Software Engineer Salary Guide 2024

Understanding salary expectations is crucial when negotiating your next role. Here's what software engineers can expect in 2024.

Salary by Experience Level

Entry Level (0-2 years)

**Average**: $70,000 - $100,000

Focus on learning and growth opportunities

Consider equity and benefits

Mid-Level (3-5 years)

**Average**: $100,000 - $150,000

Specialization can increase earning potential

Leadership opportunities start to emerge

Senior Level (6-10 years)

**Average**: $150,000 - $200,000

Technical leadership roles

Architecture and design responsibilities

Staff/Principal (10+ years)

**Average**: $200,000 - $300,000+

Strategic technical decisions

Mentoring and team leadership

Salary by Location

High Cost of Living (San Francisco, NYC, Seattle)

20-30% premium over national average

Higher base salaries

More equity compensation

Medium Cost of Living (Austin, Denver, Atlanta)

Near national average

Good balance of salary and cost of living

Remote Positions

Often based on company location

Some companies offer location-based adjustments

Growing trend of location-agnostic salaries

Salary by Company Size

Startups

Lower base salary

Higher equity potential

More responsibility and growth

Mid-Size Companies

Balanced salary and equity

More stability than startups

Growth opportunities

Large Tech Companies (FAANG)

Highest base salaries

Generous equity packages

Excellent benefits

Negotiation Tips

1. **Research market rates** for your level and location

2. **Consider total compensation**: Base + equity + benefits

3. **Know your worth**: Highlight unique skills

4. **Be prepared to walk away** if offer doesn't meet expectations

5. **Negotiate respectfully**: It's a conversation, not a demand

Additional Compensation

**Equity/Stock Options**: Can be significant at successful companies

**Signing Bonuses**: Common at larger companies

**Annual Bonuses**: Performance-based

**Benefits**: Health insurance, 401k, PTO

Ready to find your next role? Browse [software engineering jobs](/jobs) with competitive salaries.

Software Engineer Salary Guide 2024: What to Expect