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Ask YC: What are starting salaries for CS grads this year?

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21–30 of 111 posts

Re: Ask YC: What are starting salaries for CS grads this year?

#21

On this note, I have a question that I (as a new grad) don't know anything about. What are raises like? How often do they happen? How much? What does it take?

Raises? It's called changing jobs.

I'm not sure what you're getting at -- should I change jobs when I feel like I'm due a better salary? Even if the job is awesome?

Re: Ask YC: What are starting salaries for CS grads this year?

#24
post #4

$85k +/- 5k seems to be the average here out on the West Coast. I'm curious as to what the difference is for people with masters degrees or doctorates, though.

Here in the UK the starting salary for coders outside London is around $45k (+$5k for a masters).

However that is for a 37 hour working week. Most people can add 50% over basic in overtime (for 40% extra hours, due to premium rates).

Northern Mexico is about $30k which, compared to basic cost of living, equates to about $120k in California :)

Re: Ask YC: What are starting salaries for CS grads this year?

#25
In Oklahoma it seems to be more like $40K. :( When I went to make some job applications, I realized none of my professors gave any of the new CS graduates any advice on what salary to ask for. It's a moot point because I'm not convinced there are any CS jobs out here. I'm graduating top in my class, have 3 years experience working at a (folded) software development startup, and I've even done a NASA intership - and even with a resume like that I haven't even so much as gotten an interview yet: the job market out here is just so low-tech...

Re: Ask YC: What are starting salaries for CS grads this year?

#26
post #9

Earlier quoted context omitted.

I haven't seen anyone even suggest less than $100k for a newly minted doctorate in CS from a good university, and I've seen numbers in the $120k - $140k range thrown around. It sounds like East Coast hedge funds are even more generous.

I have. HR knows that CS PhDs will work for peanuts because they've had their financial self-esteem slowly beaten out of them over the past five years. East Coast hedge funds mostly hire physics and applied math PhDs. Masters +10 PhD -30 but YMMV.

I think it depends on the job. If it doesn't take advantage of your research abilities, then a freshly-minted PhD (without other work experience) probably won't be paid too much more than a M. Sc. (less than an undergrad is plainly nonsense, though). But if you're taking a job at a place like MSR or IBM Research, not only is a PhD essentially a job requirement, but the starting salary is typically around $130k.

Re: Ask YC: What are starting salaries for CS grads this year?

#27

On this note, I have a question that I (as a new grad) don't know anything about. What are raises like? How often do they happen? How much? What does it take?

As a new PhD grad, I got a raise after 6 months, and another (larger one) 6 months after that. Just ask for a performance review.

Re: Ask YC: What are starting salaries for CS grads this year?

#29

Earlier quoted context omitted.

Raises? It's called changing jobs.

I'm not sure what you're getting at -- should I change jobs when I feel like I'm due a better salary? Even if the job is awesome?

yes. raises tend tp ne 2-3%, You can get 10-15% or more for changing jobs

Re: Ask YC: What are starting salaries for CS grads this year?

#30
post #4

$85k +/- 5k seems to be the average here out on the West Coast. I'm curious as to what the difference is for people with masters degrees or doctorates, though.

Here in the UK the starting salary for coders outside London is around $45k (+$5k for a masters). However that is for a 37 hour working week. Most people can add 50% over basic in overtime (for 40% extra hours, due to premium rates). Northern Mexico is about $30k which, compared to basic cost of living, equates to about $120k in California :)

In London, CS grads at banks get around $80k. IT consultants get $60k. You can't really survive on much less than that in London :)
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