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Is the market rate really >$200k for "low level software engineers"? I know a lot of them, even some that are working at Google, and my impression is that $200k
by swift 10y ago
Is the market rate really >$200k for "low level software engineers"? I know a lot of them, even some that are working at Google, and my impression is that $200k is quite high for someone in that category.
- mwpmaybe 10y agoThe point is that an entry-level engineer can make $200K at e.g. Uber (think $120K base + $80K equity), so for a newish company (with near-worthless equity, per the advice in this thread) to match that, they would have to pay $200K base.
- emodendroket 10y agoI guess he means total comp, which makes it a little less out there, but I still wonder.
- geofft 10y agoMarket rate seems to have gone up again in the last little bit. Yes, that salary is within reason for (good) non-senior candidates at big companies.
- maverick_iceman 10y agoYes I mean total comp including base+bonus+equity.
- Epenthesis 10y agoAt Google, assuming what I saw was representative, 220+ k$/yr in total comp (salary + bonus + RSUs) was the standard last year for one promotion up from new grad (SDE IIIs). (Note that Google RSUs, unlike Uber's, are convertible to cash immediately upon vesting.)
- ryandrake 10y agoIt is very high, of course, but this is HN, where everyone knows some friend's roommate's brother who makes $200K at Google--therefore $200K must be the going rate for software engineers everywhere in the valley. I highly doubt that there is a significant number of engineers outside these few outlier companies making those figures.