So which letter in FAANG stands for Uber? From what I understand FAANG manages to give a lot of compensation through RSU because their stock is ridiculously expensive. Is the same true for Uber? Any links to support your point? Also, from what I understand, the ongoing layoffs are to cut costs, why would they offer additional compensation to the new hires?
I am sure that if you filter for salaries >200K then, indeed, all the results will be >200K. However, they have positions like this one https://www.h1bdata.info/index.php?em=UBER+TECHNOLOGIES+INC&...
which does not look anywhere close to 200K and is an engineer in SF. Is not 125K what a fresh grad is getting there? Or a whole bunch of 109K SW engineers (https://www.h1bdata.info/index.php?em=UBER+TECHNOLOGIES+INC&... ) in Palo Alto, is not it in the so-called Silicon Valley where it's below an entry-level SW engineer job salary? If they are looking for fresh grads then why do they need an H1B for that?
Do look at the data, do not try to re-interpret it to match your imaginary reality.
Why by 2, why not by 10? What is the basis of your claim? You make an evidence-free claim against a solid number. Here is another, less solid number which does not look good for your claim's validity:
glassdoor's average base salary for an Uber's software engineer in San Jose area is $148750 and average additional pay (bonuses, RSUs etc) is 12011. From the same data, the minimum base is 118K. Now, I don't think it's very reliable, but I would think it's extremely improbable that it both inflated the base salary and greatly underestimated additional pay (by the factor of 10 vs your claim). From this I can safely conclude that 109K Uber's H1Bs in Palo Alto make much less than the average there, even without knowing how much they get in additional pay (if anything at all).
Are you suggesting a $125k base salary (which is most likely for a fresh grad), with addition of bonus, and equal RSUs, which is very likely a TC of $180k, cheap labor ?
I am sure that if you filter for salaries >200K then, indeed, all the results will be >200K. However, they have positions like this one https://www.h1bdata.info/index.php?em=UBER+TECHNOLOGIES+INC&... which does not look anywhere close to 200K and is an engineer in SF. Is not 125K what a fresh grad is getting there? Or a whole bunch of 109K SW engineers (https://www.h1bdata.info/index.php?em=UBER+TECHNOLOGIES+INC&... ) in Palo Alto, is not it in the so-called Silicon Valley where it's below an entry-level SW engineer job salary? If they are looking for fresh grads then why do they need an H1B for that?
Do look at the data, do not try to re-interpret it to match your imaginary reality.