ starting in SF Bay and Seattle. Senior can be 500+, Staff/Principal can get 700. That's not the average but it's attainable. levels.fyi is not perfect but it's accurate enough.

[–] yoz@aussie.zone 1 points 1 year ago (1 children)

Lol true. If I am the director or any executive, i'll do a lot more exploitation for less.

[–] bezerker03@lemmy.bezzie.world 1 points 1 year ago

I mean being asked to go to an office isn't exactly exploitation. It is fucked to ask after promising remote and terminating folks when they say no I'm not moving my entire family. But that's why tech companies are usually younger folks.