The developer talked about salary differences at well-known IT companies

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Former software engineer Frank Niu in an interview business insider He said that salaries for IT professionals at well-known IT companies are different, and that earnings can often be higher in companies that are considered less prestigious.

Frank Niu noted that he started his career at IBM as a software engineer with a salary of $74 thousand per year (5.8 million rubles at current exchange rates). He also received a bonus of $ 5,000 (390,000 rubles) when concluding a contract.

“I left partly because it’s a huge company with overly complex processes, partly because the accolades I get for my work don’t reflect on my salary and bonuses. I did not think that the money I earned represented my value for the company, so I left, ”said the expert.

Niu moved to San Francisco after IBM and joined a small startup called Dwolla. He got a job as a DevOps engineer with a salary of $125k (9.8m rubles) and stock options.

Despite the more enjoyable work pace and less complex work processes within the firm, the cost of living in San Francisco was higher. “Despite the increase, my salary remained the same. I loved working there, but the company had problems. The startup was on the verge of bankruptcy, ”said the IT specialist.

He then moved to crypto company Credit Karma as a senior software engineer with a salary of $138,000 (10.8 million rubles). “I only worked there for a year and a half when the cryptocurrency market boom started in 2017,” Niu said.

The IT pro and his sweetheart decided to move to a more accessible city shortly after trying to find a job in San Francisco and chose Chicago. There, Niu got a job at Grubhub as a site reliability engineer. She received a bonus of 140 thousand dollars (10.9 million rubles), a block of shares and she.

“It was a great time because stocks skyrocketed in a short time after I joined. I am very lucky. My total salary has risen to over $300,000 (23.3 million rubles) per year,” said the expert.

However, Niu later moved to Netflix as a senior site reliability engineer, where he earned a total annual salary of about $525,000 (40.9 million rubles) per year with all the bonuses and promotions. “During that time, my wife and I have accumulated and invested more than 70% of our income,” he concluded.

Brad Margist, 31-year-old CTO of IT company eVolve Computing saidshe dives into an ice font to combat the stress of work early in the morning every day.

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