4 ms·
I suspect that SWE is becoming a bi-modal field. We often talk about SWE salaries pushing mid-> high six figures, but this is only true for experienced profess
by lumost 5y ago
I suspect that SWE is becoming a bi-modal field. We often talk about SWE salaries pushing mid-> high six figures, but this is only true for experienced professionals working in very successful companies benefiting from large stock appreciations.
If the stock market was falling/flat for a few years SWE comp would not be as high. By definition, most SWEs will not work at Netflix. The current situation of stable, well paying, and public tech companies is unlikely to persist indefinitely.
- decafninja 5y agoI suspect the average US "Senior SWE" is lucky to retire after decades of work having broken $200,000 compensation. For every 20-30-40something FAANG engineer making $300-500k+, there are legions upon legions of SWEs working at IT-as-a-cost-center non-tech companies making a fraction of that amount.
- tfehring 5y agoYeah, that's a factor too. The actuaries had way better salary trajectories than the programmers we worked with when I was at an insurance company in the Midwest.