Mid-Career Salaries

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Jason
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Mid-Career Salaries

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Peijen
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Re: Mid-Career Salaries

Post by Peijen »

man, below the 50% line, I guess I should ask for another raise.

quantus
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Re: Mid-Career Salaries

Post by quantus »

http://online.wsj.com/public/resources/ ... -sort.html

Wheee, I'm over the midpoint by degree... Of course, the numbers are for a Bachelors-only after 10 years. Also, probably not adjusted for cost of living in CA :-\
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Jonathan
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Re: Mid-Career Salaries

Post by Jonathan »

Define mid-point. All these numbers seem really high to me.

quantus
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Re: Mid-Career Salaries

Post by quantus »

about 10 years post-commencement
That's their definition... 10 years seems a bit short to be "mid". Also...
PayScale excluded survey respondents who reported having advanced degrees, including M.B.A.s, M.D.s and J.D.s. Self-employed, project-based, and contract employees were also not included.

Salary included annual cash compensation, including base salary or hourly wages, combined with commissions, bonuses, profit sharing and other forms of cash earnings.
With that taken into account, yeah, these numbers do seem a little high, but they are including bonuses and other income above base salary. I would think this includes stock/option grants as well.


Carnegie Mellon's beating Cornell, Brown and Columbia at least..
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Jonathan
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Re: Mid-Career Salaries

Post by Jonathan »

According to the tool Intel just released, my total compensation (cash, stock, health insurance, retirement) is 29% higher than my cash compensation (bonuses are part of cash compensation). So, yay.

Anyway, these numbers make a lot more sense in the context of total compensation. I'm kissing the 75th percentile two years ahead of time.

Base salary is only 2/3 of my total compensation, which is odd to think about.

quantus
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Re: Mid-Career Salaries

Post by quantus »

So, all that to say you got about a 15% cash bonus then?
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Jonathan
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Re: Mid-Career Salaries

Post by Jonathan »

More like 19%? The 2/3 number is pretty round.

No, actually my point was that my total compensation is 50% more than my base salary, which I tend not to think about.

quantus
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Re: Mid-Career Salaries

Post by quantus »

That sounds about normal. When estimating developer cost for projects at school, we were told to add at least 50% onto what we estimated the base cash salaries would be. We could tweak the number a little depending on how employee friendly we thought the company we worked for would be. Generally, everyone wanted to work for a more employee friendly company and made it closer to 60%.
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