I do know a lot of people making this or even much and they're not working at Google.
My base salary has been higher than my classmates who joined FAANG since graduating ugrad. I jumped between non FAANG companies, they have been quite loyal. However,they are now clearly in a better financial position than myself.
1. FAANG compensates for institutional knowledge; engineers are rewarded for sticking around. my classmates that started at 100k USD 5 years ago, are now making ~175 base. They have gotten a 10% raise each year.
2. Performance bonuses. Not as common, for those who have a perf bonus the target is 15% of salary.
3. FAANG will give aggressive stock packages to engineers (which has real value from the get-go, unlike startup stock options) My classmates receive an annual stock package of 65-100% their salary.
This effectively bumps their 2018 compensation to between 225-300k USD. They are 5-6 years out of undergrad.
(I work at Google, in Boston, but don't know details about how comp is figured)
I may be a little bit naive, but when my friend talked me about it I thought he was going to announce something like 200K or more, because these are the stories we always hear around here.
In the end he decided to not go because he already made the same amount of money and didn't want to move his family to Paris just for two hundred bucks a month. But I don't know anything about bonuses and 10% raises everywhere, or at least he did not tell me.
If your friend is earning around €100k in France and not even living in Paris, then they're in a VERY privileged position. I'd say that €110k in Paris, factoring in exchange rates, CoL & taxes, can be the equivalent to a $200k salary in SV. So it's hardly a downgrade.
In the case of the particular person I originally wrote this for he wasn't looking at FAANG, and my impression is that most large companies are not competitive with them. In your experience, is that part still accurate?
I know there are some aggregators like comp.fyi if you want to take a closer look at some self-reported data.