I understand that it’s hard to compare non-salary compensation. But these figures give the impression that compensation for a Bay Area software engineer is shockingly lower than the reality. RSUs and bonuses at established companies will easily double your take home pay. Even the salary figures themselves look low and are probably heavily skewed by an overrepresentation of underpaying startups. My base salary ~4 year…
> RSUs and bonuses at established companies will easily double your take home pay. Is this really true for more than the top subset? For instance, are there really a significant number of engineers at Oracle or Cisco getting that much non-salary compensation?
Silicon Valley Software Engineer Salaries by Experience Level
251–260 of 455 posts
Re: Silicon Valley Software Engineer Salaries by Experience Level
#252Earlier quoted context omitted.
The reality of the situation is that it's not about what you do, but about how hard it is to find someone else to do what you do. If it's easy to find programmers who will work for below-market rates, but hard to find investors who will contribute millions of dollars, then you can expect programmers to have much less negotiating power.
Correction. It's easy to find inexperienced programmers.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#253Earlier quoted context omitted.
That's likely the reason for the skew. They are trying to retain engineers past the typical time on site.
The problem with that is that they become a talent pipeline for Facebook/Google/Apple/Netflix. I met tons of people who did 2 years at amazon and departed to Facebook for a fat offer that was worth far more than the remaining unvested amazon stock. Trying to nickle and dime people when they come in the door just leads to people departing early. Employee turnover is a massive cost.
At some point it is less about money and more about where you want to spend your time.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#254(Disclosure: I work at Triplebyte and built this salary tool from our offers dataset.) I was surprised to learn that the median senior engineer earns only $36K more than the median junior engineer (base salary only). The gap does get wider on the right tail of the distribution: The 90th-percentile senior makes $47K more than the 90th-percentile junior. One possible explanation is that our data is dominated by startup…
The startups are almost certainly skewing your ranges.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#255Earlier quoted context omitted.
Same, however my company is wanting me to relocate to the Bay Area. For a bit of background, I have been in Austin for about 7 years, and coding professionally for almost 3 at this company. This has been my first full time job out of college and I have really enjoyed working for them. The cost of living adjustment they're offering is not what I was hoping it would be. After you take out California state taxes, it is…
I'm 32 and recently married. I also have two large dogs. SF is completely out of the question for me. If I was younger and unmarried or had a working spouse I'd be more interested in trying it out purely for the experience of being out there (I'm told it's fun). Having said that. Aside from the financial decision I have so little interest in being inside the giant tech bubble that most of my peers out there seem to l…
The realist in me is saying it will be a no-go if they don't budge a bit. However we don't have kids and are still relatively young (27), so we are feeling that this might be a good opportunity to move and try something new. Also I skateboard and SF is one of the skate meccas of the US, not to mention all of the other awesome things California has to offer. I love Austin, but I am just feeling like I know every nook and cranny now a days.
Even though the adjusted income is slightly under average we wouldn't be scraping by, however we would definitely have to scale back our lifestyle a bit which we were expecting. Also my wife would definitely do some sort of work out there which will help. My biggest concern is maintaining our current savings rate, and if I can do that then I think we will pull the trigger. The decision will be hard none the less.
Thanks for the response.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#256I understand that it’s hard to compare non-salary compensation. But these figures give the impression that compensation for a Bay Area software engineer is shockingly lower than the reality. RSUs and bonuses at established companies will easily double your take home pay. Even the salary figures themselves look low and are probably heavily skewed by an overrepresentation of underpaying startups. My base salary ~4 year…
Re: Silicon Valley Software Engineer Salaries by Experience Level
#257Earlier quoted context omitted.
I meet a number of people at Apple in this category (i.e 20-30 years + experience). At a certain point salary tends to flatten out unless you go into management or do something incredibly specialized.
Why do these engineers not switch jobs? Wouldn't inflation actually reduce what they are earning if their salaries do flatten out?
Not to mention that apple pays well and has good benefits, so they are not sacrificing anything by staying, quite the opposite.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#258Earlier quoted context omitted.
Yeah, we do more than let people skip phone screens (although don't undervalue skipping phone screens and take-home projects at 8+ companies). Companies really do look for different things in interviews. Not all companies look for CS trivia. So in your case, if you went through our process, we'd suggest 20 or so companies that look for more practical / architecture skills (depending on your skillset). Because we do t…
It's not even about skill at CS. I have no problem in that regard. I just see it as a stupid, irrelevant hazing ritual.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#259Earlier quoted context omitted.
Contracting scales only with the hours you work, so you can’t earn more than a day rate x number of days you work. You have to leverage capital and/or people to go beyond that.
Yes there's a limit, but with contracting rates reaching 2500 GBP per day (a real life example) I'm fine with that limit.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#260Earlier quoted context omitted.
Yeah, we do more than let people skip phone screens (although don't undervalue skipping phone screens and take-home projects at 8+ companies). Companies really do look for different things in interviews. Not all companies look for CS trivia. So in your case, if you went through our process, we'd suggest 20 or so companies that look for more practical / architecture skills (depending on your skillset). Because we do t…
It's not even about skill at CS. I have no problem in that regard. I just see it as a stupid, irrelevant hazing ritual.