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The norm is to double or triple salary between graduation and much experience. Remember that costs is more than just salary. In SF/NYC, juniors can start under
by user5994461 9y ago
The norm is to double or triple salary between graduation and much experience. Remember that costs is more than just salary.
In SF/NYC, juniors can start under 100k, seniors can go over 300k. Either number could go either way, let's not argue about who got what. The point is, there is a LARGE multiplier.
I recall one friend in London, in a junior position. Left his company because of bad conditions and bad pay. One of his last assignment was to interview some possible replacements. There was one senior guy 20+ years of experience that was great, the company made an offer for around double his own salary.
Do you know what happened? The guy declined.
Guess what we found out later? He joined another company that offered him around three times that double.
Young folks don't realize how expensive experienced folks can be.
- Clubber 9y agoSo 10x to 5x to 3x, which isn't really a large multiplier. Also, a guy worth $300K is a "large multiplier" more valuable than 3 entry level juniors at $100K.
- shard 9y ago3x the double gives 6x.
- user5994461 9y agoYes and that's ignoring the compensation in bonus/RSU/healthcare.