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No it definitely does not. A GS-15, whose job duties would be equivalent to a CTO or principal engineer in private sector, makes _at least_ 3x less than the goi
by nunez 2y ago
No it definitely does not. A GS-15, whose job duties would be equivalent to a CTO or principal engineer in private sector, makes _at least_ 3x less than the going rate. You are correct in that gov benefits are incredible.
- tivert 2y ago>> Government pays IT fairly well compared to 95% of all IT jobs. It’s not paying FAANG wages, but more time off, less overtime, and pensions make direct salary comparisons misleading. > No it definitely does not. A GS-15, whose job duties would be equivalent to a CTO or principal engineer in private sector, makes _at least_ 3x less than the going rate. You are correct in that gov benefits are incredible. What's the government pay for a senior engineer, and what's your number for an equivalent private sector salary?
- beretguy 2y agoI’m in gov making 55K. My friends in private make 130K+.
- Retric 2y agoAre they doing similar jobs near you? The cost of living adjustment hits 45% and that’s arguably low for San Francisco.
- alephnerd 2y agoThat's very low for a GSA role. Are you state or local government? Base salary for most GSA SWE roles tend to be around $70-140k base (GS-7 to GS-15). I don't think I've ever met a sub-GS-7 SWE outside of those working on a military base directly or via a non-trad veteran hiring program.
- Retric 2y agoIt’s important to realize senior government roles are bumped up by years of service and local cost of living. CTO’s pay varies wildly but the average is only ~175k you can make more than that in government. Yes Google’s CTO makes vastly more, but there’s 1,000 local banks for every Google. https://www.payscale.com/research/US/Job=Chief_Technology_Officer_(CTO)/Salary https://www.payscale.com/research/US/Job=Chief_Technology_Of... In Arlington VA you’ll cap out at 33.26% over the GS-15 step 10 so 160k * 1.33 = 212k and someone with 40 years of service is looking at a 212 * 0.011 * 40 = 93k per year pension at 62 which then gets inflation adjustments. There’s people making 3x that but not that many of them.