Faang software engineer salary reddit

Faang software engineer salary reddit. These stakes can be significant in startups poised for success but come with a high level of risk. I am an engineer with 2 years of experience currently interviewing with multiple FAANG companies. Boeing will really need to re-think software compensation going forward, but I fear it’ll be a long-term problem since the company is run by tech inept leadership. Though FAANG companies expect their employees to work over 40 hours a week, typically 50-60. This subreddit is meant to help encourage discussions related to salaries… I can't speak for outside of Silicon Valley, but out here FAANG software engineers are paid more than fintech software engineers, and they work less. I am being offered a full time position in an energy company in Brisbane for 135k + super. 10 years you'd probably be a senior swe, in which case I think $300-400k offers would be likely, maybe even more depending on which FAANG. In general, I'm seeing salaries that are pretty even across the board for engineering roles, specifically devs, devops, and test. Usually under 300k. In what universe is an average software engineer worth much more than $150-$200k? You couldn't spin around and throw a rock without hitting one in the Bay. I've worked at another FAANG company before (SG office) at a non-engineer job, and my salary was almost this level. you're still only expected to put in 8 hour days because unlike agencies, faang has the money to hire the right amount of people. Speaking as a Boeing SW Engineer — we lose an insane amount of talent because of this problem*. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. Base of 150k to 200k is common with USA based companies. However, after reading posts from r/cscareerquestions it seems there are many companies in the US that can match FAANG level pay, at least in tech hubs. but hey Airbnb starting salary is 230k and same as a principal mech engr in my company . Glassdoor is just median salaries. The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane. This is key. Title: Software Engineer Intern Location: Redmond, WA Duration: 12 weeks Salary: $7366/month Relocation/Housing Stipend: Corporate housing or $7000 pre-tax Company/Industry: Capital One Title: Software Engineer Intern Location: McLean, VA Duration: 10 weeks Salary: $50/hr 260 votes, 245 comments. 6 million, and a significant portion of that is QA and testers. FAANG if that even matters anymore)experience in the USA, currently with Texas Instruments, and am considering a move to Vietnam. they command a much higher salary. Hi, in Spain i am on the top 10% of earners, i work as a Software engineer(Not FAANG). fyi for good data. I don't think your salary comparisons are accurate, for three reasons. How many software engineers make 7 figure bonuses? edit: your link is to Toronto specifically and basically all of the data is from big tech players and FAANG. Salary to house price isn't a great barometer. Not the person you’re replying to, but both. > Finance is not about the average it’s about the career trajectory. Engineers, doctors, lawyers are respected much more. I’m a data scientist at the lower end of mid career and I’m trending towards $400-450k this year depending on the stock market. Not some PhD in ai. Edit: looks like the comment only referred to base salary not total comp. Position: SWE - Bachelor CS and some years of experience are required My background: Bachelor CS and 3 YoE as a software engineer Software Developer @ Uni x2 ML Engineer Intern @ National Labs Software Engineer Intern @ Amazon ML Engineer @ HR Software Company Company/Industry: HR Software (Declined) Title: ML Engineer Tenure length: ~1 Year Part Time Location: Remote Salary: 130,000 Relocation/Signing Bonus: 7,500 Stock and/or recurring bonuses: 25,000 (Stock not liquid 20 votes, 39 comments. With Canadian companies like banks salary are a bit lower. Also, software engineers have MUCH better work-life balance and can probably spend time going to the gym, hobbies, and actually seeing their SO. ) Median software engineer salary is ~110k. Would love to see a viz for compensation by level, too. As long as you’re in the top 50% of your class and get your big law job, you are pretty well protected in the industry. If your house is $140k, your living expenses likely exceed your mortgage. 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 Mid career software engineers, from senior individual contributors to senior managers, at FAANG make between $300k and $700k. However, if you were to work at a non-FAANG company as a software engineer, there's virtually no chance of earning $800K in your entire career. 777 votes, 759 comments. (also it's more like 85-90th percentile) it's really not "awful" within the market at all. Title: Data/Product Analytics Intern Like others said, it’s hard for cheme jobs to compete when you look at the top of the pay scale (FAANG new grads were making ~200k, and don’t get me started with the HFT folk), but when looking at the average it’s somewhat comparable. fyi the median salary for software engineers is YOE at a non faang US based tech company as a full stack eng, but if I move elsewhere I could probably But not everyone get as 5% of joining bonus as TC just like i said faang companies like amazon google give 60 L bonus no way its gonna be 5% of TC because 60 L joining bonus means if you have more than 10 crore of TC lol even ceo's in india won't earn that much 55 votes, 20 comments. . I want to know how much the discrepancy is (and feel salty lmao; jk I mean calibrate my standard /quality of work accordingly. BLS only recognize total SWE jobs at 1. Benefits - eg 25 days annual leave, 10k flexible spending dollars, 25k medical spending dollars, 8 days family care leave, 4 days child care leave x 2, insurance bonus for giving birth Internal Perception - perceived as a graduate across industry after 3 years Eh American Software Engineers are the highest paid. You would be given equity ( mostly 50k us to 100k usd) of company stock divided by 4 years. I'm in mid 20s at a FAANG. I think getting a big salary bump after your 4th year is fairly common, happened to a lot of my friends as well. I started at 47k fresh out of university as a graduate developer. Most comp is in stock. So what's the Faang engineer salary for a junior software developer? So I am not sure if the expectation for coding interviews will be rigorous like a software engineer. If your house is $2. My recruiters for Amazon have suggested that I ask for for 230-250k TC which frankly is insane by pre-pandemic standards, I currently earn less than half of this figure and feel almost guilty asking for this much. I am 27 years old with 5 years experience in IT working as a software engineer. Base salaries don’t change much. Spent 20 years in FAANG now at another large tech company. Google compensation is based on local market rates. See full list on wearedevelopers. Principal or higher (very hard to get to) over $1mm/yr. fyi as a good indicator on salary you can have wildly different experiences at all these companies. People who tend to make a shit ton usually have lower IQ than people who work as, for example, a college professor, or a civil engineer, or a software developer. Prior Experience: 1 internship in consulting, 1 internship at a tech startup in SF Bay Area, 1 data science internship at a FAANG Amazon. Senior engineers are making close to 400k total comp. Dec 29, 2021 · Money and reputation. Realistically, most everyone can expect to make it to senior after years of experience. From my experience business strategy roles are on average 50-100k less compared to swe roles in total comp for equivalent levels. This is the very first thing you should become good at. A FAANG engineer's salary is much higher than the annual packages provided by other technology companies. com Jan 16, 2024 · Contrasting with FAANG, startups generally offer lower base salaries for data engineers, often in the range of $100,000 to $150,000. Fintech is 60-80 hours, and typically with equal to lower pay. Firstly, excluding bonuses (and specifically stock) biases the comparison against FAANG, since according to Glassdoor your Amazon SDE on 58k will get 16k in stock whereas I doubt the average SWE in Manchester will get anything. fyi is a popular website used by techies to see what different software engineering salaries are at major companies. They figure out a distribution then pay something like 95th percentile. That's why it's so skewed. I worked in Makati for 3 yrs before moving abroad, and my starting salary was 23k Php (that was in 2011). At least in my circles, those are all engineering/problem solving roles, requiring varying degree of coding skills, strong problem solving skills, as well as the people/sof If you can get a software engineer job at that salary, you can definitely get into a T14. Check out levels. As you won't be able to deliver any meaningful contribution without understanding the actual problem. Title: Software Engineer Title: Software Engineer 2 Location: Texas Salary: 165k FAANG Title: Senior Software Engineer Tenure: 4 yrs The salary is kind of capped at 150k for a senior data engineer role where I live here and when I read this kind of article, it makes me wonder if this is a rare case or quite normal for data engineers with good experience to expect 200k+ for a perm employee. If you have a normal lifestyle, can easily save up 1k/month+ paying quite a lot (more than 1. Staff (12+ YOE) often 600k+. the progression is slow and I think that's been linear over the past 7 years starting with ~120k + 20k cash. 21M subscribers in the dataisbeautiful community. And that number should be easily achievable for most contractors. Understand what problem you’re solving. 175 votes, 51 comments. Im curious what the top salary is for senior software engineers, or software architects in the Philippines? Im also curious about the salary of a director, VP of Engineering or CTO (in case I’d be forced to take a management role). I've noticed Reddit Especially OVER estimates their salaries. he worked there for 5 years and never got 300-400k in total comp for FAANG/Bay Area startups/etc, seems totally doable. *just on my team alone in the last year, we’ve lost: senior engineer to Facebook 74 votes, 47 comments. Please help me by comparing the two lines, I need a few data points. The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy. WLB - is debatable. Engineers make more than PM, but since PMs work closely with engineers they get paid a lot too (usually similar base, bonus, 1/2 equity). Current total comp is 400k for next 4 years. Faang and similar tech hold not so insignificant number of dev jobs Median salary wouldn’t be 120k if there were actually 4. With few exceptions, a good rule of thumb is that of your company existed or could have existed before 1960 (and hospitals and insurers both did), then 72 votes, 22 comments. 5-5M, your mortgage likely exceeds your living expenses by a lot. On the other hand, there are way more FAANG SWEs than actuaries, including students. We would like to show you a description here but the site won’t allow us. Ex: Is a 70K PM working with 90-120K engineers; numbers pulled from thin air. Title: Business Intelligence Engineer Intern Location: Seattle, WA Duration: 12 weeks Salary: $6361/month Relocation/Housing Stipend: $2425/month post tax Uber. This might not apply to you since you’re still relatively young but just consider that. Top performers can make more. There is somehow a self-induced perception that if an engineer worked at a FAANG company, they become infinitely more valuable in the Aug 16, 2021 · That’s why I share 4 habits which help you grow as an engineer and accelerate your career in any FAANG company. Prob drops down to 250k-ish after (not factoring in promotion, bonus, stock refreshers). he has a friend who was just as smart and worked just as hard, who started at the same time but was placed on a team with less career advancement. Sure, higher level engineers with niche skillsets make more or a LOT more, but not the average ones. Levels. Software engineer is very broad as anyone can call themselves SWE. I would say for top 10% of engineers it's doable to achieve 190k-225k in base salary. That means, sure mid-level engineers get paid $400k at FAANG => $33k a month before taxes => $19k a month after taxes. For reference, I make 215k base, 350k TC for a Montreal startup as a senior SDE. 1. Like over $100,000. What this means to say is basically THE CLOSER YOU ARE TO SOFTWARE ENGINEERING THE MORE YOU GET PAID. levelsfyi have very good data points for swe salaries As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. 4 million devs So I tried to do some research, and found on Glassdoor a surprisingly low salary range for this specific company (something like 80k/year for the junior level). 30m Non-FAANG software engineer Started web development full time in 2020, before that I was a part time personal trainer at a gym and going to school. We all know that a lot of software engineer salaries pay big. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. Your question specifically asks about "the average software engineer salaries in canada ", so that's what I'll answer: 156k is way off for the typical salary in Canada for a software developer. Alternatively, you could make this kind of money at a FAANG / HFT style company, though youde still earn way more in the states. You can use levels. It’s normal to be able to command 120k+ in The US and if your a particularly gifted engineer that can wear many hats then you can leverage your efficiency into “over” employment and command 300k, 500k or some are even raking in 1 million. On levels. 44K subscribers in the Salary community. Though FAANG in the UK does provide relatively high TC. The software engineer salary is rank and file software engineeringofcourse you need to get promoted to sr staff. Graduated high school in 2012 -- odd jobs/part time work until 2017 when I started at the gym. The obvious reason is that these engineers are working for the best tech companies in the entire world. I am rusty with programming, so I purchased a few Udemy courses "100 days of python" and a web developer boot camp in order to best prepare for coding interviews in the next few months. the RSUs do not cliff and vest at a pretty fixed rate (at least quarterly at most FAANG IIUC) - so for all intents and purposes they are salary paid out every three months. 2k) in rent in the city. Why not just work 1 job at a FAANG (big tech) company that pays like 300k to 400k instead of having 3-4 jobs that match that in aggregate? Yes, though 100k is a fairly top level salary in the UK, generally youde need to be Senior / Lead level for a London based company to have a shot at this kind of money. It becomes much more apparent if you are L5-L6 software engineer. It's a bit like an ad agency with great perks and normal WLB in terms of hours. but there are operations & program management roles in every org, and every role in faang pays well You climb too quickly to the top, you fall quicker since you lack the experiences that your seniors before you had. true. In the link below you have a distribution of the net salaries, top 10% is about 200K(around 135K year/11K monthly after taxes). If you manage to swing a staff role (possible at 10 yoe) you could be looking at $400-500k (again maybe more depending on FAANG. Very good for Barcelona. Every time I mention leveling in this subreddit, either L{n}, E{n}, or junior-principle, I get questions asking for clarity… Junior Software Developer Salaries. For example, so many people who live in NYC making more than 200k or 300k. Well, I briefly considered a non-FAANG opportunity for 4x salary as a "suck this up for 3y and retire" proposition, but I couldn't get past the downsides of that particular opportunity. those where the software supports the product. It's not a rare skillset. The reason being that highly technical jobs require a high IQ but don’t earn as much as being a successful business owner. 2k What is the salary range for software engineers in Vietnam? I have four years of software engineering (ex. Moreover, the average salary at FAANG companies is significantly higher than that at smaller firms. 4k Person D: Computer Science, private degree, System Engineer $4. Specific industries don’t really matter, the split is between companies where the software is the product vs. EDIT: I'm not going to identify the company. So 80k for an engineer position sounds very low to me. I think it’s around 2-3% for just the 5 companies in FAANG, maybe 4% if you include the other companies that benchmark against FAANG salaries. Hi people, I am currently working as a software engineer in FAANG, and am contemplating moving to the quant research careers in the trading industry via a Masters in Financial Engineering / Computational Finance. And to be a millionaire is to have a net… Focus the most on base salary the higher the better, it’s better to have high base salary with 10 % bonus vs low base salary and 20% bonus. Job switch (FAANG) Year 5: 176k base + 30k stock / year Have not moved, now working remote. my brother has worked for google for about 7 years, started out around $150k (very high salary for a SWE back in 2015) and now makes $550k. After more years, senior engineers make ~130k and for many companies the only way up from there is management. Recruiter did not want to give a range. These two seem to be the main drivers. Regardless if you are engineer or management, making that much money is usually some sort of capped salary and given a lot of bonus and stock. Person A: Computer Science, local degree, Software Engineer $6k Person B: Computer Science, private degree, Software Engineer $5. Around 3-4 YOE. 2k Person C: Computer Science, private degree, Cyber Security Engineer $5. To your point, that’s way below 10%, so it wouldn’t really show up in the data except in some of the regional cuts. 5k Person E: Computer Science, local degree, Software Tester $4. Hi all, does anybody have some insights about the Bosch salary in regards to a software engineer? Recruiter asked me for a number and all I can find are pretty broad ranges. However, they compensate with equity stakes. DataIsBeautiful is for visualizations that effectively convey information… Facebook used to have M for manager, E for engineer, IC for just about everyone. For you software developers/engineers, I see a lot of you working 2+ jobs where each job might be in the ballpark of 100k. okurr mzioh niqet qurh rwck owzoux xvdntkl duh bsrmys krygyou