Careful! How much does a QA Engineer make? It isn't glamorous work, and it pushes you into a very specific bucket, but you will most-likely be well compensated. Change jobs every 3 years. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Average JPMorgan Chase Software Engineer yearly pay in the United States is approximately $104,514, which meets the national average. I'm under 35 today. They keep learning and getting better everyday, and that pays off. At the time I was making 75k as a Java guy and I just wanted to see if I could become one of the best. How much does a Software Engineer make in Philadelphia, PA? I just walked out of a gig at 100/h where I could, optionally, have billed overtime, worked 60h, and been making over 300k. It doesn't even matter if all you did was help update the docs. The common pattern: writing web software to replace desktop software when it seemed unnatural, kind of how mobile-only apps get that feeling today. Answering from a throwaway: started my own software company 10 years ago, selling SaaS w/ monthly recurring revenue in the CRM space. Anyone who can save $50k/yr is going to be a very happy camper in the future, and most young people could easily do that on $120k if they wanted to. While there have been many months I've billed $20,000, I've never billed over $200K in a year, work at that level just isn't that easy to find (at least if you're not willing to fly around the world). People with the job title Software Engineer make the most at companies with 201-500 employees, earning $117,042 on average. Those who don't are almost always "managed out". Don't kill yourself. First, constantly improve throughout your 20s. My little about me follows: you sir are the reason why HN is still worthwhile for the comments alone! No idea about parent's background but in my experience those jobs are almost impossible to get if you are not already "inside". The average salary for a software engineer is $94,209 per year in Philadelphia, PA and $3,000 cash bonus per year. I did whatever I could to help them out when they were looking for people, and made good connections because of that. It's just a selling point, and it works. 40-50 hours per week. Next, specialize. 33, cloud computing (IaaS) industry, Austin TX. There's plenty of companies who have built very complex solutions to simple problems and they need someone that knows how the wiring is supposed to work. Take it up a level. They are apples and apples from the client's perspective though and as an independent consultant it's quite possible to consistently achieve 100% utilization. I realized earlier in my career that my success up to that point had far more to do with my ability to communicate well and connect with people than my technical abilities. If you're 30, take some risks. Don't work 80 hr weeks more than a few times a year. Washington D.C., New York, and Boston have the largest software engineer job markets outside the Bay Area, but sky-high rents push them to the bottom of the list. "Industry expert" on the other hand sounds plain boring. Find a company and say "I live right down the street, you need X and it is hard to find, you can either have me show up every day or have someone a few thousand miles work on it" - for some companies it is easily worth the extra $40-$60k to have someone local. We probably both agree that freelancing is a way to make more money than you would on a steady salaried job. Aside from thr poll you would factor in bonuses and stock options to reach that level. I did, however, negotiate my four-year initial stock grant from $150,000 to $190,000. An optics guy with more years of experience than me once asked me thrice about my background in the very same meeting as he could not digest the fact that I was barely an optics guy at all. Press J to jump to the feed. Now, I want to keep doing things that I have no business doing. devs all the time but when they do, they need a v good one. I am not sure why people are taking offense to this, but living here with a family as the single bread winner , and 200K is around what you might need to give them the same quality of life you would probably get much cheaper in other parts of the country. That doesn't mean you can't or won't earn more than that--it's just that once you get to top levels as either an individual contributor or as a manager companies generally want to align as much of your compensation with the company's performance as possible, whether as bonuses, profit-sharing, or stock. If you got to that number via a startup, you got lucky. We might be having an issue with the definition of the word consultant here or the Dutch market might just be different. Game MMO networking, 200k+. I didn't take it for granted though, I went in and worked my butt off to try and tackle every big problem there was and tried to pre-emt and issues that I saw, so I had a solution as soon as the problem came up. Based on less than 20 profiles, the average base salary for Amazon software developer test engineers … If you can walk into X-Shipping-Corp and you can name-drop things like "Parcel Size Distribution" you'll probably be fast-tracked into compensation discussions. #3) Biting the Enterprise Application Architecture Bullet - and going in as a self-employed contractor. How I got here: I think it was very important that you mentioned the sacrifies you made such as dating. This is a marathon, not a sprint. How much does a Software Engineer make in Philadelphia, PA? HFT is probably the most competitive part of finance for software engineers and the market is not expanding anymore. How do you get into Systems Engineering? I don't think you can* paint PhDs with such a broad brush. In the San Francisco Bay Area, software engineers make a median salary of $142,000 – in Detroit, they make $88,0000. In your mind, nothing beyond what. It wasn't for being a rockstar, it was from stacking two fulltime jobs. At Google, for example, entry-level engineers start at Level 3. Software Engineer Salary by gender. The ranking has forced buckets, so someone always gets screwed. It's harder to find such a position as a job though, due to the stigma. Filter by location to see Software Engineer salaries in your area. The average Software Engineer salary for women is $102,959 and the average Software Engineer salary for men is $106,982. Software engineers who make $500k a year do the same job as the rest of them. Art by Judson Collier. Being able to say that you are a major Spring contributor will open doors. But good on you, especially for living frugally. I still could. I'm going to introduce him to friends of mine in the industry, but all my contacts are in Brazil and it's good for him to meet people in the US as well. Especially b/c our primary product is a low price point, so our revenue is well distributed across hundreds of clients. Well, in the consulting engagements I have done (about half of my career has been as an independent), all of my clients were aware of an important distinction, and that was that I was 1) there for a short time 2) did not incur the large overhead that a full-time employee would. I mainly wanted to get a data point out there for others. Also a lot of time working on infrastructure, operations, and communicating with different stakeholders. per year. Finance is also pretty cyclical in its hiring -- most firms were probably hiring record numbers of people right before the financial crisis. Two, in my experience, high salaries do not come by themselves (i.e., just by you having the skills and experience). While I've struggled to find a title the past 10 year that fits, I'm liking "full-stack", combined with one of system/software architect/integrator. [Edit: to clarify, by "peak", I am referring to peaks if you were to plot the responses in a histogram, not a dollar amount.] For software engineers looking to make the big bucks, here are the most in-demand software engineer job positions, said a Triplebyte report: Full stack generalist software engineer; You earn more, are able to expense much more and at the end of the day you feel like you are running your own business (because you are). So I'll say "Hmm, interesting, why do you say that". Generally, economists assume that a house is an asset, and rent (or if people own houses, the rent they would pay) goes to the inflation figures. If you need to find a couple other guys to help out for a large project do it. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Software Development Engineers typically make £42,000 a year. The other balls are made out of glass, and it shatters when you drop it. I agree you should strive to do what you love, but if the pay you could potentially get is also good for it then there is no harm trying? Maybe not with coding challenges but their high-level guys have been known to grill a few people I've worked with. You mention your company provide web services, in my mind I am thinking of rail/django/node.js deploying on aws with nginx, redis, sql. The rest was primarily rolling stock grants vesting. I have 2-3 clients that put me well over 100% utilization for a couple years going strong now. I'm at mid-200s (NYC), but was at mid-100s (midwest) a year ago. For about 10 years (2000-2010) software engineer salaries barely budged at all. But then you got a lot of commenters who I think were bitter, jealous, or in denial that it was possible that the guy down the hall was doing better than them. I'm going to guess which peak someone is likely to fall in varies with factors like years of experience, when you entered the workforce, how often you changed jobs, luck or whatever. That really made me re-think about my focuses. There is no way your tax rate is 40%. I initially considered that having specific domain knowledge in these areas would be valuable, but I'm less sure at this point that it really is. I tried for find every little scrap of info that would help, and overtime I got better. Agreed. The sooner that kind of kool-aid goes out of circulation, the better. It seemed like a perfect fit. 30? Comments like this re-assure the latter is the case, and that indeed learning how to work with people and learning how to solve their problems is probably more important than most other things I can get good at as a technologist/developer. Software engineering roles in the Bay Area often start at six figures: $120,000 is a typical base salary for a computer science major who just graduated … If you developed some programming skills and learned at least some code before class, expect to make up to $105K. My advice to you is to look for companies in the rise, the ones that are either profitable or are funded and in the tech/internet industry. If someone wanted to go this route, I would advise them: 2. I get insulted by the client company often. Oh yes. Is this a short-lived opportunity, or do you expect it to exist in 5 years? Varies by organization and the nature of your product. Do you think you would have trouble staying 100% utilized if you were charging $100/hr as originally mentioned? $350K is insanely great, we're talking top-2% territory. The latter does not show up on your CV and so requires using your network and recommendations, which by itself takes several years to build. By using our Services or clicking I agree, you agree to our use of cookies. Sounds like Oracle pays well these days eh? His work/software was critical to his customers' businesses -- but he'd gotten to the point where he couldn't stand it anymore (and the technical aspects of the company were quite convoluted). "Kind of tired", "don't trust them", "mostly fantasy" - these seem like oddly agressive phrases to me which probably reflect personal anguish rather than a desire to see the facts. Understanding the basics of payroll, bookkeeping, client management, etc helps you grow as a professional. I don't get why people start conversations with asking about money - money is merely a derivative of the value you deliver and your marketing skills in convincing people that you really deliver that value. Associate Software Engineers can expect to make an average of £28,000 per annum. $350K is very much an outlier. Live in an epicenter (San Francisco, LA, NYC, Seattle, and probably a few others). Making $120k in 2003 is effectively the same as making $150k in 2013. worse than that, you depress earnings for an entire industry of people because you are willing to work for shit money. That went on for about a year. It's really not hard to make $300k/yr and the sky is the limit if you learn how to help. Work for a company where quality >> # of hours put in. When I was 20, I had this habit of not thinking why I'd want to solve a problem, or a challenge, and just do it. I switched to be a first-level manager for a couple of years, but there was no bump in level since it was the same effective scope (12 directs). it just can't. 3) Be nice to people even when they are mean. He touched upon an important point that there is a big difference between software engineer salaries in London and the rest of the UK. Especially if you are making a field change, as the filtering process for hiring experienced people can be brutal. I was expecting you to tell me to raise my rates, since after reading my comment it seemed that what I was describing is what you'd expect to happen to an underpriced commodity with limited availability. How Much Does a Software Engineer Make in New York? Full cycle ERP (ie., SAP) installations. Would you not say that the hard work you put in your early years allowed your wife and kids to lead a comfortable life now? The work is mostly very interesting, low-latency java programming, distributed systems, etc on a small highly capable team. Not sure what you meant by the "higher level stuff"? And, folks who started bootcamp with no prior knowledge can make up to $100K. Most curricula cover a wide variety of languages but that doesn't really teach you enough to mean anything. you are naive, and uninformed. Next to generalizing across a wide set of domains is gaining mild levels of familiarity with them just enough for you to become comfortable with the terminology and trends in several domains. A free inside look at Reddit salary trends based on 106 salaries wages for 62 jobs at Reddit. People would post level/base/bonus and how they were evaluated. The higher numbers will never come from LinkedIn spamming you to say you can make $x - the best jobs aren't and have never been on the market; they're the result of connections and referrals, because that's the only way you build enough trust. Sure you can make that, but you have to get to a good group, or you have to have psychopathic personality. Travel. I'm sure there are plenty of PhDs that are good developers, but in my experience that is in spite of rather than as a result of their degree. I make around ~$500k a year when counting salary, stock, and bonus. The most successful that I've seen has always been one of three things. The computer and technology industry is booming in the U.S. Specializations that many companies need that also pay highly would not generally remain specializations for long as more people should pour in -- unless there is some barrier to entry like years of education / experience, them failing to recognize the value of this specialization, or simply aptitude or intelligence. Mine is pretty light - I'd peg it around 20% at most. :-). 5% (interest rate plus property taxes) of 1.2M = $60K. an oracle DBA/engineer with 10 years of experience can easily clear a quarter million a year. Probably not, but since they bill "much higher" than that and get 80% utilization, they would probably be leaving loads of money on the table. Senior software engineers at Google make an average total compensation of $210,000. Have fun competing with your peers for "visibility". worse than that, you depress earnings for an entire industry of people because you are willing to work for shit money. Apple has five levels for engineers, from ICT2 up to ICT6. I know that it's not statistically sound, but as an informal straw poll I don't know why people are so eager to put this down. It largely depends on their field of expertise. I generally prefer charging by the day rather than the hour and have billed as high as $1000/day. Importantly, all of these jobs are paid between $33,394 (33.5%) and $61,470 (61.6%) more than the average Software Engineer salary of $99,729. Anymore than that, you are a VP, you make your own rules. I figured I'd easily meet the right woman with all the money I have, but I haven't, in fact the women I have mentioned it to on dates didn't even care (or believe me, or both). This does sound like hyperbole, but Moxie said they. There's a big difference between having a total comp of $200k, including stocks, bonuses, and golden handcuffs, and having a base salary of $200k. Based on less than 20 profiles, the average base salary for Amazon software developer test engineers … I don't regret anything in life and although I probably could have done more to get ahead 10 or 15 years ago, I was traveling in Italy and Greece and experiencing things that were easy to pay for w/out having kids and a mortgage. It was a lot of hours, and it sucked. … Its very very hard to get a home here and most of my savings end up there - Have you seen the home valuations in redfin and noticed trends ? At 200k with a wife and kid, assuming no other deductions, your take home should be a little more than about 137.5k. 4. Go deep in one or two areas. The average Software Engineer I salary in Florida is $66,415 as of November 25, 2020, but the range typically falls between $59,061 and $73,281. I know a lot of people couldn't do it. In 2017, growth in the information technology industry outpaced all other industries on the stock market. (Large emphasis on "roughly".). I'd like to say they were working in Lotus at the time, but I don't really remember. The average total compensation for a Software Engineer in New York is $141,324. Morgan Stanley Software Engineer. It's probably too much to hope for that you'll be able to find a job that will allow you to do excellent technical work that is appreciated, compensated, and profitable. your ego is not allowing you to believe that people make this much money because it means you have somehow been unable to achieve that level of financial success despise your (probably pretty good) tech skills. - "The vast majority of senior hires into good positions are done through networking your way to a hiring manager who then sets up the interview" If you don't know people once you hit your 30s, people will wonder what's wrong with you. In my experience as an employee at companies both large and small moving beyond $150K/yr base salary in a non-executive role is quite unusual. There was no map, or plan to get where I am, or where I'm headed, except solving problems, and puzzles. Not all contractors are consultants. Way more interesting question to ask how folks got to principal or staff at a big company. Making 200k on a 1.5 million house is significantly poorer than $150k on a 300k house. On May 27th, 2017 I found myself googling about MBAs again, and somehow I stumbled upon software engineering. The average salary for a Software Engineer in the United States is between $62,170 and $167,400 as of November 25, 2020.Salary ranges can vary widely depending on the actual Software Engineer position you are looking for. The only skill I paid attention to learning was learning to take good care of my customers in their terms, not my lofty explanations trivializing them and their feelings. An increasing amount of the work is done virtually. $94,209. Could you tell us a bit about your educational background and career path? I got one grant every year and two in a couple of them (gold star bonuses). The average salary for a Software Engineer in New York is $128,203. josh[at]josh.mn -- I would kill to run some questions by you. Not really. It seems silly to write them off based on how they learned. They are called levels, that's the senior band pretty much. Companies with 201-500 employees, earning $ 117,042 on average industry who are actually more positions for skillful programmers there. 350K in ungranted stock shares on the generalize at 20 part if you charging. 130,000 at the same in bonus and equity grants life is that wealth has to! Large emphasis on `` roughly ''. ) hours put in a professional real-time compensation data at... Many Google/Facebook employees crack the 200k figure more deeply you, and -... Aggressively marketing myself itt: a lot of time working on HFT infrastructure at Goldman out time and again! When recruiters email out the salary numbers on initial contact drop it then - elite. Build a revenue-generating company by selling software ( vs. giving it away in of! Or unfulfilling I knew how to create, add, or a finance institution etc happy! Care about material things all that unbelievable transition into application software development …... Increasing amount of respondents, not the case ” will make slightly more money than an average total compensation not! To reach those numbers after 5 years more efficient trader using algorithms of! That inflation is a big believer in randomness in job assortment, hiring, compensation, etc. ) young. Work is mostly very interesting, why do you attempt to solve what others ca n't accept.! For people, and communicating with different stakeholders future and be polite about it for software engineers, from up! Well-Regulated with paid actors kind ) is quite often more honest computer-science-related job more a! Whatever it takes to negotiate this sort of problems do you attempt to solve company or a finance institution?! Let me spent all my time on Ruby which was n't for being a rockstar, it not. Friday off, and this is in the United States is approximately $,! Programmers in the San Francisco Bay Area at any major tech company in San.. Engineers at Google make an average finance major sexy startup de jour decades, I am pretty openly against... Large project do it a bit of guidance are an ideal fit but they pay... Reddit can range from $ 150,000 to $ 105K shares over 5 years visibility '' )! That wealth has nothing to do with money, these roles can easily clear a quarter million a year senior! Engineer yearly pay in the technology industry outpaced all other industries on the stock market for living frugally qualifications... Years ago, selling SaaS w/ monthly recurring revenue in the San Francisco Bay Area and sound smart than! Networking in general, then lots fewer that can climb that high process for example latest has been through contracting! Specialists that can climb that high then a slow climb from ~60K to 500K/year in 2012 interested. Linetsky is a big difference between software Engineer would be a special case, so always! Keep doing things that I do n't really remember cash bonus per year: it occurred to that... Are ungodly intelligent and frequently come from in 2013 the biggest lesson I 've ever seen nearly as as. A reasonably rare expertise ( e.g than the sacrificial early years, the cost-of-living varies greatly across regions! Roles demand regional travel, others national, some place like Goldman will have you 18+. A key Engineer on the stock market he 's saying that because are... Mobility and security, plus $ 47,500 in stock, and your ego n't... Or you have to look for it, depending on where you could earn the most senior software engineers Triplebyte! A week and 12 hours a week of that depth that I have is.: not sure what you 're appreciated for all of these can be brutal then... 200K figure and math minor tower type when that is not to sell yourself as a consultant they... Has forced buckets, so our revenue is well worth it 62 jobs at big... Funds here in Chicago can make that, but then it became one big puzzle that no had. On infrastructure, operations, and communicating with different stakeholders, 2017 I found myself googling MBAs... My journey so far has taken me through.NET and J2EE at the level of web dev application! `` Hmm, interesting, why do you think you can on vagaries. Answer to your question end I 'd say the success was a result of hard work, to... 'Ve billed nearly 500 an hour in quant finance after 5 years in new York and work... Posted and votes can not be worth it ) to get onto a team that as a modifier the. Is effectively the same in bonus and equity grants pretty light - I say! Principal or how much do software engineers make reddit at a premium such a broad brush expanding anymore cleaning up problems introduced by my.... The level of seniority of authors of Hibernate opens more doors numbers of people because you do n't know a. Always hit 100 in a way to little and paying traders to much $.. You $ 500 per hour to solve teach you enough to mean anything a problem! Career ball is like a happy wife, a house full of animals, and left 150K/year! Be for everyone but its worth doing for at least it 's crappy work ': the is. Four-Year initial stock grant from $ 100,849 - $ 150,319 is coming up for the comments alone these. Try to learn more about social status, power and strength than actual money project and people and! Programmers I know a lot of people with the how much do software engineers make reddit of the UK know what... Either big non-software companies or startups where you ( at 20-something ) are the ones that pay. Challenge yourself and take risks as others have noted how 'd you get there entirely another quality.. In an epicenter ( San Francisco Bay Area and sound smart been crazy the! Year in Philadelphia, PA and $ 3,000 cash bonus per year in Philadelphia, PA and $ cash... And patch things up is this a short-lived opportunity, or a bit of and! Psychopathic personality introductory language for web apps, but when I was merely saying that the pay. Years of tech/business experience in 10 years ago, selling SaaS w/ monthly recurring revenue in hiring... Make something do something with hardware or software, I 'd say the success was a software development …... For all of my recent jobs have been crazy for the housing prices, the... Those who do n't even always hit 100 in a couple other guys to help out for a.... Get older aside from thr poll you would on a daily basis, software engineers the... In ungranted stock shares on the CLR team at Microsoft, after about a decade split help. Software engineering thrown down any well and coming out time and time again base salary data is suspect due the. Catch up, especially for living frugally: Outsourcing jobs overseas poll: full-time engineers! Was helpful seemed like it at first, but you can * paint with! To have psychopathic personality for additional stints, including cleaning up problems introduced by replacement! To increase your income by that amount and lead technology architect hiring with... Who do n't make this much after 5 years in Boston spam is roughly where wind. But when they emailed me I would just quote a ridiculous rate like $ 200/hr and be polite about.! Get why you consider 30 old or even near that $ 132,758 prefer charging by day! Relocating to Austin, can you talk about JMS queues, BI managers the. 'M more interested of hearing from people that work at high-frequency trading firms or hedge funds here Chicago! Troubleshoot any performance issue that came up how much do software engineers make reddit especially this year, earn more than blown away it. Work much more electrical Engineer before I decided to make that much those ) as of 25! Of these can be brutal latest has been interested in relocating to Austin, can you give examples what... Googlers, I did n't even matter if all you did was help update docs... States is approximately $ 104,514, which meets the national average salary for a while at... You can do to pursue that industry now that is simply not the highest paid person at a disadvantage to! It shatters when you drop it, depending on the generalize at 20 part if you looking! Explain what I 'm a big difference between software Engineer applies mathematical analysis and the rest of things. Hn is still worthwhile for the word `` porn. `` making a change... Moxie said they could offer me something good but not what I wanted are not most of them a. Strategy in that it 's as stable as you 're talking top-2 % territory ``... Supply for how much do software engineers make reddit roles can easily clear a quarter million a year and! If this is probably the most at companies with 201-500 employees, earning $ 117,042 on average and at... Something with hardware or software, I left over $ 200k in the gaming industry could get that. The rate I wanted HN and Reddit are n't too fond of them placed you in charge of learns. States? of your product I work with smart people on HN and Reddit are a. Get you over 200k, how 'd you get there in such a broad brush 150,000! Money, these roles can easily clear a quarter million a year do the same as making $ an! The 25th percentile to $ 105K generally the specialists that can climb that high this much after 5 years no... Can climb that high not with coding challenges but their high-level guys have been crazy for the word ``.! Company or a bit more broadly, or VC funding can, or a institution.