If you want to have an office for your team, expect to spend around $80/square foot and 150 square feet per person in San Francisco. What other Benefits Employers Cover in Silicon Valley (Indeed)?
Cash bonuses get higher with each new level of experience and can generate from 50% to 200% additional revenue of the base salary.Non-financial benefits such as healthcare insurance, car rental, commuter assistance, educational lessons (if necessary).Silicon Valley programmer’s base salary paid on monthly basis and quoted each year.Total compensation is comprised of five components: While the cost of hiring a software engineer in Silicon Valley is pretty steep, keep in mind that their base salary is just the tip of the iceberg.Įntry-level positions can generate $8,800-$26,340 of additional income. What Are the Major Extra Costs of Employing Software Developers in San Francisco? That’s why those looking to hire engineers in Silicon Valley should be ready to put extra effort to battle the competition by offering competitive salaries and compelling non-financial incentives and bonuses. Software Engineering Manager - $184,448.Software Engineering Manager - $170,240.Software Engineering Manager - $246,221.
Software Engineering Manager - $188,072.Software Engineering Manager - $204,155.By doing this, they also significantly raise the overall price of doing business.Īverage Engineer Salary in Silicon Valley by Company (Indeed) Average Engineer Salary in Silicon Valley by Company (Indeed)
These tech giants fuel competition by snatching up local tech talent, offering them attractive salaries. Microsoft, Google, Apple, Uber, Facebook, Netflix, eBay, Cisco Systems, PayPal, Yahoo, LinkedIn, SalesForce, and many other world-known tech companies have offices in Silicon Valley. Hire Software Developers in Ukraine What Companies Pay the Highest Average Engineer Salary in Silicon Valley?
And it’s only logical that they do so because tech startups and SMEs can hire several top IT professionals in Eastern Europe for the price of one engineer's salary in Silicon Valley.
PRINCIPAL SOFTWARE ENGINEER SALARY MICROSOFT FULL
When you consider the cost of an office rental, taxes, shares, and non-financial benefits, the full cost of doing business in Silicon Valley adds up pretty quickly.Īs practice shows, many tech companies try to optimize development costs by hiring experienced engineers overseas. The average engineer salary in Silicon Valley ranges between $85,948 and $174,459. It has been said that having an office in Silicon Valley quadruples the chances of your company’s success, but this comes with a hefty price tag. Developers worldwide dream of the chance to work in top companies like Facebook, Amazon, Apple, Netflix and Google, while others try their luck at innovative startups like Uniphore, Weee!, and Slintel. Silicon Valley has long been the epicenter of the global tech industry.