Last updated: Jan 2018
Over much of the last decade, Facebook and Google have dominated the internet. Understandably, these companies are home to some of the world’s most elite tech talent. Which one of these tech giants offers the best salary and compensation package? And how do these companies rank on Paysa’s company ranking platform? If you are interested in pursuing a career with either of these companies, these are definitely questions worth asking.
Understanding Paysa CompanyRank
Before delving into the nitty-gritty of Facebook and Google salary and compensation trends, it makes sense to take a moment to understand how Paysa CompanyRank works. CompanyRank measures the density of top technical talent at a company, then ranks companies by the density of this talent over a period of time. Bringing the power of big data to bear, Paysa analyzes resumes, job postings and social activity covering 7.45 million points of data across 198,000 companies over the past 15 years. Companies analyzed range from Silicon Valley tech standouts like Google, Pinterest, DropBox, Uber, Airbnb and Tesla Motors, to businesses like Bain, General Motors, American Airlines and Target. Armed with this information, CompanyRank was born.
Paysa CompanyRank Results for Facebook and Google
So, how do Facebook and Google compare in terms of Paysa CompanyRank? Google currently holds the number 3 spot, with only Uber and Airbnb surpassing the company in ranking. Facebook comes in at number 5, right behind Pinterest according to the Paysa CompanyRank system.
As you can see from the chart, the rankings for Google and Facebook have remained relatively stable over the past three years, with Google holding a slight edge. However, if you look back just a little further, it becomes apparent that the companies have often run neck-in-neck with each other over the past five years.
The Skinny on Salary Ranking
While the Paysa CompanyRank measures the density of tech talent in a company over time, the Paysa SalaryRank, just as you would expect, ranks companies by pay for tech talent. Included in this calculation are base salary, annual bonuses, equity, and signing bonuses, if any. So, how do Google and Facebook compare when it comes to pay?
The average market salary for Google employees is $191,000 per year, ranging from $122,000 to $267,000. Average market salary includes $131,000 base salary, $17,000 annual bonus, and $42,000 annual equity.
At Facebook, on the other hand, the average market salary for employees is $205,000 per year, ranging from $133,000 to $284,000. Average market salary includes $140,000 base salary, $17,000 annual bonus, and $49,000 annual equity.
With the disparity between salaries, why is it that many Facebook employees migrate to Google? The answer may lie in other perks offered by the two companies. Google, as the much larger enterprise, offers a number of highly imaginative non-salary perks that may edge out Facebook’s offerings.
However, comparing the two as apples to apples, it is clear to see that Facebook leads Google in the market salary department. Does that lead extend by job description? Here are some job stats from a couple of different company positions for the sake of comparison.
Software Engineer Salaries for Facebook and Google
What is the going rate of pay for software engineers for both companies? The average base salary for a Google software engineer is $142,000 per year. Once you add the annual bonus of $16,000 and $45,000 annual equity, the average market salary comes to $203,000.
The average base salary for a Facebook software engineer is $153,000 per year. Once you add the annual bonus of $15,000 and $57,000 annual equity, the average market salary comes to $225,000. As you can see, the significant difference between the two companies lies largely in the area of annual equity.
How Do Product Manager Salaries Compare?
Facebook software engineers make more than their Google counterparts, but what about product managers at the two companies? As it turns out, Facebook comes out on top in this comparison as well.
The average market salary for a Facebook product manager is $233,000 per year. Average market salary includes $166,000 base salary, $21,000 annual bonus, and $46,000 annual equity.
The average market salary for a Google product manager is $218,000 per year. Average market salary includes $156,000 base salary, $20,000 annual bonus, and $42,000 annual equity.
The Bottom Line
Working for either Facebook or Google represents a solid career choice for top tech talent. While Facebook edges out Google in terms of salary, Google ranks higher for many in terms of additional perks that cannot be quantified so easily.
Making a decision about which company best fits with your career objectives is, of course, a matter of personal choice. Paysa gives you the personalized information you need to make the most informed decision, optimize your negotiating power in the marketplace, and get the position you want at the pay you deserve. Sign up today to personalize Paysa for you.