Thelander PC Digest: February 2023

How Has Compensation for Staff-level Engineer Jobs Changed Since 2018?

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In the February Thelander Digest, we examined how compensation for four engineering jobs and finance positions has changed since 2018. 

We looked at data for some of the most tried and true engineering jobs on the market and compared them with two staple finance positions. Here we provide a compensation update on both median total cash (which includes base pay + bonus or just base pay, depending on the compensation structure) and median non-founder equity.

What does the data show us?

• The median total cash and median non-founder equity for VP of Finance and Director of Finance positions have stayed constant with slight increases since 2018. 
• The median total cash and median non-founder equity for Engineer – AI / ML and Software Engineer has decreased since 2018. The peak total cash was $162,500 in 2018 for an AI/ML Engineer. 
• Whereas, the median total cash cash compensation for Engineer – Senior has stayed constant since 2018. The median total cash has ranged from $140,000 to $143,100. 
• The median total cash for Engineer has increased by $10,300 since 2018. The equity remains at 0.100% – the same as it was in 2018. The peak was in 2020 at 0.120%. 
• The compensation for Engineer – AI / ML is converging with other engineer positions where the pay has either risen or stayed constant.

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Did you enjoy our Thelander Digest, have ideas for future ones, or want to learn more about how J.Thelander Consulting can help you make informed decisions when it comes to hiring, incentivizing, and retaining talent? Email us here or give us a call at 305-793-8605. We love to hear from you!