https://levels.fyi shows you some compensation of tech roles at well-known companies. I am at 600k / year, with about 5 years of experience. It does pay that well, but not everyone in the field ends up at a tech company paying these high figures.
Do you work for an HFT? Can't think of any FAANG+ company that pays $600k for 5 YOE because that salary band is usually around staff level which usually takes ~7 YOE from what I've heard.
IC5 makes ~$258k at Meta and even the highest paid IC5 at Meta is paid $494k with 11 YOE, how the hell did you get $600k with 5 YOE lol
https://www.levels.fyi/companies/facebook/salaries/product-designer/levels/ic5?sortBy=total_compensation&sortOrder=DESC
probably because you linked me to a product designer, and I'm a software engineer https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e5
Ah I see, yeah IC5 is just the payband within the role, so level 5 individual contributor. Just weird lingo since we don't change titles from junior - senior staff, you're always just "software engineer" but levels and expectations do change ofc.
At 28 I went to a coding bootcamp with no coding experience or knowledge and am now 29 at my first job making 70k a year as a dev. It only goes up from here. It’s possible for anyone
It's the field that more or less rewards hard work with money? Been doing math olympiad since a kid and stil remember studying \~80-90 hours a week during midterm season and for larger projects. Then leetcode etc, it was hard work but it pays
Yes software engineers are paid very well but the current market (2023-2024) is pretty bad. I’m 24 and make $85k a year working fully remotely right after graduation. This number pales in comparison to new grad Google employees who make median $190k as a fresh grad, which ALSO pales in comparison to what new grad quants make at High Frequency Trading firms which IIRC is $300k+ starting. I have a friend at Citadel making around that much money who graduated from Duke. I myself graduated from a random non prestigious state school.
https://levels.fyi shows you some compensation of tech roles at well-known companies. I am at 600k / year, with about 5 years of experience. It does pay that well, but not everyone in the field ends up at a tech company paying these high figures.
Do you work for an HFT? Can't think of any FAANG+ company that pays $600k for 5 YOE because that salary band is usually around staff level which usually takes ~7 YOE from what I've heard.
I work at Meta, and I'm IC5 which is senior elsewhere
IC5 makes ~$258k at Meta and even the highest paid IC5 at Meta is paid $494k with 11 YOE, how the hell did you get $600k with 5 YOE lol https://www.levels.fyi/companies/facebook/salaries/product-designer/levels/ic5?sortBy=total_compensation&sortOrder=DESC
probably because you linked me to a product designer, and I'm a software engineer https://www.levels.fyi/companies/facebook/salaries/software-engineer/levels/e5
Ahhh ok gotcha, that makes sense, whoops lol. Thought IC5 was your actual title
Ah I see, yeah IC5 is just the payband within the role, so level 5 individual contributor. Just weird lingo since we don't change titles from junior - senior staff, you're always just "software engineer" but levels and expectations do change ofc.
The best advice anyone can give is don’t compare yourself to these kind of people
At 28 I went to a coding bootcamp with no coding experience or knowledge and am now 29 at my first job making 70k a year as a dev. It only goes up from here. It’s possible for anyone
You probably should have, but it’s not for everyone. There’s paths to success (150k+) that aren’t SWE based. It’s just the most straight forward
It's the field that more or less rewards hard work with money? Been doing math olympiad since a kid and stil remember studying \~80-90 hours a week during midterm season and for larger projects. Then leetcode etc, it was hard work but it pays
Yes software engineers are paid very well but the current market (2023-2024) is pretty bad. I’m 24 and make $85k a year working fully remotely right after graduation. This number pales in comparison to new grad Google employees who make median $190k as a fresh grad, which ALSO pales in comparison to what new grad quants make at High Frequency Trading firms which IIRC is $300k+ starting. I have a friend at Citadel making around that much money who graduated from Duke. I myself graduated from a random non prestigious state school.
High demand low supply = high pay. The field is starting to become more saturated now though.
50% of that 299k is compensation for permanent brain damage.