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lurker123 commented on My somewhat complete salary history as a software engineer   humanwhocodes.com/blog/20... · Posted by u/jodooshi
throwaway33441 · 7 years ago
gross comp in 2002 adjusted for inflation would be ~$285K, vs this year @ ~$340K, but big difference is net — as a consultant, health & life insurance, travel to global conferences (an indulgence of mine), employer taxes and 401K/SEP IRA are considerable. I priced out a comparable open market family healthcare plan before taking the role I'm in now (large but youngish tech company you'd recognize) and it was shocking: almost $2,200/month vs ~$300/mo as a salaried full time employee. Counting benefits for 401K, stock discount purchase, and basically free travel to any conference reasonably related to my job, it's not even close. I get 6 weeks pid vacation and generous holidays, none of which are free as an independent. Also, because of a pre-existing condition, I am uninsurable if ACA is ever repealed, and forget about disability or life insurance (ironic thing is I'm probably measurably healthier at 48 than I ever was at 27). I have $1M coverage now, plus $100K for my SO.

So I look at it as plateauing, but rather I freely acknowledge I hit the lottery early from being in the right large city, at the right time, and happened to pick up and enjoy a skill that was in high demand (see Patrick McKenzie for the definitive wisdom on this, and negotiation). Sure, I worked my ass off, benefited from a great university, but mostly was just a smart guy who got lucky and motivated. In some other universe, who knows how things would have turned. But I have zero desire for the 60 hour work weeks of a corporate tech life on the "leadership" track, nor the soul-crushing grind of a daily 90-minute commute. When my oldest child took his first steps, I heard every detail. Over the phone, sitting in my corner office alone at like 8:00 on a week night. No thanks. Today, I own my own home on a beautiful, large private piece of land outside a medium sized city. My commute is from my bedroom to my upstairs office, except for a week or so every two months when I fly to HQ. I see my kids soccer and basketball games and I manage no one. I'm an "individual contributor" whose paid handsomely and get to work with some of the brightest engineers of my life and travel to awesome places to meet up with old friends. And yes, I do present occasionally, but I don't /have/ to to have my way paid. It's a good life, and this is exactly where I want to be.

lurker123 · 7 years ago
Thanks for the detailed info.

I was only glancing and saw the base pay.. Yes I agree contractor vs FTE has a lot of compensation differential beyond base pay.

Looks like you have a sweet setup right now. Congrats

lurker123 commented on My somewhat complete salary history as a software engineer   humanwhocodes.com/blog/20... · Posted by u/jodooshi
throwaway33441 · 7 years ago
My path is one of the underappreciated hybrid: started in major metro (DC/NY/Boston) and moved to small town in the south after many years, finding good gigs offering remote work for DC-, NY-, and SF-based companies. Found a nice niche in security/ops/development in gov & healthcare tech. So, here goes:

DB/Ops Engineering

1999: $60K base. Fresh out of masters program, large F50 DC gov tech firm (#1)

2001: $100K + $5K bonus. After building a successful practice area (still #1)

Independent Consulting, Security Ops & DB Architecture

2002-3: $150/hr, ~$200K/year. Small, rapid-growth Boston healthcare company (#2)

System/Security Architecture

2004-7: $150K base, $50K-$80K bonus. (full-time salaried at #2)

2008-12: $180K base, $10K bonus. Mid-sized DC gov tech firm (#3)

2012-14: $200K base, $20-40K bonus. Mid-sized DC gov tech firm (remote #4)

Security Architecture/Product Security

2015: $150K base, $20K bonus. Startup (NYC, remote #5)

2016 - 2018: $200K base, $20K bonus, $100K options. Large tech (SF, remote #6)

I know half a dozen co-workers (senior engineers or technical directors) whose net annual comp is also in the $300K range. It's not common, but if you're pulling <$100K with 6+ years experience in software or security engineering, you're getting screwed. (Throw away account, but happy to respond in thread; edited for formatting)

lurker123 · 7 years ago
Interesting that it's similar (lower if adjusted for inflation) level of compensation since 2002. Do you feel that your specialty is plateauing in terms of pay? What would it take for another compensation increase?
lurker123 commented on My somewhat complete salary history as a software engineer   humanwhocodes.com/blog/20... · Posted by u/jodooshi
lurker123 · 7 years ago
My history from Midwest to Mountain West

2004-2014 53K - 85K at the same company ( Had a shit ton of extracurricular pursuits.. didn't really focus on software engineer growth)

2015-2017 95K - 107K different company

2018 contracting 170K contractor at different company

2018 FTE 140K + bonus + benefits at different company

u/lurker123

KarmaCake day1November 1, 2018View Original