4 ms·

>I have only three years of experience as a software engineer. I made over $200,000 in 2016. What do you do?

by rublev 10y ago

umanwizard 10y ago
I am a software engineer at a top tech company.
- martin1975 10y ago
  Netflix in the Bay Area?
  - umanwizard 10y ago
    No, but my guess is that they pay similarly well.
    - vostok 10y ago
      My guess is that they pay much more.
      - umanwizard 10y ago
        Well, maybe. I really have no idea. But even if I could get a job there and make more money, I strongly prefer not to leave NYC for the Bay Area.
sulam 10y ago
If s/he works for a public company, this is totally in line with total compensation at that experience level after you factor in stock. There are many places where you can get this level of comp. Of course, your stock package has to be worth something -- this person is almost certainly not getting over $200K in base salary alone, and if they are I would echo your question -- "what do you do?" -- and add another -- "who do you do it for?"
- umanwizard 10y ago
  Yes, this includes stock, which is effectively the same as cash to me since I always sell it immediately when it vests. (Not because I don't believe in my company, but just because I don't want to put all my eggs in one basket)
- xenadu02 10y ago
  Yes indeed; for senior engineers base salary approaches $200k, excluding bonuses and RSUs/options. RSUs are in the $50-$200k/year range depending on many factors. The general expectation is a top-up at least 50% of signing RSUs per year each year, so as the vesting periods stack up you can end up earning more in stock in years 4+ than in salary. YMMV on all this. A new college grad isn't going to get that kind of deal in most cases. It also helps to interview and get multiple offers. Once hired you're typically expected to work hard and demonstrate the value you add to the business.
chrisper 10y ago
He probably included the extra stuff, like equity, bonuses etc. and not just the salary.
- umanwizard 10y ago
  Of course, why wouldn't I? I immediately sell all the equity I get, so it's effectively the same as cash.
deleted 10y ago
[deleted]

>I have only three years of experience as a software engineer. I made over $200,000 in 2016. What do you do?

by rublev 10y ago

>I have only three years of experience as a software engineer. I made over $200,000 in 2016. What do you do?

umanwizard 10y ago

I am a software engineer at a top tech company.

martin1975 10y ago
Netflix in the Bay Area?
- umanwizard 10y ago
  No, but my guess is that they pay similarly well.
  - vostok 10y ago
    My guess is that they pay much more.
    - umanwizard 10y ago
      Well, maybe. I really have no idea. But even if I could get a job there and make more money, I strongly prefer not to leave NYC for the Bay Area.

sulam 10y ago

If s/he works for a public company, this is totally in line with total compensation at that experience level after you factor in stock. There are many places where you can get this level of comp. Of course, your stock package has to be worth something -- this person is almost certainly not getting over $200K in base salary alone, and if they are I would echo your question -- "what do you do?" -- and add another -- "who do you do it for?"

umanwizard 10y ago
Yes, this includes stock, which is effectively the same as cash to me since I always sell it immediately when it vests. (Not because I don't believe in my company, but just because I don't want to put all my eggs in one basket)
xenadu02 10y ago
Yes indeed; for senior engineers base salary approaches $200k, excluding bonuses and RSUs/options. RSUs are in the $50-$200k/year range depending on many factors. The general expectation is a top-up at least 50% of signing RSUs per year each year, so as the vesting periods stack up you can end up earning more in stock in years 4+ than in salary. YMMV on all this. A new college grad isn't going to get that kind of deal in most cases. It also helps to interview and get multiple offers. Once hired you're typically expected to work hard and demonstrate the value you add to the business.

chrisper 10y ago

He probably included the extra stuff, like equity, bonuses etc. and not just the salary.

umanwizard 10y ago
Of course, why wouldn't I? I immediately sell all the equity I get, so it's effectively the same as cash.

deleted 10y ago

[deleted]