We all know that software engineering is a well-paid job; even juniors can get 6 figures immediately after graduation.
But how much do best of the best earn? How high are salaries in the tech center of the world - Silicon Valley?
And which companies pay those ludicrous amounts of money?
Thankfully, we can access that information levels.fyi.
Let's dive in.
DoorDash, a San Francisco based company for online food order and delivery takes the place 5, with total yearly compensation of a massive $1,43MM!
Because of high taxes, total salaries are spread across base salary, stocks, and bonuses.
In this case, the base salary is "only" $230k; while $1,2MM is paid through stocks.
I said only, but the base salaries rarely go over $300k. It's just not efficient enough.
This person has 12 years of experience.
Massive employment-oriented online service LinkedIn sits on the place 4, with a salary of $1,445MM!
The base salary is $340k, stocks $1,02MM, and bonuses $85k.
The person behind it has 22 years of experience.
Uber holds 3rd place. They are well known for their taxi services, but their palette includes services like food delivery, freight transportation, electric scooters, etc.
This person with 15 years of experience earns $1,5MM!
The base salary is $300k, stocks $1,15MM, while the bonuses are $50k.
This giant holds 2nd place, with the same salary as Uber's one; $1,5MM!
The bonuses are a bit bigger here (making the total salary after tax bigger), so that's why they hold 2nd place.
The base salary is $300k here, stocks $1,1MM, and bonuses $100k.
The person behind it has 20 years of experience.
Uber strikes again with the biggest software engineering salary in Silicon Valley (and possibly in the whole world).
The person behind it has 14 years of experience, and earns yearly a massive salary of $1,75MM!
The base salary is $270k, stocks $1,4MM, and bonuses $80k.
Who will surpass Uber? It would be nice to check out the stats in 1 year.
What Can You Learn From All This?
Coding is a skill that doesn't require a PhD in computer science or a similar field.
It can be learned with so many platforms available online. A 2-3 month course can be perfect for the start, even if you're a complete beginner.
It will take some hard work, but even after 1 year, it's possible to get a nice job and salary.
You won't get $1MM+ for sure, but you can make around $100k in 2-3 years from now.
If you become really good at it, those numbers can be even higher (way higher)!
What is 2 or 3 years compared to your whole lifetime? This could be something that completely changes everything.
The world is going through massive technological growth, and software engineers are needed everywhere. Demand for them is huge because almost any business you start today will require software engineers!
That's why the situation on market is so good, and it will remain for many more years.
You can catch that ride.
Be consistent, and if you have any interest in technology, math, or science, give it a go.
The prices can be astonishing.