Why 22-Year-Old Computer Engineers Can Earn So Much Money
When you add in bonuses and stock options, it's possible for an engineer in the Bay Area to earn in the six figures right out of school.
A computer science professor at Stanford told The New York Times that he had heard of at least one $160,000 offer for a graduate, and expected that there were larger numbers out there. One recruiter is placing entry-level grads with base salaries alone above $80,000. And big companies offering upwards of $100,000 for entry-level grads has forced smaller startups to offer bigger and bigger deals.
A signing bonus for computer engineers just five years out of school can be in the $60,000 range. These sorts of figures aren't typical, but they're increasingly common in Silicon Valley.
The result is that computer engineers in their 20s can potentially out-earn Ph.D.s and many other professionals in prestigious jobs, according to Bureau of Labor Statistics (BLS) data. For example, optometrists earn an average $94,000 a year, while math and computer science professors earn $72,000 a year and psychologists make $63,000.
That might be reason enough to change your major.
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- Election Commission issues notification for sixth phase of Lok Sabha polls
- 6 Coffee recipes you should try this summer
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030