Faang software engineer salary reddit.
Faang software engineer salary reddit 2k I read so many posts about people claiming that US salaries are 2-3x more than Canada, but when I look at salary examples on websites reporting the average US salary for a software developer in 2021 for example, they don't seem so much more. in QA or as an intern)? These affect the salary. 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. Title: Software Engineer Intern Location: Herndon, VA or Remote Duration: I don't remember. A Product Manager, Software Engineer, or Software Development Engineer at a decent tech company or financial institution can make $100-150k straight out of undergrad and work a 40-50 hour work week on average. Please help me by comparing the two lines, I need a few data points. > Finance is not about the average it’s about the career trajectory. Yes, software engineers get paid a lot to begin with but they hit a ceiling fast. A recent Reddit policy change threatens to kill many beloved third-party mobile apps, making a great many quality-of-life features not seen in the official mobile app permanently inaccessible to users. Base comp is around $200K, annual bonus around 15%-20% (so $30K-40K), and equity refreshers around $150K-$200K. 2k Person C: Computer Science, private degree, Cyber Security Engineer $5. However, not all FAANG companies have increased their software engineer salaries at the same rate in 2022. the progression is slow and I think that's been linear over the past 7 years starting with ~120k + 20k cash. 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 Engineers, doctors, lawyers are respected much more. Hi, in Spain i am on the top 10% of earners, i work as a Software engineer(Not FAANG). Apparently OAI pays 1M for senior people, but those roles are few and far between. Over 40 years of work (from age 22 to 62), the software engineer will have earned about $4. Feb 16, 2025 · Discover the highest salary for software engineers at FAANG companies and learn how to land a lucrative job in the tech industry. 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. BLS only recognize total SWE jobs at 1. With 8 years of experience, it varies from 80M to 100M KRW/year, but some small startups can pay more to be more attractive to potential employees. New grad - 1 YOE - £40k avg - can get £70k at places like Bloomberg, FAANG etc 3 YOE - £60-70k - if at Bloomberg FAANG etc maybe £90-100k Software Engineer: Education: Bachelor's degree: 4 years, assuming $100,000 in total cost. 6 million, and a significant portion of that is QA and testers. I have 1 YOE and live in a LCOL ~ MCOL area. 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. Note though: Some FAANG companies will ask to see documents of competing offers, even saying “we will absolutely beat the comp by XYZ, but you will need to show proof”. 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. They also pay ~400K - 1M cash. Ex: Is a 70K PM working with 90-120K engineers; numbers pulled from thin air. Not some PhD in ai. Over time, this could increase to an average of $105,000 per year. levelsfyi have very good data points for swe salaries 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. There are senior engineers in witch who make 3-4x more salary than faang. Whereas grabbing FAANG or HFT is slim to none for me. People are always talking about how Software Engineers have cushy 40 hr work week jobs with high comp but just talk to people who work at Amazon. I want to know how much the discrepancy is (and feel salty lmao; jk I mean calibrate my standard /quality of work accordingly. They do not have positions and do not hire for intermediate or junior level engineers. Many of the Software Engineers will have huge ups and downs in their income and stability going forward. Yes, most of them are not software engineers but I haven’t heard a single person in my life say “oh, you are software engineers, that’s so prestigious”. Embedded systems are computing systems that are more or less powerful/capable. 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 320 votes, 208 comments. 5k Person E: Computer Science, local degree, Software Tester $4. Faang and similar tech hold not so insignificant number of dev jobs Median salary wouldn’t be 120k if there were actually 4. That's the equivalent of Senior SWE with 5+ yr experience. How many software engineers make 7 figure bonuses? 175 votes, 51 comments. Amusingly enough, Netflix only hires Senior Software Engineers. This is my second job. Last year and this year, many companies are opening tech hubs in the city, making companies compete for talent therefore increasing avg salary. Median software engineer salary is ~110k. Great advice, agree with almost all of it. 4 million devs I doubt my skills as a software engineer. In the wild outside of San Fran area most Softies don't make this much. I worked in both private and government and I'm intimated by the level of skill of my leads and team members with a few years of experience more than me. true. Depends on the level. I am looking for the job profiles and the companies in India that pays the highest at this level of experience for software engineer. 55 votes, 20 comments. After more years, senior engineers make ~130k and for many companies the only way up from there is management. Though FAANG in the UK does provide relatively high TC. You could get lucky and find a startup that does a bootcamp -> software engineer program where you work in engineering support for 2 years and get taught how to fix bugs and work as a software engineer. And yes, your employer match is almost universally calculated as a percentage of your salary. I know of several of my seniors who have spent more than 6 years in the firm being unaffordable to any of the FAANG's. Just wanted a safe space from FAANG workers and larpers, how are you getting by on your pitiful salary that is actually close to the median software eng salary? Sep 15, 2019 · When people refer to FAANG, they implicitly include top-tier companies like Microsoft in it. In faang is it typical for software engineers cybersecurity professionals etc to make 300-400k? Base salary will reach 200k-ish at L5/E5 level. Also, software engineers have MUCH better work-life balance and can probably spend time going to the gym, hobbies, and actually seeing their SO. I have friends in tech and it is difficult not to envy them at the junior level. 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. I've noticed Reddit Especially OVER estimates their salaries. 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. In the link below you have a distribution of the net salaries, top 10% is about 200K(around 135K year/11K monthly after taxes). I made a mid-career move to a FAANG company after about 12 years of experience, but it was in a niche field and not as a generalist software engineer. Every time I mention leveling in this subreddit, either L{n}, E{n}, or junior-principle, I get questions asking for clarity… In the US a very competent software engineer can eventually make Techlead or even higher at FAANG/Big N which pays almost as well as quant SWE roles at HFT but with better hours and benefits. Mech E is the type of career that you will be steady until you retire. Moreover, the average salary at FAANG companies is significantly higher than that at smaller firms. As long as you don’t join AWS or Alexa at Amazon your WLB is on par with other FAANG. Barcelona is becoming one of the biggest tech hubs in europe. Software engineer is very broad as anyone can call themselves SWE. Reply reply May 14, 2023 · The average senior software engineer salary at Facebook dropped from €250,860 to €235,200 in the last year. Seems like most engineers are L5 (Senior), and at FAANG that's going to be at least $400K TC on the low end. Dec 9, 2024 · 26M here from Adelaide, software engineer with 3 YOE earning $100k. . Is all your experience as a software engineer or is the 7 years in tech in general (i. The really in demand engineers can make 7 figures at HFT companies but you can get the same TC at FAANG companies once you get to the senior staff and principle levels. The tech industry is a mess right now. ML scientists/engineers get paid the same as SWE as far as I've seen. But market is changing. 2 million in salary. its like asking why does a manager at British Petrol earn more than a managaer at my local mcdonalds Getting more than 50k a year is almost unheard of unless it’s a FAANG or unicorn like Glovo. For instance, Netflix has seen the highest growth in software engineer salaries, with a reported 15% increase from 2022. In general, I'm seeing salaries that are pretty even across the board for engineering roles, specifically devs, devops, and test. So, after 10 YOE in tech I am firmly in the HENRY territory with £130k base as a Data Science manager. The annual limit is $22,500, which is 22. maxing a 401k with a $100k salary isn’t easy unless you started immediately after college at 25% or something. OP didn't even specify any details regarding the level and stuff like that. 5% gross on a $100k salary, which is a LOT to put away. What is the salary range for software engineers in Vietnam? I have four years of software engineering (ex. To make one, you need electrical engineering (EE) to make the electrical circuit (that's what computers are at the end of the day), you need computer science (CS) skills to program the computer (some systems are so basic they don't need this) and then you need mechanical engineering to design the enclosure in which 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. but hey Airbnb starting salary is 230k and same as a principal mech engr in my company . EDIT: I'm not going to identify the company. I'm writing to ask for insights on the salary prospects for embedded systems engineers compared to those in web applications software engineering. G is in person and Amazon is remote btw. they command a much higher salary. fyi is a popular website used by techies to see what different software engineering salaries are at major companies. For a BE engineer in a common language (Python or Java or node) I would say 35-45 is a pretty standard range, salaries have gone down a bit with the market, so maybe closee to around 40 per month. Where else can an above average but not genius engineer make 200k starting salary right out the gate? By going to a T14 the odds are even higher. I am mainly posting this here because I assume there's a high concentration of FAANG engineers who could give me good advice. In Germany, the average total compensation for software developers working at FAANG companies is €164,000, around €79 per hour. My first year of compensation was maybe 20% more than my previous job, but within a few years my total comp doubled thanks to promotions, bonuses, and stock grants. Flexible end date. Source: most of my friends are FAANG or FAANG adjacent engineers. Assuming they start work at age 22 at an average starting salary of $85,000. My first job paid me 10 lpa fresh out of college. FAANG if that even matters anymore)experience in the USA, currently with Texas Instruments, and am considering a move to Vietnam. software engineers salary and comp are very skewed by internet and FAANG companies. Realistically, most everyone can expect to make it to senior after years of experience. 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. Alternatively, you could make this kind of money at a FAANG / HFT style company, though youde still earn way more in the states. Levels. Company/Industry: FAANG Title: Software Engineer Location: SFBA Salary: ~170k Stock: ~60k/yr (I hear refreshers get better)? Bonus: ~25k Total comp: ~255k Edit: I think stock is a bit higher, and bonus is target, but likely going to be a bit more Google offered $157k (base salary of 106k) and Amazon offered $183k (base salary of $135k). The growth in US salaries have been lead by the FAANG and near-FAANG since about 2014-2015, partly because of the boom in tech stocks and partly because of growing demand for top seniors and higher. If you can get a software engineer job at that salary, you can definitely get into a T14. ) Person A: Computer Science, local degree, Software Engineer $6k Person B: Computer Science, private degree, Software Engineer $5. Your RSUs (stock) will vary depending on company and how well your stocks are doing that year, but for L5/E5 expect 120k-200k. This is especially true for systems engineers since backend is so in demand. ~12ish weeks. So interested in people's view on what sort of salary to expect with following YOE. 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. e. That is, a big tech can easily fire SWEs since they have tons of them, unlike an asset management company. Find out more! May 14, 2023 · As of 2024, the average US FAANG total compensation is €310,000, which is roughly €149 per hour. still, you cant compare FAANG with regular SAP positions, FAANG is the absolute top of software engineering, SAP in itself is a regular position. Reply reply 300-400k in total comp for FAANG/Bay Area startups/etc, seems totally doable. The salary of a software engineer largely depends on the industry the company belongs to, not only the employee's experience. For example, so many people who live in NYC making more than 200k or 300k. Based on my observations, it seems that engineers working on web services in large tech companies tend to earn more than their counterparts working in embedded systems. Have any software engineers here made the move from a FAANG to a quant/systematic trading firm? These are some of the only… The software engineer salary is rank and file software engineeringofcourse you need to get promoted to sr staff. 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. My team leaders have been generally happy with the level of work I produced but I definitely don't feel like I'm FAANG level. 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. 730 votes, 72 comments. Software engineers here as I've seen transition into roles where they make changes in the business and policy decisions (market breaking stuff). Edit: Google can and does hire for front-end/full stack positions. 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 As everyone knows, the average SWE salary in the UK (and Europe) is nowhere near the level in the US. On the other hand Amazon employs 840,000 employees and Google 120,000. he worked there for 5 years and never got I assume that salary at BlackRock has a greater upside potential than big tech Since BlackRock is not Big Tech, I am less “disposable” than if I was a SWE at a big tech. A well payed senior engineer can make similar TC at a FAANG company when you add on RSUs. Have put my estimates as well, but these may be way out as don't have much experience or data sources. 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. I'm personally pretty happy with this and it seems like a competitive rate compared to my peers. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. 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. Prior Experience: ~5 years in Software Engineering Company/Industry: Logistics Title: DevOps Engineer Tenure length: ~1 year Location: Remote, restricted to Germany with the possibility to work abroad (EU-only) for some weeks of the year Salary: ~$70k Relocation/Signing Bonus: N/A Other benefits: ~40 days of paid vacation Would love to see a viz for compensation by level, too. you can have wildly different experiences at all these companies. They actually mention in the article that this is for a PM. I am looking for job change and currently earn 24 lpa. Salary: $25/hr Relocation/Housing Stipend: None ----- Company/Industry: Tech company working on education related products Title: Software Engineer Intern Location: Sandy Springs, GA Duration: Start May 10th. Please shoot down suggestions. 4k Person D: Computer Science, private degree, System Engineer $4. At the senior/staff/senior staff level this could easily be 4-500k/7-800k/1M at a FAANG. xys qqwpza ihewx mvrzxx oggilmn qkzhs iwpjg ifslq mkjd ynyeeq xjvy yrmd mdxlcms xomu hczki