Software engineers and tech experts are most sought after professionals in the present times as the biggest of the enterprises are looking for pacing up with the fast-changing industry trends. Artificial Intelligence, Quantum Computing, Machine Learning, and many such technologies are going to drive the industries in the next decade. Software engineers thus can expect great remunerations and seek higher costs for their expertise in the coming times.
Most Companies pay High Salaries to the Software Professionals
IT teams and computer professionals can see good growth; in the year 2020, employees in the field of technical research, software development, and system architecture can earn high numbers in top companies.
Brands like Lyft, Amazon, Oracle, and Facebook pay well to the software engineers.
Employee Salaries are decided upon the years of experience and level of expertise in the field; however, even the entry-level professionals can expect good pay bands in the coming year.
Want to publish your own articles on DistilNFO Publications?
Send us an email, we will get in touch with you.
As per the research by Levels’, companies like Lyft, Airbnb, LinkedIn, and Oracle has paid the highest pay package to the employees, even at the entry-level roles. The highest pay package of 175 thousand dollars to 234 thousand dollars was offered to the entry-level positions, Lyft topped the list of highest paying companies to the entry-level role employees.
When it comes to middle-tier employees, the engineers with work experience of two to five years can expect a salary of up to 334 thousand dollars. Airbnb offered the highest salary of 334 Dollars to the middle tier senior engineers while Snap Inc provided around 287 thousand dollars. Linked In offered a top band of 300 thousand dollars salary to senior engineers.
Software engineers having experience higher than five years are paid more than 500 thousand dollars by tech companies like Pinterest, While LinkedIn Pays around 423 Thousand dollars to the software engineers.
Companies like Snap offer highly skilled professionals with more than ten years of experience up to 600 thousand dollars. While Lyft offers around 550 dollars to the senior technical staff.
Facebook is the highest paying employer when it comes to the principal engineers and the employees that comprise the most significant decision-makers. The social media giant pays up to 950 thousand dollars to the employees, while Google pays around 710 thousand dollars.
Overall, Lyft, Pinterest, Facebook, Nvidia, and Google are some of the highest-paying companies.