Senior engineers exceed $1 million in salary survey • The Register
If a new year means a new job, it might be worth taking a look at the Levels.fyi 2022 salary survey, which reveals that senior engineers receive up to $1 million, and even entry-level engineers can expect upwards of $250,000 at the highest-paying tech companies.
Based on over 150,000 salary submissions, the research shows that entry-level engineers with up to two years of experience can expect a salary of around $274,000 from New York-based Two Sigma, which specializes in applying data science to the software industry. financial services. Second place went to Stripe, the online payment specialist, which offered around $266,000, and third at $238,000 from Cruise, the self-driving car company.
On the standard engineer grade, Databricks offers the highest salary at around $443,000, while Cruise and online gaming platform Roblox came in second and third at $361,000 and $354, respectively. $000. At the other end of the scale, a senior engineer can expect $1,044,000 at the top payer, social media giant Facebook. In this tier of engineers, Stripe came second with $900,000, while Airbnb was third with $796,000.
Some companies did not receive enough reports to be statistically valid and therefore were not included in the salary survey, Level.fyi said through a disclaimer. He also noted the changing demand for skills throughout the year and the aligned variation in wages.
“As quickly as the market warmed up at the start of it came to a screeching halt at the end,” Level.fyi said in its commentary. “Layoffs and hiring freezes punctuate the fourth quarter ending the year with growing uncertainty for 2023. still generally increased from last year at the highest corporate and levels.”
The salary research firm also noted geographic variations in salaries for 2022. In the United States, the top three paying cities were the San Francisco Bay Area ($234,000), the Greater Seattle Area ( $213,000) and New York ($187,000). In Europe, the highest-earning city was Zurich ($178,000), followed by London ($116,000) and Dublin ($112,000).
Despite Big Tech layoffs and global economic headwinds around the world, Gartner predicted that global IT spending will reach $4.6 trillion in 2023, up 5.1% from 2022. ®
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