After my last post, I’ve had multiple conversations that got into the weeds of how these moves work at larger tech companies. I quickly realized I needed to address a particular gap – that of pay bands – when I saw this comment about the Instagram consolidation of PM and TPM:
“To be fair, if a TPM at Meta moves into a PM role, they’d be getting significantly more in compensation.”
This comment hit close to home, as I worked at Meta for ~3 years and experienced this truth first hand. But I’ll get into my personal experience shortly – first, allow me to explain some context.
Most tech companies work such that every role has their own pay bands. This means that no matter how similar roles are, people in two different roles at the same level may be paid different amounts on average. While this maximizes flexibility to pay what the market demands for each role, it also comes with a host of problems.