I believed the author of the blog was referring to tech roles specifically (not sales or similar).
I can say from personal experience that, at least in Australia, tech workers for mining companies that work in city offices are paid fairly similarly to other non-FAANG tech workers (e.g. banks etc). I also just checked levels.fyi for a few big mining companies and verified that this is the case.
Engineers (mining, geo, tech, whatever) that work out in the field do make quite a bit more. MAYBE around what FAANG would pay, but FAANG still pays more after a few years of refreshers and/if one manages to climb the ladder.
I think the author is quite off with their estimates of what people make in "heavy industries". At least as far as my experience goes for AU. FAANG/HFT still beats everything, and by a vast margin.
I can say from personal experience that, at least in Australia, tech workers for mining companies that work in city offices are paid fairly similarly to other non-FAANG tech workers (e.g. banks etc). I also just checked levels.fyi for a few big mining companies and verified that this is the case.
Engineers (mining, geo, tech, whatever) that work out in the field do make quite a bit more. MAYBE around what FAANG would pay, but FAANG still pays more after a few years of refreshers and/if one manages to climb the ladder.
I think the author is quite off with their estimates of what people make in "heavy industries". At least as far as my experience goes for AU. FAANG/HFT still beats everything, and by a vast margin.