3 ms·
3-5X? What country is this? Typically in Silicon Valley there's a rapid rise in the first 5-7 years and then it gets pretty flat (say, 1.1X or 1.2X not 2-3X) un
by svachalek 10y ago
3-5X? What country is this? Typically in Silicon Valley there's a rapid rise in the first 5-7 years and then it gets pretty flat (say, 1.1X or 1.2X not 2-3X) unless you're actually taking on a bigger role (and thus getting paid for those responsibilities rather than "experience" per se).
When you look at it from a company cost perspective, the ratios get even smaller. The fixed costs (desk, power, healthcare, etc) are pretty much the same no matter the experience level of the engineer.
- cyrux004 10y agoAt Microsoft, annual compensation for entry level hire is around 130k (W2 box #2) where as for the principal engineer that figure is atleast 350k
- notacoward 10y agoSo less than 3x compared to entry level, probably less than 2x compared to someone with 5-7 years.
- aanm1988 10y agoPrincipal isn't a level most people reach, and has better salary.
- drchickensalad 10y agoPrincipal is not normal.
- psyc 10y agoJesus. When I started in '06, my total comp was 82k. My last year, 2010, my total comp was $115k. I managed to be both too late and too early to that party.
- ryandrake 10y agoExactly. I actually left software development after about 15 years. I think my salary progression was pretty typical: First 5 years = ridiculous year over year growth, including getting raises without having to change jobs! Next 5 years = slow growth, generally have to change jobs in order to get a raise. Next 5 years = flatline, cost of living increases only, IF THAT. I don't know any other professional field that plateaus this quickly.