Late-Career Software Engineer Salary
Generous salaries abound for Late-Career Software Engineers , with average pay above six figures ($106K) per year. Cash earnings for Late-Career Software Engineers — which occasionally include more than $24K from bonuses and more than $16K from profit sharing — stretch from around $79K to approximately $164K. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The vast majority of Late-Career Software Engineers (89 percent) who took the survey are men. For the most part, Late-Career Software Engineers enjoy their work and report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
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Popular Employer Salaries for Software Engineer
Late-Career Software Engineers flock to International Business Machines (IBM) Corp., Intel Corporation, Northrop Grumman Information Systems, Lockheed Martin Corp, and Hewlett-Packard Company, highly regarded companies that employ a generous number of people in this profession. The Boeing Company leads the field in terms of pay, with a median salary of $160K. Those in search of high salaries should also consider Microsoft Corp, Cisco Systems Inc, and Oracle Corp., top-paying firms where Late-Career Software Engineers rake in a whopping $141K, $138K, or $132K, respectively.
Others at the bottom of the scale for this job include Teradata Corp at $105K, and International Business Machines (IBM) Corp. where $110K is the norm, but it is worth noting that some Late-Career Software Engineers there earn up to $157K.
Pay Difference by Location
For Late-Career Software Engineers, working in the bustling city of San Jose has its advantages, including an above-average pay rate. Late-Career Software Engineers can also look forward to large paychecks in cities like New York (+31 percent), San Francisco (+28 percent), Boston (+25 percent), and Austin (+14 percent). In Atlanta, salaries are 11 percent below the national average and represent the lowest-paying market. Employers also pay below the national average in Dallas and Portland (8 percent lower).