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My somewhat complete salary history as a software engineer

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Re: My somewhat complete salary history as a software engineer

#12
post #7
post #6

Earlier quoted context omitted.

> I know that my starting salary was $48,000 (about $70,284 in 2018 dollars)

I'm curious where he drew that number from.

The BLS shows roughly this:

https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=48000&year1=20...

Re: My somewhat complete salary history as a software engineer

#13

I'll contribute. I hope it is okay to post anonymously in this case. 2007 was straight out of college and all these jobs have been in California. 2007 Startup A $80,000 2009 Startup A $90,000 2010 Startup B $100,000 2011 Startup C $100,000 2013 Startup C $130,000 2015 Startup C $150,000 2017 Startup D $160,000

Put a burner email in your profile, just so people can contact you anyway.

Re: My somewhat complete salary history as a software engineer

#14

I don’t know if I’m misreading it but did OP include the value of the options or did they just leave them unexercised? Box did IPO, and obviously Yahoo was liquid the entire time. What was the total compensation be like with these numbers?

The message buried is: stock options, even of large companies are most of the time worthless. The exceptions are a position at a company that strikes it big, or safe bets such as Microsoft, Google, Facebook, Apple, etc. The latter also have the advantage that once you do have stock you can relatively easily dispose of it if you want to.

Other than that is a complete lottery.

Re: My somewhat complete salary history as a software engineer

#15

I'll contribute. I hope it is okay to post anonymously in this case. 2007 was straight out of college and all these jobs have been in California. 2007 Startup A $80,000 2009 Startup A $90,000 2010 Startup B $100,000 2011 Startup C $100,000 2013 Startup C $130,000 2015 Startup C $150,000 2017 Startup D $160,000

Are these base salaries or total incl. any options, bonuses etc?

Re: My somewhat complete salary history as a software engineer

#16

I don’t know if I’m misreading it but did OP include the value of the options or did they just leave them unexercised? Box did IPO, and obviously Yahoo was liquid the entire time. What was the total compensation be like with these numbers?

Box IPOed at $14/share but spiked to $23/share on the first day of trading. Assuming 50K shares (and ignoring the strike price / any upfront cost he might have paid), total additional compensation was ~$700K to $1.150M.

Re: My somewhat complete salary history as a software engineer

#17
post #5

This doesn't appear to be inflation adjusted, at least I saw no mention of it. Quick math below based on BLS's inflation calculator. Year Starting $ Inflation Inflation adjusted to 2018 2000 $48,000 1.50 $67,500 2001 $62,500 1.44 $90,000 2001 $68,000? 1.44 $97,920 2003 ? 2005 $82,000? 1.32 $108,240 2006 $115,000 1.27 $146,050 2008 ? 2011 ? 2013 $175,000 1.10 $192,500 2014 $208,000 1.08 $237,600

Looks like I'm currently on a salary more suited to last century. I'm not in goldrush country though.

Re: My somewhat complete salary history as a software engineer

#18

Wow. It's very interesting to see the salary numbers of the one author whose book jump-started my engineering career. Given his depth of knowledge and his penchant for imparting the said knowledge, I'm actually surprised he wasn't making more. I guess without his health issues, the numbers would likely have been higher. Here's hoping for his quick recovery.

Lyme is a terrible disease, more so depending on how long you've had it undiagnosed. I have a case close by that is frankly disturbing to watch, can't imagine what the person is feeling like inside. It's an occupational disease for anybody in the wood processing industry in countries such as Poland.
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