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Programmers' salaries at Google $250k (and up)

jacquesmattheij.com

181–190 of 280 posts

Re: Programmers' salaries at Google $250k (and up)

#181

As a point of data, I work at Google and am at a similar point in my career. My base salary a year ago was $136k, but there was a companywide 10% raise last winter, and now my base is $150k. You get a cash bonus each year that's around 15% of your base, but if you're a superstar it can be double that, or if you're a total disappointment, it can be nothing. But if I perform as expected, that's another $22k. Finally, I…

>>So my total annual compensation this year will be $217k. If I were bragging to an ex-employer, I'd probably round up to "a quarter million" too. :)

That last part about "a quarter million" made me crack up. Awesome stuff!

Now, down votes, come to me.

Re: Programmers' salaries at Google $250k (and up)

#182

Ignoring passion, does it make sense economically to join a startup in the Bay Area? It doesn't seem uncommon for very young (25+) top engineers in the Bay Area to be making anywhere from $175k/year -- 250k/year in base salary + bonus + equity. Over 30 years, that's a more or less guaranteed $5m -- 7.5m before taxes from a single income. (Ignoring things like promotions and older engineers possibly needing to retrain…

"It doesn't seem uncommon for very young (25+) top engineers in the Bay Area to be making anywhere from $175k/year -- 250k/year in base salary + bonus + equity."

It's very uncommon. Less than 1%, for sure. The other 99% don't make headlines on HN.

Re: Programmers' salaries at Google $250k (and up)

#183
I do not compete with Google for talent. Well, certainly not talent that I want anyway. Don't get me wrong, there are a lot of fine engineers at Google, but they aren't startup engineers.

Because I don't compete with Google for talent, I, nor anyone I know, pays engineers anywhere near $250k/year. Personally, I believe Google pays that much because they have to just to keep people from jumping ship.

If you're an academic, I believe Google may be the perfect place. Your meals are provided, there is always something intellectually interesting to research and the stress level is quite low. The fact is, nothing you do as an individual is going to make or break a $30B/year company and that has its pluses and minuses.

Luckily for me and other startup founders, there are a whole lot of talented engineers out there that don't find the slow, calm, quiet life particularly appealing.

Re: Programmers' salaries at Google $250k (and up)

#184
I know profitable companies like Google, Microsoft, and Amazon typically offer you more options and stock grants (in addition to cash bonuses) at annual reviews or whatever.

Do (not yet profitable) startups do the same? From what I've heard, most don't offer bonuses in the form of options and stock grants, but this seems kind of weird to me. I can understand not offering cash bonuses if they're not yet profitable, but it seems like if I do a great job, I should get extra stock (since otherwise, basically the amount of stock I ever get is purely determined from my status when I joined, which could be much different from my status four years later).

Re: Programmers' salaries at Google $250k (and up)

#185

Earlier quoted context omitted.

Hi! This is the Market Economics Fairy! I help supply and demand equilibrate everywhere! If nobody can find good programmers to hire, it means that programmer salaries are too low! Raise programmer salaries until... ...erm, actually, students are remarkably goddamn insensitive to their future salaries when it comes to picking a major. And the other way S&D could equilibrate here is by fewer companies even trying to h…

Just a note, there is a followup paper to "The Camel Has Two Humps". From the abstract: Two years ago we appeared to have discovered an exciting and enigmatic new predictor of success in a first programming course. We now report that after six experiments, involving more than 500 students at six institutions in three countries, the predictive effect of our test has failed to live up to that early promise. http://www.…

The new paper didn't say that the problem wasn't correct, just that their original solution (test) didn't work out. It's true that it seems to be hard to come up with a reliable test for this sort of thing, but that doesn't mean that it's impossible.

Re: Programmers' salaries at Google $250k (and up)

#186
post #80

tl;dr There was a hasty generalization based on one dibious number made about Google salaries being higher than Glassdoor's poll-based estimate.

well based on several people on this thread revealing their total compensation packages, the 250k number does not seem false.

..And I am incredibly jealous...why I am remotely working on a Sunday for a fraction of that? Even though my cost of living is less...I live in a major metropolitain canadian city, I know of several people from Uni who moved to the states in jobs like that.

Re: Programmers' salaries at Google $250k (and up)

#187
This is completely believable, if you take into account the bonus and the RSUS.

Suppose the actual salary is $130k and 30% (at least that's what I heard bonus): that already brings his salary up to $169k.

Now add RSUs: over the last five years, the average price had been ~$500/share. He will only need an RSU grant of ~650 RSUs (which sounds reasonable, especially if it was granted in 2008/2009 when the stock price was lower) to be at $250k total compensation. It could also be the case that his base is higher, but he is only getting 15%-20% bonus, or didn't get as many RSUs: there are many ways in which $250k is a believable figure.

Given the near certainty of Facebook's IPOs, what other private companies are trading at on Sharespost and SecondMarket, as well as valuations/prices of recently/upcoming technology IPOs, his total compensation is actually somewhat below what he could earn elsewhere.

Of course nobody working at Google (or Facebook, or any other serious technology company for that matter) is it in purely for the money: otherwise they simply wouldn't have be at the level of proficiency needed to be hired at such companies. Taking a route optimized for maximizing _current_ income is not the same as taking a route optimized for learning. _That_ is the reason engineers will always leave Google and join startups (much like Engineers left DEC/Sun/Yahoo/etc... to join Google), provided the startups are solving interesting technical problems. Unfortunately, right now there's a dearth of that.

Corollary: you'll never lure a Google-caliber engineer into an actual startup (as opposed to a "certain pay off" pre-IPO company) with talk of compensation. When I hear companies complaining about how difficult is it to hire "because" of Google/Facebook/Twitter/LinkedIn hiring all the engineers, they're almost always startups that are _not_ building interesting technology.

Another relevant point: there is no pressure for a software engineer to live a $250,000 lifestyle. An enterprise sales engineer I know once purchased a used BMW 540i. That seemed pointless to me: you can get better acceleration and handling in in a Japanese car, if really want a BMW you could get a new 3-series (getting better handling and acceleration than a 5-series, along with free maintenance for 50,000 miles). If you don't care for performance, you easily spend 1/3 as much money on a Honda Civic or Accord. However, his explanation made a lot of sense: he frequently needs to take clients out and an executive class car certainly makes an impression that can close a sale. I'd imagine the same goes for lawyers, management consultants and the like. A software engineer can easily live on $40,000 a year and save/invest the rest (for either a startup, early retirement or purchasing what he/she truly dreams of e.g., a Porsche 911 Turbo if they're really into performance cars).

Re: Programmers' salaries at Google $250k (and up)

#188
post #9

Tl;dr: someone's ex-employee is now working at Google, says he gets $250k salary and he's under 30. Why is this even on HN, let alone #1?

Because it's on jacquesm's blog. See http://news.ycombinator.com/user?id=jacquesm

Yup, its all about credibility & trust in the business world, and in the salary disclosure world. I believe the number because not only it it posted on HN but several people on this thread have confirmed that number. I trust this data more then I trust the 1000+ people posting on glassdoor.com

Re: Programmers' salaries at Google $250k (and up)

#189
post #21
post #16

Earlier quoted context omitted.

Quite the contrary, you don't know Google's non-compete work-contract provisions and, if any, how would they held up in court, so your statement is quite speculative. Besides, the last thing you'd want to do is to work after-hours and find out your employer is owning the IP of your project (that's besides pager-duty and other after-hour things your employer might make mandatory anyway). Regarding taking twice as long…

You are right on the money. Starting a startup while working for Google would be an absolute non-starter. Any code you write, they own (within certain restrictions that end up being so broad as not to matter.) And moonlighting in a business that competes with Google would be grounds for termination.

Google does not own anything you do on your own time. It's unfortunate that so many engineers believe and propagate this myth.

Re: Programmers' salaries at Google $250k (and up)

#190
post #173

$ 250,000 a year must include stocks, bonus, 401k and healthcare. As is, it doesn't match the insider information I have about Google's salaries. Let's be realistic a minute, $ 250k/year is a lot of money.

250K is a lot of money depending on where you live. You can't take simple things for granted in the Bay Area. Want to raise a family of four and actually have three or four bedrooms, you're looking at a million+ dollar house. 250K is what you should be shooting for if you have goals such as these.

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