Yes, because outside of AppAmaGooBookSoft and the ecosystem of venture-backed startups in the SV bubble (i.e., this is not applicable to venture-backed startups outside of that bubble), very few programmers get RSUs, signing bonuses, etc.
>Google and Facebook pay between $150-200k to new grads, and a senior programmer at either of these companies can get double that.
This is not representative of the career path, and the high dollar comp package is less impressive when you consider that these companies usually require their employees to be located in very high CoL areas like San Francisco or New York. Rent on an apartment in those cities will easily consume 35-40% of that salary. If you have a family and need a house, forget about it.
These companies are also reluctant to hire those without Ivy League pedigrees, which means most employees will have substantial student debt.
Sure, these salaries are not available at every company. I just wanted to outline a path for a competent (but not amazing) programmer to make >$200k outside the Valley without moving to a management role.
I'd love it if you could outline such a path that was reasonably repeatable.
I don't think "Become Vint Cerf" or "Become Peter Norvig" is practicable advice for your typical competent programmer to make > $200k outside of SV (or its satellites in Seattle, NY, and Cambridge). The success of Cerf, Norvig, et al has to do with timing, which is not replicable, as much as anything else (and both of these guys work for Google anyway, so they're not even examples of your point).
I've known a small handful of employed programmers who've had >$200k/yr success, normally working in uber-specialized niches for consulting firms that had large contracts with large companies (again, this is mostly the result of good timing more than anything else).
Barring that, in the real world outside the SV bubble, I've never heard of it. Orindary programmers who want to break out of wage slavery must either manage their money and save their salaries very carefully or become successful entrepreneurs (or both).
Yes, because outside of AppAmaGooBookSoft and the ecosystem of venture-backed startups in the SV bubble (i.e., this is not applicable to venture-backed startups outside of that bubble), very few programmers get RSUs, signing bonuses, etc.
>Google and Facebook pay between $150-200k to new grads, and a senior programmer at either of these companies can get double that.
This is not representative of the career path, and the high dollar comp package is less impressive when you consider that these companies usually require their employees to be located in very high CoL areas like San Francisco or New York. Rent on an apartment in those cities will easily consume 35-40% of that salary. If you have a family and need a house, forget about it.
These companies are also reluctant to hire those without Ivy League pedigrees, which means most employees will have substantial student debt.