{"id":2008,"date":"2016-12-03T02:12:55","date_gmt":"2016-12-03T02:12:55","guid":{"rendered":"http:\/\/www.rsoftsolution.com\/blog\/what-interns-and-new-grads-really-get-paid-at-top-tech-companies.html"},"modified":"2016-12-03T02:12:55","modified_gmt":"2016-12-03T02:12:55","slug":"what-interns-and-new-grads-really-get-paid-at-top-tech-companies","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/what-interns-and-new-grads-really-get-paid-at-top-tech-companies.html","title":{"rendered":"What interns and new grads really get paid at top tech companies"},"content":{"rendered":"<p><!-- Begin: WordPress Article Content --><br \/>\n<img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.rsoftsolution.com\/blog\/wp-content\/plugins\/RSSPoster_PRO\/cache\/b8b3a_getty_b_120710_manwallet-money.jpg?w=640\" class=\"\" \/><\/p>\n<p>From woefully <a href=\"javascript:void(0)\">underpaid internships <\/a>to legendary hiring\u00a0bonuses at huge Silicon Valley companies, it\u2019s hard for job seekers to know what they\u2019re worth in tech. It\u2019s even harder when they\u2019re new to the rat race.<\/p>\n<p>One\u00a0undergraduate computer science student at <a href=\"javascript:void(0)\">Purdue University<\/a>,\u00a0Jesse Collins, has taken it upon himself to gather data from undergrads and recent grads to find out what\u2019s going on, for real, around job offers and paid internships today in tech.<\/p>\n<p>Collins released the preliminary results of his survey this week, in a <a href=\"javascript:void(0)\">Google spreadsheet\u00a0here<\/a>, and the study is already full of juicy tidbits.<\/p>\n<p>For example, Collins found that, according to 19 survey respondents so far, Facebook is offering an average annual salary of $109,526 with a massive signing bonus of $79,737 for employees in technical roles like iOS or full stack developer, or software or network engineer.<\/p>\n<p>By comparison, according to 31 survey respondents, Google is paying recent graduates in tech roles an average of $107,000 annualized salary with an average signing bonus of\u00a0$27,327.<\/p>\n<p>And Microsoft\u00a0was offering new grads a\u00a0$107,455 annualized salary with a $26,591 signing bonus, according to 22 respondents.<\/p>\n<p>Looking at\u00a0the self-reported salary and bonus data\u00a0by job title, Collins found that software engineers and developers are out-earning their peers in user experience design and sales engineering by tens of thousands, annually.<\/p>\n<p>And even though government salaries are presumed to be much lower than those in the private sector, working in tech in a government office will score entry-level engineers and developers a slightly better\u00a0salary, on average, than working for a seed- or Series A-stage startup, the survey suggests.<\/p>\n<p>It\u2019s important to note that some large tech employers, including\u00a0<a href=\"javascript:void(0)\">Facebook<\/a> and <a href=\"javascript:void(0)\">Google<\/a>, offer internships\u00a0to both\u00a0graduate and undergraduate students, and may be hiring people with doctorates and prior work experience into entry-level roles. That could account for some of those high salary and internship compensation numbers.<\/p>\n<p>Collins began his survey last year, asking recent tech hires and interns what offers they got and from which companies, as well as for a bit of personal information, including their educational background and gender.<\/p>\n<p>He says, \u201cI\u2019m interested in bringing transparency to job searches and salary negotiations overall, and hope that the data\u2026will help prevent racial bias, a gender\u00a0wage gap and the like.\u201d<\/p>\n<p>Preliminary survey results show that women who are recent grads may be\u00a0getting paid more on average than their male peers in entry-level tech roles. Women say they are getting $105,000 to $142,674 annualized salary on average, while men are saying they are getting an average annualized salary between $99,767 and\u00a0$105,000.<\/p>\n<p>However, the same survey\u00a0suggests that\u00a0women are\u00a0paid less, right after college, than men, at Facebook, Google and Twitter,\u00a0taking stock, stipends, hiring bonuses and annual salaries all into account.<\/p>\n<p>And\u00a0women are\u00a0not getting hired as often as men, the survey also reflects, comprising just 14 percent of new grad tech hires who were gender-identified respondents.<\/p>\n<p>Collins isn\u2019t the\u00a0first to try to understand who gets paid for what in\u00a0tech.<\/p>\n<p>Other noteworthy researchers include\u00a0Harvard economics professor <a href=\"javascript:void(0)\">Claudia Goldin<\/a>, 20-something software engineer<a href=\"javascript:void(0)\"> Rodney Folz<\/a>, who began his own internship-focused survey as an\u00a0undergrad at U.C. Berkeley,\u00a0and\u00a0companies that get paid by recruiters and job seekers,\u00a0like LinkedIn, CareerBuilder or Glassdoor.<\/p>\n<p>A\u00a0self-proclaimed machine learning and stats nerd, Collins cautioned readers of his spreadsheet\u00a0that survey results are not final, and the data set he\u2019s gathered is not big enough to draw broad conclusions about pay, or bias in tech.<\/p>\n<p>The information is\u00a0self-reported and salaries were not\u00a0adjusted for cost of living by region. And he hasn\u2019t connected with companies to verify the data.<\/p>\n<p>The survey, <a href=\"javascript:void(0)\">2016 New Grad  Internship Offer Data, <\/a>is still open if you\u2019re a recent graduate or undergrad who wants to contribute\u00a0internship or\u00a0job offer data.<\/p>\n<p>TechCrunch has reached out to a number of employers in the survey to verify the salary and other information reflected there. We will update this post if or when we have new information. Facebook does not comment on its employees\u2019 compensation, a company spokesperson said.<\/p>\n<p>Meanwhile, Collins has accepted a full-time job as a software engineer at the Seattle\u00a0office of\u00a0<a href=\"javascript:void(0)\">Curalate <\/a>after he graduates from Purdue. He declined to disclose his salary in a press interview.<\/p>\n<p>\u00a0<\/p>\n<p><!-- End: WordPress Article Content --><\/p>\n<p>Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/bLuaJG_15sg\/<\/p>","protected":false},"excerpt":{"rendered":"<p>From woefully underpaid internships to legendary hiring\u00a0bonuses at huge Silicon Valley companies, it\u2019s hard for job seekers to know what they\u2019re worth in tech. It\u2019s even harder when they\u2019re new <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[10,7,14,15,6,12,11],"class_list":["post-2008","post","type-post","status-publish","format-standard","hentry","category-latest-update","tag-computer-news","tag-downloads","tag-microsoft-download-news","tag-networking-updates","tag-technology-update","tag-wordpress-plugin-download","tag-wordpress-theme-download"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"From woefully underpaid internships to legendary hiring bonuses at huge Silicon Valley companies, it\u2019s hard for job seekers to know what they\u2019re worth in tech. 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