Top 5 Paying Tech Companies for Entry-Level Software Engineers

Granit Haxhaj
2 min readNov 21, 2020

Working in software engineering comes with many blessings. It has one of the most lax work environments in any industry, it involves building new technology for the future, and it pays really well! However, some companies invest more into their software engineers than others. As an entry-level engineer, you should not be too concerned about pay. Building up your experience matters more than your compensation, but that does not mean compensation does not matter! Here are the top 5 companies that offer the highest average salaries to their entry-level software engineers!

5. Oracle

Oracle is a computer technology corporation based in Redwood City, CA. Their products are split into two categories: infrastructure and applications. Oracle Cloud Infrastructure (OCI) is centered around delivering a high-performance computing power back-end service to companies with massive databases. It directly competes with Amazon Web Services. Oracle Fusion Cloud Applications provides high-level app development to their consumers, developing the frameworks for softwares like DocuSign, EmblemHealth, and Hearst. The average entry-level engineer at Oracle is paid $175,000 annually.

4. LinkedIn

LinkedIn is a massive social media platform designed to give individuals and companies a professional online presence. It gives users the opportunity to connect with each-other and network online. Users can also apply to jobs companies post on the app. A typical entry-level engineer sees a compensation of about $192,000 on average.

3. AirBNB

AirBNB is an application that allows you to search for homes in an area of your choosing that you can book to stay. It was designed to compete against hotels and offers home owners a new way of using their properties to make an income. It also offers users an alternative to hotel rooms. The app is very developed and used by millions all over the world. AirBNB compensates their engineers, who are the reason we all can reap the benefits of this marvelous app, very well. Entry-level engineers are paid an average annual salary of $207,000.

2. Stripe

Stripe is a financial service company that offers a payment processing software for e-commerce websites and applications. It gives developers an easy way to integrate payment systems into applications. This is very useful when developing apps for companies that want to use the web as a selling platform. Their entry-level engineers see a compensation of about $223,000 annually.

1. Lyft

Lyft is an online taxi-service application that helps connect users to drivers in their area. The app was designed to give people an easy way to arrange a ride and also give drivers an easy way to obtain customers. It’s mutually beneficial; the app gives users the comfort of seeing who their driver is prior to getting picked up at the location of their choosing, and gives drivers an idea of who they are picking up while allowing drivers to choose their own working hours. An entry-level engineer at Lyft is ranked as the highest compensated entry-level engineer, seeing an average annual salary of $234,000.

Sources:

https://www.oracle.com/index.html

https://en.wikipedia.org/wiki/Stripe_(company)

https://www.levels.fyi/2019/

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