Is this compensation reasonable?

US Bank / IT EvjN83
Jan 21 28 Comments

I am a senior application/system architect with over 20 YOE, as a Technical lead, manager. Currently getting 117 base for a TC of 140 in Portland, Oregon. Is this reasonable or am I being underpaid? I have been with the same company for over 10 years, so I am not that clued in with the salary ranges.

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TOP 28 Comments
  • Twitter Zoom.
    Your mistake: you got comfortable and stayed at the same company way too long.
    Jan 21 0
  • Definitely low for 20 YOE, even in Portland.
    Jan 21 0
  • Mentor Graphics chode🍄
    You clearly are happy with your current employer if you stayed with him for 10 years. Why worry about your pay now?
    Jan 21 1
    • US Bank / IT EvjN83
      OP
      Well, when you are just about 20 years to retirement, bound to have some regrets
      Jan 21
  • OpenTable Meliodas
    It’s low for the experience.
    Jan 21 0
  • Facebook n0be
    Too low. I am making 400k with 2 yoe.
    Jan 21 2
    • OpenDoor / Eng MhBB55
      Not after Facebook’s stock decline, nice try lol
      Jan 21
    • Facebook n0be
      It used to 500k before the decline.
      Jan 21
  • New
    nfs

    New

    PRE
    Booking.com
    nfsmore
    Since you work at a bank, that suggests you have a special experience in the field, this means when you'll transfer to a different bank you should be able to upgrad your tc quite a lot
    Jan 21 0
  • Microsoft BarFoo
    Seems quite low. Have you thought about either moving to another company or also moving to another location?
    Jan 21 0
  • Workday Letsbefair
    First, TC at a traditional bank is likely to be significantly less than at a tech company like Apple. So you have to take what other says with a grain of salt.

    Second, have you kept up with current technologies? Do you work on old tech or more exciting cloud technologies?

    Also, if your team is more or less in maintenance mode on old tech stack, then your TC may not be out of range in a lower cost area.

    Saying 20 YOE without current tech knowledge only means you're becoming a "dinosaur."
    Jan 21 2
    • US Bank / IT EvjN83
      OP
      I guess, I am getting to be a dinosaur. Being at a bank, I have a lot of domain knowledge, but we are behind the curve on the latest tech. Setting up DevOps now. Tech stack is currently React Js front end with Java on Spring, REST etc. Not on cloud yet
      Jan 21
    • Uber zerxifk
      React and Java are not getting obsolete, so that’s good
      Jan 21
  • Uber zerxifk
    Even Portland has some high paid companies
    Jan 21 2
    • Cisco / Other detroiooi
      Which ones?
      Jan 21
    • Intel / Eng xdCS17
      Basically Intel, and perhaps Nike. There is some apple, google, amazon, nvidia presence, but not very large. Cost of living is much lower in Portland than other west coast cities, so TC is going to be lower, but 200-300k can be attained for OPs experience.
      Jan 21
  • Morgan Stanley jumpornot
    Lots of employers/managers claimed the importance of loyalty but they did not give it a shit to show you the money
    Jan 21 1
    • KLA-Tencor Ajdp17
      or reciprocate in terms of job security...
      Jan 21
  • Cisco / Other detroiooi
    What company?
    Jan 21 1
    • US Bank / IT EvjN83
      OP
      US Bank
      Jan 21
  • Nokia at489136
    I have no idea, but you should check Glassdoor instead of here.
    Jan 22 0
  • Google trickier
    Can you talk more about your previous work experience?
    Jan 21 0
  • US Bank / IT EvjN83
    OP
    Thanks for the feedback. I am restricted to Portland due to family circumstances. Yes, I have stayed here too long, with a misplaced sense of loyalty. I guess, it is time to dust up my resume.
    Jan 21 0
  • Microsoft 0xdeadbeet
    You’ll find higher comp in product companies. Working in IT of a old guard company you’re a cost center. You should be able to move though and see a significant bump.
    Jan 21 0
  • Intel / Eng xdCS17
    Plenty of people with >200k TC and far less experience, in OR. Time to move.
    Jan 21 0
  • OpenDoor / Eng MhBB55
    Seems pretty low, I’m ~1.5 YOE and making close to that in ATL if you include paper money
    Jan 21 0
  • Apple sKdnNsjxjd
    Very low, when you stay at a company for 5+ years your tc falls pretty far behind. Even at Apple being pretty well compensated I’m finding more companies than I thought being able to compete. TC 400-500k depending on stock price, 20 yoe, over 5 at Apple.
    Jan 21 0
  • Facebook hbdik
    Yoo gtfo. You should be making double of that and move if needed.
    Jan 21 0