“Engineering Managers must have the ability to build teams and bring diverse groups of people together to work on ideas that move us towards realizing our company mission.” — Surupa B, Engineering Manager at Facebook
Being one of the biggest tech companies in the world, Facebook is a highly coveted company for software engineers. It consistently features among the best companies to work for in the US. Working at Facebook means working on cutting-edge technology — this attracts the best engineers from all levels. Needless to say, the competition is stiff, and the compensation is equally rewarding.
If you are preparing for a tech interview at Facebook, check out our interview questions page and salary negotiation e-book to get interview-ready! Also, read Facebook Interview Guide and How to Get Your Dream Job at a FAANG Company for specific insights and guidance on Facebook tech interviews.
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Compensation is a huge factor when choosing a company to work for. Tech giants like Facebook offer many benefits along with the salary. In this article, we’ll cover how much an Engineering Manager at Facebook earns, along with some crucial details about the roe.
Here’s what we’ll discuss in this article:
Let’s understand the various levels of engineering manager roles at Facebook, along with the average salaries.
Software Engineering Manager — M1: This role involves managing engineers who are usually E5 or below. M1 Managers should be able to run their team as if it’s a small startup. The average annual total compensation for M1 Engineering Manager at Facebook is $526K, ranging from $300K to $800K per year.
Software Engineering Manager — M2: Manages M1 and engineers below E7. Average annual total compensation for M2 Engineering Manager is $814K.
Software Engineering Manager — D1: Responsible for developing the business to evolve constantly. Average annual total compensation for D1 Engineering Manager is $1698K.
Here’s a summary of the three levels and their respective salaries:
Facebook issues Restricted Stock Units (RSUs) to every Software Engineer irrespective of the job level. This type of compensation consists of receiving company shares in exchange for your work. Most big tech companies issue RSUs to their employees. It’s a good way to get the employees invested in the long-term success of the company.
At Facebook, RSUs are subject to a four-year vesting schedule, which means 25% of your stocks vest every year for four years. Until you’ve been in the company for at least a year, the stock will not be accessible. You need to wait until your stocks vest to sell them.
Following is a list of the highest-paying locations for Facebook Engineering Managers at different levels (approximate median salaries).
Working at Facebook has many perks in addition to salaries, bonuses, and stocks. After all, money isn’t everything! Here are some fantastic benefits that come with being a Facebook employee:
We have also compiled the following tips to help you prepare for the Facebook Engineering Manager interview:
Here are a couple of articles to help you further in your prep:
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Q. Do all job levels at facebook have stock options?
A. Yes. Facebook offers Stock options to employees of all levels.
Q. Does Facebook provide 401K employee matching contributions?
A. Yes. Facebook matches 50% of your contributions, up to 7% of your salary (they will give up to 3.5% of your salary).
Q. Why does Facebook give stocks to employees?
A. Facebook believes in rewarding employees by helping them invest in the company. These benefits help employees stay motivated.