Facebook has been known to bringing up people from different backgrounds, races, nations, etc., together. In this article, we will discuss the Facebook software engineer salary is. We will also discuss how much software engineers generally earn, the benefits they are entitled to, and all the essential things we need to know.
Facebook is a social media that have revolutionized the way people communicate. In our lives, we have used at least one social media once. Facebook has various roles such as talking with friends, discovering the events, and reviewing the favorite restaurants.
When you want to look for a company to work for, compensation will play a key role. You need to look for work that will help you pay your bills, hence looking for work in a big technology company such as Facebook. This leaves us with one big question of knowing what a Facebook software engineer’s salary is. You might be interested to know Amazon software engineer salary information.
Facebook Engineer Salary Levels
There are levels that the engineers assigned to Facebook are allocated. The levels are associated with the seniority of the company. The highest levels come with a lot of responsibilities. A lot of big technology companies use this system. These levels ensure that everyone earns a significant amount of money according to how they impact the business.
You will have to know the various levels before understanding how much you will pocket as a software engineer at Facebook. They include;
- Level I (E3)
- Level II (E4)
- Level III (E5)
- Level IV (E6)
- Level V (E7)
- Level VI (E8)
Every engineer at Facebook is referred to as the software engineer, unlike Google. However, the majority of the software engineers at Facebook work at a lower level of the hierarchy. The main reason for this is that jobs at the top are scarce and need more skill sets.
You will need to have the in-depth industry experience to jump up the position higher with a considerable salary.
How much does Facebook software engineers earn?
Many factors will determine how much money you will earn as a Facebook software developer, such as experience and assigned level. Those starting at the entry-level will command the E3, while many senior engineers will get assigned higher levels. You will earn higher ranks when you get promoted through the levels.
Facebook usually pay their employees fairly. Even jobs at lower ranks have a higher earning that you can only compare to companies like Microsoft. Those at higher levels are entitled to higher compensations. Below are the average yearly salaries of Facebook software engineers:
| Level Name | Total ($) | Base ($) | Bonus ($) | Stock (/yr) ($) |
| E3 | 184, 000 | 117,000 | 25,000 | 41,000 |
| E4 | 243, 000 | 152,000 | 18, 000 | 72,000 |
| E5 | 365,000 | 190,000 | 32,000 | 142,000 |
| E6 | 577, 000 | 224,000 | 47,000 | 306,000 |
| E7 | 849, 000 | 265,000 | 82,000 | 502,000 |
| E8 | 1, 270,000 | 298,000 | 238,000 | 738,000 |
This table has shown that the levels of Facebook salary provide an adequate compensation package. You, however, need to note that these salaries are only applicable to Facebook. Bonuses are, however, assigned to engineers according to their contributions to the business, so the sizes vary.
Benefits of working at Facebook
Building products that will assist in empowering more than a billion people is what Facebook software engineers do. They work as a team in great collaborations with cross functions such as design, data analysis and science, research, content strategy, and many more. Facebook has previously stated that they have one engineer per million users. These can translate to 1000 engineers as the company has roughly 1 billion users.
They can afford this as they are one of the companies that generate billions of profits and revenues. For those working at Facebook, it has been known to have great benefits. These giant technology company does not offer salaries bonuses and stock only.
You will be entitled to numerous benefits when working as a Facebook software engineer. Working as a Facebook software engineer will see you have access to an on-site spa and barbershop. You will also have access to the doctor, dentist, and optometrist at the company’s premises.
The main campus of Facebook also comes with a rooftop nature park to work in. there are plenty of insurance benefits that you will enjoy.
Facebook software engineer stock options
Every Facebook engineer is given Restricted Stock Units regardless of their entry levels. The method involves acquiring the shares of the company in exchange for their work. A lot of big companies such as Google and Microsoft give their employees RSUs.
They are the best option for ensuring that the employees have invested in the business’s long-term success. An employee will earn more if the company becomes more valuable. RSUs are subjected to a four-year vesting schedule in Facebook. It basically means that until you have been at the company for a year, your eligible stock will not be accessible. You will need to be patient until when your stock vest so that you can sell it.
Skills of becoming a software engineer
You need to have a formal education with a minimum entry-level education that is a bachelor’s degree in computer software.
The second thing is you need to have coding skills. You need to know how to program and be proficient in all the programming languages.
You need to be proficient in testing skills. You need to be able to deploy untested or broken codes. You need to be able to test and debug your codes.
You must be good at communicating to enable easy communication with other staff.
We have so many skills that, as a software engineer, you need to apply.
Conclusion
Facebook has envisioned a world that people can easily stay connected with their colleagues, friends, or families. When working at Facebook as a software engineer, you will enjoy benefits such as working towards a meaningful goal. Facebook software engineer salary is also very impressive. Entry-level employees earn up to $184,000 a year, which is quite significant. This is not enough as you will still enjoy other benefits like the 401k, free access to snacks and meals, and many more. If you are looking for a big company to work for, Facebook is the best option