Perfect! Now I have a link I can send to all those recruiters that think I don't know what my market rate is. As a full-stack, dbadmin, devops, product management veteran engineer working on everything from Sitecore to virtual reality I consistently make as much if not more than my managers and I am not shy about letting everyone from HR up to executive management know.
Always be true to your skills. Know what you're worth and go out and get what you're worth - I learned that from watching Rocky.
With regular chats with a few old coworkers in various FANGish companies(we talk total comp between us) the numbers are always solid at levels, I wish this was more widely known as companies want to keep pay bands secret to drive down engineer's wages. Good work on the site and thanks!
> show the market rate is significantly different to yours.
Glassdoor seems not very useful in that respect, as it doesn't break things down by anything other than location and job title. Is there a site I can use that breaks down by experience level (and, optionally, skills, or, at least, front end/back end/devops, etc), in addition to location?
Informal conversations with other tech people I know have lead me to believe I could/should be making at least around $120k, but I don't feel I can take that to the table with my current company.
First off, I love levels, have contributed my salary to it, and thank you for building such a useful site.
With that said, I'm very hesitant to share my compensation or financial information personally. Like many in technology I'm very well compensated but perhaps unlike many I grew up poor and many if not most of my social acquaintances have far less money, then I do.
It's not that my friends and family probably don't know this intellectually, like I'm sure if you asked them, they'd probably tell you that was the case, but I'd imagine if you quizzed them on how much I make per year they'd guess $90k, maybe $100k.
I worry that tying my actual compensation to my name publicly would lead to all sorts of awkward at best and relationship ending at worst interactions.
I've always felt fairly compensated for my work and I can't say I really have a desire to know what my peers make. Isn't there a quote about jealousy being the thief of joy?
With that said, I do think there's tremendous value in aggregated anonymous salary data like Levels provides. I think that it helps identify systemic biases and as a hiring manager frankly helps me calibrate to how the market overall is valuing talent. So again, thank you so much for the tool. I like it a lot better than the way OP shared their information.
Considering salaries listed on Glassdoor for tech companies in my area are about half of what engineers actually make, employers would be much better served by publishing accurate salary info (including RSUs, not just base) if they want to attract candidates.
I think sharing compensation information would be in everyone's best interest to ensure pay equity. While the site obviously focuses more on the technical side, I imagine there are many similar to me who like to develop for fun, but not so much full-time and therefore, we pursued something else like finance, marketing, etc instead.
Me: SFA, level 6, 6 years experience
Recently joined (end of 2016) 110k base
45k sign on bonus (25k year 1, 20k)
50k RSUs over 4 years
I feel perhaps I should've negotiated my total comp as ~140k annually seems slightly low.
We're working on salary transparency across different levels with our website http://levels.fyi (mainly software engineering to start).
We were thinking of launching an executive version of our site. Still in our plans down the road, but it'd require people willing to submit their compensation to our site in a verified way. We're still brainstorming, but there's a lot more nuance at upper levels where people negotiate across way more things than just strictly compensation.
I'd be interesting in seeing something like this for engineering management. I'm a director outside of a major technology hub and am largely in the dark about what I should be getting paid.
(anyone with other documentation that could easily be referenced in a salary negotiation?)
Another thing: I have an easy copy-paste response to recruiter cold contacts on linkedin where I say basically: I'm committed to my current company, but I'm always interested in real salary information, if you have something you can share I'd be happy to keep you in mind in the future. ... sometimes that gets me a number.
Having accurate information that you trust is half the battle IMO.
Nice work. It works great! Hopefully you'll get some more data in there soon. It's interesting.
Lately it's been a little surprising for me what I make vs market rates. I knew I make a little on the low end, but over the weekend doing some salary comparisons on Glassdoor I discovered I was making much less (to the order of 15 to 60%) than more similar roles and contractors in other departments in the same field, and probably the equivalent of interns or just above throughout the company...
- It lets “outsiders” to the tech scene understand salary and levels at big companies. If you went to MIT you probably already have frat brothers/sorority sisters or an alumni network that consists of senior engineers at these big companies that know the promotion and compensation schemes well. But if you were an equally smart student who went to a non target school, many of these organizational “open secrets” are hidden and must be earned through work experience, which costs time and career opportunity.
- Even if you do have some access to a network, these schemes evolve over time. Salary especially (levels not so much). Having up to date data is huge for assessing options during a job search or even planning for one.
The site isn’t perfect— a lot of the leveling data is subjective AFAICT and not based on cross company moves, and the comp info seems a bit skewed for some companies and more senior roles. But its a huge step in the right direction towards empowering employees.
Thanks. Yeah that's why my salaries/compensation detail are all public, so I can try and help nudge the needle a bit towards at least having ranges available everywhere.
Always be true to your skills. Know what you're worth and go out and get what you're worth - I learned that from watching Rocky.
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