CS/EE Undergrads
Data: I received 140 responses which described 360 job offers. 95% of the job offers were primarily located in the Bay Area, 5% were from the Midwest and East Coast. 10% of the job offers were from start-ups.
Salary offers ranged from $64,400 to $100,000. The average salary offer was $79,914. The median salary offer was $ 82,200.
About 70% of students were offered stock options. About 80% of students were offered signing bonuses. And about 60% were offered relocation assistance and there were others who did not report the statistics since relocating did not apply to them. Relocation assistance ranged from $2,000 to $10,000 with an average of $3,000. Bonuses ranged from $5,000 to $25,000 with an average of $5,700. I did not calculate the range of stock options because stock options offered by companies are so different in their actual and potential values.
Students who replied averaged about 2 job offers. However, students may not have reported on all the offers they received. The average student who replied to the survey all had some job experience, nearly all of it through summer internships and averaged 3 summer of work.
Location, scope of work, salary/benefits, environment/culture, company were the important factors in accepting the offers for the undergrads.
CS/EE Masters
Data: I received 145 responses which described 330 job offers. 94% of the job offers were primarily located in the Bay Area, 6% were in the Midwest and East Coast. 15% of the job offers were from start-ups.
Salary offers ranged from $66,000 to $120,000. The average salary offer was $94,634. The median salary offer was $93,000. The candidates who were offered $120,000 was reporting directly to the VP of his research group. Also, one of the candidates was offered $36,000 because the individual was doing an internship instead of a full-time position out of state which I did not include into the calculation.
About 78% of students were offered stock options. About 66% of students were offered signing bonuses. And about 43% were offered relocation assistance and there others who did not report the statistics since relocating did not apply to them. Relocation assistance ranged from $1,000 to $8,000 with an average of $1,740. Bonuses ranged from $5,000 to $35,000 with an average of $4,102. I did not calculate the range of stock options because stock options offered by companies are so different in their actual and potential values.
Students who replied averaged about 3 job offers. However, students may not have reported on all the offers they received. The Masters had a little more summer experience than the undergraduates, an average of 3 summer internships.
Like the undergrads, location, scope of work, company, and salary/benefits, and environment/culture seem to be the important factors for the MS grads.
CS/EE PhD's
Data: I received 26 responses which described 60 job offers. 79% of the job offers were primarily located in the Bay Area, 21% were in the Midwest and East Coast. 30% of the job offers were from start-ups. 5% of the job offers were from a university.
Salary offers ranged from $132,888 to $145,000. The average salary offer was $123,972. The median salary offer was $138,944. One of the candidates was offered $43,000 because the individual was pursuing a Post-doc at a university which I did not include into the calculation.
About 45% of students were offered stock options. About 45% of students were offered signing bonuses. Bonuses ranged from $5,000 to $19,600 with an average of $6,150. Relocation assistance ranged from $5,000 to $10,000 with an average of $7,500. However, they may not have reported on all the benefits they received. I did not calculate the range of stock options because stock options offered by companies are so different in their actual and potential values.
Students who replied averaged about 3 job offers. However, students may not have reported on all the offers they received. The PhDs had about the same amount of summer experience as the Masters, an average of 2 summer internships and with the exception of 2 full-time experience.
Like the undergraduates and masters, location, company, environment/culture, salary/benefits, scope of work seem to be the important factors when it came to accepting their job offer.
