Share your salary progression

Update - only “inflation adjustment” this year.

Year Base Step Relative Absolute
2014 74’400 Postgrad
2016 95’000 Permanent 27.69% 27.69%
2019 107’000 Promotion 12.63% 43.82%
2021 135’000 Company change 26.17% 81.45%
2023 142’500 Promotion 5.56% 91.53%
2024 146’775 Raise 3.00% 97.28%

Plus yearly bonus of ~15k on avg.

Edit: Data role in the financial industry, mid 30s.

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Very nice! I see quite a number of companies on there which I have too and it seems you have a few value/turnaround stocks in there.

Does this also include your Pillar 1e/2/3a assets? If not, how much are those pension assets compared to this and how are those invested if differently e.g. do they represent a ‘bond-like’ portion of the portfolio?

Lastly, to understand your asset allocation, do you also own real estate and how does that fit in with your portfolio?

This seems slightly off topic, I replied on FI(RE), pulling the trigger likely in 2020: ~50, male, married, one kid - Share your story - Mustachian Post Community instead.

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After talking to someone from abroad about taxes, I made a chart comparing income vs. taxable income. Salary still is biggest part of that. Does this count?

Highest rate was above 85% of income (not depicted), lowest below 50%.

grafik

Alas, no big jumps on the salary level without leaving a comfortable part-time job.

Update for 2024

2019 : 71.5k CHF + 1k (bonus)
2020 : 78k CHF (no bonus)
2021 : 84.5k CHF + 1k (bonus)
2022 : 87.75k CHF + 10k (bonus)
2023 : 97.5k CHF + 5k
2024 : 104k CHF + …

Still in civil engineering (VD), haven’t changed company in 6 years

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Updated numbers for last & this year, full table:

Year salary + bonus Notes
2018 62k + 2k
2019 50k military / studies
2020 10k studies
2021 13k internship & studies
2022 51k + 1k finish studies & then full time work
2023 105k + 7k
2024 110k

(non dev) IT job in finance

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2024 update

Total gross comp:

2012: Fr. 88k
2013: Fr. 98k
2014: Fr. 99k
2015: Fr. 110k
2016: Fr. 123k
2017: Fr. 150k
2018: Fr. 127k
2019: Fr. 120k
2020: Fr. 158k
2021: Fr. 165k
2022: Fr. 173k + 78k bonus
2023: Fr. 181k
2024: Fr. 188k + 67k bonus

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That’s quite a bonus, congrats! :muscle:

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Updated for 2024:

New job role (entry-level management in IT, public sector): 125K.
This represents a 15K increase from last year.

While not extraordinary, I anticipate further salary growth in line with this new position in the future. :slight_smile:

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2024 update:

250k base + 40k bonus + 200k stock

Next step from here would require a promotion (and also not getting fired in the meantime).

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Here is mine with Fix Comp + Var Comp + Free company shares (starting in 2023, pledge for 3y.) :

2018: 165k + 35k (EUR)
2019: 185k + 40k (EUR)
2020: 225k + 45k (CHF)
2021: 230k + 50k (CHF)
2022: 235k + 55k (CHF)
2023: 250k + 65k + 80k (CHF)
2024: 280k + 100k + 110k (CHF)

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in which sector your working? whats your role?

whats your job role if i may ask?

Executive role, Among top 1% of a multi-national company, industry sector

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Was it always the same job, or was there a change? Just wondering why free company shares started appearing in 2023.

No, some job changes / role evolution leading to eligibility to an incentive plan for top mgmt

I’m currently negotiating for 235 base + 150 stocks, would be biggest pay day so far.

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can you share your job progress? and since you are in tech what were your roles? and how do you find such kind of offers? do they approach you? are these faang companies?

See Share your salary progression - #438 by MrCheese except that 2023 didn’t go that well (ended up at 258k), startup couldn’t raise Series A and laid me and 6 others off last year. Now Head of IT/Security at a swiss startup but got a offer on table for Head of Security in crypto world again for 235k base plus 0.5% which I took to current company and they might match it. We’ll see.

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your salary doubled at megacorp :). Whats the evolution of your joblevel there like you started as an engineer and then climbed up the level ladder? I guess its some faang company ^^