31–40 of 80 posts
Also very often if you switch these days companies offer you to buy your stocks out so you don't even loose the value when you switch companies.
Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
Today I'd say the total comp for an undergrad SE (with experience beyond classes, top 10 school) in the Bay Area would be around to $180k, perhaps more depending on skill level. This is at Google/Netflix/Facebook with the latter two probably paying more.
It feels like the Facebook / Instagram effect where you start thinking that all of your friends are constantly living on yachts bathing in Dom Perignon, and you're the one loser out of your entire social circle who sits in an office all day.
At least with the 'big' valley companies, as a "senior engineer" (level 5) the usual numbers are around $170k base + a bonus that is 10%-20% of your base salary. That's about $200k cash without RSUs. So I'd say people are not lying. I guess if you switched 7 times in 10 years, it's hard to get RSU refreshers / salary bumps and companies tend to, if in doubt, hire BELOW your actual level.
Did you read my message? I'm actually talking about $200k/year base salary. A bonus is by definition not part of the base salary...
They aren't lying, but you're witnessing a perfect example of selection bias: high-earners are much more likely to voluntarily share their salaries.
Even when anonymous? --- I found this (relatively) old paper[1]. It mostly deals with reporting on government forms, but there is a little bit about sensitivity of the information reported. Singer, Von Thurn, and Miller (1995) have shown that assurances of confidentiality reduce nonresponse and/or increase the accuracy of responses to income questions and other sensitive survey topics. In addition, recent technologic…
At least with the 'big' valley companies, as a "senior engineer" (level 5) the usual numbers are around $170k base + a bonus that is 10%-20% of your base salary. That's about $200k cash without RSUs. So I'd say people are not lying. I guess if you switched 7 times in 10 years, it's hard to get RSU refreshers / salary bumps and companies tend to, if in doubt, hire BELOW your actual level.
Did you read my message? I'm actually talking about $200k/year base salary. A bonus is by definition not part of the base salary...
If you quoted just the salary numbers than finance would look like it underpaid where as the opposite is true.
In many places bonus isn't even the correct term as a substantial portion of it was guaranteed.
Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
amazing. 4x what I was paid out of university, and still more than I've been paid since If you are in Silicon Valley and at uni, I guess whether you get into Google etc. or not will make a massive difference to your future. It could determine if you have enough money to but a house, have kids in the area in the future, etc. All down to a few interviews.
No they are not lying. A senior software engineer at Google easily makes >200K in cash compensation (salary + bonus), not counting RSU. And around half the Google engineering workforce is at that level or higher. I won't be surprised to see similar or even higher numbers at FB / Linkedin / Netflix. source: been a googler for >8 years
I suspect this is only in the bay (or maybe other "high value" areas) ? I never heard such figures in the UK for example in those companies (well, for FB/Google anyway, never heard of Linkedin/netflix).
Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
Just for a piece of context, this year, the base salary for right out of college software engineers at Google is ~$110,000. I would be very surprised if over the course of 10 years just $60,000 was added to a salary.
amazing. 4x what I was paid out of university, and still more than I've been paid since If you are in Silicon Valley and at uni, I guess whether you get into Google etc. or not will make a massive difference to your future. It could determine if you have enough money to but a house, have kids in the area in the future, etc. All down to a few interviews.
However, they fail to see that the hiring process obviously works for Google and it is definitely not "easy". If it were easy, they'd be doing that too and making over 200k at a young age.