Ask HN: Starting iPhone developer salary for new grad?
I'm wondering what would be the salary range we should expect to pay for a programmer right out of college?
a. 25k-35k/year b. 35k-45k/year c. 45k-55k/year d. 55k+/year
I'm wondering what would be the salary range we should expect to pay for a programmer right out of college?
a. 25k-35k/year b. 35k-45k/year c. 45k-55k/year d. 55k+/year
Multiply by 2 to get a fully utilized rate, subtract 30% for overhead, multiply by 60% real utilization, and that's what an FT senior dev might get.
A scale running from $25,000 all the way to $105,000 seems a little unrealistic.
Ultimately, there's no real "default starting salary". You need to fill in the blanks for:
* What your bill rate is (how much is the role worth to you)
* What your utilization is (ditto)
* How skilled the applicant is (knows C? knows ObjC? knows appkit?)
* How much the candidate is going to cost to train year 1 (in billable hours of senior talent spent actually training, and in reduced utilization for the candidate)
You figure out your negotiating ceiling, and from there work out what you're "comfortable" paying, and then you negotiate.
If you're running a competant, reasonably successful shop, my gut is that you come out somewhere around 60-65k for a junior that you think develops into a solid producer within a year. Someone who won't develop into a producer in a year, you don't hire. Someone who already is a solid producer, you can't apparently afford to hire. (That's not a barb).
Atlanta/Austin 55k ny/Boston 75k San Fran 80k Bumblesticks 40-45k
Don't settle for entry level if you're good and can reliably delver great code. You'd have to pay me competitively with my freelancing gig to even think about hiring me.
Other grads aren't as self motivated tho and don't know what's out there. Good luck snagging one!
* The employer's half of FICA
* A paycheck when you're not utilized
* Access to group health and some contribution towards your monthly payment
* Someone else to hunt down and close gigs for you
* Vacation and sick days
Take your freelance rate, knock off 30% for health and taxes (your "fully loaded" rate, which might include office space), and then another 40% for unutilized time, and you're ballparking what a salary looks like before you factor in the amount of effort you put into marketing, sales, and contracts.
Plus factor in that OP wants someone to maintain existing apps (far from bad, but not terribly exciting work) and you have what would be (for me) a really crappy deal.
There are certainly people out there for whom this would be a good fit. I'm simply not one of them, and I suspect there are quite a few people out there my age who make more than I do between the app store and consulting.
With normal programming, you can sort of snag developers right out of school before they know what's competitive pay. All qualified iPhone devs already have a paying gig with apple, and many consult for decent pay.
(b) All I'm saying is that an FT salary and an FT freelance rate shouldn't be within throwing distance of each other.
(c) By my math, you indeed should actually be getting something like $8k * 12, because if you're well utilized and paying part-timer-bracket taxes, you're probably undercharging.
Just so expectations aren't raised too high...
I think that's the part that's not typical, not (just) the pay. In an efficient market, you get paid what you're worth.