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My Salary Progression in Tech

georgestocker.com

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Re: My Salary Progression in Tech

#361
post #173

Just for the sake of variety, I started off as a promising young software developer but let idealism and thirst for adventure get in the way :) Besides loving to code, having skills in high demand has allowed me to travel and explore the world for the past 20 years. 1997-1998 - $32k - Programmer for State government 1998-1999 - $86k - Consultant, Phoenix & NYC 2000-2004 - $32k - Software developer for NGO, Amsterdam…

this is the life I want. do you have a more detailed write-up on your life anywhere?

Re: My Salary Progression in Tech

#362
post #337

Earlier quoted context omitted.

I don't get this thinking. I think everyone is making the comparison to Silicon Valley, which is ridiculously expensive because their are too many people making too much money that all want to be in the same place. In most of the USA, not only do you make more than you would in France, but things are actually cheaper, not more expensive. Imagine you make $150,000/year, a really nice house cost $300,000 (think $2,000…

I haven't heard of anyone in Europe reporting their salary after-tax.

Monthly salary is usually discussed after-tax (since you usually compare it with monthly expenses like rent/mortgage, utilities, etc), annual before.

Re: My Salary Progression in Tech

#364

> It's always been my intention to retire early, > I'm interested in making huge money and retiring early, > I don't begrudge people with their crazy salaries but I do get frustrated that I can't find success myself. I am shocked and surprised at the same time (knowing that I only selected quotes of a few commentators). Shocked to see the same mindset as many managing consultants and investment bankers I have met and…

For me it's about security and freedom, not "keeping up with the Joneses". I earn a good salary for the UK, even if it might look small compared to the US salaries. But I've been very careful not to inflate my lifestyle too much. I don't have an expensive car. I don't go on expensive holidays. I save approximately 40% of my take home pay. I feel I need to do this because I won't necessarily be employable long past 50 and I don't feel like I can buy a house or cohabitate with a spouse.

Re: My Salary Progression in Tech

#365
post #173

Just for the sake of variety, I started off as a promising young software developer but let idealism and thirst for adventure get in the way :) Besides loving to code, having skills in high demand has allowed me to travel and explore the world for the past 20 years. 1997-1998 - $32k - Programmer for State government 1998-1999 - $86k - Consultant, Phoenix & NYC 2000-2004 - $32k - Software developer for NGO, Amsterdam…

Sounds like a lot of fun stories. Do you have any regrets?

theres a cost for everything we do in life. we all have same rate of passing us by time just the choice how to spend energy in that time.

Re: My Salary Progression in Tech

#366

Earlier quoted context omitted.

Without knowing your skills, there's a good chance you've just been working for the wrong companies. There are lots of companies in Canada that pay absolute garbage to software engineers. And if you don't have the skills that higher-paying companies look for (mainly coding+algorithms+data structures in interviews), you can get that without going to college. Also look into working remotely for US companies.

The company I worked for was a software shop. Most people there were developers. I don't really have algorithms and data structure skills. I almost never have to do these things in real life. I have done mostly front-end stuff (web and mobile). Should I go all-in on LeetCode? Will that guarantee a good paying job? It seems like 4 more years without income to get a bachelor's degree would be worth it considering the c…

You have enough work experience to be admitted into the Oxford M.Sc. in Software Engineering. If you want to get a degree consider doing that instead of spending four years getting a Bachelor’s.

https://www.ox.ac.uk/admissions/graduate/courses/msc-softwar...

Re: My Salary Progression in Tech

#367
My salary progression in Paris:

- 2009: 35K - software engineer

- 2010: 37K - software engineer

- 2011: 39K - software engineer

- 2012: 41K - software engineer

- 2013: 47K - software engineer

- 2014: 50K - software engineer

- 2015: 55K - software engineer

- 2016/2017: 35K - unemployment system salary, while I was an entrepreneur

- 2018: 65K - senior software engineer

- 2019: ? (I'm now a manager)

-----

Some thoughts:

- my salary is very low compared to some mentioned in this thread, and yet I don't have the impression to be underpaid, in comparison to other engineers in Paris, and of course, in comparison to other French people. I'm the best paid among my Parisian friends (and probably among all those who where within my school class in high school, when I lived in a small French city, where 2000€/month is already great) Of course, I could do a lot more but before this year I wasn't a manager. To earn more as a software engineer without leadership responsibilities, you have to be part of the bests. Not my case I think.

- I feel it's very hard to exceed 90/100K. I know a few VP at 120K/130K but it's an elite. It's even hard for them to find a job position.

- retrospectively, the tech job market in Paris was very depressing before 2011. No start-ups (so no equity), very few tech companies, low salaries. I've been hired at a low 35K, as almost all the fellows from my engineering school. Today, an engineer in Paris started at 40 and is at 50 in two years.

- sometimes, I regret that all my "VIE" contracts (a program that allows french people to go work in French companies abroad) collapsed in the month of January 2009, just after the beginning of the financial crisis... But it would have been to work for the Societe Generale in New-York or for Safran in Houston, not for Google or Facebook. And I wouldn't have met my wife, so really no regrets.

- I also admit that in my first years in Paris, I was almost more in bars and movie theaters than in an office. Maybe it'd have been different if there was already a startup scene at this time.

- the start-up when I worked today tried often to hire foreign engineers. Everyone is generally very excited to come work in Paris, but has difficulties to get past the salary barrier. In these moments, I have to be the best advocate for the French health and unemployment system, which is great but, let's be honest, doesn't replace the crazy salaries I see on this thread. I like our system mostly because it helps my grand-mothers to live in a decent way, but if I was alone here, without a sense of solidarity, and without the desire to make my life here, I'd think it's a waste.

- in 2016-2017, I was an entrepreneur. It's been tough and it's been a failure (not a big failure, but still a failure). But thanks to the unemployment system, I was paid around 35K/year.

Re: My Salary Progression in Tech

#368

These are unbelievably high salaries. In Germany such salaries are possible only at management positions (not talking about IB) of large companies only. I visited US 3 years back and I found everything better - clothing cheaper, food more delicious, people friendlier and houses bigger. Yes you don't have social security and have poverty issues but I would still be in US than in Europe considering the amount of money…

In Austria, the upper end for senior developers seems to be 70k. Architect roles seem to range from 70k to somewhere below 100k...

Even big companies often have a fixed upper limit, like "we can't give him more than 65k" and they rather wait many months until they find a good one who will work for that money or rather hire "IT consultants" from Accenture/CapGemini etc. that cost more than twice as much. It's kind of sad.

Re: My Salary Progression in Tech

#369
It's interesting that in U.S and probably in other countries people talk about their annual salaries. Where I live we talk about our monthly salaries after all taxes have been deducted. So when I look at his last number $189,000, how can I convert it to actual monthly income(or are Americans payed/paid two times a month?). Probably I have to deduct income tax and health insurance, right? And there is also this 401k. Or are there any other hidden taxes that workers in U.S. have to take into consideration?

Re: My Salary Progression in Tech

#370
post #173

Just for the sake of variety, I started off as a promising young software developer but let idealism and thirst for adventure get in the way :) Besides loving to code, having skills in high demand has allowed me to travel and explore the world for the past 20 years. 1997-1998 - $32k - Programmer for State government 1998-1999 - $86k - Consultant, Phoenix & NYC 2000-2004 - $32k - Software developer for NGO, Amsterdam…

Sounds like a lot of fun stories. Do you have any regrets?

definitely not! but the trade-off, of course, is that you'll most likely always be poor, never own a house, and never retire (not that i'd want to)
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