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Faang software engineer salary reddit. The annual limit is $22,500, which is 22.

Faang software engineer salary reddit But it is extremely unusual to see people in their 20s at senior level. Double your salary and double your expenses won’t double your savings. Not saying well paid tech jobs don't exist in Florida (currently in South Florida and started at 6 figures out of college), but it will be challenging to find. Is all your experience as a software engineer or is the 7 years in tech in general (i. The reason being that highly technical jobs require a high IQ but don’t earn as much as being a successful business owner. Posted by u/OkDouble2409 - 9 votes and 12 comments The non FAANGS typically are so slow that if you could do well at a FAANG, you can really accelerate at a non-FAANG if you have the desire to work. 5k Person E: Computer Science, local degree, Software Tester $4. in QA or as an intern)? These affect the salary. Riot is one of these (on the lower end of salaries relatively, but still better than most); others include Unity, Roblox, Epic, Microsoft owned studios, Netflix, and probably more that I forgot. However, if you were to work at a non-FAANG company as a software engineer, there's virtually no chance of earning $800K in your entire career. I've worked at another FAANG company before (SG office) at a non-engineer job, and my salary was almost this level. the RSUs do not cliff and vest at a pretty fixed rate (at least quarterly at most FAANG IIUC) - so for all intents and purposes they are salary paid out every three months. May 14, 2023 · The average senior software engineer salary at Facebook dropped from €250,860 to €235,200 in the last year. (I have to include this in, because I see too many CS students who barely completed their degree with a GPA around 3. If you can do with a Transformer Decoder, even better. Both positions were within 10% of each other in total compensation. Contrast this with with Big Tech pay for senior/staff engineer which can be $200k salary plus $200k/year RSUs (I'm speaking of US West Coast). A recent Reddit policy change threatens to kill many beloved third-party mobile apps, making a great many quality-of-life features not seen in the official mobile app permanently inaccessible to users. Your question specifically asks about "the average software engineer salaries in canada ", so that's what I'll answer: 156k is way off for the typical salary in Canada for a software developer. Yes, though 100k is a fairly top level salary in the UK, generally youde need to be Senior / Lead level for a London based company to have a shot at this kind of money. 4 million devs I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. They offered $94k plus 20k bonus and stock options and I also I received an offer from raytheon for 100k (typo) with 10k bonus. G is in person and Amazon is remote btw. 14 votes, 17 comments. Software engineer here with 4. fyi is a popular website used by techies to see what different software engineering salaries are at major companies. 2k Person C: Computer Science, private degree, Cyber Security Engineer $5. I could probably get into big tech making 2x my current salary for reference, but like you have family here. Yes, software engineers get paid a lot to begin with but they hit a ceiling fast. 72 votes, 22 comments. The senior engineers I know all make at least >50k. 2 million in salary. You can make just as much or more as programmers at a top tech company, there's better work life balance plus job security, and there's a lot more programmer Consultant at a bank and these numbers sound way too low. levelsfyi have very good data points for swe salaries So interested in people's view on what sort of salary to expect with following YOE. Senior engineers are making close to 400k total comp. So doubling your salary might be more like 1. I'm currently applying for new jobs and the I'm considering the move to Japan. Please shoot down suggestions. Realistically, most everyone can expect to make it to senior after years of experience. The offer was 50% higher than my current salary, and came in 20% higher than the range I had originally told the HR person I was expecting. A Product Manager, Software Engineer, or Software Development Engineer at a decent tech company or financial institution can make $100-150k straight out of undergrad and work a 40-50 hour work week on average. As a senior software engineering manager at Apple, you will build, develop, and retain a team of software engineers. As long as you don’t join AWS or Alexa at Amazon your WLB is on par with other FAANG. still, you cant compare FAANG with regular SAP positions, FAANG is the absolute top of software engineering, SAP in itself is a regular position. But the salary is a Midwestern entry level one, and I don't see that affording my life in NYC unless I get a NYC-based job. Ex: Is a 70K PM working with 90-120K engineers; numbers pulled from thin air. This is a good deal for you both because all of those companies pay the engineers thousands of dollars for finding more software engineers. Assuming they start work at age 22 at an average starting salary of $85,000. However, there’s a few gaming or gaming adjacent companies that can match the normal FAANG salary or get pretty close. For those that don't know FAANG is Facebook, Apple, Amazon, Netflix, Google. There are senior engineers in witch who make 3-4x more salary than faang. After tax 125k -> 70k and even if you save 30% of that (15lpa) is more than the pre-tax base salary you get in India. Followed by Valencia, Sevilla and Málaga maybe. FAANG you can see: Right out of college you can starting out $180,000+ < 1 Year Mid Level $200,000 to $350,000 < 5 Years Senior $500,000 5+ years VP $1,000,000+ 10+ Years You can see similar results from levels. I'm thinking about trying to get into evening/night at HAAS. . By the end of it though, it's all a numbers game. Source: most of my friends are FAANG or FAANG adjacent engineers. Clearly, most tech jobs are 100% remote nowadays. I'm a software developer with 5 years of experience and I just received an offer for a new job after a few months being on the job hunt. This is for small companies. Overall I’ll have about 1. If your house is $140k, your living expenses likely exceed your mortgage. Salaries of these usually start at around For FAANG, I have co-op experience but it doesn’t seem like they are hiring entry level mechanical engineers (and the largest one there seems to be Microsoft/Google). The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. Eh American Software Engineers are the highest paid. I'm a 28M mid-level engineer currently based in London on a salary of £70k at a FinTech job. maxing a 401k with a $100k salary isn’t easy unless you started immediately after college at 25% or something. Because there are 6yoe senior engineers, and also 15yoe senior engineers. So you will make more eventually if you choose what you like more because you will simply get better faster. I remember a "good" (top company) starting salary for software engineers would have been like $80k-100k, now it's like $160k-200k. The software engineer salary is rank and file software engineeringofcourse you need to get promoted to sr staff. No, no-one is hiring engineers at above 200k. They also pay ~400K - 1M cash. My first year of compensation was maybe 20% more than my previous job, but within a few years my total comp doubled thanks to promotions, bonuses, and stock grants. he has a friend who was just as smart and worked just as hard, who started at the same time but was placed on a team with less career advancement. People are always talking about how Software Engineers have cushy 40 hr work week jobs with high comp but just talk to people who work at Amazon. You get what you pay for tbh, everyone in the industry knows about the quality of outsourced engineers. It's not a rare skillset. The quant job has coding, but you're using it as a tool for data analysis etc vs creating software Hi, I am a software engineer currently working remotely in Michigan and I'm considering moving to Chicago next year. The F100 - FAANG all want to basically hire from the top 10 engineering schools in the US. I want to know how much the discrepancy is (and feel salty lmao; jk I mean calibrate my standard /quality of work accordingly. 2021 Base Salary 2022 Base (if different) FAANG like software company Area: AppSec Senior Security Engineer (L64) on a research team. Other Companies The figure below shows a company-wise comparison of salaries for entry-level software engineers. This is my second job. Mech E is the type of career that you will be steady until you retire. My recruiters for Amazon have suggested that I ask for for 230-250k TC which frankly is insane by pre-pandemic standards, I currently earn less than half of this figure and feel almost guilty asking for this much. S salary, software engineers at top tech companies with 4-5 years of experience typically make 200-300k total comp. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. 5% gross on a $100k salary, which is a LOT to put away. Lol no. I'm also not sure how this works. However, after reading posts from r/cscareerquestions it seems there are many companies in the US that can match FAANG level pay, at least in tech hubs. When I was interviewing for a position that had the salary adjusted for the Spanish market, they told me the bracket for a staff engineer was 85-95k. That means, sure mid-level engineers get paid $400k at FAANG => $33k a month before taxes => $19k a month after taxes. Most jobs you will find are from consultancy companies. The tech industry is a mess right now. Explore our tools to help you get paid more!. Previously at a FAANG. The pay ranges are very wide, and they also overlap at different levels. Also, software engineers have MUCH better work-life balance and can probably spend time going to the gym, hobbies, and actually seeing their SO. The really in demand engineers can make 7 figures at HFT companies but you can get the same TC at FAANG companies once you get to the senior staff and principle levels. he worked there for 5 years and never got Title: Software Engineer Intern Location: Herndon, VA or Remote Duration: I don't remember. Not the person you’re replying to, but both. All about studying and students of computer science. Even . That’s generally how specialization works—your company has an open problem that you’re interested in and then you pick it up and learn the tech surrounding it. With 8 years of experience, it varies from 80M to 100M KRW/year, but some small startups can pay more to be more attractive to potential employees. And yet, I read people here claiming they make barely minimum salary. Probably most data engineers were software engineers that took good opportunities in data engineering when they came up and then remained doing data engineering after. Well, I can answer the money question, as I got offers for all 3 positions (consultant, solutions architect, SWE). I made a mid-career move to a FAANG company after about 12 years of experience, but it was in a niche field and not as a generalist software engineer. Many of the Software Engineers will have huge ups and downs in their income and stability going forward. Person A: Computer Science, local degree, Software Engineer $6k Person B: Computer Science, private degree, Software Engineer $5. Spent 20 years in FAANG now at another large tech company. 35 votes, 33 comments. This is especially true for systems engineers since backend is so in demand. Then focus on #2: get a job, any job, as a programmer. Your average tax rate will be higher if you make more. There's a lot of upside to Amazon pay (particularly long term) because of the growth in the value of the stock. Apparently OAI pays 1M for senior people, but those roles are few and far between. the progression is slow and I think that's been linear over the past 7 years starting with ~120k + 20k cash. Though FAANG in the UK does provide relatively high TC. Yes, most of them are not software engineers but I haven’t heard a single person in my life say “oh, you are software engineers, that’s so prestigious”. Specific industries don’t really matter, the split is between companies where the software is the product vs. 5-5M, your mortgage likely exceeds your living expenses by a lot. Getting more than 50k a year is almost unheard of unless it’s a FAANG or unicorn like Glovo. 270K subscribers in the csMajors community. Company/Industry: FAANG Title: Software Engineer Location: SFBA Salary: ~170k Stock: ~60k/yr (I hear refreshers get better)? Bonus: ~25k Total comp: ~255k Edit: I think stock is a bit higher, and bonus is target, but likely going to be a bit more Engineers, doctors, lawyers are respected much more. Management is the biggest joke in the software corporate world. Staff (12+ YOE) often 600k+. If you want to max your salary go to FAANG. I’ve been hearing of software start ups just completely ditching the middle tier now. SAP is the most valuable European software company in terms of market capitalization. Okay, so we On levels. Salary to house price isn't a great barometer. Please help me by comparing the two lines, I need a few data points. Firstly, excluding bonuses (and specifically stock) biases the comparison against FAANG, since according to Glassdoor your Amazon SDE on 58k will get 16k in stock whereas I doubt the average SWE in Manchester will get anything. Every time I mention leveling in this subreddit, either L{n}, E{n}, or junior-principle, I get questions asking for clarity… Hi all, I've asked this same question in the consulting forum and would love to get the perspective of the other side. My first job paid me 10 lpa fresh out of college. 5 YoE based in Barcelona. want to be as technical as possible. Private health insurance is only really relevant for people who don't earn much. Pay is similar, the biggest difference is that the quant position is at a well-known bank, so has a recognizable name, whereas the SWE position is more directly relevant to SWE if I want to apply to FAANG etc in the future. That's why it's so skewed. FAANG if that even matters anymore)experience in the USA, currently with Texas Instruments, and am considering a move to Vietnam. This effect is amplified in Europe, where there are fewer companies in the same 'tier'. fyi the median salary for software engineers is YOE at a non faang US based tech company as a full stack eng, but if I move elsewhere I could probably Mid career software engineers, from senior individual contributors to senior managers, at FAANG make between $300k and $700k. You could get lucky and find a startup that does a bootcamp -> software engineer program where you work in engineering support for 2 years and get taught how to fix bugs and work as a software engineer. One can earn 12L CTC for 5 YoE as well as 30-50 for 5 YoE. I'm personally pretty happy with this and it seems like a competitive rate compared to my peers. :shrug: The salary of a software engineer largely depends on the industry the company belongs to, not only the employee's experience. A year late with my comment here, but came here to say exactly this. On average a consultant makes more. Of FAANG, Amazon, Apple, and Google are really the three viable ones. I have roughly 6 years professional experience and a degree in CompSci. They actually mention in the article that this is for a PM. And yes, your employer match is almost universally calculated as a percentage of your salary. Median software engineer salary is ~110k. You'll need to work to get through the interview but Sr level engineers are in the 350k+ category. For instance, Netflix has seen the highest growth in software engineer salaries, with a reported 15% increase from 2022. I have friends in tech and it is difficult not to envy them at the junior level. As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. 2k Would love to see a viz for compensation by level, too. Edit: looks like the comment only referred to base salary not total comp. Flexible end date. edit: your link is to Toronto specifically and basically all of the data is from big tech players and FAANG. Top performers can make more. But you co. Recently took the GMAT cold and got a 710, probably will take again to try for 730-50. 5K votes, 166 comments. those where the software supports the product. Thanks! I had the recruiter screen in mid-December, the hiring manager interview in the first week of February, and the two hour-long technical interviews in the second week of February. As you can see, tech firms pay RIDICULOUS salaries - an entry-level software engineer at Google and Facebook FRESH OUT OF COLLEGE pays around $180k, and most software engineers can expect to become a senior engineer in 5-6 years, with a So I tried to do some research, and found on Glassdoor a surprisingly low salary range for this specific company (something like 80k/year for the junior level). I'd like to believe that FAANG can really pay off after working 10+ years, especially with the RSUs, but I don't have that experience or knowledge. DataIsBeautiful is for visualizations that effectively convey information… I don't think your salary comparisons are accurate, for three reasons. Talking about MAANG , experienced people have a base salary of around 25-35 , rest is all stocks and other miscellaneous that inflate the CTC. As for salary, I don't know your specific earning potential as an engineer, but I can give you some real life examples (colleagues, friends, friends of friends) on the patent engineer/agent side. But an engineer at FAANG makes more than a consultant at big4. Yup. I just got an offer for 52K a few days ago. ML scientists/engineers get paid the same as SWE as far as I've seen. Just wanted a safe space from FAANG workers and larpers, how are you getting by on your pitiful salary that is actually close to the median software eng salary? Feb 16, 2025 · Software Engineer Salaries — FAANG vs. People now just use it as a shorthand way to describe top tech companies. Td/RBC pay $75-85k plus 10% bonus to (non-senior) software engineers. In the wild outside of San Fran area most Softies don't make this much. How many software engineers make 7 figure bonuses? Also anecdotally there’s a weird thing about 200k salary, seems like it is a lot more common to offer ~180k for senior engineers for remote jobs. senior engineer) pays ~20M - 30M. I have 1 YOE and live in a LCOL ~ MCOL area. " how the salaries are compared to the top software engineers at FAANG" Not even in the same ballpark, but COL matters, and comparing averages with 99%ers is a bit daft "experience affects pay " From a few random examples I think most companies pay between 2 and 4% per year of experience, after inflation. Have any software engineers here made the move from a FAANG to a quant/systematic trading firm? These are some of the only… I doubt my skills as a software engineer. Mostly for FAANGM giving example of Google here L2/L3 is for college grads L4 is SDE3 for tenured engineers with 4+ yoe L5 is Senior Software Engineer L6 is Staff and so on Also the number that OP mentioned is very much possible For FAANG it depends on how good things are doing and how good you do in the interviews and your perceived future value. Faang and similar tech hold not so insignificant number of dev jobs Median salary wouldn’t be 120k if there were actually 4. Considering moving to Japan as a software Engineer. Software Developer @ Uni x2 ML Engineer Intern @ National Labs Software Engineer Intern @ Amazon ML Engineer @ HR Software Company Company/Industry: HR Software (Declined) Title: ML Engineer Tenure length: ~1 Year Part Time Location: Remote Salary: 130,000 Relocation/Signing Bonus: 7,500 Stock and/or recurring bonuses: 25,000 (Stock not liquid Prior Experience: ~5 years in Software Engineering Company/Industry: Logistics Title: DevOps Engineer Tenure length: ~1 year Location: Remote, restricted to Germany with the possibility to work abroad (EU-only) for some weeks of the year Salary: ~$70k Relocation/Signing Bonus: N/A Other benefits: ~40 days of paid vacation I am 27 years old with 5 years experience in IT working as a software engineer. 3-5 yoe (e. Hi, in Spain i am on the top 10% of earners, i work as a Software engineer(Not FAANG). Search 300k+ salaries for different companies, job titles, career levels, and locations. Principal or higher (very hard to get to) over $1mm/yr. 777 votes, 759 comments. However there are still solution architects / principal engineers on 300-400k I believe. Network. That being said, they very much encourage movement within the company, there are soooooo many open SWE job apps, so if you get a bad manager you can switch easily (although they generally say they want you to give it a year). 6 million, and a significant portion of that is QA and testers. You'll be enjoying high cost of living with terrible salary. Or they go in to management. Levels. But not everyone get as 5% of joining bonus as TC just like i said faang companies like amazon google give 60 L bonus no way its gonna be 5% of TC because 60 L joining bonus means if you have more than 10 crore of TC lol even ceo's in india won't earn that much 320 votes, 208 comments. This is just base salary. ~12ish weeks. Depends on company, domestic vs international, prestige etc. BLS only recognize total SWE jobs at 1. At the senior/staff/senior staff level this could easily be 4-500k/7-800k/1M at a FAANG. > Finance is not about the average it’s about the career trajectory. If we look at top percentile companies - junior software engineers get paid 15-20K base salary then add on bonuses, equity, housing, etc. Barcelona is becoming one of the biggest tech hubs in europe. I am looking for job change and currently earn 24 lpa. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. Staff+ pays 45M+. And that number should be easily achievable for most contractors. If your house is $2. software engineers salary and comp are very skewed by internet and FAANG companies. Salary: $25/hr Relocation/Housing Stipend: None ----- Company/Industry: Tech company working on education related products Title: Software Engineer Intern Location: Sandy Springs, GA Duration: Start May 10th. Not some PhD in ai. Note though: Some FAANG companies will ask to see documents of competing offers, even saying “we will absolutely beat the comp by XYZ, but you will need to show proof”. I worked in both private and government and I'm intimated by the level of skill of my leads and team members with a few years of experience more than me. This is base salary + bonus + stocks. For a BE engineer in a common language (Python or Java or node) I would say 35-45 is a pretty standard range, salaries have gone down a bit with the market, so maybe closee to around 40 per month. Senior Software engineers are at the same salary band as managers/VPs and can earn $120k+bonus. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. they command a much higher salary. For example, so many people who live in NYC making more than 200k or 300k. Yes, but it was never about the quantity of devs in America, it's a talent war and there aren't enough talented engineers to go around. Ask for a raise or get an offer elsewhere. I've noticed Reddit Especially OVER estimates their salaries. Was required for principal engineer but that level was like 1 engineer in 20. Regardless if you are engineer or management, making that much money is usually some sort of capped salary and given a lot of bonus and stock. I started at 47k fresh out of university as a graduate developer. 4k Person D: Computer Science, private degree, System Engineer $4. Honestly the two fields couldn't be more different. Great advice, agree with almost all of it. Base salaries don’t change much. automotive) have a good reputation in the local DACH market. I'm currently debating an offer as a software engineer from a tech giant (think Apple/Microsoft/Facebook) and another as an associate from MBB (McKinsey/Bain/BCG, the equivalent of FANG in the management consulting world). All 3 at different FAANGs, new grad offers. Base: 145k The salary for an Associate Solutions Architect is a bit lower, but in my opinion sounds a lot more fun and intriguing. fyi 2009 was a tough time in general to get a job because of the global financial crisis, so competition was tough and starting wages were poor. That is a common mistake I see on these subs all the time. It depends on how niche is your skill and what demand is there for your skills. 0-3: Software Engineer at a Multinational Construction Company, ~60k 3-7: Software Engineer 2, small health insurance company, ~70k 7-8: Software Engineer 2, Ad Tech startup, ~100k 8-14: Senior Engineer/Team Lead, couple different Ad Tech companies: ~200k 14 (current): Senior Engineer, FAANG, 470k Education: BS CS Prior Experience: 10-15 years Company/Industry: FAANG Title: Senior Manager Tenure length: 3 Location: Toronto Salary: 200k Relocation/Signing Bonus: 0 Stock and/or recurring bonuses: 650k Total comp: 850k I changed jobs about a year and a half ago, and I interviewed for both Embedded Linux and Software Engineer positions with one of the FAANG companies. And yet, from a technological perspective, their reputation is not even remotely close to FAANG. If you only earn 5'000 CHF a month that might be a lot but if you get paid like 10'000-12'000 CHF that's like <3% of your monthly salary. Amazon Seattle fresher gets $125,000 base salary, Amazon India fresher gets 15lac INR. That is, a big tech can easily fire SWEs since they have tons of them, unlike an asset management company. g. In general, I'm seeing salaries that are pretty even across the board for engineering roles, specifically devs, devops, and test. Amusingly enough, Netflix only hires Senior Software Engineers. 55 votes, 20 comments. Title: Software Engineer Title: Software Engineer 2 Location: Texas Salary: 165k FAANG Title: Senior Software Engineer Tenure: 4 yrs He’s right to an extent. Definitely wasn’t emphasized. 0 expecting to receive 6 figures after graduating. Alternatively, you could make this kind of money at a FAANG / HFT style company, though youde still earn way more in the states. Reply reply I assume that salary at BlackRock has a greater upside potential than big tech Since BlackRock is not Big Tech, I am less “disposable” than if I was a SWE at a big tech. ) Google offered $157k (base salary of 106k) and Amazon offered $183k (base salary of $135k). 3)20-80% of base salary in bonus (for simplicity, considering this stock + cash bonus combined). For reference, I make 215k base, 350k TC for a Montreal startup as a senior SDE. MAYBE~ your ceiling is higher but it seems like you’re happy with your current track. YoE does not directly correlate with Salary bro. I haven't met a single engineer who can do that, even the top ranking ML engineers at FAANG, so you'd be the first! For every 10 devs there's probably only one that becomes "team lead" or something else that warrants a significant salary increase. 1. Entry level software engineers will get ~15M. Based on my observations, it seems that engineers working on web services in large tech companies tend to earn more than their counterparts working in embedded systems. true. You will act as a role model for the team when it comes to getting things done, meeting, and exceeding expectations. Nice to see salaries ramping up. Sure, higher level engineers with niche skillsets make more or a LOT more, but not the average ones. The median insurance cost in Switzerland is 330 CHF. I suppose some utilities care more about the pe than others, else times changed. Let’s look at the difference between FAANG companies like Google, Facebook, Apple, and Amazon vs. I'd love any stories or feedback on where engineers went after getting an MBA. It’s normal to be able to command 120k+ in The US and if your a particularly gifted engineer that can wear many hats then you can leverage your efficiency into “over” employment and command 300k, 500k or some are even raking in 1 million. In the US a very competent software engineer can eventually make Techlead or even higher at FAANG/Big N which pays almost as well as quant SWE roles at HFT but with better hours and benefits. “FAANG” is just a term that was coined to describe the most dominant tech stocks and their influence in the tech market 10 years ago, which were Facebook, Apple, etc. ) If you can build a convolutional neural network and train one from scratch from memory in 5 minutes, you'd be faster than 99. When I was in power, the pe pay was only 5% more and, perhaps unsurprisingly, only 1/3 of the engineers had it. What is the salary range for software engineers in Vietnam? I have four years of software engineering (ex. There is no universal definition of Staff Engineer, Lead Engineer, Senior Engineer, Engineering Manager, Engineer 1, Engineer 2, Engineer 3, or even Intern. 21M subscribers in the dataisbeautiful community. At least in my circles, those are all engineering/problem solving roles, requiring varying degree of coding skills, strong problem solving skills, as well as the people/sof On the other hand Amazon employs 840,000 employees and Google 120,000. Hello; I just received an offer from jp morgan chase as an entry level software engineer 1. Hey, I have heard from multiple people that a PhD in CS can actually be detrimental to job prospects as many companies won't… I'm currently working for a small software company, I use React and MAMP stack, it's a good and chill company and my first job. Unicorns and faang pay much more. Apr 19, 2021 · While this may seem like a high compensation compared to the median U. The salary is kind of capped at 150k for a senior data engineer role where I live here and when I read this kind of article, it makes me wonder if this is a rare case or quite normal for data engineers with good experience to expect 200k+ for a perm employee. In what universe is an average software engineer worth much more than $150-$200k? You couldn't spin around and throw a rock without hitting one in the Bay. Have put my estimates as well, but these may be way out as don't have much experience or data sources. 150-200 for consulting and IB. Tier-2 companies Cisco and IBM. I am mainly posting this here because I assume there's a high concentration of FAANG engineers who could give me good advice. I am looking for the job profiles and the companies in India that pays the highest at this level of experience for software engineer. Decent work-life balance (Avoiding 80-hour workweeks when possible) Dec 9, 2024 · 26M here from Adelaide, software engineer with 3 YOE earning $100k. Focus on the easiest one: the referral. you can have wildly different experiences at all these companies. its like asking why does a manager at British Petrol earn more than a managaer at my local mcdonalds 30m Non-FAANG software engineer Started web development full time in 2020, before that I was a part time personal trainer at a gym and going to school. New grad - 1 YOE - £40k avg - can get £70k at places like Bloomberg, FAANG etc 3 YOE - £60-70k - if at Bloomberg FAANG etc maybe £90-100k Software engineer is very broad as anyone can call themselves SWE. Software Engineer: Education: Bachelor's degree: 4 years, assuming $100,000 in total cost. Half the time they’re just trying to make themselves valid and in doing so just usually piss of the engineers doing the work. Obviously, there's outliers like FAANG, but unless you honestly believe that you're FAANG material, you shouldn't be expecting FAANG salaries. Not every FAANG or FAANG-like is equal here, but yeah the pay is usually considerably higher than 'regular' companies. uld be a software engineer in the same company for 10 years and have a very narrow skillset because of the lack of varrying technologies in the company The biggest thing you're missing is roles with the same name have different levels of responsibility between the companies. For those of you that are engineers that work in tech, how does the Chicago tech scene in terms of job opportunities and income potential (not a major concern just curious) stack up compared to bigger hubs like NYC, SF, LA, and Seattle in 2023, particularly when fully "remote Posted by u/askingaquestion33 - No votes and 2 comments For 200k+ a year I would hope you could use google, job postings, and looking at average incomes before coming to reddit to ask. Glassdoor is just median salaries. You get a lot more stocks in USA than India so you save a lot in USA 130 votes, 69 comments. We would like to show you a description here but the site won’t allow us. Your case probably best to start at an international company and transfer in after 3-5 years. Over time, this could increase to an average of $105,000 per year. Feb 16, 2025 · Senior Software Engineering Manager, Apple Average Annual Compensation: $250,000 PA. However, your experience 100% depends on your manager and greater team. I've worked at AWS as a Software Development Engineer for over 5 years now. Moreover, the average salary at FAANG companies is significantly higher than that at smaller firms. I’m a data scientist at the lower end of mid career and I’m trending towards $400-450k this year depending on the stock market. I have passion in both and don't know where to start off my career. Whereas grabbing FAANG or HFT is slim to none for me. Last year and this year, many companies are opening tech hubs in the city, making companies compete for talent therefore increasing avg salary. But market is changing. Edit: Google can and does hire for front-end/full stack positions. They do not have positions and do not hire for intermediate or junior level engineers. So, after 10 YOE in tech I am firmly in the HENRY territory with £130k base as a Data Science manager. The annual limit is $22,500, which is 22. Most comp is in stock. Hi people, I am currently working as a software engineer in FAANG, and am contemplating moving to the quant research careers in the trading industry via a Masters in Financial Engineering / Computational Finance. Over 40 years of work (from age 22 to 62), the software engineer will have earned about $4. Sep 15, 2019 · When people refer to FAANG, they implicitly include top-tier companies like Microsoft in it. PHD in physics, 4ish years as an agent -> saw offers of up to 180k (1800 billable) during his last job search. In the link below you have a distribution of the net salaries, top 10% is about 200K(around 135K year/11K monthly after taxes). Where else can an above average but not genius engineer make 200k starting salary right out the gate? By going to a T14 the odds are even higher. Graduated high school in 2012 -- odd jobs/part time work until 2017 when I started at the gym. The startup would have to have an exit in the hundreds of millions for the payoff to be the same. 15-1032 Computer Software Engineers, Applications 15-1041 Computer Software Engineers, Systems Software With "Computer Programmers" being entry level who were overseen by Computer Software Engineers who either worked on applications or operating systems. I would say for top 10% of engineers it's doable to achieve 190k-225k in base salary. The likes of Deloitte, Indra, you name it. 300-400k in total comp for FAANG/Bay Area startups/etc, seems totally doable. 99% of the engineers at FAANG. 8x your salary while doubling your expenses. e. I'm writing to ask for insights on the salary prospects for embedded systems engineers compared to those in web applications software engineering. After more years, senior engineers make ~130k and for many companies the only way up from there is management. The salaries and compensation at the banks are low (especially if you're in a non-technical or non-people manager role), there is a lot of red tape and bureaucracy, old/slow technological tools and applications, and in many non-technical fields, no room for growth or further opportunities. With few exceptions, a good rule of thumb is that of your company existed or could have existed before 1960 (and hospitals and insurers both did), then Overall good company that takes care of their employees. I do definitely. Finding a job in Madrid / Barcelona is relatively easy. Usually under 300k. OP didn't even specify any details regarding the level and stuff like that. You can’t code on 500k even in USA. You’ll take a paycut for post mba roles. People who tend to make a shit ton usually have lower IQ than people who work as, for example, a college professor, or a civil engineer, or a software developer. The German DAX30 companies that have products with software in it (e. So 80k for an engineer position sounds very low to me. my brother has worked for google for about 7 years, started out around $150k (very high salary for a SWE back in 2015) and now makes $550k. Find someone who works at each of these companies who's willing to put your resume in. That being said - you can expect the following immediately: 1) ~15K improvement in overall benefits + 401K matching 2) similar base salary. 5 years of experience before graduating in FAANG robotics and Medical Devices. 175 votes, 51 comments. Tier-1 companies Oracle and Microsoft vs. But FAANG wasn’t coined based on pay. Who else hires embedded software engineers? Boeing, Garmin, Microsoft, GE, SpaceX, Tesla, Valve, HTC, Nintendo, Sony, a zillion defense contractors, Agilent, Tektronics, etc etc etc Lots of great companies that are not FAANG. I am being offered a full time position in an energy company in Brisbane for 135k + super. Senior+ to Staff level pays 25M - 40M. My team leaders have been generally happy with the level of work I produced but I definitely don't feel like I'm FAANG level. 730 votes, 72 comments. but hey Airbnb starting salary is 230k and same as a principal mech engr in my company . Rule 2: Do your own research, we assume you are coming in exhausting all your possible methods of research. However, not all FAANG companies have increased their software engineer salaries at the same rate in 2022. I am not even solving technical problems anymore, very little people do at that level, even in google. A well payed senior engineer can make similar TC at a FAANG company when you add on RSUs. I'm trying to figure out what the career path is for software engineers who get MBA's. kyckzxj blbgcaqq dtenx vrgnce sjz lgyojm wsew hhgu mxqmmrh ussronx ldqb igti irs spwev blql