Salary Progression of a Junior Software Engineer in California
A junior software engineer in California discusses their salary progression from a small startup to a large tech company, earning around 90k/year initially and currently making 140k/year with benefits and bonuses.
00:00:00 A junior software engineer in California discusses their salary progression from a small startup to a large tech company, earning around 90k/year initially and currently making 140k/year with 401k matching.
💼 The speaker shares their experience as a junior software engineer in California, discussing their first job and current job.
💰 In their first job, the speaker made around 90k a year, while at their current job, they were offered a salary ranging from 130k to 240k and ended up getting 140k.
🏦 The speaker also mentions their monthly income after taxes and benefits at their first job, which was around 52.74 a month.
00:00:58 A junior software engineer in California makes around $6,400 per month after taxes, benefits, 401k, and HSA contributions. They also receive a bonus of $5,000 per year based on performance, but it may be lower due to the current state of tech companies. Additionally, they receive 30 RCUs per year, valued at around $11,000, but these are not considered part of their total compensation until the company goes public.
💰 As a junior software engineer in California, after taxes, benefits, 401k and HSA contributions, I make around $6,400 per month.
🎁 I receive a bonus of 5% of my salary, which is around $5,000 per year, based on my individual and company performance.
📈 Although the RSUs I receive from the company are currently worthless, I may expect around 30 RSUs per year, which could amount to $11,000 if the company goes public.
00:01:55 A junior software engineer in California talks about their work schedule, benefits, and unlimited PTO. They save money and plan to travel once a year.
The speaker works a hybrid schedule, going into the office on Tuesday through Thursday and working from home on Monday and Friday.
The work schedule is flexible, allowing employees to work the hours they want as long as they complete their required hours.
The speaker's job offers unlimited paid time off, although the actual amount of time off is determined by the manager.
00:02:57 A junior software engineer in California discusses saving money for future travel and prioritizing experiences while young.
💰 The speaker is not worried about spending money on vacations as they have saved a lot already.
✈️ They want to travel while they are young, as they are uncertain if they will be able to travel as much when they are older.
🎥 They are considering making a video to share about their job and working experience.
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