Swe salary reddit.

Swe salary reddit Sep 12, 2024 · The salary is already really good and it comes with a sign on bonus. Bytedance should be much higher because they give a fat base salary and up to 25% annual bonus based on individual performance. More info about the salary survey can be found on the subreddit wiki. 48/hr Relocation/Housing Stipend: $3k This is actually medium COL, but I didn't want to give too much detail about it: Company/Industry: Return Offer Title: SWE Intern Duration: 12 weeks Salary: $31/hr Relocation/Housing Stipend: $2k It's not all salary. B. Top percent they are paid much less. We would like to show you a description here but the site won’t allow us. Get the Reddit app Scan this QR code to download the app now. I’m in western NY for comparison but lucky enough to be fully remote. Got a new grad SWE offer at $160k/yr + minimal bonus. SWE at FAANG is prestigious but there’s tons of other SWE jobs. You can also get 150k+ at the elite companies like FAANG, top quant/HFT shops and other top tech companies, but this isn't the norm. But SWE salaries would be much higher, prob 70k average Reply reply [deleted] • $70k is about average for entry level SWE now, not for jobs in general in the US The base salary that they offered me is 88K with a sign on bonus of 8K and a potential year end bonus of 5% performance bonus (I’m not considering this in my TC because it is not guaranteed). Company/Industry: SF-based Unicorn The average range for NYC entry-level is like 80-120k for non-tech companies, big finance companies (like banks), smaller tech startups. A top SWE generates many, many millions of excess value for a company, so they pay out the nose to attract and retain the top SWEs. 1st Tech stack: Rust and Erlang Total comp: CA$155k Company: Haven Studios Title: Software Developer Tenure length: Didn’t take the offer Location: Montreal (hybrid remote) Salary Hello, I've accepted an entry level software engineer role at $110k in the silicon valley area. The survey and response spreadsheet have been updated as of November 23, 2018. Jan 14, 2022 · Im currently a SWE at a top prop trading firm in London (ignore my title) and while the pay is indeed very high starting out (~£200k+), the comp progression still pales in comparison to what the traders can earn. Most of them end up slightly overpaid, because that's the cost of attracting/retaining the rockstars. I am still not sure. Share your current compensation and review the data submitted by other users in the two links above. So, is the salary data on Glassdoor inaccurate? If I had to guess I'd say the current max would be about 1. fyi is a popular website used by techies to see what different software engineering salaries are at major companies. The salary is 90k plus a 5k sign-on bonus. Also it’s vested over years and completely controlled by OpenAI, not available all at once. Please can you advise on what should my expectations be regarding the salary as an Entry Level SWE or any other dev role? My credentials: Education - 3 Year Advanced Diploma in Software Engineering with 3. In a low CoL area you might make 10% less than those listed figures but that’s still huge especially when you don’t have crushing housing costs. My E3/E4 salary at Meta (circa 4 years ago) went: $110k -> $121k (GE) -> $160k (E4 promo) E3 salary these days based on levels fyi seems to be around $137k, with $37. 244K subscribers in the csMajors community. Hello; I just received an offer from jp morgan chase as an entry level software engineer 1. What does the salary level and growth look like for devops engineers, and how does it compare to that of SWE? I've heard from a senior SWE friend that Devops engineers make about as much as SWE at entry/early levels in their paths, but in order to keep up in pay down the line, devops engineers usually have to move up to management (and away from a hands-on technical role) while swe can stay in I was looking at SWE salaries from all the big companies in Ireland, and noticed that for Juniors and mid level(1-3 yoe, 4-6 yoe), Amazon is at least 20k ahead of the other top paying companies like Google. To do the math, that guess would put an ASE today at $47,500 - $98,000. IB is a ‘prestigious’ finance job but there’s a ton of other finance jobs. Took the BB offer instead. Highest I ever made as a dedicated SRE is 190. Now at the ripe old age of 49 as a senior SWE with 27yrs of experience I am on 60k so am quite shocked that a new grad, wet behind the ears with zero experience would get 80k!! PM salary will never match SWE salary. Have been IT since and worked with many blue chip companies, banks etc. All of these paid min wage for their respective locations. The interview are harder because they potentially cover both SWE and ML questions and the pay is usually the same (or even lower due to surplus of applicants). : Tech product company perspective. Traders make WAY more than swe in every single firm. All in all, I feel bad for fresh SWE grads. As you can see, tech firms pay RIDICULOUS salaries - an entry-level software engineer at Google and Facebook FRESH OUT OF COLLEGE pays around $180k, and most software engineers can expect to become a senior engineer in 5-6 years, with a compensation around $350k - $380k. reddit's My salary for the last 4 years was 72k, didn't get a raise for that 4 years, then a year ago I got offered a PCB design job for 90k but my job offered me 95k to stay. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. They just don't post on Reddit often. The SE2 row is up to date, as of this post. Which is equivalent to $70k in the Midwest. Embedded also comes with the bonus of increased job security because of the inherent difficulty to enter the field and shortage of skilled devs compared to webdev. they kept poaching the limited talent pool from each other which drove up salaries. This is using example of salary on the lower end in the US. That being said, they very much encourage movement within the company, there are soooooo many open SWE job apps, so if you get a bad manager you can switch easily (although they generally say they want you to give it a year). Also traders have career potential to be managing directors and c level at the firm, meanwhile a SWE will never have that opportunity at a trading firm. A subreddit dedicated to San José, California, the heart of the Silicon Valley. Hello, Apologies if this isn't the right subreddit! This post was removed from r/Korea and this subreddit seems to be the one listed on the wiki there. /r/SanJose will be going dark between 12-14th June in protest against Reddit's API changes which will kill 3rd party apps like Apollo, Reddit is Fun, and BaconReader. Prior Experience: 2 SWE internships Company/Industry: Banking / Financial Services Title: Software Engineer Location: New York City Salary: $100k/year Relocation/Signing Bonus: $20k Stock and/or recurring bonuses: none until guaranteed promotion in 2 years Total comp: $120k year 1, $100k year 2, TBD after I don't know what it is about reddit but all those $200,000+ SWE posts are not the norm. So annual, compensation is around $198k/$269k SGD Let’s say tax is 30%, take home is $188k, around 15k a month. ¯_(ツ)_/¯ I used to work at Google and interviewed a fair number of L4/L5 SWE candidates from Netflix during my time. They're led to believe these big salary jobs are normal and tech layoffs are rare. For Explore intern returning as SWE or PM intern, they get that 5k bonus and the standard first-time salary in that location (7300/mo in Seattle, 8k/mo in SF Bay Area). Get the Reddit app Scan this QR code to download the app now Title: SWE Salary: $115k Signing Bonus: $10k Stock: $125k / 4 years Relocation: $10k Total Comp If you're asking banks in general, the new grad salary for software engineers at Capital One is (correct me if I'm wrong): 106K in NYC, 99K in McLean / Chicago, and 91K in Richmond, Wilmington, Plano. Survey Responses. I've seen plenty of comments on reddit about ridiculous salaries but I'd guess most of those are for people living in the US. that’s why I’m considering just going straight to swe. 4x higher than what's shown for the first two rows. I had a BB quant offer at $140k/yr + $100k/yr bonus, so I tried to negotiate Bloomberg to $260k/yr. Nov 30, 2024 · That means that they're first pick for the same SWE jobs that would have paid good salaries in America 5 or more years ago. Also at the end of the day it’s just a different job. 5k yearly stock. Levels. I reckon people make about $150k in NY. How much do the likes of FAANG pay here and are there any other companies I should be aware of? Cheers. Also, I don't know what the distribution of salaries within those ranges are. 24th to Jan. LinkedIn: 135k Base Salary, $200k Stock over 4 years ($50k/Year), 15k Signing First Year TC: $200k Recurring TC: $185k Comments - This was offer from while back. That’s not correct. I've tried figuring out data regarding salaries, but the ranges are so different depending on companies and skill levels that it's hard to nail down whether this will be acceptable for a starting salary in the area. 664 votes, 336 comments. Intern pay is about 70% of a full time salary at that level. The salary progression is also similar to SWE at FAANG, but the problem is that it requires much more work than SWE (60 hours of work per week) and has no remote option etc. I always thought Google was the benchmark for compensation. Additionally a lot of the people I worked with just don't job hop. I would guess my comp ceiling would be around £500 Median Senior SWE in the US base salary is: $148,000 Senior SWE percentiles are as follows: 25th Percentile — $132,000 50th Percentile — $148,000 75th Percentile — $164,000 FANG companies are highly profitable so they can pay higher bonuses in the form of stock. Amazon: - 2 Online Assessments, 1 Final Round Technical Interview - $57/hr - $2000/month housing post-tax - Flight (2 Way)… Overall good company that takes care of their employees. Money isn't everything, but it's important to be aware. 8 CGPA Work experience - Upcoming SWE Intern/Co-op at TD from May 2022 to Aug 2022 (full time) 142 votes, 85 comments. My salary was £16. 5 k a year with Safeway that was taken over by Morrisons a couple of yrs later. I quit for a 30 percent pay cut due to the company being the most toxic and racist place ever to 150 then switched to a lead software engineer making 228 which is still low for what I do. Prior Experience: two 6+ month SWE co-ops (one at a well-known SV company, not a "big 4"), 4-month SWE internships at Lyft/Stripe/Facebook. the model is Salary: CA$155k Relocation/Signing Bonus: None Stock and/or recurring bonuses: Some undefined amount of equity in the startup Vacation: 3 weeks + Dec. There is only a slight decrease in salary if you live in a low CoL area but it is pretty minor. a lot of it is RSU, but its a problem big tech created for themselves. or perhaps being brought in for a director or higher level position where the difference in TC might be smaller. I am making a little over half that after 3 years with a major DB company as a junior dev. The only reasons to take a SWE/IT job in Korea is if you're coming from the US is, in cases like mine where my wife wanted to come back to Korea. Many don’t believe that $300k is a realistic TC for SWEs (too high). Most STEM PhD's are used to living on a stipend (below minimum wage) and postdocs. Salary Sharing Survey. I'm currently working as a SWE for an US company and making about 110K per year while living in a third world country. In terms of my background, I'm a master's student in CS with one SWE internship and no full-time experience. Now I'm starting a new job as a HW guy at an aerospace/defense place for 110k. EDIT: overall, I thought that the Bloomberg salaries were too low In the US SWE is often compared to traditional upper middle class fields, such as medicine, law, finance, management consultancy. Meta's salary, bonus, and stock refreshers are banded/formulaic by level/performance bonus. I scheduled my first technical phone screen three weeks from the time I was contacted. For example, so many people who live in NYC making more than 200k or 300k. Sep 9, 2022 · Interesting thread on Reddit on “average SWE”s making $200k TC. Ironically, hiring cheaper white collar workers from the developing world is the same profit-tapping behavior that got software companies so much lender money in the first place so this is likely not a temporary situation. The package is 155k base, 17k annual bonus, 10k relocation and no sign-on bonus. Technical phone screen 45 minutes - My interviewer asked me questions on my resume for around 15 minutes and then gave me a variation of number of islands. The interviews are surely different, but in the end that’s how the leveling worked out. Senior year I found through my school's job search mailing list another research assistant role doing autonomous drones SWE. I would like to ask for your suggestions on if and how I can negotiate the salary. Hello, I was recently offered to be a Software Engineer l at Raytheon Intelligence and Space. SWE highest I have seen go is around 550K for undergrad, starting offer for {JS, HRT, Cit} would be 375K first year PHD QR can go to around 800K, but base offer would be 500K+ Traders start at around SWEs 31 votes, 16 comments. Asana : 144k Base Salary, $192k Stock over 4 years ($48/Year), 20k Signing First Year TC $212k Recurring TC: $192K Comments - NA 8 . Or check it out in the app stores Title: SWE Location: NYC Salary: 155k Relocation: 10k Bonus: ~15k SWE is top of the food chain for pay because the 10x SWEs subsidize everyone else. Reddit often points out the fact that SWE The job is based in NYC and starts next summer. However, your experience 100% depends on your manager and greater team. I am currently in the final rounds for an SWE job in Seoul and would enter salary negotiations soon. Offers are in USD unless otherwise stated. The rate of progression in IB is probably higher than anywhere else (except for maybe start ups but that’s a lot more risk of failure). Only non-formulaic parts are stock appreciation and additional equity. So i actually had quite a bit of experience when looking for a job. But for the name brand, would it be worth it to take a hit… For SWE, we look at total compensation so base can be around $160k, sign-on bonus 15-20k, RSU $150k vest over 4 years (all in USD), not including year end bonus. I make 20/hr at my SWE internship, LCOL the developers who made third party reddit apps. Title: SWE Intern Location: McLean, VA (remote) Duration: 10 weeks Salary: $50. No, and the majority of SWE salaries that you years about on quora or reddit brags, they are not accurate or they correspond to elite engineers. They went up from $160k/yr to $165k/yr. They pay well, but no one there is getting $800k salary a year. that was combined with them hoarding talent so the competitors couldn't have it. Yes, there are engineers making 500k+ but these are a handful of principal engineers at FANG type companies, or they are early hires at top startups that really right place / right timed it. It is often considered better than medicine or law, because the later come with high student loans and opportunity cost compared to SWE (lower salaries at start of career). If it’s platform work, then it should be similar to regular SWE. I feel low balled and honestly a bit pissed off that they didn’t talk about a relocation package. By knowing most don't make these insane salaries, the ones that due typically live in places where a house is $1M, and the ones entering SWE are screwed with an atrocious market. I feel like for a company like this, the salary is insanely low. At a big company, how does salary compare between software engineers and product managers? In terms of growth, where do swe's… Posted by u/2021summthrow - 11 votes and 20 comments 57 votes, 53 comments. Yep. Junior year I got an internship doing computer vision SWE for an edtech product. They start at the same TC but they quickly reach 3 times more. All about studying and students of computer science. not sure about internal IT orgs, services firms, embedded product companies (auto, med dev etc) or other work contexts. The rest is “semi equity” which is generous if weird, but also not that unusual. . this is what let to the massive layoffs in tech over the last 18 months. DE depends on the role. I've noticed Reddit Especially OVER estimates their salaries. 5k/month ($72/hr) plus a variable sign-on bonus of $10k-15k depending on interview performance. 5 years of professional experience. These are the old responses to the previous survey. The midpoint may not be the average. I've heard it can even go up to 50% Overall, list doesn't include refreshers so also inaccuracy there School/Year: non-target state school (US), 2nd year . I've worked in insurance companies, telecoms, banks etc and there are so many Sr. FAANG salaries are still FAANG salaries even if you’re in North Carolina. The people I knew that left to go there also were generally L4+. Both were Manhattan. But yeah, the salaries are in the $300k range, which is good but not unusual. 7 figures for senior traders is far more common than 7 figures for senior SWEs. Some experienced SWE are willing to take a paycut to follow their "passion" in ML/AI. You'll always be 10-25% under your SWE counterpart, so just keep that in mind. The r/cscareerquestions discussion centered around what’s the the average salary of SWEs and people calling out selection bias (420 comments so far, nice). Engineers making in the range of $120,000 - 150,000. Crazy how my salary went from stagnant to having recruiters blowing up my email every day. For returning interns that transition from SW/PM/EE to either the same role any of the others (ex SWE to PM), they get the 5k signing + salary bump (7800/mo in Seattle, 8500/mo Finding it difficult to get up to date figures for new grad SWE salaries at tech companies in London. Can confirm that the SWE intern offer for this year is $12. If it’s just supporting analytics workstreams, the pay will be worse than either MLE or SWE. Which to me as a new grad seems like a solid amount. I know Jane Street is ~ £150k+, TwoSigma ~ £110k, Citadel ~ £85k, Palantir ~ £90k, Bloomberg ~ £65k. They offered $94k plus 20k bonus and stock options and I also I received an offer from raytheon for 100k (typo) with 10k bonus. Prior Experience: Unpaid SWE internship . They really aren't. Also got a Google offer but we never talked formal numbers Benefit is the big tech SWE salary, drawback is the traditional SWE interview process. N. So, I applied for a SWE role(not a new grad) and heard back from a Bloomberg recruiter in April. Neither seems to be true right now. wvysx zlygkg ptv iqhd sbep vefrffs wbkvnake gpzrq mcubrq phyojm ukfxu ioef twdx avru haweghg