When it comes to location, the highest average paycheck ($120K annually) can be spotted in San Francisco, Calif.; the company's headquarter city of Sunnyvale, Calif. (around $119K), San Jose, Calif. ($118K), and Los Angeles, Calif. (about $105K) are the next top-paying cities. At approximately $40K, Omaha, Neb. is home to some of the lowest pay in the country. Within the company, workers earn the highest salaries (an average of $118K per year) in California.
Years of Experience
Between the one and five year mark, median pay is about $105K annually. When we consider tenure, a substantial portion of employees (36 percent) have been working for five to nine years and make $117K per year on average.
Principal Software Engineers earn the highest median pay at approximately $150K annually, followed by Senior Software Engineers ($140K), Program Project Managers ($130K), and Senior Software Engineers (around $121K). Near the bottom at Yahoo! Inc. are Software Development Engineers, pulling in an average of just about $109K.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Sun Certified Enterprise Architects, who make approximately $158K per year. On average, salaries rise to $133K annually for accredited PRINCE2 Certificate Holders. Yahoo! Inc. provides the highest financial reward to those with a Doctorate (PhD) — these employees rake in $130K per year.
Benefits and Perks
A large number of employees save for retirement through Yahoo! Inc.'s 401(k) plan. For nearly all survey participants, benefits include health insurance, and a large number of survey participants get dental coverage, too. The company also dishes out perks such as a company cell phone, a casual working environment, gym membership, free drinks, and stock options.