A 21 yr old, Entry level software engineer in the Bay

Fidelity Investments AkumaFi
Jan 12 24 Comments

135 base, 60k sign bonus, 75k yrly grant. 270k TC in title (edit: Supposed to be 210k TC).

3 yrs to finish school, no student debt. Very lucky!She gets some pettiness in comments, but this TC seems very ok for entry, no?
https://www.refinery29.com/amp/en-us/six-figure-salary-story-software-engineer-berkley-ca

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TOP 24 Comments
  • Walmart.com ToKL28
    Sign on bonus is not part of TC. It's a one time deal.
    Jan 12 3
    • Amazon ufkggjjy
      At Amazon sign on is part of TC due to the back loaded RSU vest for initial grant. Future grants are not backloaded
      Jan 12
    • LinkedIn
      plowing

      LinkedIn

      BIO
      Always plowing hard
      plowingmore
      RSU grant is also a one time deal according to your logic. I would take a 100K sign on over a 100K RSU grant any time.
      Jan 12
    • Walmart.com ToKL28
      Well, we are mixing apples and oranges here. TC generally means total annual compensation. You can't call a TC of 270k if next year it will be 210k.
      What would make sense is amortize it over 4 years. So proper number would be 225k.
      Jan 12
  • Oracle ifvjwaxgvc
    Fuck! I just get 130k. I’m 3yr experienced
    Jan 12 2
    • Fidelity Investments AkumaFi
      OP
      She mentioned she had prior paid internships at Google and Instagram too. Might count as some years experience under her belt.
      Jan 12
    • Microsoft PM37B
      It doesn’t count is years because they are summer internships. But they do count as experience and track record.
      Jan 12
  • LinkedIn cat5
    What company pays this TC to a new grad? Not insta or goog then it must be either uber/lyft/pinterest/airbnb? In that case its paper money right? This is prob airbnb. Heard they give out 135k base
    Jan 12 0
  • Airbnb pdkrns
    270 includes sign on. Article says TC will be 210 going forward
    Jan 12 2
    • Fidelity Investments AkumaFi
      OP
      Eh, righto. It is more like 210.
      Jan 12
    • Microsoft PM37B
      TC Is cash salary + cash bonus + stock (option or grant). Signing stock and signing bonus are one time things. For a campus hire, annual bonus and annual stock refresher are usually much lower than signing bonus and signing stock. And stock vests over time, and stock is can be meaningless for a pre IPO company that may never IPO.

      So next year at annual review it’s likely her salary will be $135k plus merit increase of say 3%. And a bonus of say 10% so $13k. And a stock grant of say $10k.

      TC for next year will likely be around $162k.

      TC next year is this nowhere near $210k or $270k. This is often a surprise to Amazon campus hires because they get really stingy with stock at year 1 and even more so at year 2. Microsoft gives a big signing bonus and stock them same size annual bonus and stock opportunity in the next years.
      Jan 12
  • Microsoft / Eng babaisyou
    Is it me or people don’t know how to calculate TC. Does she get 60k sign on every year? By year two her TC is $210k. Since many companies give stock grant over 4 years I would divide 60k by 4 and calculate the TC to be 225k, is still a lot for a 21 year old.

    Granted, she does mention the drop in the article. But title is misleading.

    Which is also a lot more than most senior engineers at Microsoft. I really hope she provides 225k work for value for this company.

    Even if she doesn’t, she milked them good!
    Jan 12 0
  • Facebook / Eng Needfool
    That's just a top tier FANG offer for fresh grads. What's the big deal? Clickbait
    Jan 12 3
    • Amazon Jеff Bezоs
      Why would they give a signon bonus to a new grad? I thought signon was to compensate for previous unvested stock, etc.
      Jan 12
    • Facebook / Eng Needfool
      FB gives 100k sign on to their top returning interns. The stocks and base here is a bit high which leads me to believe it's a startup.
      Jan 12
    • Google / Mgmt starlight1
      "I'm really glad I chose the company I did, even though it's smaller than the past few places I've worked. I feel like the work I do makes much more of an impact."

      Yep almost surely a startup
      Jan 14
  • Microsoft Chippah
    Spread this like wildfire. Get more women in tech earlier on.
    That would help more than forced diversity hiring
    Jan 15 0
  • Microsoft PM37B
    Lol at TC. She’ll be in for a surprise that the next year stock grant will not be as high as the sign on stock grant.
    Jan 12 0
  • Netflix
    Ribosome

    Netflix

    PRE
    Uber
    Ribosomemore
    If you adjust salary by col then it’s really not that high in Bay Area
    Jan 12 2
    • Microsoft / Eng babaisyou
      What’s avg in the Bay for a 21 year old?
      Jan 12
    • Credit Karma ckPikachu
      Did you read the article? Her “col” is pretty damn low.
      Jan 12
  • New TKpg12
    Even though it's technically $210K, it's an incredible number. I need more back story.
    Jan 13 0
  • Palantir tnAV55
    Great TC.
    Jan 12 0
  • Amazon allanact
    Awesome!
    Jan 12 0