4 ms·
There's a wide range of salaries. The highest paying companies will pay $175+ to a new grad. A of jobs pay $200k+ with equity for senior engineers.
by chris11 6y ago
There's a wide range of salaries. The highest paying companies will pay $175+ to a new grad. A of jobs pay $200k+ with equity for senior engineers.
- sgtnoodle 6y ago175K seems kinda crazy unless that's total yearly compensation including equity. These days even interns are making 80K+ though. The crazy SV money is in getting early equity in a company with enough secret sauce to make it long term, though, and those opportunities don't usually come with big salaries right away. It's also a very high risk way to be compensated. If you are in the position to do so, I suggest focusing on finding a job that's a good fit for your skills, work style and risk tolerance. Let the compensation details fall into place from there. Assuming you've joined a good group of people working on a real project, things will probably work out. (You of course need to be responsible for yourself and understand your financial situation. It's too easy to miss a deadline and lose equity options, for example.)
- chris11 6y agoYeah, I'm including equity. Equity at a public company like Google is liquid and easier to value. But usually new grad offers don't include a lot of equity. I'd say that pre-ipo unicorns can also be a great option if it's available to you. Base salaries are usually high, and equity can end up being really valuable. Recent IPOs have made a lot of millionaires. But I do agree with you, it's high risk and there's a lot of luck involved. And it's much more important to find a job that's a good fit for you.