I have around 14 years of technology/software engineering experience working for mostly large banking and consulting firms. My total comp currently at 167k (base plus bonus, it's mainly all base) in Dallas Texas, working as Lead Solution Architect. I am looking for opportunities in large tech companies like Google, Facebook, LinkedIn etc. For mainly Software Engineering Lead or Manager positions, since I was really impressed from some of the offers people are getting from these tech Giants specially in terms of RSU and Bonuses. It looks like I can make anywhere from 1.5 to 2.5 million USD in stocks total over 8 years period, working in one of these tech giants; which will not be possible in these large banks as technologist. Is this assumption right? Note: I am a US Citizen, I have BS degree in Computer Engineering plus MBA, with 14 years of total technology experience. I am open to work anywhere in US.
Posts like this make me incredibly sad. 167K is what a fresh grad makes at these companies đ. You have a lofty title like Vice President or Director and thatâs that. Being a Techie SUCKS at banks
It's Dallas as well, very low cost of living
Doesnât change a thing - it sucks nevertheless. Even NYC is not much better trust me, there are many many people with your experience getting 200-225 in NYC
Are you asking if you can make 1 million+ a year after 8-10 years? The answer is yes but the probability of hitting this will be low, like less then 10%. If you go to big tech or quant hedge funds your probability of exceeding $500k per year in that tome frame is pretty good though, assuming the job market for SWEs remains strong (a bubble burst will probably set things back)
He is referring to a TOTAL of 1-1.5 mills in 8-10 yrs
I have edited, total RSU over next 8 years period?
OP why would you bother about RSU ? TC for Lead/EM roles at these companies is 300K++. Even for Austin it would be 275K+ for L5/L6 position
TC includes RSU as well right? I was thinking how much I can save besides base and Bonuses in next 8-10 years...
Yes, depends on the growth but definitely 1M+ in 8-10 years
14 yr yoe with desired skillset can make anywhere from 400k-2m per year in these companies
2m seriously? It's very hard to believe!
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Try Google Austin?