If you work in tech: what are your salaries?

Anonymous
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


As a Lockheed shareholder, this salary is music to my ears. There's a reason FAANG stocks are tanking... these salaries are not sustainable once the fed increases a few rate hikes.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Ok I'll play.

Me: SDE at FAANG, TC $300k, age 27
Wife: SDE at FAANG, TC $240K, age 25

We are in DC in case anyone asks if those are Bay Area rate.


Im a SDE at FAANG - and my salary is nowhere near that. I don't think this is true. I'm 29, grad from UVA. And I'm indian.


so you get a bonus or being Indian?


Some people think they are being funny without realizing they are the clown
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


As a Lockheed shareholder, this salary is music to my ears. There's a reason FAANG stocks are tanking... these salaries are not sustainable once the fed increases a few rate hikes.


You are happy that costs are going down? Companies only do that when they expect revenue to go down as well.. That should actually make you more worried.
Anonymous
SE FAANG Bay Area 425,000. 45.
Anonymous
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


Nj, 20 mins from Philly.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


As a Lockheed shareholder, this salary is music to my ears. There's a reason FAANG stocks are tanking... these salaries are not sustainable once the fed increases a few rate hikes.


Aerospace pays horribly. It’s like acting. Lots of people want to do it because it’s cool and don’t strategize about salary. Lots of smart kids from rural America get aerospace degrees too, military families, etc who think they are doing interesting important work but don’t realize they should be fairly paid for this technical complex task.

Most individual roles top out at $150k, $200k with clearance. Director would be $250K and usually involve BD
Anonymous
$240K base
$110K bonus
$300K stock a year

Stocks performed well so most years TC is like $1.5
Anonymous
Anonymous wrote:
Anonymous wrote:EVP, tech. $1.0 - $1.3M a year.


Breakdown of salary, bonuses, rsus, refreshers?


Sorry just saw this

Base makes up 1/3
Bonus varies and makes up about anywhere from $100K-$300K
Rest is stock
Anonymous
Anonymous wrote:$240K base
$110K bonus
$300K stock a year

Stocks performed well so most years TC is like $1.5


What do you actually do for them? ML algorithm? Ad optimization?
Anonymous
Anonymous wrote:I suspect many younger PPs here don’t understand the growth curve on TC in tech. It’s not at all linear. In early years, you might make 90-150k TC. Then at some point, assuming you are continually promoted and at a publicly traded company, you start seeing annual RSU grants in the 100-500k+ range whole base stays around $250. It only happens when you reach a certain level at the company but at that point, the TC growth rate is exponential.


This. I've experienced this as a tech executive at a publicly traded firm (we're not a tech firm but it's important to what we do).

The TC difference between VP and EVP is much higher than between VP and lower levels. RSU grants/deferred comp really start to kick in.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


Nj, 20 mins from Philly.


That explains it, DC area would be higher. I started around $60k 20 years ago.
Anonymous
Anonymous wrote:
Anonymous wrote:$240K base
$110K bonus
$300K stock a year

Stocks performed well so most years TC is like $1.5


What do you actually do for them? ML algorithm? Ad optimization?


Machine learning, specifically in the domain of object classification and prediction
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My nephew started at Lockheed as a software engineer last year making 72k.
That sounds a bit low, is this not in the DC area?


As a Lockheed shareholder, this salary is music to my ears. There's a reason FAANG stocks are tanking... these salaries are not sustainable once the fed increases a few rate hikes.


You are happy that costs are going down? Companies only do that when they expect revenue to go down as well.. That should actually make you more worried.


Eventually, these high paying software engineering jobs will be deskilled and partially outsourced. That allows employers to separate the wheat from the chaff. This will happen to tech just like we saw with programmers in the late 1990s.
Anonymous
Anonymous wrote:FAANG is Facebook, Amazon, Apple, Netflix and Google


Hell, I would never work for these companies for all the money in the world.
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