I want to understand how much the salary Software Engineer can go up to?
Bit background about me:
I have heard that salaries as Software Engineers start to plateau after a while. So by the time I have 10 YOE, and a Staff Software Engineer, maybe I can expect to reach ~1 Cr.
But at 20 YOE i.e double experience of 10 YOE, my salary would only grow about 50% like to ~1.5 Cr?
Am I understanding this correctly?
I have heard people say that one only gets better increment rates as once moves into management. I want to understand how much is that?
And at what age am I too old to be hired as a Software Engineer??
Need more insights to understand this better.
I don't have relatively high experience, but in product based.
After staff, you get principal, distinguished engineeer and then technical fellow.
Though the cash component may not be high, stocks will outweigh it significantly
Oh I didn't really know about these roles. I had the impression Principal/Staff are interchangeable.
Still, how much can the salary go up to at that point in time? 2 Cr at max?
I want to know how to think about my career goals whether to switch to management or not
India mostly dont have technical fellow roles. But US location have them. Refer below
Microsoft: https://www.levels.fyi/companies/microsoft/salaries/software-engineer?country=254
https://www.levels.fyi/companies/apple/salaries/software-engineer?country=254
I would say 2 cr is pretty less. 6-7 cr is my expectation.
FYI: My intention here is to find a career trajectory for me and know how much the salary can go up to at that point in time.
I want to know how to think about my career goals whether to switch to management or not.
If I were to remain as an Engineer, I need to focus and prepare myself accordingly starting right now, so need some clarity
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