3 ms·
Average US salary for SWE is 10-12k/month. Fully-loaded cost (what they spend) is 1.5-2x salary so that's not an unrealistic number
by conradkay 1y ago
Average US salary for SWE is 10-12k/month. Fully-loaded cost (what they spend) is 1.5-2x salary so that's not an unrealistic number
- pier25 1y agoSo you're arguing about the top 10-20% earners in the US? Also the world is much bigger than the US.
- vel0city 1y agoThe point is you don't have to have FAANG salaries to hit $20k/mo in cost to your employer. Tons of software developer jobs in the US for non-FAANG tier or unicorn startup companies are >$100k and easily hit $120-150k. Also the fourth quintile mean was like $120k in the US in 2022. So you'd be in the top 30% of earners making that kind of money, not the top 10%. https://taxpolicycenter.org/statistics/household-income-quintiles https://taxpolicycenter.org/statistics/household-income-quin...
- pier25 1y ago> unicorn startup companies are >$100k and easily hit $120-150k. So still way below than $240k, no? > So you'd be in the top 30% of earners making that kind of money, not the top 10%. Maybe you missed it but I actually wrote "10-20%". Also in 2024 earning $100k puts you in the top 20% of the US population. https://dqydj.com/salary-percentile-calculator/ https://dqydj.com/salary-percentile-calculator/ (which is already way above even the EU for dev salaries)
- vel0city 1y agoYou dropped off the "non" part of that. It's the non-Unicorn software companies easily paying $120k for a seasoned software developer in the US. Also, I noticed where our sources diverged. I was looking at household income. My bad. > which is already way above even the EU for dev salaries Maybe they're underpaid. Either way, I was responding to the idea that only a FAANG salary would cost an employer $20k/mo. For US software developer jobs, it can easily hit that without being in FAANG-tier or unicorn startup level companies. Tons of mid-sized low-key software companies you've never heard of pay $120k+ for software devs in the US. The median software developer in Texas makes >$130k/yr. Think that's all just Facebook and Apple and silicon valley VC funded startup software devs? Similar story in Ohio, is that a place loaded with unicorn software startups? Those median salaries in those markets probably cost their employer around $20k/mo. https://www.ziprecruiter.com/Salaries/Senior-Software-Engineer-Salary--in-Texas https://www.ziprecruiter.com/Salaries/Senior-Software-Engine... https://www.ziprecruiter.com/Salaries/Senior-Software-Engineer-Salary--in-Ohio https://www.ziprecruiter.com/Salaries/Senior-Software-Engine...
- hagbarth 1y ago>So still way below than $240k, no? No, fully loaded cost of an employee is 1.5-2x salary
- drodgers 1y agoYes, this product mostly only targets the top 20% of US earners. That's a lot of people, and a lot of HN readers especially.