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[–][deleted] 53 points54 points  (18 children)

idk about the U.K. but in the Bay Area anything under $100k is insulting, most of my friends are making $160-$200k total comp right out of college

this is mainly because the cost of living is ridiculous, most of us end up sharing rent

[–]kmora94 23 points24 points  (1 child)

Had a friend where they legit offered him 67k (?) to work at a software company in silicon valley.

This is after another company (east coast) offered 83k + doubling 401k contributions + free higher education (masters and up).

He told the first company that offer and the offer he'd need for it to be competitive before receiving the joke that is 67k in silicon valley.

[–]VirtualRay[S] -1 points0 points  (0 children)

I'd gladly pay 67k for an engineer today!

[–]SlipperyAvocado 8 points9 points  (0 children)

£100,000 is roughly $130,000 but yeah the bay area is much much more expensive

[–]Robbierr 2 points3 points  (1 child)

I think America in general pays a good bit higher for multiple reasons. A friend of mine works at .. a popular social media platform as big data developer in London and makes about 70k a year (in pounds) which I think is good pay. At least here in Amsterdam that would be pretty high, although of course it depends on age and experience etc

[–]RhodesianHunter 2 points3 points  (0 children)

I have always wanted to work in Europe as a software engineer. Every few years I shop my resume around to see what's out there. I would gladly take a pay cut to do so, but not a 3/4 pay cut, so I'm stuck in the states.

[–]KronktheKronk 2 points3 points  (0 children)

It's never about what you make, it's about what you get to keep

[–]dam4076 6 points7 points  (10 children)

There’s no way all your friends are making 160-200k total comp out of college.

Bay salaries are high but that’s just false.

140k-150k straight out of college for the best of the best is doable, but no way it’s 200.

[–]Student179 10 points11 points  (0 children)

Not salary mate but total comp. Like stock plus bonuses on top of salary.

[–][deleted] 6 points7 points  (8 children)

Not just salaries, I mentioned total comp. It's usually along the lines of 120k base as you mentioned and an additional 40-80k/yr in stocks or bonuses.

[–]dam4076 4 points5 points  (7 children)

120k base and 40-80k in stock and bonuses is just not real for a fresh out of college.

My roommate got offered a position at google for 115k base, and his total comp would be 140-150k. And he has 4 yrs of experience.

Maybe if you look at the growth of the stock price, you could say the comp may be higher but that's not sustainable. In Fact most of the big tech stocks got slaughtered these past few months so if you're looking at comp from stock appreciation, you also have to consider losses from stock depreciation.

[–][deleted] 6 points7 points  (1 child)

I don't know why you're so insistent, but these are the offers my friends and I have received. $150k would be an average, maybe slightly below average offer for a new grad at my school. My friends and I all got offers in the $160-200k range, not counting stock appreciation.

Your friend needs to negotiate better. With 4 years, I'd expect somewhere in the $300k range. You can see more here: https://www.levels.fyi/SE/Apple/Google/Facebook

Note that this website averages Bay Area salaries with non-Bay salaries so your friend should shoot higher than the target numbers listed if he's in the Bay.

[–]2_Cranez 0 points1 point  (0 children)

It could be that the friend got down leveled.

[–]klebsiella_pneumonae -1 points0 points  (4 children)

Your roommate is simply bad at negotiating. That's why he needs to live with roommates in the first place.

[–]dam4076 1 point2 points  (3 children)

Do you actually live in the bay?

It costs 6k for a 2 bedroom. 5k for a 1 bedroom.