New grad swe salary reddit

New grad swe salary reddit. PM salary will never match SWE salary. So idk how op could get 170 as a new grad unless they have a PhD and got headhunted for a specific team or something, so the usual comp bands are New grad (Bachelor's) quant dev offer $330k, AMA Finishing up my bachelors in CS (and math minor) this year and finished my job search for full time. NoVa. my new grad job process: 119 apps -> 4 offers Hey all! I wrapped my NG job hunt during these crazy times and I wanted to share my experience. For new grad, maybe not too bad, as to work in geico for 1 - 2 years and when get a senior engineer role somewhere else with 20-50% bump in salary. But you're absolutely right about C1 and lots of other companies do this as well. This subreddit is for all those interested in working for the United States federal government. applications: 119, used this Github repo to find all my jobs. com), except for new grad offers as I figured that recruiting season is mostly over by now. I'm hoping to negotiate with Bloomberg and potentially having them match Atlassian's Bay Area salary which is 200K (131 base salary, 37. Just in terms of income, he recommended to avoid snubbing a chance for a higher starting salary as even a $5K higher salary can carry a lifetime higher earned income. SREs work more independently than SWE generally. Yeah but anyone can do it if they plan a bit ahead, you can go this high for swe too Intern random company -> intern at faang++/smaller quant firm -> intern at cit/js/radix/hrt/other prestigious firm -> interview for other firms for new grad when you get your return offer -> bid them against eachother to get 500-600k first year tc Salaries can go up to 180k for new grads in Toronto (I actually heard stripe is paying 200k), but these jobs do require a ~6 month investment in leetcoding. 8k. That's my two cents. standard msft new grad is now 195k on a split of 129k + 25k + 140k /3. Location: Seattle Salary: 108k + 15% bonus Relocation/Signing Bonus: relocation 10. I just completed my interviews with Meta for the New Grad Position During my first Round I couldn't solve the questions given… They each said a little about the year 2 salaries, and it's the same thing where the salaries are pretty similar, but if you are a top performer, Optiver will outpay by a lot. It seems fairly competitive compared to other people my age here that also work in tech. master. I'm a new grad. I interned at MongoDB and absolutely loved it there but not sure if it’s worth taking the lower TC. I suppose, but afaik I got the largest new grad package currently available (125 base, 15 bonus, 10 per year in stock) and that's still only ("only") 150. amazon pays more in a state with lower cost of living and no income tax. We would like to show you a description here but the site won’t allow us. The position, according to the offer was “Engineering Analyst position in the Technology Division of Goldman Sachs. This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). I work in big tech as a senior engineer, and I'm genuinely curious as to how bad it is out there for new grads now. Hi everyone, I got a new grad SWE offer from Bloomberg. I got an offer from them in March 2020 which was an annual salary of 100k with a 35k sign on in NYC . Their remote offer is definitely less attractive though since they reduced the stipend from $8. Another bank. I got my internship converted to a full time offer at Dell Technologies for Austin, Texas. The base salary that they offered me is 88K with a sign on bonus of 8K and a potential year end bonus of 5% performance bonus (I’m not considering this in my TC because it is not guaranteed). I'll give all my offers I got during y new grad hunt as a slightly above average CS grad with 2 prior internships 85k salary+7k sign-on. prestige is useless here. For example, so many people who live in NYC making more than 200k or 300k. true. TC is ~180K-200K at Amazon and Bloomberg and MongoDB is 160K. And the starting bonus is a one-time thing. The job is based in NYC and starts next summer. 5k, signing 80k Stock and/or recurring bonuses: 170k/4 Total comp: 257k year 1 (247k excluding relo); 167k after Hedge fund Hey r/cscareerquestions!. In terms of my background, I'm a master's student in CS with one SWE internship and no full-time experience. ⚠️ Please note that this repository is exclusively for roles in the United States, Canada, or Remote positions 🌎 Jan 14, 2022 · 300-500k is the "new normal" for top of market quant new grads going to the best firms. Posted by u/Infamous_Yoghurt_642 - 3 votes and 6 comments All for new grad SWE. Many don’t believe that $300k is a realistic TC for SWEs (too high). Both were Manhattan. 5 with no negotiation compared to amazons 178k. I had a BB quant offer at $140k/yr + $100k/yr bonus, so I tried to negotiate Bloomberg to $260k/yr. So I decided to take on more courses so I can graduate quicker, but I instead ended up fucking myself over by graduating during the worst time in 15 years. I think it is stil relevant in this sub to rank by all levels since a lot of people choose where to intern/new grad based on the long term pay potential at some companies. Looking for internships? Check out our internship repo here. Would some of you mind sharing what this salary progression looks like? Right now, it's $105K base during training, $110K after training, $10K relocation (roughly 40% goes to taxes), and $10K in stock each year for five years. If u want to quickly find a job, I don't think it should be too hard to get one that pays 100k+ with 1 YOE. These are for new grad roles (base + bonus). 307 votes, 381 comments. Shaw. This Repo is no longer maintained. The package is 155k base, 17k annual bonus, 10k relocation and no sign-on bonus. EDIT: overall, I thought that the Bloomberg salaries were too low Does anyone have concrete data on companies average new grad comp for the companies: Citadel, JaneStreet, HRT, Optiver, TwoSigma, D. In a low CoL area you might make 10% less than those listed figures but that’s still huge especially when you don’t have crushing housing costs. From the people that I've asked and from numbers on levels. Took the BB offer instead. Tenure length: New Grad Salary: 118K + 10% Target Bonus Relocation/Signing Bonus: 110K (100 signing + 10 relocation) Stock and/or recurring bonuses: 160K/4 yr Total comp: 280K first year, 170K recurring. School: BS CS @ top 25 CS school Prior experience: 1 startup, 1 Facebook (internships) Google. All are in NYC. i'm a manager who has hired people for my devops/sysadmin/SRE team. 70k AUD is at the high end of grad salaries if super is excluded and you will barely see any of it after tax eats it all up. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. the worst they will do is come back and say "no, 100k is all i can do". Do people forget that the median salary in the US is $56,000 a year. Friday will be the thread for people with more experience. 2021 New Grad Applications. Offer 1: MCOL (remote), data analyst, 75k + 10k Offer 2: MCOL (on site), data engineer, 74k + 8k Offer 3: Remote, software engineer, 75k + 0k Offer 4: MCOL (hybrid), software developer, 80k + 5k During the 2020-2021 graduating year, new grads were essentially guaranteed a job (you'd still need to apply to hundreds of jobs though). Obfuscating salary by 25k could help you ensure its anonymity if that's desired while preserving most information! Here's the template I'll use. I got a 95k total comp in Chicago for swe role for new grad for a non fang company. But that seems very low. I recently started as a New Grad developer at Goldman Sachs, and about 4 months into it, I received an Amazon New Grad 2021 offer. There are other reasons, but that was a large one. always negotiate. They went up from $160k/yr to $165k/yr. FAANG salaries are still FAANG salaries even if you’re in North Carolina. They are offering $120k worth of shares over 4 years as part of the stock award. ” Edit: For context this was new grad. I went through all their rounds earlier this month. I’m very grateful to have gotten offers from all three for new grad but am having a hard time deciding which one to take. This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). I sought MCOL. Get the Reddit app Scan this QR code to download the app now Seeking SWE Salary Negotiation Advice (New Graduate) Hi, I can say 80k is low salary for new 79 votes, 41 comments. I… This is a thread for anything related to new grad opportunities at Amazon. Delaware. Need interview prep? High new grad salary is 100k+ in most of the country. He was showing tons of salary tables and that $5k starting salary across 3-4 jobs in a career can result in $500k+ more in earnings before retirement. the bands were updated this year but levels doesn't have enough information to update. 120k salary + 10k relo + 20k sign-on + 43k stock. SRE is far more dynamic and allows for independence. My company is based out of San Francisco and adjusted my pay for the Chicago location. Good luck! Help negotiating new grad SWE salary I am graduating next spring and was just offered a position as a Software Engineer in the PNW for a large tech company. Industry sees SRE as the blue collar/mechanic and SWE as the white collar engineer. Money isn't everything, but it's important to be aware. prep: blind 75, neetcode, and company specific questions w/ lc premium That’s not correct. Received a fulltime quant dev offer with a minimum guaranteed first year comp of $330K. My compensation at Goldman rn is 100k base 35k signing and expected about 20k prorated yearend. A smaller tech company. Meta : 124k Base Salary, $55k Stock per year, $85k Signing First Year TC: $264k 3 . The current offer is 140k base + 25k sign on + 5k relocation Star 1. Is this an average salary for non faang… I actually work as an American new grad swe, hopefully can help. "Based" In Seattle but can do Got a new grad SWE offer at $160k/yr + minimal bonus. For every "new grad" role, there is likely another entry level position also listed somewhere else. There is only a slight decrease in salary if you live in a low CoL area but it is pretty minor. Cause I've been going through threads on here and WSO and most of the people posting are have gotten offers from like 7 companies and they're getting 400-600k new grad TC which I know cannot be 405 votes, 268 comments. There was already a thread for that. FWIW: As a nontraditional new grad, here are my offers from the last couple of months. 14 votes, 11 comments. So, the "list of new grad 2022" is the same as "list of entry level jobs in 2022" and entry level jobs open up all the time. Roblox : 146k Base Salary, $69k Stock per year, $35k Signing First Year TC: $250k I accepted a new grad offer in Chicago for 100k minimum (don't have an exact number yet due to covid weirdness) + stocks and benefits. TC for both is close (calculated as Base + RSUs/4 + Signing/4) honestly this isn't a very good way of quantifying the TC for the position in my opinion, most entry level people get promoted within two years to next level at most companies (and certainly no guarantee you stay > 2 years anyways), might be better to quantify it as /2 imo for the signing bonus, might help to consider the next I am planning on moving to NYC so Atlassian's NYC offer is 187K first year (118K base, 37. I went PM because I didn't want to keep up w/ Leetcode for the next 10-20 years every time I change companies. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Dallas. Sep 9, 2022 · The r/cscareerquestions discussion centered around what’s the the average salary of SWEs and people calling out selection bias (420 comments so far, nice). SWE build and good SRE build plus correct what isn’t working in the field. SWE rarely are fixing real-time what they created. . 95k salary + 5k sign-on. Don't doubt that there's some, obviously, but the AVERAGE SWE in NYC makes $128k. The 2021 Full time grind has begun! Use this repo to share and keep track of any full time positions in quant, SWE, and PM. This is inspired by 2023 Quant Total Compensation Thread : quant (reddit. Also bonuses are 25%+ which I believe is good for the field Great learning experience. e, not new grad) should use this thread or alternatively contact the mods for permission to create a separate thread. The rest of the rules are the same as this main thread. Use this repo to share and keep track of entry-level software, tech, CS, PM, quant jobs for 2024 & 2025 new graduates. A "new grad" role is just an entry level role with a different funnel / recruiter. don't be a hard ass about it, but if they offer you 100k, then say "i was hoping for 110k". Posted by u/MonkeyDLuffy1681 - 152 votes and 66 comments Yeah sure. For a 2023 repository check out our fork here. Here are my thoughts: I'm new to big tech scene, but I'm happy with the pay. microsoft new grad now pays more than amazon. Rippling : 140k Base Salary, $101k Stock per year, $10k Signing First Year TC: $251k 4 . 100k salary + ~12k in other stuff. 5 stocks, rest bonus). fyi, the average new grad offer seems to be around $250k first year ($150k base + $50k sign-on + ~$50k performance bonus), though the performance bonus can vary. 5k to just $3. I just received a new grad offer from a company in new york after an internship. F and especially G have OK intern salaries but really good new grad salaries (fb more so than edit: google). Stripe: 134k Base Salary, $79k Stock per year, $73k Signing First Year TC: $287k 2 . 5 stocks, rest bonus) and Bloomberg's base offer is 170K (150 base, 20 bonus). why take a massive pay cut after factoring that in for "prestige"? I’ve been working at the same company for 8 years and am tired of my current job, management and just the vibe so want a change. Those looking for roles that require experience (i. A recent Reddit policy change threatens to kill many beloved third-party mobile apps, making a great many quality-of-life features not seen in the official mobile app permanently inaccessible to users. So why does it say "Netflix is now taking interns and new grads " EDIT: OHHH it means they have an offical program for the one of the first times. README. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. 31 votes, 40 comments. The work-life balance of IMC is better, and the hours are probably around 9 - 6 or maybe even a bit shorter, and Optiver would likely be a bit more like 8-6 pretty CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. SWE is pretty much a front office role at trading firms now (though not at quant hedge funds). I interned at Meta last summer (as a SWE) after applying to 80+ companies, and since FAANG applications are opening up soon, my friends & I (who have no lives) decided to make a tier list of the recruiting sites/resources we used while applying to internships. You'll always be 10-25% under your SWE counterpart, so just keep that in mind. 11 votes, 20 comments. A Bank. I've noticed Reddit Especially OVER estimates their salaries. ----- Company/Industry: Google Title: Software Engineer Tenure length: New Grad Salary: 115K + 10% target bonus This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). E. Also between lockdown protests, completely unavailable vaccines and companies making life as difficult as possible for internationals to find work the salary may be the least of your worries. After you apply, the recruiter will send you a questionaire you fill out, they ask about your GPA, why you want to work for Geico, any technical projects you’ve worked on, how you stay informed about new tech and keep learning and then they ask about your experience on specific languages/technologies. Please only post an offer if you're including hard numbers, but feel free to use a throwaway account if you're concerned about anonymity. Quite big difference between H1b engineer salaries and other engineers, giving slavery vibes with management projecting point of view, that they have no were else to go. I know people from my school getting 40k and people getting 100k+ This sub doesn’t see the first type, only the second type, but I promise a lot more of the first type exist than the second type. While I’m not a developer or software engineer, I do work in Healthcare IT, specifically in IT Management for a fairly large company (100,000 employees). All with a 15K signing bonus and 7-12K performance bonus per year. If you're asking banks in general, the new grad salary for software engineers at Capital One is (correct me if I'm wrong): 106K in NYC, 99K in McLean / Chicago, and 91K in Richmond, Wilmington, Plano. 5k. otsqaa bxt npo exmt lprd vielva ojmg znsesdey mkzxt hjlrvf