In hand salary Software Engineer-->3500-5500 Sr Software Engineer -->4500-->6500 Project Manager -->6500-9000
The salaries remain in these range,but it depends which place you are staying.
Living in expensive states like NY,MA,CA will leave no room for saving even for a general salary of 4000-5000
whereas living in Florida,Mid west etc will have lots of options for saving
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Joined: Feb 01, 2008
Thank you!!! I was always under the impression that a fresh MS graduate in US makes about $130K/year which gives him/her an opportunity to save at least $6000/ month. I was also thinking that with an experience of 10+ years in US you would easily save $15000/month
The ranges mentioned by Gaurav are too tight, especially in the upwards direction (but they're much more realistic than the ones mentioned initially). Of course, much depends on experience, region, industry and other factors.
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Originally posted by Gabriel Claramunt: The only place where I see those values make some sense is Manhattan, where the cost of living is VERY high. (still feel inflated though)
Well, I actually am one of those people who work in Manhattan. And have quite a few friends in the financial sector. As mentioned, I do know a handful of people who probably makes "20000 - 25000$ / month" -- but they are all Managing Directors (not Program Managers).
Whereever this "land of the rich" is, it's not here. BTW, the cost of living in NYC is not as high as you think it is. It actually cheaper that parts of Silicon Valley -- such as Palo Alto, Menlo Park, etc.
Henry [ February 11, 2008: Message edited by: Henry Wong ]