High-paying Opportunities in Software Engineering Leadership
Software Engineering Lead Salary
Ensure quality delivery of software within accepted timelines and budgets. Build technical leadership and intellectual property within the organization.
Healthcare organizations are investing heavily in software. From point of sale systems in hospitals to dynamic and personalized experiences for patients, there are hundreds of opportunities for software engineers to make high salaries.
What is the average salary for a software engineer-team lead?
A software engineer-team lead is a senior level software engineer who oversees and manages the engineering team. They are responsible for quality delivery of software within accepted timelines and budgets. They also work toward building technical leadership and intellectual property for their company. They have a bachelor’s or master’s degree in computer science or information technology, and they should know at least two programming languages. They have real working experience as a software engineer, web developer, or QA tester, and they should have good management skills.
Those who wish to increase their salary as a software engineer-team lead can consider moving to a city with a higher average wage. Federal Way, WA is the top-paying city for this job, followed by Jersey City, NJ and Santa Clara, CA. These cities all pay above the national average. Another option is to seek a promotion to a senior level position that offers more pay. This can be done by asking for a raise or submitting a performance review.
Which companies pay software engineer-team lead the most?
Software engineers who are hired by tech giants like Google, Apple, Facebook, and Amazon tend to get the highest salaries. These companies are constantly updating their technology, requiring teams of software engineers to ensure they are always providing the best possible product for their customers.
In addition to the aforementioned tech companies, health care organizations, financial institutions, and retail companies also hire a significant number of software engineers. With the COVID-19 pandemic, these industries have been investing heavily in their software systems to improve efficiency and keep patient information private.
For software engineers who want to increase their earning potential, the key is to specialize in a niche skill set and build leadership experience organically. By contributing to open source projects, speaking at events, mentoring young programmers, and building side projects, you can create a personal brand that will make it easier to move into management roles with more pay. Learn more about this career path with a free Forage job simulation.
What is the average salary for a software engineer-team lead in the U.S.?
Software engineering leads make $74,600 a year on average. This is before taxes, which take away 24% of your income. However, the exact salary you’ll earn will depend on your specific tax situation and your living costs.
Senior remote software engineers typically have five to ten years of experience in their field. They have deep knowledge of programming languages and frameworks, and they can manage junior team members. They also participate in core development and provide high-quality software solutions.
Most team leaders have at least a bachelor’s degree in computer science or information technology. In addition, they have real working experience as software engineers, web developers, QA testers, or other IT specialists. They should also have at least two programming languages and have an excellent English level.
What is the average salary for a software engineer-team lead in Chicago?
Software engineering has become increasingly popular as a career path for college and bootcamp graduates alike. As such, the demand for top talent is high and the salaries are competitive.
Those looking to advance their careers in the field should consider relocating to a city that offers competitive wages. San Francisco, for example, is known for paying top engineers well. Companies like Roku and Integral Ad Science offer salaries that exceed the national average for this position.
Other cities that offer attractive compensation for software engineering team leads include Denver, Boston, and Atlanta. Philadelphia may not be the first place that comes to mind when thinking of east coast tech hubs, but the city is home to many big-name companies such as Comcast and Misfits Market, and it offers a competitive salary for professionals in the field.
There are a few ways that software engineering team leads can increase their salary. One way is to change employers, which can lead to a significant increase in earnings. Another way is to pursue advanced degrees, which can also help them increase their income potential and qualify for promotions.