117k + 15k Bay Area, 10 yrs experience Software Engineer, McAfee
I have just above 10 yrs of Software Engineering experience. I make 117k base plus around 15k bonus in the Bay Area Santa Clara region. I know I am underpaid but wanted to get a an idea/number on how much so I can use that for discussing with my manager. It's always better to show data during such discussions (I'll of course look at other sources but any input here is valuable)
He is waiting for you to leave 😀make the move .
The going rate is anywhere from 160k base to 180k if you look at total comp it goes beyond 400k
1 million.
It's totally underpaid, One of my frnd (new grad) got 125 base with zero years with one of mnc companies. And with promotion or increment you will not get more hike. Please change company.
Even in a doomed area suck as network, your comp is more or less of an entry level . Fresh PhD or master with software engineer title might make more than yours.
You deserve a better job.
My new grad offer at Amazon is 103k base plus 26k signing bonus first paycheck + 26k spread over the second year + 65k stock over 4 years (5/15/40/40 vesting) (Not trying to brag, just giving you a data point)
Damn sure you deserve better pay. Please change
Bringing it to your manager probably won't net you that much more (been there done that). Even if you got a 100% raise, you'd still be potentially underpaid for 10 years exp. If money is your goal, I'd say just jump ship, and never mention your current comp to future employers.
I try to avoid commenting on things like this, but I genuinely hope this helps: I don't think you can fill the gap just by talking to your manager, since it's so large (anywhere from $10k-300k) . You'll have to get some competing offers, and probably consider leaving McAfee for one of those offers. Without getting into specifics, I can tell you that I graduated from a no-name school, with only a BS, and made ~50k more than you are making right now right after graduating. This offer was made 3 years ago. (edit: at LinkedIn) That being said, I got very lucky. You're also lucky because your salary is also good, by normal, non-tech standards, but could be better—especially considering that you're a software engineer in the Bay Area. I'm in no position to say how much you should be making, since I don't know anything about you, or your org, but I hope this helps. Hopefully you can work things out with your manager. Best of luck!
You have no leverage to negotiate unless you get some competing offers #artofthedeal