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…
Tech compensation in 2021
121–130 of 631 posts
Re: Tech compensation in 2021
#122How 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?
Re: Tech compensation in 2021
#12320 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.
why? i don’t know, it’s definitely not any easier work. but it’s reflected in the comp
Re: Tech compensation in 2021
#124Man, 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…
Yeah I know a lot of FAANG people getting 500-600K packages. Makes it hard to even think about startups.
Re: Tech compensation in 2021
#125Earlier 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.
Re: Tech compensation in 2021
#126Earlier quoted context omitted.
Yeah I know a lot of FAANG people getting 500-600K packages. Makes it hard to even think about startups.
What the... s%&#? Half a million a year for a developer or architect is bonkers. That's the equivalent of AUD 800K a year. That's more than what the Prime Minister and a cabinet member put together make here! How can that possibly make sense? For that kind of money you can easily hire 4 senior developers here! Any company "hiring local" at those prices isn't exploring their international staffing options properly...
Re: Tech compensation in 2021
#127Earlier quoted context omitted.
Either contracting, or alternatively, consulting. Companies like Cambridge Consulting and et al (please correct me if I'm wrong, I only know this through word of mouth) earn more in line with our US counterparts supposedly. Additionally, our country is much more focused on financial services. You can make 2-3x the average engineer salary there. The rest of the market seem content paying far below, and also content ha…
I wouldn't say more in line necessarily, unless you work at the big banks in a profit center. Contractors can make anywhere from £300 to about £750 a day unless they land on an extremely profitable niche, which is great money for the UK but not the kind of insane rates SV engineers can get. Of course, cost of living is lower too, especially up north where I am.
Re: Tech compensation in 2021
#12820 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
#129Re: Tech compensation in 2021
#130Man, 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…
I hate studying leetcode just for these interviews, but with these numbers it seems foolish to not put myself through hell...