Lee Hogan A career in software engineering can be exciting and rewarding if you love programming, working on cutting-edge technologies, and are passionate about making products that improve people’s lives. Software engineers are often called the ‘cogs’ in a large machine, where their daily job is to build and maintain the code that makes everything else work.
Microsoft is one of the most powerful companies in the world. Its stock price has increased more than 4,000% since its IPO in 1986. Yet, as a software engineer at Microsoft, how much do you earn?
Today, we’ll examine Microsoft’s median salaries for software engineers and compare them to the national average. We’ll also discover the company’s best-paying cities.
Microsoft’s annual list of salaries for software engineers has just been released. In 2018, the average pay for a software engineer at Microsoft was $134,531 per year. Of course, this number is only a general average, and the specific standard will vary by location, industry, and experience. Contact your local recruiting manager or human resources department for the most accurate information.
Salary of a Software Engineer in Microsoft
I’m talking about Software Engineers. According to Microsoft’s data, in 2017, the median annual compensation for a software engineer at Microsoft was $115,000, compared to the national average of $64,927.
This does not include bonuses, equity, etc. For more details, please refer to the full report here.
We can see four primary reasons for the increase in companies with zero cash holdings: The US is no longer growing, and companies are struggling to produce cash. As a result, companies have been raising funds through stock issuance or using it as collateral for the debt. The stock market is currently at an all-time high and has not seen this activity level since 2007. Companies are looking to make acquisitions and have been able to get financing from the secondary market.
Salary of a Senior Software Engineer in Microsoft
Microsoft has over 350,000 employees worldwide. According to Glassdoor data, the average annual Salary for a software engineer at Microsoft is $112,500.
It would help if you considered moving to the Seattle, WA, area to earn more.
Why? According to the Seattle Times, the median household income in the city is $57,743. You can likely make more by moving if you earn less than this.
So, what are Microsoft’s biggest salaries?
In 2015, the highest-paid software engineer at Microsoft made $175,000. That’s just over four times the national average.
Microsoft’s top three highest-paid software engineers made a combined $300,000.
In total, the average Salary at Microsoft is $118,000.
Salary of a software engineer in India
Microsoft software engineers can earn anywhere from $50,000 to $200,000 annually. If you work for one of the larger teams, your Salary can go up to over $300,000.
The average Salary for Microsoft software engineers is around $110,000, but the median is around $105,000.
So, while you might not earn as much as a developer at Amazon or Google, you’ll still be among the top earners at Microsoft.
And even though you won’t be paid as much as an engineer at Facebook, it’s still possible to make a good salary there. In fact, according to Glassdoor, you can expect to earn anywhere between $72,000 and $125,000 per year at Facebook. But what if you’re not interested in working at a tech giant like Amazon, Google, or Facebook? Well, that’s where you come in.
salary of a software engineer in South Korea
In South Korea, the average annual Salary of a software engineer is around $61,200. That’s the highest in the world.
So, what’s a software engineer at Microsoft doing to earn so much?
For starters, Microsoft has a lot of prestige.
You know, you could make a lot of money doing many things, but if you’re not getting paid well, you won’t keep doing it. So, to attract and retain the best and brightest, Microsoft offers the best pay in the industry.
That’s why I earned $120,000 in 2016, and that’s the ceiling. I’m not saying I won’t make more. However, I’m not interested in being a software engineer at Microsoft unless I can earn more.
Frequently asked questions about the Salary of software engineer
Q: What’s the average Salary of a software engineer?
A: The average Salary for a software engineer is $75,000 per year.
Q: How much do software engineers make?
A: A software engineer can earn anywhere from $45,000 to $150,000 annually.
Q: How much does a software developer cost?
A: Software developers cost $85 to $90 per hour.
Q: What does it take to become a software engineer?
A: Becoming a software engineer takes ten years of working in the field. You must take an entry-level software engineering program and complete an internship.
Top myths about the Salary of software engineer
- Software engineering is a high-paying profession.
- A software engineer earns a higher salary than engineers from other fields.
- Software Engineering is in high demand in the market.
Conclusion
I will show you some figures and tell you some things that might help you get a job. But before I start, you must know that the salary numbers I will share with you are based on the US market. So, please convert them into your local currency before you use them.
The first figure I’d like to share with you is the annual Salary of a software engineer at Microsoft. The average software engineer earns around $90,000 per year. That’s a big deal, so let me review what you need to know to get that kind of Salary.
Let’s start with the basics. The first thing to know about your career is that there’s a lot of competition. Over 10 million developers are currently employed.
That means your competition is huge. You need to have a really strong portfolio and prove to companies that you can solve problems.
You also need to understand the technology you’re working with and be able to communicate with your team.