Facebook, Apple, Amazon, Netflix, Google are the five leading technology companies that make up the popular acronym FAANG.
The FAANG companies have effectively dominated the consumer technology and entertainment experience.
All five companies have offices in Singapore and are expanding rapidly. For one, Amazon is hiring over 200 positions in Singapore, according to its careers page.
On the flip side, Facebook is slated to open an 11-story data center worth S $ 1.4 billion in Singapore and the first in Asia in 2022.
Because of their popularity and rapid growth, they usually generate a lot of buzz when they post vacancies.
Job seekers are also inevitably drawn to the benefits of working in these companies (think free flowing beer and sleeping pods on Google).
But what's the best option for someone looking for a career in engineering here?
With that, we take a look at the growth and appeal of each of these big names in Silicon Valley.
Facebook's Singapore Office / Image Credit: Mashable
Facebook was founded in 2004 and is also the parent company of Instagram, Whatsapp and Messenger.
As of 2020, Facebook has 2.6 billion monthly active users and 1.73 billion users who visit at least one of its core products every day.
When it comes to social media, Facebook is the undefeated champion. Based on stats from the tech giant in 2018, it hit 60.6 percent of social media users.
The presence in Singapore is also strong. The city currently has 4.82 million users and it is projected to have 5.1 million by 2025.
In the fourth quarter of 2019, Facebook grossed $ 21 million (S $ 28.5 million), with the Asia-Pacific region (APAC) accounting for 17.3 percent of the total.
Rapid growth in APAC
Image Credit: Lifewire
Facebook's revenue in APAC appears to be growing steadily, and plans to continue growing in the Singapore-based region.
In 2018, it moved to its four-story office in Marina One, which is where the 1,000-strong team resides.
It has also actively supported startups in Singapore, working with the Infocomm Media Development Authority to launch a data innovation startup program called Startup Station Singapore.
Singapore is the key to our continued growth in the region. We are honored to work with and support some incredible partners in the public and private sectors to advance Singapore's economic, innovative and community goals.
– Dan Neary, Facebook's vice president for Asia Pacific, in a presentation
There are 52 open positions in Singapore – from interns to managers – according to Facebook's careers page.
Employee benefits and compensation
Facebook has a 4.4-star rating on Glassdoor – 89 percent of respondents would recommend the job to a friend, while 93 percent agree with CEO Mark Zuckerberg.
According to several reviews, Facebook offers many opportunities for growth and self-development.
In addition, employees are encouraged to maintain a good work-life balance.
Employees receive a meal allowance, health benefits such as gym membership, free beer and wine, and an IT machine that distributes equipment for employees to use.
According to Glassdoor, mid-level technologists are paid around S $ 108,000 per year.
Midsize customer solution managers receive approximately S $ 120,000 per year, while data engineers take home approximately S $ 125,000 per year.
Photo credit: WBNG.com
Amazon started as an online bookstore in 1994 and has grown by leaps and bounds to become the world's largest e-commerce company.
It now offers a seemingly endless range of products, from software, electronics, groceries to custom movies and TV shows.
With its cloud computing service, Amazon Web Services is the world's largest provider of cloud computing solutions.
While many companies faced increasing losses due to the Covid-19 pandemic, Amazon saw a huge increase in sales.
Amazon is one of the largest companies in the world by market value, with a market capitalization as of July 9, 2020 of nearly $ 1.6 trillion (S $ 2.17 trillion).
Sales in the online shop rose in the second quarter of 2020 by 48 percent to 45.9 billion US dollars (62.22 billion S dollars).
Slower growth in Singapore
Photo credit: Business Insider
Amazon only entered the Singapore market in 2017 and is facing stiff competition from other ecommerce websites like Shopee, Lazada and Qoo10.
With Singapore as its base, however, the company is steadily expanding its presence in the region.
In September it was reported that the tech giant would take over three floors of Citigroup's offices in the central business district.
According to its careers page, the company is hiring nearly 200 positions in Singapore, with positions ranging from entry-level to executive positions.
Mixed reviews of work culture
Photo credit: Glassdoor
Amazon Singapore has a 4.3-star rating for Glassdoor. 92 percent agree with billionaire founder Jeff Bezos and 87 percent say they would recommend the company to a friend.
The reviews provided feedback on a number of issues including career opportunities, compensation, senior management, and culture and values.
However, Amazon recently came into the spotlight for unethical business practices and a tough work culture.
That year, workers launched a virtual rally to hold a protest, and Amazon employees were reportedly fired for speaking out against the company.
A 2015 New York Times article also described work culture as being overly harsh and even "abusive."
Employee benefits and compensation
Amazon offers insurance coverage, moving services, retirement planning, and other general benefits. There are also bonuses and stock options.
When it comes to compensation, AWS Business Development Managers (BDMs) are among the better-paid employees, and median annual salaries are around S $ 200,000, according to Glassdoor.
Marketing managers, on the other hand, take home an average of S $ 120,000 a year, while mid-career solution architects can earn a base salary of potentially S $ 177,000.
Image Credit: Dezeen
Apple started in the kit computer business with the Apple I in 1976 and has been on an upward trend ever since.
Today almost everyone knows the Apple brand, and Apple has very successfully penetrated the Singapore market.
In 2018, Apple became the first company to register a market cap of $ 1 trillion, then topped the $ 1.3 trillion mark in December 2019.
From smartphones to smartwatches to Airpods, Apple has managed to successfully integrate many users into its extensive ecosystem.
Largest mobile operator in Singapore
A queue outside the Apple Store / Image Credit: 9to5mac
More than 90 percent of Singapore's population are smartphone users, and the city's mobile penetration rate is 159.1 percent.
At the beginning of 2020, Apple was the market leader among mobile operators in Singapore with a market share of around 33.6 percent.
Apple has also set its sights on Singapore as the main destination for the release of its new products and opened a third store here.
The tech giant has also teamed up with the Health Promotion Board (HPB) in Singapore to jointly develop a new free app exclusively for Apple Watches.
Compared to Facebook and Amazon, Apple doesn't seem to be as aggressive here, as there are around 20 roles available for Singaporeans.
Work culture and remuneration
Amazon Singapore has a 4.0 star rating on Glassdoor. 96 percent agree with CEO Tim Cook and 90 percent say they would recommend the company to a friend.
The feedback on work in the company usually shows a challenging, yet rewarding work experience.
Apple enthusiasts have even more reason to join the tech giant as employees can get up to 25 percent off Apple products in both Apple stores and offices.
In compensation, an intern receives around S $ 1,000 per month, while specialists take home around S $ 39,000 per year, according to Glassdoor data.
Managers receive approximately S $ 114,000 to S $ 120,000 per year.
Photo credit: Netflix
Netflix is a subscription-based streaming service that allows members to watch TV shows and movies without ads on an internet-connected device.
It has a huge repository of content, from films to documentaries, some of which are produced in-house.
The company founded Netflix Asia in Singapore in 2016.
Photo credit: Click Orlando
Netflix is also one of the companies that thrived during the pandemic. With lockdowns around the world, people have had to look for alternative sources of entertainment, with Netflix being a major player on the scene.
Since the lockdown, Netflix has nearly 16 million more subscribers than before, and stock prices have soared.
On April 16, 2020, Netflix was worth $ 194 billion (S $ 262.9 billion) – an all-time high – and outperformed Disney.
Like Apple, Netflix is also hiring less aggressively with around 14 vacancies.
Work culture and remuneration
Netflix Singapore has a 4.4-star rating for Glassdoor, with 92 percent agreeing with its CEO and 95 percent saying they would recommend the company to a friend.
According to Glassdoor, most of the professionals working for the company have a great deal of freedom and a great culture and management team.
On the other hand, some disadvantages were the lack of labor and the poor work-life balance.
A mid-level recruiting coordinator receives around S $ 76,000 in compensation, while audiovisual producers take home around S $ 200,000 per year, according to Glassdoor data.
Managers receive approximately S $ 200,000 to S $ 219,000 annually.
However, it has to be taken into account that the data was derived from the inputs of a person in each job function and no average could be determined.
Photo credit: HCA Mag
It can be argued that almost everyone has to use Google's services every day.
Google started out in 1995 as a pure search engine. Since then, the product lines have evolved dramatically, ranging from productivity tools to software and hardware.
In January of this year, Google's parent company Alphabet had a market value of around $ 8 billion (S $ 10.84 billion) and joined the trillion club.
Support the local community
Photo credit: Google Careers
In July this year, Google announced a new job and skills training initiative for 3,000 young professionals in Singapore.
The initiative is called Skills Ignition SG and prepares participants for jobs related to digital marketing and cloud technology.
One of the programs focuses on providing on-the-job training for up to 600 applicants.
"We remain focused on empowering Singaporeans today for tomorrow as we provide them with great training opportunities and vital industry experience," said Ben King, country director of Google Singapore.
Google also said it returned its Jobs Support Scheme wage subsidies as additional support to the local community and committed to refusing future government payouts.
A quick search of the Google Careers page reveals 67 jobs are being hired in Singapore, with the majority of jobs in sales and engineering and technology.
Work culture and remuneration
Google Singapore has a 4.4-star rating for Glassdoor, with 96 percent agreeing with its CEO and 92 percent saying they would recommend the company to a friend.
Around the world, Google offices are known for their employee perks and benefits and have been ranked one of the top companies to work for year after year.
This is hardly surprising given the perks like stock options, massage rooms, naps, laundry and hairdressing, and mechanics for your on-site car.
Daniel Wasik, Head of Talent And Outreach at Google APAC, confirms that Google takes the well-being of its employees seriously.
Counseling services are available 24/7 during the Covid-19 pandemic, and Blue Dot, a staff-led mental health awareness group, is also available on Google Meet.
Google is also reportedly known for paying its employees well.
A product specialist earns around S $ 116,000 per year, while managers take home between S $ 133,000 and S $ 173,000 per year, according to Glassdoor data.
Which of the FAANG companies is the best to work for?
Since each of the Big 5 companies has something to offer, getting a job is also a difficult and competitive process.
Furthermore, no job is easy and one should be ready to face challenges regardless of which of the five companies you work for.
Additionally, these companies are on an upward trend for growth which could result in working harder and longer.
While employee benefits can also be tempting, it's important to consider other factors too, such as: B. Whether your personal values match those of the company.
Personally, I value an open work culture and the ability to make a difference in everything I do.
Google's core mission of "making information universally available to the world" is also something I very much agree with. That's why, for me, Google is a company that I want to join.
Selected image source: Glassdoor / Venture Beat / Forbes