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Top Paying Tech Companies by SWE Level

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Re: Top Paying Tech Companies by SWE Level

#21
post #10
post #6

Earlier quoted context omitted.

There is not necessarily a catch. Pay is not based on cost of living -- it's set by market rates, and the market rate for software engineers in these areas who can do the jobs required at these companies is high. All these companies operate at an immense scale where an engineer, through what is often a simple change, can add significant value to the company. So, yes. For now, these companies are giving college grads…

A senior position in the doc will probably get you ~2M in savings by 35. How do you retire with that?

Even at a meager 2% interest that’s $40k a year. That’s a comfortable wage in much of the USA, especially if you’ve been camping in an RV for a decade to retire.

Re: Top Paying Tech Companies by SWE Level

#22
post #11

I have never worked in the valley, so the answer to this question might be obvious to the people working there. What happens to all the experienced engineers? According to this, the Senior, Staff, or Principal titles are generally for people with 5+ year experience? Those roles make up 30%, 10%, and 3% of companies respectively. That leaves 57% of engineers in positions listed are usually for people with 0-5 years ex…

Many people stay at lower levels for years. The experience is necessary, but not sufficient, for those higher levels.

Re: Top Paying Tech Companies by SWE Level

#23
post #11

I have never worked in the valley, so the answer to this question might be obvious to the people working there. What happens to all the experienced engineers? According to this, the Senior, Staff, or Principal titles are generally for people with 5+ year experience? Those roles make up 30%, 10%, and 3% of companies respectively. That leaves 57% of engineers in positions listed are usually for people with 0-5 years ex…

They leave the valley, remember it as their time at a startup, and work decades at a non-tech firm.

Re: Top Paying Tech Companies by SWE Level

#24
post #15

I'm not sure about the salaries, but I'm more sure Amazon isn't in Seattle, CA. (Staff engineer slide). I'm also wondering how much of the salary (which certainly contains a lot of stock) is due to stock appreciation. If someone joined Amazon in late 2016, the value of their stock awards has more than tripled. Do offers for these companies go this high, or is this only after a few years? This seems it's more "what I'…

These numbers are roughly around what I've seen for new offers.

Re: Top Paying Tech Companies by SWE Level

#25
post #15

I'm not sure about the salaries, but I'm more sure Amazon isn't in Seattle, CA. (Staff engineer slide). I'm also wondering how much of the salary (which certainly contains a lot of stock) is due to stock appreciation. If someone joined Amazon in late 2016, the value of their stock awards has more than tripled. Do offers for these companies go this high, or is this only after a few years? This seems it's more "what I'…

These are offers.

Re: Top Paying Tech Companies by SWE Level

#28
post #5

If this is for real, _everyone_ I know is getting completely screwed. I have a hard time believing any of these numbers. If I earned any of these amounts for 2-3 years, I could live off the interest for the rest of my life.

If you're getting screwed, get out there and stop getting screwed!

"I never sat back feeling sorry for myself. If you don't give me heaven, I'll raise hell" - Jay Z

Re: Top Paying Tech Companies by SWE Level

#29
post #6

Earlier quoted context omitted.

There is not necessarily a catch. Pay is not based on cost of living -- it's set by market rates, and the market rate for software engineers in these areas who can do the jobs required at these companies is high. All these companies operate at an immense scale where an engineer, through what is often a simple change, can add significant value to the company. So, yes. For now, these companies are giving college grads…

Interesting, thanks. Now I wonder how many of these jobs are 100% work from home. I'm not sure a salary doubling could take me away from my family and into commuting an hour a day. But I mean, if they're going to pay me to engineer in my pyjamas, sure! =)

Remote work at FANG is possible but usually earned through a niche in-demand skill set or years at the company.

Re: Top Paying Tech Companies by SWE Level

#30
post #11

I have never worked in the valley, so the answer to this question might be obvious to the people working there. What happens to all the experienced engineers? According to this, the Senior, Staff, or Principal titles are generally for people with 5+ year experience? Those roles make up 30%, 10%, and 3% of companies respectively. That leaves 57% of engineers in positions listed are usually for people with 0-5 years ex…

It's so variable that I don't think there's even a good answer for this. My current company does the engineer -> management track, so there can absolutely be an abundance of management jobs. You can also work as an Junior/SEII/Senior for 5+ years without being promoted at all. Keep in mind all of these titles are arbitrary/subjective.
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