3 ms·
Even that seems low. New college grad going to a large tech firm can make 200k these days.
by bushbaba 3y ago
Even that seems low. New college grad going to a large tech firm can make 200k these days.
- nicechianti 3y ago[dead]
- bagacrap 3y agoI think that's only true if you pretend the equity grant all vests in year one. In reality it takes some time, so you won't get that amount until after several years at the company.
- dmoy 3y agoI think it depends on if it's like Facebook or Amazon. FB probably is paying $200k or close to it for first year vesting only. Amazon, probably not.
- scarface_74 3y agoAmazon has a back heavy vesting schedule and the first two years you get a large prorated signing bonus to get market rates.
- whimsicalism 3y agoyou’re wrong about that
- explaininjs 3y agoMSFT starting TC is ~250k.
- zeusk 3y agoIt quickly decays to around 150-180k; the refreshers and bonus are lousy <L63 at MSFT.
- explaininjs 3y ago"quickly" being 4-5 years?
- zeusk 3y agoQuickly being, 1 year and can go lower after 3 years if you don't get a SSA.
- explaininjs 3y agoDon't know what an SSA is. But I've seen flat/gently-increasing payout curves over 4 years, ~250k each.
- zeusk 3y agoI worked at MS for 3 years after undergrad, My first year was 221k, 180k, 191k and would've been ~185k for Y4 then 160k after cliff. SSA is Special Stock Award given arbitrarily (M2s are not sure or have any say in who/how much to be given) but believed to be used for retention by HR. Annual stock refreshers for <L63 at Microsoft are in the range of 0-20k vesting over 5 years. I chose to move to Amazon then recently Apple.
- whimsicalism 3y agofalse e: really for HN i would think people had a better sense of the market, i am seeing wrong statements all over the place L59 at MS is absolutely not paid $250k
- ivalm 3y agoMedian is much lower, but I know a few ~$230k. Basically top school/good internship/competing offers.
- whimsicalism 3y agoFar cry from the starting pay being $20k above that, which is blatantly false.
- ivalm 3y agoagree, totally! but also worth noting that there are a bunch of freshers who get paid more than "principles" in non-tech companies.
- explaininjs 3y agok e: I know for a fact TC for a new hire in 2019 straight out of college with a BS was 250k, just because it doesn't match what you have seen doesn't make it wrong
- whimsicalism 3y agohttps://www.levels.fyi/companies/microsoft/salaries/software-engineer/levels/sde https://www.levels.fyi/companies/microsoft/salaries/software... There are 100 pages of salaries for level 59 reported here. If you made $250k starting, you would be in the 99.5%-ile. So yeah, not common at all. I don’t doubt that TC for some individual new hire you know was $250k but that is different from your claim about starting TC, you can easily look at the levels.fyi bands, and I know multiple people at Microsoft that are paid less than $200k out of college. FWIW i was also paid $250k by MS out of college, but that is because I worked for a subsidiary. It is not the starting TC at MS proper.
- scarface_74 3y agoAnd that’s not representative of most of the 2.7 million developers working in the US. Check out comp for most “enterprise” jobs at banks, insurance companies, SaaS companies or even many YC companies.