1 billionaire ~= 5,000 Google SWE earning to give 30% of their income
Wait, that doesn’t sound right? A Google SWE giving 30% is ~$160k/​y ($500k pay * 30% + $10k donation match) [EDIT: see comments; $130k/​y is better]. If you had 5k of these that would be $800M/​y [EDIT: $650M/​y]. OpenPhil (especially large and committed for a billionaire) gave $606M in 2022, their most ever.
Maybe 1,000 engineers would be a better estimate? That would give close to what OpenPhil granted in 2018.
New grads are hired at L3, and almost everyone makes it to L4, typically within 2-3y. Most of them get to L5, typically 3-5y from then. L5 is a fine place to stay, and getting promoted above that is harder and is no longer most people. I was hired at L3 and got promoted at L6 after about 9y.
Looking at levels.fyi I see average total comp of:
L3: $182k
L4: $270k
L5: $357k
L6: $474k
L7: $657k
I think this is across the whole US, though, and while I can’t get it to show me Bay Area numbers right now, my memory is they are about 30% higher?
But seems like I should have said $400k instead of $500k? Edited my comment above.
Wait, that doesn’t sound right? A Google SWE giving 30% is ~$160k/​y ($500k pay * 30% + $10k donation match) [EDIT: see comments; $130k/​y is better]. If you had 5k of these that would be $800M/​y [EDIT: $650M/​y]. OpenPhil (especially large and committed for a billionaire) gave $606M in 2022, their most ever.
Maybe 1,000 engineers would be a better estimate? That would give close to what OpenPhil granted in 2018.
what percent of Google SWEs hit $500k?
New grads are hired at L3, and almost everyone makes it to L4, typically within 2-3y. Most of them get to L5, typically 3-5y from then. L5 is a fine place to stay, and getting promoted above that is harder and is no longer most people. I was hired at L3 and got promoted at L6 after about 9y.
Looking at levels.fyi I see average total comp of:
L3: $182k
L4: $270k
L5: $357k
L6: $474k
L7: $657k
I think this is across the whole US, though, and while I can’t get it to show me Bay Area numbers right now, my memory is they are about 30% higher?
But seems like I should have said $400k instead of $500k? Edited my comment above.