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Compensation for software engineers varies by company stage... but how much exactly? Explore the latest findings from Matt and the Pave data team:

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Matt Schulman Matt Schulman是领英影响力人物

CEO, Founder at Pave | Comp Nerd

Which software engineers get paid the most? The showdown from Seed to IPO to Magnificent 7 Conventional wisdom has been that as companies get larger, their employees tend to get paid more. Fact or fiction? ______________ See the two attached charts for a breakdown of median software engineer compensation across the USA broken down by company stage and job level. Sample size for the analysis is 56,000+ incumbents from Pave’s real-time dataset. One chart shows base salary benchmarks, and the other chart shows base salary + annualized new hire equity benchmarks. Furthermore, we included two directionally interesting data points from the Magnificent 7 companies (Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla). We chose to include Meta–as the highest paying–and Tesla–as the lowest paying–for median P3 Software Engineer USA benchmarks. The benchmarks came from levels.fyi (thank you, Levels team). ______________ Takeaways: 1?? ???? ??????????????, ?????????????????? ???? ?????????? ?????????? ?????????????????? ???? ???????????? ???????? ???? ?????? ???????? ????????, ???????? ???? ???????? ?????? ???? ????????????*. I’d caveat the equity benchmarks a bit by saying that equity from a public company is fully liquid when it vests whereas pre-IPO equity is generally not de facto liquid (though it perhaps/often has more asymmetric upside potential). 2?? ??????????????????????????, ?????? ???????????? ?????????????????? ???? ???????? ?????????? ??????-?????? ?????????????????? ???????? $????????+ ?????????????? ???????????? ???????? ???? ?????? ???????? ???????? ???????? ?????? ???????????? ?????????????????? ???? ???????????? ??????????????????. This holds for both cash and for cash + equity (with the same caveats as stated above). There might be a “compensation sweet spot” for engineers at the hot pre-IPO companies like Databricks, Stripe, etc. 3?? ?????????? ???? ?????????? ???????????????? ???????????? ?????? ?????????????????????? ?? ???????? ???????? ???? ??????????. The Mag7 is often lumped together as a cohort due to market cap clustering. However, compensation-wise, the companies have quite a spread. For instance, E4s at Meta (closest to P3s in Pave’s framework) make a median of $182k base salary and $293k “Base + Annualized Equity Comp”. Meanwhile, P2s at Tesla (closest to P3s in Pave’s framework) make a median of $151k base and $193k “Base + Annualized Equity Comp”. For Meta, this places the engineers well ahead of all other stated benchmarks in this analysis. But for Tesla, this places the engineers’ comp closer to the median Series B/C startup. #pave #salary #equity #benchmarks

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