I'm a SWE 8 grade at Intel Santa Clara, with 6 YOE (10 including PhD), and I make 150/40/30, so 220k TC. Is this a good salary in Intel? And comparing with other tech companies? I have a chance to get a rise and I'm trying to figure out what is a good compensation.
Seems good for Intel...
what kind of work are you doing at Intel ? OS level software ?
design engineering G7 155K base and 50K+ bonus rsu.
Why do you work for intel if you are a swe and based in the Bay Area? Move to a software company. They pay a lot more.
Good salary for your yoe for Intel
At Intel, do they differentiate SWE and HWE salaries?
Yes SwE gets more and is promoted faster . All demand and supply
It's low. I know from multiple folks in SC that intel has done a market adjust for two straight years for EE / O performance level. Both adjustments have been in the 9% to 12% range. So anything less than a base of ~175 at 8 in SC is low. But maybe the adjustment wasn't done across multiple groups. Stocks is better than average compared to intel standard though. Also new hires are starting with 10 to 15% higher pay than internally promoted ones. So another reason to leave
Thanks for the info. I was hired one year ago, so there is a chance my salary is the result of that adjustment already
Not true .. the base depends on how fast u get to 8.. if it took you 15 years to get 8.. the base will be 175k .. else 10-12 years (without PhD) 140-150 ..with PhD (7-10 years)..
175k is a grade 9 salary .. though the band is as high as 220k..
What are your work hours? If you have work hours less than 40, I think the salary is great
40 hours
Thatβs good because you can do other activities outside work