For a certain class of company, yes. And it's not all CoL - it's more about demand. Especially now, outside of Apple, Google, and Facebook (and to a lesser extent Amazon), most of that class of...
For a certain class of company, yes. And it's not all CoL - it's more about demand. Especially now, outside of Apple, Google, and Facebook (and to a lesser extent Amazon), most of that class of tech company is letting people remote with either no penalty or ~10% base salary penalty.
For the higher paying pure tech companies, newgrad comp can get to ~250k. The highest I've ever known personally is a friend who as a newgrad out of college who worked at Citadel (the market maker) for 400k/yr. He no longer works there - evidently the WLB is, uh, not good - but clearing slightly over a million over 3 years is not bad at all for a 26 year old (although, at this point the tax brackets are, uh, quite high).
levels.fyi page for 2021 comp. These are very accurate at lower levels because they're pretty heavily banded - the higher level you are, the more your negotiating ability and your prior experience adds to the variability.
Is it common for a software engineering role to pay $150k straight out of college? That seems huge, even for an expensive city like Seattle.
For a certain class of company, yes. And it's not all CoL - it's more about demand. Especially now, outside of Apple, Google, and Facebook (and to a lesser extent Amazon), most of that class of tech company is letting people remote with either no penalty or ~10% base salary penalty.
For the higher paying pure tech companies, newgrad comp can get to ~250k. The highest I've ever known personally is a friend who as a newgrad out of college who worked at Citadel (the market maker) for 400k/yr. He no longer works there - evidently the WLB is, uh, not good - but clearing slightly over a million over 3 years is not bad at all for a 26 year old (although, at this point the tax brackets are, uh, quite high).
levels.fyi page for 2021 comp. These are very accurate at lower levels because they're pretty heavily banded - the higher level you are, the more your negotiating ability and your prior experience adds to the variability.
Disclaimer: this is not my medium article.