Years of Experience
Those with one to four years of experience at the company can expect to make around $94K annually on average. Those who have five to nine years of work experience see average salaries of approximately $113K per year. When we consider tenure, a substantial portion of employees (42 percent) have been working for 10-19 years and make $144K annually on average.
Senior Principal Engineers are the best paid with the average salary hovering at $155K per year; Principal Software Engineers, Semiconductor Principal Engineers, and Senior Integrated Circuits Design Engineers also rank near the top of the list, pulling in $146K, about $145K, and around $144K, respectively. Staff Design Engineers make an average $102K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (approximately $142K annually) can be spotted in San Jose, Calif.; Austin, Texas (about $140K), San Diego, Calif. ($137K), and Santa Clara, Calif. ($134K) are the next top-paying cities. Sunnyvale, Calif. is near the bottom for pay at around $102K. By state, the highest compensation levels appear in Massachusetts, where the average salary is $150K per year.
Certifications and Degrees
Broadcom Corporation provides the highest financial reward to those with a Bachelor of Science in Electrical Engineering (EE) — these employees rake in approximately $140K annually.
The highest-paying skill to have in this role seems to be Software Architecture; employees claiming this as part of the toolbox earn a median of $153K per year. A relatively widespread skill at Broadcom Corporation is C; a little less than a fifth of employees use it for work. Many workers are also familiar with Engineering Design, Engineering Design, Semiconductor, and C++.
Broadcom Corporation's employees who answered the questionnaire are largely male (the male-to-female ratio is more than 3 to 1).
Benefits and Perks
Almost all workers participate in the company's 401(k) retirement savings plan. Health insurance is part of the package for almost all survey participants, and for most workers, dental coverage is too. The list of perks also includes free drinks, a casual working environment, a stock purchase plan, a company cell phone, and life insurance.