5 ms·
What companies are offering $250k/year for engineers?
by stevebmark 5y ago
What companies are offering $250k/year for engineers?
- yellowbkpk 5y agoAt least Facebook, Apple, Amazon, Netflix, Google, Microsoft.
- ArchOversight 5y agoWhen you add up salary + benefits + workplace amenities + taxes + software licenses and whatnot, you get there mighty quick.
- stevebmark 5y agoI don't know what you mean by taxes, my question is about 250k base, excluding bonuses, stock, and excluding the supposed monetary value of benefits/training/travel/home office whatnot
- golover721 5y agoIn the US, companies are responsible for paying 50% of the medicare and social security taxes for each of their employees.
- InvaderFizz 5y agoThe statement was that the engineer is a $250k asset to the company. Rule of thumb TCO for headcount is 1.5-2x salary to account for taxes, Medicare, health insurance, equipment cost, licenses, office square footage, stock options, travel, etc. So a $250k asset from a business perspective is typically someone that makes $125k-$165k.
- adolph 5y agoTCO ain't paycheck offer Salary + Taxes (Payroll, etc) + Fringe (Healthcare, etc) + Dev licenses + Training/conferences = paycheck * (n > 1.5)
- cebert 5y agoIt seems like 200k+ is pretty typical for Engineers with at least some experience even in less hot markets like the Midwest. I know several developers in the Metro Detroit area making more than 200k base.
- hda111 5y agoIn Germany this type of experience would be paid 50k. So the license fee will hit be costly here.
- hiram112 5y agoAre you talking about total compensation where you add base salary, payroll taxes paid by employer, health & benefits, 401K contribution, possible bonus & equity, etc? I see $160K salary ceilings for general "senior engineers" for vast majority of non-FAANG companies in high COL East Coast city, so I'd imagine midwest is $25K less since housing is so much cheaper. But maybe salaries are really exploding, and I just haven't been paying attention.
- bazooka_penguin 5y agoPretty much any company operating in a major US city.