Not everyone makes FAANG level salaries. There is a very steep gradient of salary levels in tech. At the top is FAANG, right below them are unicorns, and a few more tiers down you get to the bottom feeders, underfunded startups offering worthless equity and hopes and dreams instead of salary.
FAANG salaries are product of the hiring competition between each other and their self-imposed selectivity. Lowering the interview bar would likely open up the hiring pool enough where they could also get away with lower offers.
FAANG salaries are product of the hiring competition between each other and their self-imposed selectivity. Lowering the interview bar would likely open up the hiring pool enough where they could also get away with lower offers.