Software Engineer salary in Palo Alto, CA
How much does a Software Engineer make in Palo Alto, CA?
Average base salary
The average salary for a software engineer is $163,585 per year in Palo Alto, CA and $8,000 cash bonus per year.844 salaries reported, updated at July 5, 2022.
Salaries by years of experience in Palo Alto, CA
|Years of experience||Per year|
|Less than 1 year|
|1 to 2 years|
|3 to 5 years|
|6 to 9 years|
|More than 10 years|
Top companies for Software Engineers in Palo Alto, CA
Highest paying cities for Software Engineers near Palo Alto, CA
Where can a Software Engineer earn more?Compare salaries for Software Engineers in different locations
Best-paid skills and qualifications for Software Engineers
Scalaearn +24.30% more
The jobs requiring this skill have increase by 6.76% since 2018. Software Engineers with this skill earn +24.30% more than the average base salary, which is $163,585 per year.
|Year||Number of job openings on Indeed requiring this skill||Change from previous year|
|2012||4402||increase by 4402|
|2013||18738||increase by 325.67%|
|2014||26969||increase by 43.93%|
|2015||23159||decrease by 14.13%|
|2016||36922||increase by 59.43%|
|2017||25492||decrease by 30.96%|
|2018||31035||increase by 21.74%|
|2019||33132||increase by 6.76%|
More critical skills and qualifications that pay well
|Top Fields of study||Salary||Job openings||Companies|
Most common benefits for Software Engineers
- 401(k) matching
- AD&D insurance
- Commuter assistance
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee discount
- Employee stock purchase plan
- Flexible schedule
- Flexible spending account
- Food provided
- Gym membership
- Health insurance
- Health savings account
- Life insurance
- Opportunities for advancement
- Paid sick time
- Paid time off
- Parental leave
- Professional development assistance
- Profit sharing
- Referral program
- Relocation assistance
- Retirement plan
- Stock options
- Tuition reimbursement
- Unlimited paid time off
- Vision insurance
- Work from home
Salary satisfactionBased on 3,140 ratings
63% of Software Engineers in the United States think their salaries are enough for the cost of living in their area.
How much do similar professions get paid in Palo Alto, CA?
Common questions about salaries for a Software Engineer
What is the highest paid software engineer?
Software engineers with management experience and skills are paid the highest.
How much do similar professions to Software Engineer get paid?
Check the below indeed career pages for the detailed pay ranges for the similar professions here:
Software engineers sometimes receive restricted stock units or long term incentives - but what are they?
There may be 3 usual components to a software engineer's pay at a tech company:
- Base salary
- Cash bonus
- Long term incentives
Base salary is the monthly payment for coming to work. It's usually fixed and is often quoted yearly. Cash bonuses may be paid quarterly or yearly and they are often a percentage of salary (5-30%) and usually depend on personal performance in the period. Long term incentives give something that may only be convertible into cash at a future date. These can take the form of restricted stock units, stock options or other similar payments. An amount will be allocated to you, usually once per year, and then sometime in the future (1-5 yrs) these units will be convertible into cash at the prevailing rate. This prevailing rate is determined by the performance of the company. In the case of the stock units, it's simply the stock price at the time they become yours (also known as vesting).