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Ask HN: Those making over $300k/year, how did you achieve it?

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Re: Ask HN: Those making over $300k/year, how did you achieve it?

#291

Earlier quoted context omitted.

Can you talk more about your experience, or what sort of projects you worked on in previous roles to become a "lead automation engineer"?

Anything in particular? I touched on this a bit in the description. In short, I would say it has felt like a straight forward progression after performing well yet being aggressive with pay negotiations. The latter becomes easier when you realize it’s not money out of your managers pocket, just a spigot guarded by HR.

> The latter becomes easier when you realize it’s not money out of your managers pocket, just a spigot guarded by HR.

Hah, I like this characterization. I've often walked away from lowball offers only to be contacted by hiring managers with much better offers. I can't say I agree with a company's policy of trying to bring in engineers at the lowest rate possible. I'm still somewhat Mid-Level though, when I do get to play a more important part in hiring decisions, I will most certainly try to change these shitty policies.

At first I kinda felt that I deserved the higher comp. because of how firm I would be in asking for what I wanted, but lately I've come to realize that most engineers don't really want to negotiate hard but they do need a good compensation to be happy (lets not fool ourselves here).

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#292
post #266

Earlier quoted context omitted.

Thank you. Any tips on how to get in these markets? Also, do these trading firms also design their own custom equipment?

Yeah. The trick is getting your foot in the door. Equal amounts of expertise and luck are helpful. Most jobs you'll find online or through a recruiter aren't going to be the $300k+ jobs. I found a job opening at an investment bank on monster.com (of all places) after having worked for tech companies for 15 years. I started at $150k. However once I was in finance, I was able to make connections and acquire skills that…

Thank you for your tips. I see myself in the same situation you were a few years ago: After several years of experience, I'm a bit of tired of doing great stuff for so-so pay, also, I'm looking for a relocation.

I'll certainly put finance as an alternative, now.

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#293

Pretty normal in coastal areas. I recently interviewed at FAANG and these are the offers I received. I have 6 years of experience as a standard software engineer, I consider myself a solid contributor but nothing special: - Facebook (SV): ~380k (60% salary, 40% stocks) - Google (SV): ~310k (60% salary, 40% stocks) - Netflix (SV): ~410k (100% salary) - Hedge fund (NYC): ~450k (40% salary, 60% bonus) Everything is per…

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Re: Ask HN: Those making over $300k/year, how did you achieve it?

#294

Pretty normal in coastal areas. I recently interviewed at FAANG and these are the offers I received. I have 6 years of experience as a standard software engineer, I consider myself a solid contributor but nothing special: - Facebook (SV): ~380k (60% salary, 40% stocks) - Google (SV): ~310k (60% salary, 40% stocks) - Netflix (SV): ~410k (100% salary) - Hedge fund (NYC): ~450k (40% salary, 60% bonus) Everything is per…

May I ask what technologies have you worked on ?

What skills were required at the NYC Hedge Fund?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#295

Earlier quoted context omitted.

It’s definitely not standard. Esp at say amazon.

Ignoring stock appreciation Sr. SDEs at Amazon have a total comp target of ~$250k-$350k. Same for L6 SDMs. It’s definitely “standard” for some levels/job families.

May I ask what's SDM?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#296
post #12

Earlier quoted context omitted.

It’s definitely not standard. Esp at say amazon.

It depends on position. Total compensations for AI positions in top tier technology firms are well beyond $1M mark, some go as high as $3M annually.

I think a PhD is compulsory at that level

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#297

Currently earning $300k base with 100k in RSUs annually at Oracle as an engineer, though my title is different (director title). All they've asked from me so far is engineering IC work. I had to negotiate hard for it, and my expertise spans multiple currently hot tech domains. Also a former founder of my own startup. I'll also say that despite the common hater mentality against Oracle, it's been a nice place to work…

May I ask what's IC?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#298

Earlier quoted context omitted.

Are you including contractors? My understanding is that tech contracting in London is where the money is at. You can make £400 a day or ~£84,000 a year. This is with a lower all-in tax rate so your take-home pay is higher if you take it as a dividend. I used to be a software engineer but changed to finance (asset management) to get paid more. I went from £23k a year to £50k.

You can easily make £400+ a day with tech contracting in London, yep. I've been doing it for years and I'm defiantly middle of the road. If you're a niche expert (MUMPS, KDB, etc.), you can probably make double that.

May I ask what's MUMPS , KDB?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#299

* What do you do? Software engineer working on the machine learning side of the company. I help research scientists build working large-scale systems that can actually be used in production. Working on production, user-facing applications makes it easy to justify why your salary should be high: if I can show a 20% improvement in performance, I can save the company $X00,000/year in costs. It's also important to work i…

May I ask from which school did you finish your MS?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#300

Currently earning $300k base with 100k in RSUs annually at Oracle as an engineer, though my title is different (director title). All they've asked from me so far is engineering IC work. I had to negotiate hard for it, and my expertise spans multiple currently hot tech domains. Also a former founder of my own startup. I'll also say that despite the common hater mentality against Oracle, it's been a nice place to work…

May I ask what's IC?

I think it means Individual Contributor work, so he's coding stuff not managing people
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