Years of Experience
Those who have five to nine years of work experience see average salaries of $112K per year. For those with one to four years of experience, median paychecks reach about $92K annually. The largest slice of the Broadcom Corporation workforce (44 percent) has been working for 10-19 years and earns, on average, $146K per year.
Senior Principal Engineers are the best paid with the average salary hovering at around $156K annually; Semiconductor Principal Engineers, Principal Software Engineers, and Principal Electrical Engineers also rank near the top of the list, pulling in approximately $150K, $146K, and around $134K, respectively. Integrated Circuit Designers are among the lowest paid at a median salary of approximately $98K.
When it comes to location, the highest average paycheck (about $148K per year) can be spotted in San Jose, Calif.; Santa Clara, Calif. ($136K), Austin, Texas ($135K), and San Diego, Calif. ($135K) are the next top-paying cities. High paychecks are not found in Sunnyvale, Calif.; in fact, at $103K it is one of the worst-paid cities. Broadcom Corporation workers in Massachusetts earn the most — $150K annually on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks ($165K per year) than those without credentials. Broadcom Corporation workers who hold a Bachelor of Engineering in Bachelor of Engineering (BEng / BE) are also well compensated, earning around $157K on average.
In this position, it pays to have People Management in your toolkit; employees who claim proficiency enjoy a higher median salary of about $181K annually. A garden variety skill at Broadcom Corporation is Engineering Design; a little less than one-fifth of Broadcom Corporation's people use it regularly. Employees also tend to know C, Engineering Design, Semiconductor, and Verilog Vhdl.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
A large number of survey participants save for retirement through Broadcom Corporation's 401(k) plan. Almost all respondents receive health insurance, and most employees get dental coverage. Perks also include free drinks, a stock purchase plan, a casual working environment, a subsidized cell phone, and life insurance.