Not that it's so far fetched that big Valley firms are paying over $200k base salary, but if it was so prevalent, I'd expect to see more concrete evidence to support that.
be more indicative than asking a person first hand what they make? I don't think saying 'personally confront friends/workers at said companies about salaries' is anymore reliable than anonymously submitted.
The claims I'm interested in regard Base salary.
I'm a natural (coding since 3rd grade), out of college for 6 years, and I've only known 1 engineer in my career who made over 200k. Now if by BigCo you mean Facebook, Google, Apple, Amazon, then I don't know them, so I can't comment.
But if by BigCo you mean IBM, Cisco, Intel, etc then I can guarantee you that I don't know a single person making 250k, and glassdoor generally corroborates (if you google STAFF (> senior) software engineer in SF for IBM your average is 132 base in SF)
That said, in those cities they are far from absurd. I started out similar to you (coding since elementary school) and now live in NYC ~3.5 years out of college. Off the top of my head, I could name half a dozen developers making seven figures, and at least 100 making over $200k.
I'm shocked you know the salaries of 100 other developers. Care to share some of the companies that are paying this much to developers 3.5 years out of college? I'd love to corroborate on glassdoor.
I recently turned down an offer from Google for $270k total comp, so they're definitely one of the high-paying companies. I know Facebook pays similarly well, but have no interest in working there. Being in NYC, though, the highest paying are mostly in finance.
I've found Glassdoor to run very low for higher-paying positions, though. Their numbers are all salary as far as I can tell, while a large portion of compensation is in RSUs and bonuses (40%-90% at compensation levels of $250k and up).
I should note that I didn't get to the in-person interview, and that was because salary negotiations start beforehand. I did my research afterwards, and everything I found seemed to point towards cheapness.
Is 200k median salary, or an outlier for the top senior engineer there?
More than 10 years ago, my in-the-door offer as one member of a team of 5-6 senior developers at an east coast tech firm was higher than $200k.
Fair point. The Top engineer at each of those companies is making more than $200k.
Edited for clarity.
The "outlier for top engineers" at the above companies are in the $500k+ range. I'm being entirely serious.
Remember: it's not year 5 of your career. It's year 5 of your tenure at one company. It's a little unusual for people to stay longer than 4 years at most companies.