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My Salary Progression in Tech

georgestocker.com

371–380 of 631 posts

Re: My Salary Progression in Tech

#371

These salaries sound astronomical compared to earning potential in UK companies. As an Architect, average salaries are around £64,000. Does anyone know how like for like roles pay in the UK for US companies? I can't see Amazon paying £200k for a software developer?

That figure must be for outside London, no? Since there aren't too many UK salaries here I'll add mine for London, all in GBP: - 2006-2009 45-60k Employee, US investment bank, Analyst - 2010-2012 300/day Freelance, full stack web dev - 2013-2017 105k Employee, tech lead at a startup - 2018-2019 700/day Contractor, Senior Python Developer

It's a UK wide average. Specific industries like banking will pay a markup. Also expect a 15-20% higher pay in London due to increased living costs.

Re: My Salary Progression in Tech

#372

I've been pretty fortunate. Hard to believe that in 2004, my little family survived on only $16k. That was a tough year. I was really grateful for government assistance, as we were below the poverty line. And last year I made more than $2M. I paid more than $1M in income taxes. I hope some of that money is going to help little families like mine in 2004. 2004: $16k 2005: $36k 2006: $47k 2007: $53k 2008: $56k 2009: $6…

Suspicious amounts of Throwaways in here that all happen to earn over a million $ a year...

Re: My Salary Progression in Tech

#373

About three years after graduating I stumbled into some extra freelance work a school friend passed on to me. Then got lucky again by finding myself in a well-paid (for UK) devops niche. - 2009: £1,000/yr Mostly depressed, unemployed and unmotivated. Some income from teaching English and arbitraging signup bonuses on gambling websites. Lived close to rent-free by subletting rooms in the apartment I was living in. (Sp…

Any tips for pushing up contracting rates? I've been on pretty much the same since I started 4 years ago, which isn't a bad rate, but from these numbers it seems like I should be asking for more.

Most of the work I've found had been from recruiters on LinkedIn. Do you just say "I want £800/day, what do you have?".

Re: My Salary Progression in Tech

#374

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…

Thanks for this very informative post! Here in Japan, salaries are much more Europe-like, whereas hours are (I suspect) US-like -- the worst of both worlds!

My pay as a non-software-engineer doing a lot of Excel monkey work in the back office of a fintech company. I'll use yen for consistency; today the exchange rate is about 110 yen per US dollar.

1999-2001 3.6M base

2002-2006 3.6M base + 1.0M (night shift bonus)

2007-2008 4.2M base + 1.0M (night shift bonus continues)

2009-2015 4.5M base + 700k bonus + 1.0M night bonus

2016 4.5M base + 300k bonus + 500k night bonus (rotating shifts; fewer nights) + 200k vested stock options (issued 2012, vested after 4 years)

2017 4.4M base + 300k bonus + 500k night + 200k stock

2018 4.4M base + 300k bonus + 1.0M night (worked nights all the time again) + 80k stock (stock value plummeted)

2019 4.4M base + 300k bonus + 90k stock (no night shifts anymore)

I'm not a native speaker of Japanese, and have no desire to go into middle management, so I suspect things will continue as they are now indefinitely. There's a lot of pressure to reduce salaries and we have onerous KPI demands: five to seven every half year, all of which must be met to maintain salary. It gets harder and harder to keep coming up with ideas for them as the years pass, and I'm thinking of giving up my full-time hard-to-fire status and becoming a contract worker. Bonuses and stock options would disappear but stock options earned in past years would continue to vest. And my stress level would drop by quite a bit!

Re: My Salary Progression in Tech

#375

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…

Don‘t focus on the huge money aspect. There is a lot of selection bias here, only few people make this much outside of some very particular areas/companies. Comparing Germany (where I’m also from) and the US, I’d say that Germany still gives much higher standard of living at the same salary, especially due to lower rents in the big cities. FYI my progression 120k joining top3 mgmt consulting after PhD, stayed for 4yr…

> 200k in mgmt position at e-commerce company in Berlin

For the context: this is an insane amount of money in Berlin, which used to be one of the poorest capitals in Western Europe. Most software engineers make 60-70k.

> after PhD,

A quick question: does it matter from which university one received his PhD in Germany?

I read multiple comments, that unlike in the US and in the UK, most universities in Germany are considered more or less equal.

But wouldn't a MSc / PhD from Humboldt University of Berlin be considered above a MSc / PhD from University of Potsdam when applying for jobs and negotiating the compensation?

Re: My Salary Progression in Tech

#376
post #357

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…

European salaries are in my experience usually reported pre-tax, which makes the situation even worse :P Half the pay of our American counterparts, double the taxes and most non-real-estate goods are more expensive.

Hello from Japan as well. And we have American-style vacation allotments!

Re: My Salary Progression in Tech

#377

Age Salary Job Title --- ------ --- ----- 16 ~$10k 1 Software Developer (MI) 17 ~$10k 18 ~$10k 19 ~$10k 2 Research Assistant (MI) 20 ~$15k 3 Software Engineer Intern (MI) 21 $35k Software Engineer 22 $35k 23 $45k 24 $70k 4 Software Engineer (MI) 25 $130k 5 Senior Software Engineer (Seattle, WA) 26 $160k Principal Software Engineer 27 $165k The ones beginning with "~" were part time jobs that paid hourly. None of the…

I appreciate you took the time to right-align the salary numbers!

Re: My Salary Progression in Tech

#378

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…

Just curious, why don't you move ?

Re: My Salary Progression in Tech

#379

My progression: 23 - 45K (University sysadmin, east coast) 26 - 60k (University research systems programmer, east coast) 31 - 65k (SWE, small IHV, remote) 32-42 -- incremental raises up to $145K (senior SWE, same company) 43 - 425k (Senior SWE, Google, Mountain View CA) 44 - 390k (Senior SWE, Google, Mountain View CA) 45 - 350k (Senior SWE, Netflix, Remote) 46 - 400k (Senior SWE, Netflix, Remote) 47 - 525k (Senior SW…

What kind of genius does one have to be to earn $800k? Or do you possess rare knowledge and connections in your industry?

probably TC, including stocks accumulated that got more value over time.

Re: My Salary Progression in Tech

#380
post #45

I am Asian but was born and raised in Australia. I have a Bachelor of Science and I work as a web developer, e.g. Spring, ASP.NET, React, WordPress, Drupal, etc. 2013 - 23yo - $45K - First job - Magento developer building eCommerce websites for clients. 2014 - 24yo - $54K 2015 - 25yo - $70K - Second job - Magento / Shopify / WordPress developer, building eCommerce websites for clients. 2016 - 26yo - $75K 2017 - 27yo…

Web development and other easy domains like iOS / Android are quickly going the way of other craft jobs of the past: Blue collar. If you want to make above average salaries you're going to have to specialize. Find something that is both challenging (to reduce barrier to entry) and niche (to demand a higher salary). In other words - specialize. Staying as a generic web/ios/android dev is only going to guarantee that y…

this is simply wrong, don't listen to this.
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