4 ms·
I mean new grads still regularly make more than 180k at top tech companies...
by akhilcacharya 9y ago
I mean new grads still regularly make more than 180k at top tech companies...
- wishart_washy 9y agoThis is an exaggeration. Total compensation for returning interns at FANG may approach 120k salary, with stock plans and bonus compensation that max out at 20k additional value per year. Even algorithmic trading or strats-quant positions rarely broach 140-150k for recent graduates.
- akhilcacharya 9y agoFor the first year, maxing out at 20 is incorrect if only for my own case at the A. Mine is closer to +40. At F it can be anywhere from +113 per year or more for converting interns and even better if you can negotiate at G, I’ve heard numbers going up to 200tc. This is just including signing, not year end which can be even more but I’m not as familiar with that at other companies. At least from my recollection, JS/2S base approach that but have very significant performance bonuses that easily match big tech.
- jcadam 9y agoHmmm.... wonder if I could pass for a new grad. Would need to do something about this grey hair. And the wrinkles. And the attitude.
- akhilcacharya 9y agoI mean, even lower-tier companies like Amazon pay that much for SDE2's these days. Its just a function of how much wages have gone up recently.
- jcadam 9y agoAh well, I'm making ~$140k (salary) here in Florida. The Nerd Wallet COL calculator says that's equivalent to ~$260k in San Francisco (or $210k in Seattle), so maybe I'm doing alright :)