Determining the exact salary of a Technical Program Manager (TPM) can be difficult, as there are various factors to consider. This post aims to provide you with relevant information to help you assess if your new offer is reasonable, primarily targeted towards individuals new to the tech industry. I will walk you through the basic questions I once had while trying to understand my first tech salary. Factors That Affect the TPM’s Salary Location: Geographic location affects TPM salaries, with Seattle, SFO, and NYC typically paying the highest. Cost of living can also affect salaries. Years of Experience: Focus is on experience in program management and technical skills rather than the number of years of experience. Type of Experience: Relevant experience as TPM, Program Manager, Developer, SDET, or Product Manager is more important than years of experience. Domain Know-how: Domain expertise can command a premium salary, particularly if it is a scarce skill. Previous Employment at Tech Company: Having worked at a top tech company or startup can increase the chances of a premium salary. Product Company vs Non-Product Organization: Product-based companies tend to pay more than non-product organizations. Interview Performance: How well you perform at the interview is a key factor in determining the level and salary offered. Levels: The level of role offered can impact salary, with entry-level roles typically paying lower salaries. Median salary ranges for entry-level TPM in Seattle are: Amazon: $210,000 Google: $261,000 Meta: $351,000 Microsoft: $223,000 Based on experience, entry-level TPM in a big product-based company can expect around $250,000, while more experienced TPMs can reach anywhere from $300,000 to $650,000. Total compensation in tech companies = Base Pay + RSU + Sign-on Bonus. Base Pay is straightforward, while sign-on bonuses vary and are dependent on factors like difficulty of finding similar candidate, urgency of need, and stock given up at current employment. Sign-on bonuses may have a clause requiring repayment if leaving within the first year. RSUs are generally stock units split over a set period, but can also be offered in dollars, awarded in increments in a year, or within the year. Resources https://www.mariogerard.com/technical-program-manager-salary/ https://www.levels.fyi/companies/google/salaries/technical-program-manager https://www.salary.com/research/salary/posting/technical-program-manager-salary #tpm #tpmgoogle #technicalprogrammanager #mariogerard #jobs #faang
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Thanks for this! Why would having worked previously at a tech company increase one's offer?