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Base salaries offered to software engineers in SF, NYC, and Seattle

triplebyte.com

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Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#271

Post by [deleted] »

pageandrew wrote: post #43
djakjxnanjak wrote: post #39

Earlier quoted context omitted.

Very relevant for people working for startups, much less relevant for those working at public companies where the stock can be sold the day it vests. Standard vesting starts after a year cliff, but it’s common to get a large signing bonus which makes up for it. Plus some people are getting offers with no cliff. I worry that some really skilled developers may be looking at these stats and not realize what they are giv…

Unless you go to a FAANG you're basically going to be accepting compensation close to what's listed here. If you're at a FAANG and get those massive stock packages, then you can really start getting close to the $300k+ total comp packages that people talk about.

[deleted]

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#272

Post by xfitm3 »

pageandrew wrote: post #43
djakjxnanjak wrote: post #39

Earlier quoted context omitted.

Very relevant for people working for startups, much less relevant for those working at public companies where the stock can be sold the day it vests. Standard vesting starts after a year cliff, but it’s common to get a large signing bonus which makes up for it. Plus some people are getting offers with no cliff. I worry that some really skilled developers may be looking at these stats and not realize what they are giv…

Unless you go to a FAANG you're basically going to be accepting compensation close to what's listed here. If you're at a FAANG and get those massive stock packages, then you can really start getting close to the $300k+ total comp packages that people talk about.

I wouldn’t jump to conclusions. My company pays FAANG total comp in cash. Private company.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#273

Post by austincheney »

H1Supreme wrote: post #239
austincheney wrote: post #237

Earlier quoted context omitted.

I too have an unrelated degree and am self taught. I also make much less than the numbers in the provided tool but more than make up for it by living in a low cost area where developers are always in huge demand. I have found the biggest discriminator on hiring salary and hiring generally is due to approach to problem. If you are limited to a single convention, such as OOP, or are limited to certain tools/frameworks…

> living in a low cost area where developers are always in huge demand Care to share the city? Or region?

Dallas area.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#274

Post by scarface74 »

freyir wrote: post #264
garyguo110 wrote: post #4

It's nice to know what a competitive base salary is for an engineer but when negotiating an offer I think you really should be looking at Total Compensation. RSU, Stock Options, Bonuses all play a very significant role when looking at offers. Especially if you work at one of the large tech companies (Google, Facebook, Amazon, etc) the stock grants are a VERY large portion of your compensation.

If I'm being cynical, TripleByte left this out on purpose. From what I've heard, they're mainly linking developers up with startup roles that don't pay much more than this (except perhaps in monopoly-money equity). Of course, you'd be better off going to FANG or a (soon-to-IPO) unicorn where you'd make double these amounts with RSUs factored in. But if you can get in there, you probably don't need to go through Tripl…

But even $250K in total comp wouldn’t allow my family to live the lifestyle that we can live in many major metropolitan areas in the US that have a much lower cost of living where just your commodity full stack developer with a few years of experience can make $135K - $160K.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#275

Post by scarface74 »

nostrademons wrote: post #103
maccio92 wrote: post #90

Earlier quoted context omitted.

It's the latter.

I don't think that's really the case, but I do think it's common for good software engineers to move into other job titles (whether it's "founder" or "management" or "architect" or "software consultant" or a deep specialization in a particular subfield of software like security, deep learning, data science, data mining, compilers, databases, graphics, etc.) where they can avoid the salary cap. There's an adverse sele…

That is only true in the HN bubble of SV. No one would bat an eye at someone only making $150K in almost any major city in the US outside of the west coast and NYC.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#276

Post by shepardrtc »

seattle_spring wrote: post #212
shepardrtc wrote: post #170

Earlier quoted context omitted.

Having lived in Seattle and knowing several software engineers at various companies, I would have to say Triplebyte's numbers are being inflated by the FAANG companies. I have one friend at Microsoft that is making probably 160 to 180ish right now, and another friend at a startup that is making between 80 and 100. Most other engineers make around what you've been offered. I really would take Triplebyte's numbers with…

80 to 100 is insultingly low for even a startup in Seattle. Sure, some are able to get away with it like Energysavvy, but only bottom tier engineers should put up with it.

Funding is month-to-month, essentially. Not sure how long they'll last. But I agree, its very low.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#277

Post by mlthoughts2018 »

ontoillogical wrote: post #257
mlthoughts2018 wrote: post #254

Earlier quoted context omitted.

> “So it follows that if I wanted to join a startup I’d consider triplebyte for the same reason —- I can see busy ceos of small companies using it.” How does this follow? Obviously the buyer (busy CEOs of start-ups looking to pay below market) wants a commodity platform to buy. That does not mean the seller (job candidates) wants to sell on that platform, especially if the platform cheapens their product (such as red…

I don’t think the value prop of TripleByte to busy CEOs is “you get employees cheaper”, if anything it’s going to cost more than other sources of talent that don’t take a cut of salaries. I don’t see how customers of TripleByte are looking to pay less any more than any other ceo that’s trying to maximize profits while minimizing costs.

If I am on the market for a high-quality skateboard, and I walk into Sam’s Club looking for one, I’m probably not really looking for high quality and just want a cheap price (even though it may cost me an up-front membership fee to shop there, instead of no membership fee at a place like Wal-Mart).

If Indeed is like Wal-Mart, TripleByte is like Sam’s Club. A different branding of a cheap, commodity store.

If you’re truly willing to pay a high price for something, you don’t even walk in the door at Sam’s Club. You research a boutique seller that’s harder to find.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#278

Post by ontoillogical »

mlthoughts2018 wrote: post #277
ontoillogical wrote: post #257

Earlier quoted context omitted.

I don’t think the value prop of TripleByte to busy CEOs is “you get employees cheaper”, if anything it’s going to cost more than other sources of talent that don’t take a cut of salaries. I don’t see how customers of TripleByte are looking to pay less any more than any other ceo that’s trying to maximize profits while minimizing costs.

If I am on the market for a high-quality skateboard, and I walk into Sam’s Club looking for one, I’m probably not really looking for high quality and just want a cheap price (even though it may cost me an up-front membership fee to shop there, instead of no membership fee at a place like Wal-Mart). If Indeed is like Wal-Mart, TripleByte is like Sam’s Club. A different branding of a cheap, commodity store. If you’re t…

What you’re saying about the motivations of candidate sourcing is not reflected in my experience as a startup ceo or an engineer at a large tech company.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#279

Post by mlthoughts2018 »

ontoillogical wrote: post #278
mlthoughts2018 wrote: post #277

Earlier quoted context omitted.

If I am on the market for a high-quality skateboard, and I walk into Sam’s Club looking for one, I’m probably not really looking for high quality and just want a cheap price (even though it may cost me an up-front membership fee to shop there, instead of no membership fee at a place like Wal-Mart). If Indeed is like Wal-Mart, TripleByte is like Sam’s Club. A different branding of a cheap, commodity store. If you’re t…

What you’re saying about the motivations of candidate sourcing is not reflected in my experience as a startup ceo or an engineer at a large tech company.

That would make you a wildly uncommon start-up CEO, to the point that it’s too fantastical to believe, given the ubiquitous, widespread low compensation paid in start-ups (even after accounting for an unreasonably favorable liquidity event and generously agreeing to assume an equity price from that to apply to non-liquid equity at the time of an offer).

Start-up pay is so universally bad compared even to low or mid tier public companies. I’m not sure it could be possible to use start-ups as any kind of counter argument to a question of low pay.

Re: Base salaries offered to software engineers in SF, NYC, and Seattle

#280

Post by kilbuz »

S_A_P wrote: post #174

I live in Houston, and I would say most senior (10+ year) full stack developers probably make what your 0-3 year front end developers make. In Houston, ~130k is enough to live an upper middle class life, what does that look like in NY, SF and Seattle?

$117k for a family of 4 qualifies you for Section 8 housing in much of the Bay Area.
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