Years of Experience
Average pay is around $114K per year for those with five to nine years of experience. For those with one to four years of experience, median paychecks reach $93K annually. The greater proportion of employees (42 percent) report 10-19 years of experience and bring home median pay of approximately $140K per year.
The highest paychecks go to Senior Principal Engineers, who earn an average $156K annually, closely trailed by Semiconductor Principal Engineers ($145K), Principal Software Engineers (about $143K), and Principal Electrical Engineers (approximately $135K). Senior Integrated Circuits Design Engineers at Broadcom Corporation do not see much in the way of financial compensation and represent one of the lower-paid positions ($115K on average) at the company.
When it comes to location, the highest average paycheck (around $141K per year) can be spotted in San Jose, Calif.; Austin, Texas (about $140K), Santa Clara, Calif. ($136K), and San Diego, Calif. ($124K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Fort Collins, Colo. — at about $106K, salaries are some of the lowest in the country. Across Broadcom Corporation's U.S. offices, employees in the state of Massachusetts earn the most, taking home approximately $159K annually.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to around $149K per year. Broadcom Corporation compensates Master of Computer Science (MCS)-holders the most at $146K annually.
When it comes to skills, employees who report Engineering Design, Semiconductor among their abilities seem to make the most, reporting a median income of $145K per year. C programming Language is considered a run-of-the-mill skill; approximately one-fifth of Broadcom Corporation's people use it regularly. Employees also tend to know Engineering Design, Verilog Vhdl, and C++ Programming Language.
With a more than 3 to 1 male-to-female ratio, men represent the better half of Broadcom Corporation's employees who responded to the survey.
Benefits and Perks
The vast majority of survey participants plan for retirement by taking advantage of the company-sponsored 401(k) program. Perks cover health insurance for almost all employees and dental coverage for most workers. Other privileges include a stock purchase plan, free drinks, a casual working environment, stock options, and life insurance.