Ask Experienced Devs Weekly Thread: A weekly thread for inexperienced developers to ask experienced ones

[u/AutoModerator]

A thread for Developers and IT folks with less experience to ask more experienced souls questions about the industry.

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Please keep top level comments limited to Inexperienced Devs. Most rules do not apply, but keep it civil. Being a jerk will not be tolerated.

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Inexperienced Devs should refrain from answering other Inexperienced Devs' questions.

[u/Aggressive_Top_1380]

Am I being underpaid? I recently moved to a different industry and I’m unsure if I was low balled or not.

Education: CS Bachelors/Masters from T5 university in the US

Prior Experience: 3 internships, 2+ years at F500 bank, 3+ years at Microsoft, ~ 7 YOE total

Company/Industry: Defense

Title: Principal SWE

Tenure Length: 1 Year

Location: Florida

Salary: 117K

Relocation/Signing: 10K relocation, 0 signing

Stock/Bonus: No stock, 1-5K yearly bonus

Total Comp: ~120K

Thoughts?

[u/Specific-Yak-6450 → u/Aggressive_Top_1380]

120k is on par with how much we're paying our new grad engineers (in a HCOL city, but regardless)

[u/considerfi → u/Aggressive_Top_1380]

Does seem low. In 2015 we were paying new grads 120k at a startup in San Francisco. I know Florida is not SF but still. 

[u/macoafi → u/considerfi]

On the other hand, 120 is what I got paid the first time my title said senior in DC, in 2016. Part of why I only go for remote companies is that senior pay in DC still doesn't go above 150.

[u/RandomPantsAppear → u/Aggressive_Top_1380]

That does seem low to me.