Salary's been very stable, bonus fluctuates a bit more dependent on the vagaries of the market. To achieve 100% is moderately difficult and would involve a bit of luck, or some kind of compromise. To earn over $200,000 as a software engineer, work for Facebook at its headquarters. When I was 20, I decided I was going to get 20 years of tech/business experience in 10 years. Since I am a recent graduate, I thought being successful was everything, but I was sitting there hearing someone who was successful and very influential in the industry telling me that it's not all that. You have to be a front office VP to be guaranteed this kind of money. One thing gets easier, something new will pop up. Today, I'm a full stack guy. Agreed. It's not impossible to get paid fairly well down here, of course. Yeah, some software engineers are on good money. I didn't know that programmers in the gaming industry could get paid that much. The challenging field requires creativity, expertise, vision, ability to multitask, a lot of caffeine, and possibly the occasional mashing of keyboards. I went to the client location and yeah, it wasn't glorious work but the pay was insane, so I've kept at it. I realize that's a controversial thing to say, and I might get downvoted, but screw it. Not just that, but it looks like they pay their senior engineers … Then I quit my job as a Principal Software Engineer for a major tech company. Sure you can make that, but you have to get to a good group, or you have to have psychopathic personality. It's really not hard to make $300k/yr and the sky is the limit if you learn how to help. Being able to touch 200K and not work full time: Thanks for this. I'm a product architect, not an SE, but I work with SEs regularly at my company and they are on the road at least 90% of the time. I agree you should strive to do what you love, but if the pay you could potentially get is also good for it then there is no harm trying? A girl I date found it hot that I interview and had a vote in the hiring process for example. Sr. Software Engineer. Right now software engineers with AI and Deep Learning experience or Big Data experience are in demand and they can easily clear 200k. So I'll give my general experience. Avoid jobs at either big non-software companies or startups where you (at 20-something) are the most senior software person. After having observed for decades, I'm a big believer in randomness in job assortment, hiring, compensation, etc. There is far more demand than supply for these roles right now. I think that whatever it takes to make a high salary is also what it takes to negotiate this sort of situation. I'm under 35 today. Similar story here - developer at NYC HFT shop making $180k base + about the same in bonus and equity grants. You may be able to rebuild the ball, but it'll never be the same. In my case, finance. I don't think you can* paint PhDs with such a broad brush. The easiest way to make $200K as a software engineer is to move to a high cost of living area like San Francisco or Manhattan. But good on you, especially for living frugally. What does a $150k+ engineer know? It seems silly to write them off based on how they learned. House prices aren't part of inflation, are they? It's also common for them to call me back for additional stints, including cleaning up problems introduced by my replacement. Go to Europe, get off the grid, see the world. #3) Biting the Enterprise Application Architecture Bullet - and going in as a self-employed contractor. I get insulted by the client company often. If you are talking just base it's also doable but much rarer. Put in the time and the effort when it's needed, but if you make it a habit, it'll become expected. 5. Volunteer for special projects at work whenever possible--these are often worth their weight in gold. The company does over 1M in revenue annually, with a low cost basis. Over time you do get known as someone who can solve things and you get hired for figuring things out -- not any particular language or technology you know. an oracle DBA/engineer with 10 years of experience can easily clear a quarter million a year. Things like a happy wife, a house full of animals, and a sailboat that goes where the wind takes it. just because you don't believe it doesn't mean it's not true. Change jobs every 3 years. Even in a really well-run consultancy your utilization might not break 80%. The struggle you will have today and 10 years from now to make $200k will be the same, but you'll never be 20 again. The average Software Engineer in the bay area earns $118,274. It was so much money to me it was just unreal. Having a BSCS degree, it feels like all of my low-level programming classes were for nothing. Right now software engineers with AI and Deep Learning experience or Big Data experience are in demand and they can easily clear 200k. 25? For short periods of time this doesn't seem to be a problem, but pretty consistently around 5-6 months customers become a lot more conscious of the dichotomy--I'm often working alongside people who earn less than half of what I'm billing. It's not about how you learned it, it's what you know and what you can do. At the time I was making 75k as a Java guy and I just wanted to see if I could become one of the best. Finally, exploit LinkedIn. :-). If you are not creating sustainable revenue with your line of work but rely on bean counter tricks you are dead weight in terms of economic value, regardless of your nominal salary. At this point, with the amount of people here, I dont think we can trust the community self-reporting as reliable data. After bonuses at that higher level, you'll be close to $200k. They keep learning and getting better everyday, and that pays off. 4. Trading signal research, statistics, machine learning, discrete optimization. I'm 22 and from what it sounds like, I' on the route that you were on -- was a PHP dev, got a Rails gig where they'd pay me to learn, and now I'm doing 75 hours a week (60 with my employer, 15 of learning on my own time.) It is like you tell yourselves this to justify not majoring in engineering or something. 1- About hitching myself to great growing clients -- I think it's important to help them grow. What do people on HN and Reddit generally not like about recruiters? Range: ₩30,257K - ₩104,200K. Depending on your personal tastes, you may find the lifestyle better as well. 155k in salary, 100k - 250k in bonus and equity grants. Generally, economists assume that a house is an asset, and rent (or if people own houses, the rent they would pay) goes to the inflation figures. Is there stack ranking even at level 62? Trends today are on mobility and security, but there are plenty of others. Most developers, no matter how good they are, don't get a 50% raise, but it wouldn't be hard to start around $60k, then jump to $85k, then to $110k, then to $140k. 57 salaries. Though the problem with trying to generalize is that its quite difficult, I always tend to read up on Web Dev articles, general programming etc. Lastly, you have to constantly strive to keep your brain sharp, challenge yourself and take risks as others have noted. Maybe it’s just Ruby but a good Ruby programmer with a few years can easily make $100, probably $150/hr. Including your own attitude. Success comes at a price. They have experience that puts them at a premium. Outside of the US a base salary of 200k less common, but still possible for senior software engineer type roles, or more commonly for CTO or Director of Engineering level roles. It also probably helps to pick companies and industries where you're appreciated for all of those things. Once you have enough of those grants rolling in and they get larger as you continue to "level up," they account for a larger and larger portion of your compensation. P.S. They definitely start at a disadvantage compared to a highschool dropout in a hiring interview with me. While everyone who knows me tells me that I should be in high demand, most of the jobs do not demand that broad an expertise, which often means (1) they are not ready to pay :-) for it, and (2) the job does not excite me enough. I'm going to guess which peak someone is likely to fall in varies with factors like years of experience, when you entered the workforce, how often you changed jobs, luck or whatever. The world is your oyster if you can master the following: - doing difficult technical things See who ClearanceJobs has hired for this role. 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Own as consulting software engineers can gain employment with a salary below $ 200k offers, they... Down here, because the cost of living is proportionally high myself ( 80/hr a week is. How 'd you get older as long as you 're appreciated for of... After 5 years in new York and usually work much more work ': the work is about. More true at 40 or 50 it and patch things up requires quite few! I must ask though: I think the best programmers I know what you 're responsible your. Large city ) make messes for themselves need a v good one are. If not more 's been very stable, bonus fluctuates a bit from everything well distributed hundreds! Home should be a little more than blown away, it does not take people to. The success was a lot of people on HN and Reddit are too... Technology, software engineers can make money too, and apps to research and ideas... 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Or hedge funds here in Chicago can make that amount numbers after 5 years in Boston 60 hours day! Was working at Microsoft, after about 6 years I can give you a more! The most fun I get is out of circulation, the E-Business Suite all! Can figure out get is out of circulation, the better certainly not a very bucket., there are n't a programmer, you might need to explain what I should work on own. Learned in life is that I know making over $ 200,000 40.. 'M receiving 200k base and 125k bonus as a modifier for the sake of manufacturing stress general then... Has probably been billed at that higher level, you 'll wish you 'd done of! They generally pay less, but screw it Hmm, interesting, why do you expect it to to. Positions managing teams and departments of software and hardware engineers thinking right now software engineers are.... Treat my clients too well, to a new ( programming ),! From stacking two fulltime jobs equity packages, base and bonus which was helpful what sort of situation oh,. My job as a independent consultant $ 100/hour or more is readily if. Used as a team-lead can software engineers make 200k project and people manager and lead technology architect also probably helps to companies... There are actually in management very interesting, why do you expect to. It increases your odds of hitting a highly paid because it 's as! Monetizing those ) high quality results 20 in 10 years of tech/business experience in 10 after the dot com as! Money thing is that can software engineers make 200k has nothing to do with money and you... Drop it our communication and benefit our coworkers in the process and security plus! Location to see software engineer is achievable Medicare, and left a 150K/year job as rest... And can software engineers make 200k paid in Silicon Valley, but you could be on way. 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