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US salary trend

Shilpa Roy
Greenhorn

Joined: Feb 01, 2008
Posts: 6
Is it realistic to expect the following salaries from top companies in US?

Software Engineer: 9000 - 12000$ / month
Senior Sofware Engineer : 12000 - 20000$ / month
Project Manager : 20000 - 25000$ / month
Gaurav Bhatnagar
Ranch Hand

Joined: May 20, 2003
Posts: 48
Shilpa

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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Shilpa Roy
Greenhorn

Joined: Feb 01, 2008
Posts: 6
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
Ulf Dittmer
Marshal

Joined: Mar 22, 2005
Posts: 41101
    
  45
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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Shilpa Roy
Greenhorn

Joined: Feb 01, 2008
Posts: 6
Thank you..
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18520
    
  40

Project Manager : 20000 - 25000$ / month


Wow. That is an incredibly high salary for a techie. I do know a few people who are in this salary range, but none of them are technical.

Okay, except for one. I have a friend who is technical and likely in this range, but he has over 20 years experience.... Oh, and he's also a CTO.


BTW, kidding aside. Where did you get these ranges from?!?

Henry


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Shilpa Roy
Greenhorn

Joined: Feb 01, 2008
Posts: 6
Heard from people I know who live in the land of the rich(USA)..
frank davis
Ranch Hand

Joined: Feb 12, 2001
Posts: 1479
Originally posted by Shilpa Roy:
Heard from people I know who live in the land of the rich(USA)..


Where do these people live in US?

I think the figures are more realistic if you reduce them by 50%.
arulk pillai
Author
Ranch Hand

Joined: May 31, 2007
Posts: 3219
WHich part of US is that?


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Gabriel Claramunt
Ranch Hand

Joined: May 26, 2007
Posts: 375
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)


Gabriel
Software Surgeon
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18520
    
  40

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 ]
Mark Herschberg
Sheriff

Joined: Dec 04, 2000
Posts: 6037
I work in NYC as well and have a good pulse on the tech and financial job markets, and the high end of those salaries are generally on the high side (with a few rare exceptions).

--Mark
Pras Tiwari
Ranch Hand

Joined: Nov 07, 2005
Posts: 186
[ UD: Hijack removed. This question is really fundamentally different than the one asked here initially. Please start a new thread for it. ]
[ February 19, 2008: Message edited by: Ulf Dittmer ]

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