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Mid-Career Salaries
Posted: Mon Apr 26, 2010 7:20 pm
by Jason
Re: Mid-Career Salaries
Posted: Mon Apr 26, 2010 7:43 pm
by Peijen
man, below the 50% line, I guess I should ask for another raise.
Re: Mid-Career Salaries
Posted: Mon Apr 26, 2010 9:49 pm
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 :-\
Re: Mid-Career Salaries
Posted: Mon Apr 26, 2010 11:12 pm
by Jonathan
Define mid-point. All these numbers seem really high to me.
Re: Mid-Career Salaries
Posted: Tue Apr 27, 2010 12:11 am
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..
Re: Mid-Career Salaries
Posted: Wed May 26, 2010 9:32 pm
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.
Re: Mid-Career Salaries
Posted: Wed May 26, 2010 11:01 pm
by quantus
So, all that to say you got about a 15% cash bonus then?
Re: Mid-Career Salaries
Posted: Wed May 26, 2010 11:09 pm
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.
Re: Mid-Career Salaries
Posted: Wed May 26, 2010 11:29 pm
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%.