I'm in grad school and I've heard some faculty make around $200k, but I've seen friend of mine who dropped out of PhD and his starting salary at a startup is $96k (more than x3 times as much as me, a grad student). All these figures are just too absurd for me.
Are most HN readers really earning vast amounts of money?
I did a PhD over a decade ago. I was at a public R1 university in a college town in a low cost of living area. Since the school was public, anybody with a university login could see all the salaries. My PhD is not in CS or anything like CS.
I was unable to secure a desirable (for me) research or faculty job. My Spouse and I decided to move to a growing medium cost of living city with much better job options.
Due to luck and some networking (mostly luck), I landed in the consulting arm of a barely known Enterprise Software company. I definitely wasn't making FAANG money, and the stock performance of this stale Enterprise company was a joke (basically if it moved, it moved down).
My base+bonus was more than the salary head of my department. Even with the CoL adjustment, I was probably making more than them. I also worked far fewer hours and far less political BS to deal with. That was the end of Academia for me. I don't make 300K, but I make more now than I did back then.
- 2010: $18k (internship comp back in the days haha)
- 2011: $84k
- 2012: $119k
- 2013: $119k
- 2014: $99k
- 2015: $159k
- 2016: $195k
- 2017: $258k
- 2018: $715k
- 2019: $272k
- 2020: $1.2M
- 2021: $1.2M
I also have a sizable amount of illiquid pre-IPO equity from a previous employer that is currently valued at around $6M (from one of those earlier years when I was earning peanuts compared to who was already in FAANG), but clearly it could very well all go to $0 before I can tap into it (no opportunities for secondary unfortunately), so I’m not counting it anywhere.
In Germany there's still a social value to having a Dr. title, but until you get there in your mid-30's or so, you are earning way under the average of someone with a similar education and work ethic in Industry.
Wages are not precise.
2018: graduated Msc. Computer Science, had a terrible job search, 0$
2019: ongoing terrible job search, 0$
2020: $40000 (36000 EUR)
2021: $60000 (53000 EUR)
2022: $64000 (56000 EUR), expected
If anyone is offering a remote position with 6 weeks vacation and 1.5x my current salary, feel free to email me ;-)
I might also be willing to relocate, depending on the country.
3 years of experience (partially obtained while studying).
Msc. Computer Science (low level security), Msc. Game Design, Bsc. Psychology, Bsc. Business Informatics
Email is in my profile. You can also read my comment history to get a feel for who I am, it’s super candid and open since this is a pseudo-anonymous account.
And while it might be cheeky to ask if anyone is hiring, the biggest reason I do it is to prove that this is my salary and would be amazingly happy with $100000 per year. I mean, the odds are quite low that this comment will result in an offer.
I can hear Dutch people sighing already :P But who knows? Maybe someone is reading this thinking: well, we actually tend to pay more than $100000, so why not interview mettamage and see if there is a fit?
The really interesting part is that during the initial chats I have not been able to guess the offer coming at the end. The strongest correlation seems to be with location, but it is much weaker than most people seem to think it is: The same tech region brought 300k and 40k with just a year apart. Just two different companies in similar fields and roles. Another noticeable difference come from whether I reach out to them or they to me, with the latter often offering above median.
I may be blind and stupid, but from what I see, employment salary is just bizarre. If you can, I recommend running your own most of the time, and accept employment only on the most interesting projects, if required.
2017: $2k
2018: $3k
2019: $7k
2020: $23k
2021: $37k
2022: >$55k
edit: As for my "job", I am self employed (run my own saas product with no employees).
I’m an IC in finance in architecture/cloud stuff, work remote
2010-2012 - 4,600$ (India)
2012 - 2015 - 10,000$ (India)
2015 -2020 - 17,000$ (India)
2020-2020 - 24,000$ (India)
2020-2021 - 66,000 € (Germany)
Feb 2022 - 73,000€ + 60,000€( joining bonus over 2 years) + 65,000 € (In RSU over 4 years)
2020 (Internship) - 7200$/yr 2020 (First Job) - 14000$/yr 2020-2021 (Big tech) - 27000$/yr
It is a bit misleading because salaries measured in pre-tax $ that are posted on sites like levels.fyi, can seem extremely high. However, if you live in California, where state tax is very high, your total taxes may be close to 40% of what you make, so a person making $300K ends up bringing in only $180K, which is generally higher than Europe but not significantly.