So recently I found out that I make 20k more than my friend. We both went to the same university and did most projects together so i can attest that he has similar skillset as mine. Unfortunately he dropped out on his last year and took a year off and when he came back he asked me if I could refer him as he wanted to go on and become an SWE. I helped him prepare for his interview and practically gave him all the potential technical questions, he did extremely well but despite that he ended up with 20k less. I know this because i spoke to the manager afterwarss and he gave me a detailed breakdown of what he did, needless to say he performed just as well and even better than me in other criterias. And yet he has been offered the same position as me but with lower TC. Same company for the same level and same salary band. I'm wondering is it due to the fact that he didnt graduate? Does university degree affect your TC in tech jobs? FYI: the company is not Morgan Stanley TC: 156K His TC: 130k
No he just did not negotiate well, my cousin dropped out without a degree and making 400K+ as SWE
My cousin is spider-man
Sabbatical?
Year off
Offers are based on what the market will bear at the time the offer is made. Maybe your friend didn't negotiate enough or maybe the company isn't paying out as much now. Mm
If anything i'd assume current market would be higher considering all the inflation going around
Eh... depends on how hiring is going. I can't figure it out myself
Education is a factor in comp. Even the prestige of university is a factor. Ivy League grad will be paid more than public school grad even with similar performance.
Even in the Tech industry?
Yes. They’ll generally get offered more but not sure about beyond that.
It depends on the company. Anything involving contracting almost certainly will except in rare circumstances. If the company says they're going to have Bob, an "engineer level 2" they have to provide someone who meets some minimum set of criteria. If the criteria are college degree or ten years of experience, your friend won't make the cut.
Generally no. The things that have direct effect: 1- Negotiation 2- Company 3- Interview 4- Performance at work
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At same company, no. Their generally same band as everyone else for all the companies I’ve interviewed at (no college)
So its purely based on performance?
Location, performance, other offers, role, level. Are the main 5 factors