Years of Experience
For those with five to nine years of experience, average earnings amount to approximately $114K annually. Between the one and five year mark, median pay is $93K per year. The largest slice of the Broadcom Corporation workforce (41 percent) has been working for 10-19 years and earns, on average, $140K annually.
Senior Principal Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $156K per year — though Semiconductor Principal Engineers, Principal Software Engineers, and Senior Software Engineers also do fairly well at about $145K, around $143K, and approximately $128K, respectively. Near the bottom at Broadcom Corporation are Staff Design Engineers, pulling in an average of just $99K.
When it comes to location, the highest average paycheck (around $140K annually) can be spotted in Austin, Texas; San Jose, Calif. ($140K), Santa Clara, Calif. (about $136K), and San Diego, Calif. ($119K) are the next top-paying cities. At $106K, Fort Collins, Colo. is home to some of the lowest pay in the country. Within the firm, employees working in Massachusetts take home the most — approximately $159K per year on average.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at $149K annually. Broadcom Corporation provides the highest financial reward to those with a Master of Computer Science (MCS) — these employees rake in $146K per year.
The best-paying skill to have in this role appears to be Software Architecture; employees who claim this ability report median compensation of around $143K annually. Folks here also tend to know C programming Language; on the survey, nearly one-fifth of workers named it in their skills portfolios. Engineering Design, Verilog Vhdl, and C++ Programming Language were also reported by many survey participants.
Employees who completed the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
Benefits and Perks
For employees looking to save up for their golden years, Broadcom Corporation provides an optional 401(k) plan, and nearly all workers participate. The vast majority of workers report having health insurance, and a large number of survey participants report having dental coverage. Perks also include a stock purchase plan, free drinks, a casual working environment, stock options, and life insurance.