PayPal is one of the largest payment gateways in the world. Given its attractive employee benefit programs and positive work environment, it is one of the most sought-after employers in the IT space. According to Comparable, 74% of PayPal’s employees feel they work in an extremely positive work environment.
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In this article, we have discussed the salary and other benefits for a software engineer at different levels at PayPal. Here’s what the article will cover:
According to PayScale, the average PayPal software engineer salary is $112,619 per year. Software engineer salaries at PayPal can range between $89,000 to $155,000 per year, depending on the hierarchy. This estimate is based upon 65 PayPal software engineer salary reports provided by employees on PayScale.
The data available on PayScale reveals that an entry-level software engineer with less than one year of experience can expect to earn an average total compensation (including tips, bonus, and overtime pay) of $98,181.
An early career as a software engineer with one to four years of experience earns an average total compensation of $114,328A mid-career software with five to nine years of experience earns an average total compensation of $120,366.
Note: The average PayPal software engineer salary is $112,619 per year. However, a software engineer’s salary at Google is approximately $122,032 yearly, 17% above the national average. FAANG companies are known for paying much higher salaries compared to other tech companies.
Recommended Reading: What Is the Highest Salary for Software Engineers at FAANG Companies?
Take a look at the compensation of a software engineer at each level:
Years of Experience: Entry level to one year
Total Compensation: $134k
Years of Experience: Minimum 2 years
Total Compensation: $158k
Years of Experience: Minimum 4 years
Total Compensation: $190k
Years of Experience: Minimum 6 to 7 years
Total Compensation- $256k
Years of Experience: Minimum 8 to 10 years
Total Compensation: $343k
Years of Experience: Minimum 8 years
Total Compensation: $395k
The software engineer salary at PayPal may differ according to the location. We have collated salary data of a software engineer IC-1 at five different PayPal offices in the US. Take a look:
A stock option is the right to purchase a certain number of shares of a company's stock at a predetermined price known as the "exercise" or "strike price."
Stock options are a type of benefit that companies provide to employees in order to reward them. Some fast-growing companies use them as an incentive for employees to work toward increasing the value of the company's shares.
PayPal also issues stock options to its employees at different levels. Here’s how it works at each level:
PayPal follows a tradition of fostering an open, diverse, and innovation-driven culture essential to its employees so that they are at their creative best. To ensure the overall well-being of the employees, the company offers a range of benefits. They are:
Insurance, health, and wellness
Financial and retirement
Family and parenting
Vacation and time off
Perks and Benefits
The minimum qualification required to be a software engineer at PayPal is a Bachelor’s degree in computer science or a related field. However, candidates with a Master’s degree are preferred over those with only a Bachelor’s degree.
The technical requirements of the job include:
The right amount of preparation and practice is extremely important to bag a job at Paypal. We have built a community where you can connect, share, discuss, and practice winning strategies and tips to crack the interview.
You can read the following articles to help you prep for your coding interview:
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