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Is S& going to match MBB pay bump?
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This depends entirely on where you work. Looking at base alone here’s my ballparks for “good” based on some experience but mostly wild speculation:
- FAANG+ SWE 120k (note you need to be a SWE)
- MBB+ Generalist 120k
- B4 100k
For TC I’d add 25% FAANG, 20% MBB, 15% B4
Even the guys in tech consulting I knew didn’t start at that. Seems inflated...in the grand scheme of things, 2 YOE isn’t much.
I don’t know many people who would make 150-200k a year with 2 YOE. At least in my area of work. Also are you saying base salary or TC?
I have 1 YOE and made $185k last year. The jobs exist but primarily in niche consulting and investment banking/PE/HF
Chief
I feel THATS even a stretch for MBB I woudl
Think that’s wouldn’t be possible unless your a SWE at Google or PE/IB
150-200k TC is definitely possible, no way salary
Pro
Everyone here fluffing - I’m at 92k DC based
150-200k is bananas in my opinion. 2 years out of college I was making 65k a year like wtf??
Chief
It depends where you live, also some post base and some post total comp.
Chief
100k base easily, that was me with 2 years experience. Now I’m at 160k base at 4.6 years experience and live in Tampa.
What are your qualifications? What is your base location? I know folks at 45K and 270K respectively with ~2 YOE.
With baccalaureate only - 100K should be considered good.
With Masters - 130K should be considered good.
Having said that, include your niche, tier of university and WLB into play.
Let’s say T2 maybe closer to T1 market but in that range and let’s just say Total Comp estimates
Chief
100k base easily
Yes T2 city easily flirting with 100k base or slightly over depending on specialty
2years of experience here, left Deloitte for industry recently for 130k base in tier 2 city
What is your current salary?
i’m at 70ish 2.5 YOE
Well SWE TC is 200k+ right out of undergrad so there is no use comparing to a random sample that you find.
Not sure where people get this 200k+ figure, unless they’re including signing bonus. My return offer for FAANG SWE was ~160k TC.