Just saw an entry level SWE job posting from PayPal and the salary range is 50k to 120k !!!! This is insane. 50k for a SWE, cheaper than McDonald cashier
Deflation
A full time employee at $17.50 per hour, a decent cashier wage, only makes $36,500. I do get the range is huge and hopefully it is related to location because $51,000, for even a newly graduated SWE, is obscenely low. Will both jobs be replaced by AI in the future?
Minimum wage in my town is currently $18.07 (and admittedly needs to be higher still), but it's still way too close to entry level salaries right now.
Shouldn't minimum wage match entry level? 🤔
Base salary, not TC. If a new grad can get the top dollars ish, $123.7k base + stock + bonus + sign-on isn't bad at all. TC could be ~200k. Plus, full remote and brand recognition.
PayPal doesn't pay so much in stocks and bonus. Might not even hit $135k at max https://www.levels.fyi/companies/paypal/salaries/software-engineer/levels/t22
Also, in today's market, they won't get the highest pay even they are in bay area. It's just for listing purpose.
Time to switch career.
Entry level is done by chatgpt. They’re just hiring entry level to train them to get to mid junior when they’ll actually provide some value.
When I was at PayPal as an iOS developer, the salary on high end is for entry level most likely.
Salary in india is higher than this.
PayPal India swe is 1/3rd of this.
Also col in India is lower.
That's the national pay range, it says. In Arkansas or Mississippi, that lower range may be market rate.
I don’t think 50k is what anyone would be getting paid. That might actually be the salaries they give in india but converted to $
Did you even read it or are to talking out of your a$$. It clearly says “US national average …”.
2024 Presidential Election
Yesterday
214
Canceling debt isn’t inflationary or costing tax payers
Tech Industry
2d
8691
What happens when most of your team is Indian?
Tech Industry
Yesterday
442
How will Nvidia stock do after Earnings?
Tech Industry
Yesterday
2351
Do people underestimate E6 role at meta?
World Conflicts
4h
249
Peaceful Protest Hasn’t Worked and Has Been Met With Aggression.
Entry level market is beyond fucked. Why get a new grad when you can get laid off seniors for a discount?
Because vengeful seniors can do more damage to your company than naive grads
That's very short term thinking. Yes you'll probably get a FAANG senior for 250k but they'll run away the first chance they get. No way they stick around with mediocre salary. Rather hire new grads and grow them