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250 total comp is a fairly junior engineer offer. College grads can easily pull down 120k in salary alone. Then there's equity, benefits, 401k matching, signing

• guessmyname 4y ago
  > 250 total comp is a fairly junior engineer offer. College grads can easily pull down 120k in salary alone. Then there's equity, benefits, 401k matching, signing bonuses, etc. According to Levels FYI [1] the average (total) compensation package at Apple for a Junior Software Engineer is U$162k in 2022 (data points skewed to Californian employees). That website shows 33 self-reported compensation packages in 2022 from people hired as ICT2, which is how Apple categorizes junior programmers. The highest compensation package is U$229,125 from someone with knowledge in Machine Learning / AI knowledge, their base salary is U$140k and the rest is RSU (U$37k per year, for 4 years) and a one-time signing bonus of U$52k. The lowest compensation package is U$96k (only base salary, no RSU, no signing bonus). Then, based on these 33 data points of ICT2 who joined Apple in 2022, the average (total) compensation package is U$157k, with U$124k being the average base salary. I will not say that junior programmers can not get a U$250k (total) compensation package, maybe those with a Masters degree and/or very specialized skills, but to say that “250 total comp is a fairly junior engineer offer” is a ridiculous exaggeration. [1] https://www.levels.fyi/companies/apple/salaries/software-engineer/levels/ict2 https://www.levels.fyi/companies/apple/salaries/software-eng...
  • hgsgm 4y ago
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