The highest average salaries go to Senior Engineering Managers, who bring in close to approximately $183K annually, though Principal Software Engineers are not far behind at $135K along with Senior Software Engineers (about $130K) and Software Test Quality Assurance Engineers ($87K). Software Engineers at F5 Networks, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions (around $87K on average) at the company.
Years of Experience
Five to nine years of work experience seem to result in median wages of $85K per year. Between the one and five year mark, median pay is about $77K annually. When we consider tenure, a substantial portion of employees (43 percent) have been working for 10-19 years and make $119K per year on average.
Residents of Boston, Mass. pick up paychecks that are higher than any other city — the median salary is around $143K annually; other top-paying cities include San Jose, Calif. ($135K) and Seattle, Wash. (approximately $94K). Across its U.S. offices, the state of Massachusetts pays F5 Networks, Inc. the most — $143K per year on average.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at approximately $150K annually. Becoming a Certified ITIL Leader can certainly pay off here; those folks make around $87K on average. F5 Networks, Inc. provides the highest financial reward to those with a Master of Science (MS), Mechanical Engineering (ME) — these employees rake in about $91K per year.
The highest-paying skill to have in this role seems to be People Management; employees claiming this as part of the toolbox earn a median of $160K annually. Linux also popped up often in the survey as an important skill; roughly one in five of employees surveyed report using it at work. C++, C, and Project Management 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
Most workers plan for retirement by taking advantage of the company-sponsored 401(k) program. Almost all respondents have health insurance, and benefits for nearly all employees also include dental insurance. Some other perks are a casual working environment, free drinks, a stock purchase plan, a company cell phone, and stock options.