Facebook, Amazon, Apple, Netflix, and Google, the tech giants collectively known as FAANG, are some of the largest and most powerful companies in the world. FAANG can offer six-figure salaries and extensive benefits that include everything from free meals and car washes to ball pits and swimming pools, so it's no wonder they are an enticing opportunity for many engineers. However, despite those benefits, retention rates for the big tech giants are still less than two years according to a study by Paysa. Big-company benefits and higher pay might be attractive to some candidates, but the allure of an exciting start-up or growing company can be an even stronger draw.
This is a companion discussion topic for the original entry at https://triplebyte.com/blog/companies/outcompete-faang-hiring-engineers