Hacker News new | past | comments | ask | show | jobs | submit login

If they're highering engineers at "20% above Facebook compensation", it really doesn't make sense. In china they could higher roughly 15 top engineers for the price of 1 engineer in the bay area (in China there's an even bigger surplus of engineering talent).



That's simply not true. A top engineer in China costs at least $100k, no way Facebook is paying its engineers ~$1.5 million. ByteDance is famous for paying high salaries: https://crm.org/articles/3-million-pay-packages-how-a-chines....


Makes perfect sense. Poaching FB's (or any competition for that matter) employees potentially makes them easier to compete with and increases the cost for FB to compete.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: