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Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
http://h1bdata.info/index.php?em=GOOGLE&job=SOFTWARE+ENGINEE...
I would think the median salary there is below the actual median base salary, as americans and those on green cards would on average be getting better salaries.
This figure excludes bonuses and stock compensation also.
At least with the 'big' valley companies, as a "senior engineer" (level 5) the usual numbers are around $170k base + a bonus that is 10%-20% of your base salary. That's about $200k cash without RSUs. So I'd say people are not lying. I guess if you switched 7 times in 10 years, it's hard to get RSU refreshers / salary bumps and companies tend to, if in doubt, hire BELOW your actual level.
Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
Just curious, do you work at Google, and have access to salary information? Otherwise, do you have a source for this figure?
I won't be surprised to see similar or even higher numbers at FB / Linkedin / Netflix.
source: been a googler for >8 years
P.S. Whatever someone who has only ever worked at Google has to say about salaries in the industry at large is guaranteed to be wrong. Those comments aren't worth the power cost of transmitting and displaying them.
In the UK it is normal to quote salaries gross, pre-tax, but you're going to pay 40% on anything over £43k - and that's about right for a mid-level dev in London - and 45% on anything over £150k which is mid-size CTO territory. However, advertised rates are always pre-tax.
As to how to get a better idea of rates, genuinely, self-reporting is BS. Looking at advertised rates is the best way to get a sense of trends. http://www.itjobswatch.co.uk is used by everybody I know. Note that salaries in the North/Scotland are much lower than in London. A mid-level dev salary in London is potentially high-end startup CTO/Head of Engineering in Manchester or Leeds.
Not discussing/disclosing salaries is common in the UK, and when people do, they often low-ball it, IME.
I have always considered people's reports of earning $200k as being a little… optimistic.
No they are not lying. A senior software engineer at Google easily makes >200K in cash compensation (salary + bonus), not counting RSU. And around half the Google engineering workforce is at that level or higher. I won't be surprised to see similar or even higher numbers at FB / Linkedin / Netflix. source: been a googler for >8 years
Why is "base salary" a metric that you are even paying attention to as opposed to "liquid annual compensation"? The second one is the one that puts money in your pocket. I assume that anyone talking about "base salary" is actually trying to sloppily distinguish between liquid compensation and illiquid compensation and interpret accordingly. Average Google engineers aren't getting $200-300k in "base salary", but they…