Depending on your personal tastes, you may find the lifestyle better as well. Press question mark to learn the rest of the keyboard shortcuts. Most hiring managers expect software engineers to have a Bachelor’s Degree in Computer Science, Software Engineering, Computer Programming, Software Development, Mathematics or a similar field. Change jobs every 3 years. This talk by Nadia Odunayo describes ways to moderate our communication and benefit our coworkers in the process. What kind of work got you $500 per hour ? I really don't get why you consider 30 old or even near that. Making $120k in 2003 is effectively the same as making $150k in 2013. They definitely start at a disadvantage compared to a highschool dropout in a hiring interview with me. The big thing is that I'm always polite even if I don't think it's warranted. Learn a vertical (CRM, in our case), and fix a pain point. Advice: Do more of the stuff you'll wish you'd done more of once you get older. How much do the Software Engineers who help build and make the “everything store” make? On the other hand, your income will be at least 3X the poverty line. If you become industry expert in a specific domain and that domain ends up expanding over the next decade, you end up expanding too. I might even consider them a knight-in-shining-armor. Different employers pay different salaries to their software engineers. From my experience, it does. Software engineering can rely heavily on analytic skills, problem solving, and teamwork. 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). I think that whatever it takes to make a high salary is also what it takes to negotiate this sort of situation. I'm a RoR developer making 450k a year. Understand operating systems, networking, security, plus higher level stuff (read CIO-focused magazines, technology strategy blogs, etc.) As a consultant, I've billed nearly 500 an hour, so do your math on six hours a week of that. Similar story here - developer at NYC HFT shop making $180k base + about the same in bonus and equity grants. You have to create a path for it consciously by constantly figuring your own potential and (asking for) moving towards roles of higher responsibility. It was a lot of hours, and it sucked. > I'm kind of tired of all of these salary surveys because I don't trust them. Avg Additional Pay. 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. This can make entirely new software, or produce an update for existing work. On the flip side, if you're able to keep your income effectively tied to the value you generate (a portion of your salary based on money you make or save the company), the multiplier effect is a truer way to effectively boost the average hourly rate you have. 4. If you want to do consulting, as opposed to traditional work, you can get to $200k, but you'll probably need to bill out around $120/hr or so. Especially if you are making a field change, as the filtering process for hiring experienced people can be brutal. That really made me re-think about my focuses. this is probably the most worthwhile response in the whole tread. You need to work hard and I don't mean number of hours but show that your work has an impact in your team and your company. How Many Software Engineers Are There in the US? $20k $103k $180k. Finance is also pretty cyclical in its hiring -- most firms were probably hiring record numbers of people right before the financial crisis. He worked as a key engineer on the CLR team at Microsoft for a while. Disagree. Senior software engineers at Google make an average total compensation of $210,000. 100k is closer to mid career than a maximum. This world view will prevent you from ever being successful at anything you do. Most people don't make this much after 5 years in New York and usually work much more. What is big money and can you make it as a software engineer without becoming a vice president, director, or entrepreneur? The most successful that I've seen has always been one of three things. That let me spent all my time on Ruby which was helpful. 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. Don't work 80 hr weeks more than a few times a year. To be more strategic, get into financial services. The average Software Engineer in the bay area earns $118,274. They made the offer but I turned them down. Filter by location to see Software Engineer salaries in your area. They lump levels together in "bands" and you're basically competing with your peers for slots. That includes state, federal, CA SDI, Medicare, and SS. Sorry if this is a dumb question, but can you give examples of what you mean by internal infrastructure services? Answering from a throwaway: started my own software company 10 years ago, selling SaaS w/ monthly recurring revenue in the CRM space. I sincerely hope whatever fool placed you in charge of hiring learns of this fact, and soon. 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. 1- hitch themselves to great growing clients They are apples/apples. Trading signal research, statistics, machine learning, discrete optimization. You will be guaranteed crap. How many hours you end up effectively working for it is entirely another. #1) Knowing a niche technology and/or industry, finding a company that needs to staff and going in as a self-employed contractor instead of an employee. I also have experience as a team-lead, project and people manager and lead technology architect. The struggle you will have today and 10 years from now to make $200k will be the same, but you'll never be 20 again. In my opinion though they are both bets you are place on your career. It’s one of two security jobs with a salary range that tops $200,000. There was no map, or plan to get where I am, or where I'm headed, except solving problems, and puzzles. 60 hours a week really isn't that stressful. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. Making $200k/year is one thing. The common pattern: writing web software to replace desktop software when it seemed unnatural, kind of how mobile-only apps get that feeling today. Full cycle ERP (ie., SAP) installations. Don't work 80 hr weeks more than a few times a year. The 29-year-old, 6-foot-2 Carter argues that while individual engineers are unlikely to profoundly impact public tech companies, they can make a huge difference at small startups like his. Some of the best programmers I know were self-taught. 182k. If you have an easy recipe feel free to share :). Plenty of $200k earners save less than $100k earners do. I always tried to befriend high level people and solve their problems to the point that they see me as invaluable. Geospatial Software Engineer - FS Poly - 200K+ with Security Clearance ClearanceJobs Herndon, VA 4 weeks ago Be among the first 25 applicants. Job Description. I've had more than one case where I've worked for a customer on an initial 2-3 month contract, had it extended on a rolling basis for another 2-3 months, and then found them very serious about finding a full-time engineer to take over my duties (they often offer me the job but usually it's not a great deal). Base salaries above $200K/yr are extremely rare, even for high-level managers in substantial companies. I agree with you; it is my experience too, and I don't think my comment is incompatible with your reply. All your extra incomes goes towards interest payments and then some. After bonuses at that higher level, you'll be close to $200k. You can do that at a place like Microsoft: Microsoft? When I was 20, I decided I was going to get 20 years of tech/business experience in 10 years. I'm with you there. They're metrics but how you get to them, and why is more of the "how could I apply some skills to my life", measuring the metrics doesn't get you the results, let alone getting the result in a way that you would be happy with. I'm receiving 200k base and 125k bonus as a software engineer in HFT. This is not true at all. 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. Curious what is your educational background? Hoping in another 5-6 years I can break 100K/yr. It's not impossible to get paid fairly well down here, of course. Also, the reason consulting rates are not high is not b/c of the benefits (that makes at most 20% of the diff between consulting and full time rates). Dollar amount have you working 18+ hrs a day until their code works and they can explain exactly it! Tastes, you have to anticipate the future and be polite about it ultimately for! 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