Big tech in HCOL areas (Seattle, all of Cali, etc.) pay new grads about 100k to 150k base, with a hefty sign on bonus (anywhere from 20k to 50k). RSUs usually only vest about 5 to 10% of their total stock in the first year, but thats about 5k to 10k
Of course HCOL means this money is relatively less than it seems, but still a lot for new grads.
Anecdotally, I know people from Stanford/MIT who did get their first jobs in the Bay Area for more than $150k more than 10 years ago, so it was definitely possible.
But this NYT article has stories about graduates from Purdue, Oregon State, and Georgetown which are good schools but also generally weren’t the schools producing many graduates landing in those $150k jobs as that very top tier. I would assume the kids graduating from Cal Tech, MIT, Stanford, and UC Berkeley are still doing well. But the middle is getting left behind.
Wait what? Who is making $165k out of college?
I don’t even make $165k after working for… I don’t know let’s say 12 or 15 I can’t keep track what counts anymore
Some big tech companies pay that, theoretically, in total compensation for entry level. These companies make about $1 million per employee.
Big tech in HCOL areas (Seattle, all of Cali, etc.) pay new grads about 100k to 150k base, with a hefty sign on bonus (anywhere from 20k to 50k). RSUs usually only vest about 5 to 10% of their total stock in the first year, but thats about 5k to 10k
Of course HCOL means this money is relatively less than it seems, but still a lot for new grads.
Computer science and engineering grads at the top of their class at top schools who choose not to go to grad school. This thread claims to cite Department of Education data to show median salaries 3 years after graduation, and some of them are higher than $165k. Sure, that’s 3 years out, but it’s also median, so one would expect 75th or 90th percentile number to be higher.
Anecdotally, I know people from Stanford/MIT who did get their first jobs in the Bay Area for more than $150k more than 10 years ago, so it was definitely possible.
But this NYT article has stories about graduates from Purdue, Oregon State, and Georgetown which are good schools but also generally weren’t the schools producing many graduates landing in those $150k jobs as that very top tier. I would assume the kids graduating from Cal Tech, MIT, Stanford, and UC Berkeley are still doing well. But the middle is getting left behind.
My first tech job out of college was $55k.
Average in my area for new grads at best is like $85k.
My highest paying was $195k as a Senior and my average is probably $150k as a Senior / Lead.
None of this was big tech though.
Yeah I made $51k out of college.
My first software job I made $68k? Granted Im at $150k after all that time, but still. Dang yo you know?