Study: Apple Engineers Not Paid Enough To Afford Cupertino Home
The hefty salaries Apple pays its software engineers are no longer enough to buy a home within a short commute of their campus in costly Cupertino, according to a new study by Open Listings, an online real estate brokerage.
The median home price within a 20-minute commute of the Spaceship campus is over $1.16 million, according to Open Listings. Meanwhile, the average annual salary for a software engineer at Apple is $188,000, public salary data from Paysa states.
Using the 28-percent rule that most lenders use in assessing a buyers ability to afford a mortgage that their monthly housing payment, including principal, interest, property taxes and insurance, should not take up more than 28-percent of their income before taxes the study found that an Apple engineer might not be able to afford a home near their workplace on their salary alone.
The monthly home cost for an Apple software engineer earning the above-stated average salary would account for 33-percent of their paycheck, above the 28-percent threshold for lending, according to the studys calculations.
Somewhat surprisingly, those needing to spend the most of their paycheck on housing arent in the heart of San Francisco, but rather in Cupertino and nearby Apples office where home prices have gone up 20-percent over the last year, according to an Open Listing blog on the issue.
For this reason, Open Listings is among those tech companies supporting Sen. Scott Weiners proposed bill to spark more housing.
Benefits Offered To Apple Software Engineers
Engineers working for Apple receive a lot of benefits. The most notable of these is the company-sponsored health care coverage. Apple also provides a generous 401 plan with a generous matching contribution. Apple also provides stocks to their employees. Junior level software engineer gets worth $26K stocks. It can go up to $194K according to levels and experience. Apple also offers a generous and diverse selection of recreational and non-recreational activities. These include educational opportunities like company-sponsored courses, industry conferences, and hackathons. Apple also offers a supportive and diverse employee network, including an employee resource group for all things Apple and a wide range of social clubs and organizations.
Senior Software Engineer Salary In Apple Valley California
How much does a Senior Software Engineer make in Apple Valley, CA? The average Senior Software Engineer salary in Apple Valley, CA is $124,400 as of November 23, 2022, but the range typically falls between $114,100 and $135,300. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
|10th Percentile Senior Software Engineer Salary||$104,722|
|25th Percentile Senior Software Engineer Salary||$114,100|
|50th Percentile Senior Software Engineer Salary||$124,400|
|75th Percentile Senior Software Engineer Salary||$135,300|
|90th Percentile Senior Software Engineer Salary||$145,224|
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Apple Company Software Engineer Salary Vs Other Faang Companies
FAANG companies offer competitive compensation packagesto attract the best software engineers, software developers, tech leads, and coding engineers.
Given below is a comparison of the total compensation received by software engineers at Apple and other leading tech companies.
Google appears to offer the highest compensation. However, Apple remains a company of choice because, in addition to high salaries, Apple offers attractive growth opportunities as well.
Ibm Senior Software Engineer Pay Lags Microsoft Apple Oracle
When you think old school technology companies, your thoughts likely drift to some of the stalwarts that have been around for decadescompanies such as IBM, Oracle, Microsoft, and Apple.
If you happened to land a job at one of those companies a few decades ago, youre likely doing pretty well, financially, thanks to the magic of rising stocks. But not all companies have the same philosophy when it comes to compensation, and its worth comparing these old school firms to see how they treat their senior software engineers, financially speaking.
For this brief exploration, we enlisted the services of levels.fyi, which crowdsources salary data from major tech firms. While crowdsourced self-reporting isnt an ultra-scientific method of data collection, levels.fyi data seems to align with salary information posted on Glassdoor and other sources, suggesting that its offering a pretty good estimate of what software engineers actually earn.
With all that in mind, lets compare senior software engineer salaries for IBM, Oracle, Microsoft, and Apple. We didnt focus on the engineering roles at the pinnacle of each corporate hierarchy because relatively few people occupy those roles we wanted to aim for tiers slightly lower down, where more senior software engineers accumulate. Without further ado:
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Roles And Responsibilities Of An Apple Software Engineer
- Responsible for creating new products and maintaining existing ones. This could mean designing a new app or creating an entirely new service through an API.
- Responsible for maintaining the companys existing products, including bug fixes and performance improvements.
- Responsible for performance analysis, optimization, and designing new products. This could mean creating a concept for a new product or designing a new feature for an existing one.
- Responsible for testing new products before theyre released. This could include designing and building a minimum viable version of a product.
- Responsible for maintaining and troubleshooting the teams engineering tools. This could include designing new tools, updating existing ones, and maintaining their performance.
Additional Benefits Offered To Apple Software Engineers
In addition to competitive Apple software engineer salaries, the FAANG company offers many additional perks and benefits to its employees. As per glassdoor.com, Apple has a 4.5 rating and offers benefits from insurance, retirement to professional support. These benefits can be classified as:
Learn about the Apple Software Engineer Work-Life Balance in the United States
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What Is The Average Salary Of Apple Senior Software Engineer
Apple Senior Software Engineers earn $101,000 annually, or $49 per hour, which is 10% higher than the national average for all Senior Software Engineers at $91,000 annually and 42% higher than the national salary average for all working Americans. The highest paid Senior Software Engineers work for Legacy Engineering at $193,000 annually and the lowest paid Senior Software Engineers work for Netways at $27,000 annually.
Software Quality Automation And Tools
Make simple look easy. In this group, youll ensure our operating systems, apps, and services, including Maps, the iTunes Store, and iWork, run as smoothly as each was designed to. To get there, team members test and qualify all OS releases and applications across all Apple platforms, and develop the infrastructure, platform, and tools to do it. Areas of work include Quality Assurance Engineering, Integration Engineering, Software Developer in Test Engineering, Applications Engineering, Software Compatibility Engineering, Automation Engineering, and Tools Development.
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Apple Software Engineer Salary By Skills:
The base salary of an Apple US Software Engineer is $62,500 while the median base salary for the speciality of data visualization software engineer is $140,000. The job of a software engineer at apple can be challenging and fascinating. You start working as a developer and will have a major say in contributing your hard work to the company. If you feel settled in the position then you have the ability to progress up in ranks such as a Software Architect, VIsual Programmer or a Software Engineer who gets featured in blog posts. Due to high demand, if you get decent reviews and your previous accomplishments look inspiring they will probably offer to bump up your salary to somewhere in the order of $150k-300k per year.
Average Software Engineer Salary At Apple
The average software engineer salary at Apple in the US is $196,421. This total compensation includes base pay of $139,897 and an additional pay of 56,534. The additional pay includes stock options, bonuses, and other benefits Apple offers its employees. On average, the Apple software engineer’s salary ranges from 156K to 252K in the US.
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How Can Senior Software Engineers Increase Their Salary
Increasing your pay as a Senior Software Engineer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Software Engineer that oversees more junior Senior Software Engineers, this experience can increase the likelihood to earn more.
Apple Senior Software Engineer Salary Faqs
- OPPO Senior Software Engineer Salary – 17.7 Lakhs per Year
- Samsung Senior Software Engineer Salary – 16.8 Lakhs per Year
- Western Digital Senior Software Engineer Salary – 16.7 Lakhs per Year
- Dell Senior Software Engineer Salary – 16.2 Lakhs per Year
- Xiaomi Senior Software Engineer Salary – 14.9 Lakhs per Year
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Machine Learning And Ai
Machine learning and AI continue to grow in importance for virtually every Apple product and service, so your contributions in these fields can make an impact on many groups here. Youll help develop algorithms that learn from data to create the most insightful options for the best outcomes. And youll do it with the help of privacy experts to ensure users privacy is respected. Come shape what these predictive technologies will do as part of Maps, Siri, News, and many other applications, including those yet to come. Areas of work include Artificial Intelligence, Computer Vision, Data Science, and Deep Learning.
Information Systems And Technology
How do over 130,000 employees stay connected to each other, to suppliers, and to over a billion customers around the world? They depend on Apples nerve center Information Systems and Technology . They could depend on you, as you help design and manage the massive systems that run Apple services such as Apple Pay and the Apple website, as well as manufacturing, logistics, retail operations, and all our corporate facilities. IS& T also develops and manages our data centers all over the globe. Areas of work include Web Application Engineering, Back-End Engineering, Mobile Software Engineering, Data Science and Applied Machine Learning, Software Quality Engineering, Security Engineering, Network Engineering, Content Delivery, Data Center Operations, and Package Support for SAP and Oracle.
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How To Crack The Apple Software Engineer Interview
Apple interviews are notoriously tough. Therefore, its essential to have a plan in place to succeed in the interview. Here are a few tips that can help you get ready for your interview at Apple.
- Practice Problem-solving As stated above, one of the most common interview questions is problem-solving. Therefore, its important to practice problem-solving problems and find solutions for them.
- Research Interview Questions Interview questions are an important part of the interview process. Therefore, its important to research previous questions.
- Prepare for the Apple Interview Most employers are looking for a specific type of employee. Therefore, its important to prepare for the Apple interview.
- Keep Your Cool The Apple interview is one of the most stressful interviews. Therefore, its important to keep your cool during the hiring process.
- Dress to Impress Although its not as important as other aspects of the interview, dressing well can help you impress the hiring manager.
Read More About: Software Engineering Interview Questions
Apple Software Engineer Salary By Level
Software engineer roles in FAANG+ companies are based on a system of levels. Each level of the employment pyramid is defined based on experience and qualifications.
The various Apple Software Engineer levels are:
- Software Engineer I
- Software Engineer II
- Software Engineer III
- Software Engineer IV
- Software Engineer V
A fresh graduate, with little or no experience, usually starts at level ICT 2. Seasoned engineers with many years of experience are slotted at level ICT 6, which is the highest software engineering level at Apple.
Unlike other FAANG+ companies, there are no specific designations for senior roles. At Apple, âsoftware engineerâ is the only title accorded across all levels. Senior software engineers are only identified by their level.
Apple software engineers’ salaries vary based on their level. Compensation packages at Apple are discreet to ensure fair pay. Apple is renowned for its employee-centric work culture in which employees are compensated attractively at all levels.
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Apple Software Engineer Salary
According to Glassdoor, the average salary for an Apple software engineer is $192,000. This is higher than the national average salary for software engineers at $97,000. Apple prides itself on its product-first culture and engineering-first mindset. As such, it pays a premium for top talent. Apple engineers have some of the best salaries in the tech industry. However, this isnt surprising considering the responsibility of their roles. And the fact that the company takes pride in its engineering culture.
Apple Software Engineer Salary By Experience:
The average salary for a software engineer in the United States was $117K and $111k. The new Apple Software Engineer Salaries report shows that on average salaries are higher by almost $106K per year, but only when considering 1-4 years of experience. In order to earn higher wages as an Apple software engineer youll need to focus your efforts on technical skills like AWS Technology, Go programming language or DevOps Skills Set with these skills earning potential increases significantly!
|Years of Experience|
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Devops And Site Reliability
When you help manage Apples online services, such as the App Store, Apple Music, iTunes, Siri, Maps, and iCloud, youll be supporting hundreds of millions of users. By designing and building a continuous integration and delivery system, youll ensure the high availability, scalability, and security of a huge infrastructure every day. Areas of work include Site Reliability Engineering, Systems Engineering, Telemetry Engineering, Performance Engineering, Systems Administration, and Hadoop Administration.
Apple Software Engineer Stock Options
All FAANG+ companies include stock options in their compensation packages for software engineers at all levels. Stock options are given as Restricted Stock Units . Apart from the Apple software engineer salary, Apple offers stock options to its employees. Apple follows a four-year vesting period 25% of the employeeâs stock units vest every year. All RSUs are vested at the end of four years.
Take a look at some of the Apple software engineer interview questions to prepare thoroughly for your tech interview.
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What Is A Software Engineer
A software engineer designs and creates new software products. This could include building new apps for iOS, macOS, and/or Apple Watch. You may also be responsible for building and maintaining the companys applications for tools like Apples engineering platform. Software engineers are often responsible for the design, development, testing, and maintenance of the companys products. They may also be responsible for creating new products. Some engineering roles may require you to work on both new and existing products at the same time.
Apple Software Engineer Salary Negotiation Tips
Whether youâre starting a new position, expecting a promotion, or relocating, salary negotiation is important to landing a lucrative offer.
Here are a few tips to help you negotiate your Apple software engineer salary:
- Know your worth â Showcase your skills and experience to recruiters.
- Do your research â Learn about the pay scales and compensation benefits other companies offer. This will help you estimate the right offer you should receive.
- Ask for more than you expect â This will give recruiters room to adjust their offer.
- Negotiate at the right time â Donât enter negotiations too early in the process or without getting all the information you need.
Check out our salary negotiation tips to learn about common mistakes made during salary negotiations and how to avoid them.
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Software Test Engineer Jobs In Ontario
- Documenting and validating softwaretest plans.
- Interface with product owners, development, and test teams to create test designs from software requirements and
|$52 an hourPermanent +1|
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|$50 an hourPermanent +1|