I find it kind of amusing that someone with 5-7 years is generally considered a senior software engineer in SV. Maybe we need a different designation for engineers with 10-20 years of experience? Something other than "the old man/lady".
Silicon Valley Software Engineer Salaries by Experience Level
281–290 of 455 posts
Re: Silicon Valley Software Engineer Salaries by Experience Level
#282I find it kind of amusing that someone with 5-7 years is generally considered a senior software engineer in SV. Maybe we need a different designation for engineers with 10-20 years of experience? Something other than "the old man/lady".
Re: Silicon Valley Software Engineer Salaries by Experience Level
#283Earlier quoted context omitted.
You're a king? So you live in a mansion? I live in the midwest, wife doesn't work, 10 years experience - we live in a 4k sqft house in the best school district in the state about 25 minutes from the city. How much does that cost in SV?
How much is it going to cost you when XX years from now you have half the savings of a SV engineer plus your house?
Re: Silicon Valley Software Engineer Salaries by Experience Level
#284Earlier quoted context omitted.
That's the point. Being "just" an employee is not a fair deal anymore.
Why not? No one's stopping you from starting your own venture. What makes you entitled to a larger piece of the pie if you aren't putting in the extra work or shouldering the extra risk of a founder?
Re: Silicon Valley Software Engineer Salaries by Experience Level
#285My god this is just another universe to me. I've got 19 years on the clock doing stuff, right now extending the jenkins model to make a usable 2.0 pipeline, for a fortune 50 hiding on the new hampshire seacoast, senior-straddling-principal level and just barely squeaking out a 6 figure salary. I know it all comes out in the wash, but it just blows my mind how different money is across the country. or, i am a country…
COL multipliers for San Francisco are about 1.8x...
Re: Silicon Valley Software Engineer Salaries by Experience Level
#286Earlier quoted context omitted.
That's the point. Being "just" an employee is not a fair deal anymore.
Why not? No one's stopping you from starting your own venture. What makes you entitled to a larger piece of the pie if you aren't putting in the extra work or shouldering the extra risk of a founder?
founders give up ((potential salary + RSU at a megacorp - salary at the startup) multiplied by number of years at the startup) while employees give up ((potential salary + RSU at a megacorp - salary at the startup) multiplied by number of years at the startup). Did you notice any significant difference? I mean there may be difference between megacoprs and numbers of years at the startup, yet does it warrant like 100x and larger (like div by 0) difference in the outcomes?
Re: Silicon Valley Software Engineer Salaries by Experience Level
#287Those figures do not justify giving up a job in a cheap cost of living area. These numbers are about 60% more than corporate salaries where I live, but the cost of living in SV is roughly 3-10x greater.
Working for one of the big public tech companies pays way more than these numbers indicate. For a senior engineer RSUs should be anywhere from 50-150% of base. Base should be at least $180k if not more. Total gross for the year is in the $300-400k range.
If you live a similar lifestyle in SF as you did elsewhere you should be able to build wealth relatively easily. Assuming the economy doesn't completely crash I intend to buy a house here in the next 5 years; whether I pay all $1.5m in cash or have a mortgage depends on how the stock market does.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#288Earlier quoted context omitted.
The key is to work remotely for a SV company but live in a cheap small town (this is a humblebrag). Higher salary, no Valley real estate madness, no freeway nightmares, placid country bumpkin existence preserved. I do have to bite the bullet and travel down to that blighted land a few times a year though.
Yes, but then you have to deal with the SV company. No amount of money is worth dealing with most of those companies.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#289Earlier 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.
Exactly. In my experience it's hard enough to find investors, try insisting that they have the same liquidation preference as the employees. Good luck with that.
Re: Silicon Valley Software Engineer Salaries by Experience Level
#290(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…
Another possible explanation is that business just don't see much difference between junior work performance and senior work performance. I have 15 years of experience (both huge companies and own startups), but I keep wondering what if it's really the case: that there's simply no difference for company success? When I hire people myself, I only see value up until mid-seniority. From there what matters is just discip…
But lots and lots of senior engineers aren’t high performing. They’re still moderately more valuable than junior engineers, but not immensely so.
People calling themselves “senior engineer” are usually referring to years of experience, not to whether their management chain consisently sees them as high performing.