If you work in tech: what are your salaries?

[Anonymous]

VP level Ops big range, but bare minimum 375k-500k

DH IT sales 250k-500k

[Anonymous]

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Palantir's median dev salary is probably around $250k, which means half of their folks make more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Palantir's median dev salary is probably around $250k, which means half of their folks make more.

Is that new?! They used to cap salary at $85k; post IPO now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For the past 8 years, DH has ridden the competitive market with the FAANGs. Eight years ago he went job searching and got a competitive offer at another FAANG as the FAANGs were stealing each other's talent at any cost. At 4 years in and when his stock/bonus from that jump were about to be all vested and his comp would have been reduced by 50%, he took his 4th year comp and presented it another FAANG after a job offer. He has made $1.5M+ a year for 8 years. Sadly the gravy boat has turned dry, and 2022 comp will be somewhere in the $400K.
(seattle)

The comp structure (RSUs/equity that vest over a few years and then stop) is very strange. I know some companies do refreshers, but seems they often still lead to significantly reduced comp. Is this basically an up or out strategy? I don't understand the concept behind effectively reducing comp for long term employees.

At Amazon, year 5, it significantly goes down with RSU's especially if the RSU value goes up. You basically have to job jump every few years and go where the money is. You cannot count on how much you make with RSU's. We live on salary only.

For Amazon, yes you will have the cliff because Amazon does not do refresh. They give you so much bonus the first two years and the next two years are basically relying on stock growth, which I would say it's impressive.

For other FAANGs like FB, you get very generous refresh every half year. However they recently changed the performance review to once a year, not sure how that would affect refresh. It would be stupid to not count the RSU's because even our lender considers it.

If you wanna make more money in tech, you absolutely needs to jump to get that market rate. Well recruiters are constantly approaching from other FAANGs anyway, so there are many opportunities out especially for level3+.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Big tech companies with contracts at Intel agencies will pay this much. It’s exceptionally difficult to find highly qualified technical experts that can pass a full scope polygraph and the rates reflect this fact.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

They are a government contractor - rates are going up especially for cleared.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For the past 8 years, DH has ridden the competitive market with the FAANGs. Eight years ago he went job searching and got a competitive offer at another FAANG as the FAANGs were stealing each other's talent at any cost. At 4 years in and when his stock/bonus from that jump were about to be all vested and his comp would have been reduced by 50%, he took his 4th year comp and presented it another FAANG after a job offer. He has made $1.5M+ a year for 8 years. Sadly the gravy boat has turned dry, and 2022 comp will be somewhere in the $400K.
(seattle)

The comp structure (RSUs/equity that vest over a few years and then stop) is very strange. I know some companies do refreshers, but seems they often still lead to significantly reduced comp. Is this basically an up or out strategy? I don't understand the concept behind effectively reducing comp for long term employees.

At Amazon, year 5, it significantly goes down with RSU's especially if the RSU value goes up. You basically have to job jump every few years and go where the money is. You cannot count on how much you make with RSU's. We live on salary only.

For Amazon, yes you will have the cliff because Amazon does not do refresh. They give you so much bonus the first two years and the next two years are basically relying on stock growth, which I would say it's impressive.

For other FAANGs like FB, you get very generous refresh every half year. However they recently changed the performance review to once a year, not sure how that would affect refresh. It would be stupid to not count the RSU's because even our lender considers it.

If you wanna make more money in tech, you absolutely needs to jump to get that market rate. Well recruiters are constantly approaching from other FAANGs anyway, so there are many opportunities out especially for level3+.

We don't touch our RSU's and consider it savings was you cann't predict year to year after year 4 what you will get.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Big tech companies with contracts at Intel agencies will pay this much. It’s exceptionally difficult to find highly qualified technical experts that can pass a full scope polygraph and the rates reflect this fact.

I run operations in our public sector which brings in 500M a year. There is bot a single billed out person making 280k. Out highest labor rate is $400/hr. Are you under the impression that is what the employee makes? Even a cleared one? Definitely not in the public sector.

[Anonymous]

What degrees do you need to be a software developer? What school should you go to ?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Big tech companies with contracts at Intel agencies will pay this much. It’s exceptionally difficult to find highly qualified technical experts that can pass a full scope polygraph and the rates reflect this fact.

Literally only Microsoft & Amazon will pay this much.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Big tech companies with contracts at Intel agencies will pay this much. It’s exceptionally difficult to find highly qualified technical experts that can pass a full scope polygraph and the rates reflect this fact.

I run operations in our public sector which brings in 500M a year. There is bot a single billed out person making 280k. Out highest labor rate is $400/hr. Are you under the impression that is what the employee makes? Even a cleared one? Definitely not in the public sector.

He's probably an hourly contractor making $140/hr.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Software Developer Govt Contractor 280k/year

What government agency is paying enough for a contracting position that can cover salary, benefits, and overhead for 280k a year?

None. That's BS.

Big tech companies with contracts at Intel agencies will pay this much. It’s exceptionally difficult to find highly qualified technical experts that can pass a full scope polygraph and the rates reflect this fact.

I run operations in our public sector which brings in 500M a year. There is bot a single billed out person making 280k. Out highest labor rate is $400/hr. Are you under the impression that is what the employee makes? Even a cleared one? Definitely not in the public sector.

+1 I used to manage several highly cleared technical projects, nobody was making that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just to let everybody know, the salaries that have been reported here are, for the most part, so outlandish compared to what the average computer science or engineering grad can home to make coming out of a top 25 program as to be worth ignoring. These folks are the the 1% of graduates. Not everybody can work at FAANG. By comparison, the average salary for a top 25-ish fresh computer engineer is 91k, but at google it's more like 170k.

Exactly this. I work in a local tech company that sells to the DoD. None of our engineers are making that kind of money. $150K for managers, $130K or so for senior developers, 80k for new hires fresh out of school.

Anything gov contracting pays 🥜 . Have to move to a FAANG or really any top 25-50 tech company. Lots of non FAANG are paying a similar salary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just to let everybody know, the salaries that have been reported here are, for the most part, so outlandish compared to what the average computer science or engineering grad can home to make coming out of a top 25 program as to be worth ignoring. These folks are the the 1% of graduates. Not everybody can work at FAANG. By comparison, the average salary for a top 25-ish fresh computer engineer is 91k, but at google it's more like 170k.

Exactly this. I work in a local tech company that sells to the DoD. None of our engineers are making that kind of money. $150K for managers, $130K or so for senior developers, 80k for new hires fresh out of school.

Anything gov contracting pays 🥜 . Have to move to a FAANG or really any top 25-50 tech company. Lots of non FAANG are paying a similar salary.

What are top 50? Oracle Adobe Cisco pay crap...what is your list?