I am seeing interns joining at 90k+ atm and you can extrapolate but on a <45deg angle from there. I even know a junior (<2yr experience) at 140k, not any kind of superstar but lucky I guess. Are you talking Aussie market? Maybe for entrenched big java teams that are reluctant to restructure their compensation for the whole team. I’d advise anyone to look at newer teams that can accommodate market rates easier.

I ran a bunch of interviews over the last couple of years, in some (reasonably rare) cases I saw quite junior candidates with only a year or two experience who scored very strongly on our technical interviews -- not at a senior level but as a solid intermediate level hire. I suspect if that candidate gets a junior or intermediate grade offer for salary may depend quite a bit on how strong their negotiating position is.

Yep Australian market. The numbers I’ve talked about above are what I’d classify as ‘normal’, there are of course always exceptions, and I’ve been fortunate enough to exist outside these ranges for most of my career, but ultimately I left the banks a few years ago for better prospects.

Just to be clear, are we talking about AUD$ or USD$? (Asking as an ex-FAANG who is preparing for job hunting in Sydney)

$AUD. These numbers are your run of the mill salaries seen around the industry, someone with specialised experience such as an ex-FAANG engineer might be more likely to end up at the higher end, but in general outside of a few local unicorns the salaries aren’t that impressive save for a few exceptions for top talent. It’s a real shame since everything else in Sydney is so expensive…