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Tech compensation in 2021

jacobian.org

111–120 of 631 posts

Re: Tech compensation in 2021

#111

Earlier quoted context omitted.

Facebook seems to be aggressively searching for remote workers outside of the US if my inbox is any indication. I imagine others in the US are too.

How does that work with the recent 'they need to return to the office' + anyone remotely working for Facebook outside the US will never make hundreds of thousands as a developer.

Money talks, bullshit walks as they say

Re: Tech compensation in 2021

#112

In other news, if you aren't in the valley or working for one of the big tech companies, you're probably making 100-150K as a mid/senior developer. There's a pretty sizable leap.

Yeah no kidding. I was shocked at the numbers in this article. A 15-year engineer in aerospace gets you ~120k.

I don't know if this was anomalous, but I was making a smidge more than that in the aerospace industry with 5 years experience

Re: Tech compensation in 2021

#113

As someone who works in an Eastern European country, i also did a writeup on how much i've made over the years and how that figure has changed, while working for a local company: https://blog.kronis.dev/articles/on-finances-and-savings In short, this year i'll probably make around 18k Euros, in total. I guess that just goes to show how different the situation is depending on where you live and where you're employed.

You are grossly underpaid, even for eastern europe. Guys just across the border (or two) from you make 2x+ more, while paying next to nothing in taxes (5% I've heard, as faux contractors) and enjoying some of lowest CoL in europe - https://jobs.dou.ua/salaries/dynamics/

Re: Tech compensation in 2021

#114

How many people go into programming now simply for the money? More than 70%? What percentage of programmers would still be programmers if competitive salary was not a concern in life, and people were free to simply pursue their passions?

Outside the US this is more like 10-20%.

Americans care about money a lot. American SWE care about money even more.

Re: Tech compensation in 2021

#115
post #39

Co-Founder of Levels.fyi here. As Jacob points out, the market is extremely hot right now. It feels like salaries are inching up slightly each month. We're working on improving how numbers are updated and working on weighing recent salaries more heavily. Would really encourage everyone to submit their compensation on the site. We also have some relevant discussions with recruiters from FANG type companies on our team…

Do you have any forecast for SWE salaries over the next few years?

Re: Tech compensation in 2021

#116

20 years experience, two books under my belt, and lead architect (with a CTO title) on several good sized projects and most I have ever gotten in $175k... every time I see an article like this, I think I am doing something "very wrong" I live about 40 miles outside of Boston. Edit: Looking at levels.fyi for Boston that actually puts me above the median[1]. Why the heck is Boston so low compared to other markets? Edit…

Boston has a lot of robotics which seems to pay less for some reason (less profitable? Can't scale as cheaply?) and biotech which pays less. That could be one cause.

Re: Tech compensation in 2021

#117
post #3

While I don't have doubts about this being a good way to find rough outlines for compensation, I'm yet to find a reliable source of data for Europe. Has anyone else had better luck?

Don't a lot of countries in Europe make salary info completely public? Seems like it should make creating aggregates even easier.

Very few, actually. They did it recently in my own country- Lithuania, really the best thing ever. It's also in public domain what kind of salaries companies pay( depending on the size,you can get mean, average, etc.)

Re: Tech compensation in 2021

#119
Wow! That's so much money for senior/L6 FAANG.

10 years ago my last non-contractor gig as a Grade 8 Intel Senior Staff Microprocessor Engineer (or 9? just below principal. I forget.) in Santa Clara pulled $200k including bonus and options, 170k if it was a shit year for bonuses. And that included a 4 year stretch with 0% raises for everyone in the early 2000's. That's with -15- years experience.

I guess in 2010 that was pretty good? I dunno, they routinely fucked everyone except the principals and above, who have very strange compensation systems, but no one had the guts to leave: this was during the no-hire collusion for which I got a settlement check of $10k, which was peanuts compared to the impact.

Re: Tech compensation in 2021

#120
post #15

Man, every time I think I’ve finally caught up to the market rate, I find out I’m behind again I’m a senior FAANG coder making 350k TC, and it looks like I should be able to net 400-600k at this level if I go to Apple or Google. Hoo boy, looks like it’s leetcode time again…

350k TC sounds not bad to me if you're E5 at Facebook or L6 at Amazon. It goes up another 150-200k at the next level (E6/L6 at Facebook/Google, L7 at Amazon, or ICT5 at Apple).
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