Thread regarding Intel Corp. layoffs

More ACTs required to pay the highly compensated, out with the old and in with the cheap H1b immigrants

Not sure why so many Intel folks complain about their pay. Just a bunch of greedy bastards.This pay data is very accurate.

Yep, I verified using online pay tool that this is accurate for total compensation.

G10 AZ PE here. $310K tcomp. Serp+ at G10 helps with taxes.

So sorry for that GR8 poster, must suck....

not accurate - i'm G8, and low-end is not that high. BAAAAHHH... thanks for playing. We have some lovely consolation prizes for you on the way out...

So the socialist workers are cheaper

I'd love to share my data point in this thread but just too worried. I typed it and deleted twice.

$117k base for starting grade 7 sounds right, with 2% starting bonus target. In 2011 it was $103k, so about 2.6% increase per year. This exceeds inflation.

Apb targets aren't increasing as fast as they used to due to focal change in 2012. Before 2012, dollars could equally be put into apb or base, and abp got 3-4x multiplied for free. Now, apb dollars are 3x base, so they are distributed more evenly.

Grade 7: 101,200-117,700$ - it varies when the EE joined. Recent hires at Grade 7 with PhDs and no work experience are offered 117,700$ plus $2,354 APB(multiplier not mentioned at the time of offer)..

Pay Modelling tool available in your pay stub will tell you more. Where you can check what your package is.

@HVQK9O2-gbx Oregonian reported that in OR, average salary Intel employee makes is $170k.

The salary data provided is PACKAGE SALARY includes:

+Quarterly Bonus

+Annual Bonus

+RSU stock granted

ANNUAL BASE PAY salary of $120k, equals a PACKAGE of $153k

These numbers are available to any manager

Could anybody share ranges for Poland?

It seems close to what several others have posted, especially at higher grades (>9). While some companies might pay similarly, at higher grades most companies will pay you a lot less. There is no way a PE in most large companies to make what a grade 10 makes, if these number are correct.

What stage do we get a raise and switched to higher grade ...when we move into a higher-grade job ?

Maybe this is San Fran or SC data. Otherwise it is way too high, not what we see in AZ/NM/TX or even OR.

Too much money for a bunch of no skill PowerPoint morons.:-p

and Murphy got $25 mil for talking sh--.

he is a used car sale man

You low paid read and weep they look about right but don't include the RSU and the fact that EB multiplier can make the GR9-12 really pop.

Intel pays well, but only if you are high grade,

Not to worry other companies do pay equally well and some even better

These salary ranges appear to be on the high side. What's listed as GR7 is really what GR8 is. listed GR8 is really what GR9 is, etc.

OP here. Time to sleep, tomorrow will be long day @ INTEL. Lot of technical work to be done, but not sure if I am motivated enough, since I am Grade 6, and fall below these numbers.

Please, spread the word around. You all should (insiders and outsiders) know the basics, how better to negotiate your position with the "masters" (Grade 9 and 10).

Good nite, sleep well.

G5 is around 70K-100K and G6 around 90K-120K I think. At one point the ranges for all grades was available to everyone but they removed that info a few years ago.

Salary equation has changed a lot at Intel. 10 years back base salary is less. Recent joinies(experienced or college grad) get a higher base but less total benefits because of inflation and competition range... But because our base salary is only one that increases linearly from focal. Hence it may complicate each individual's math on W2. But for all Statistical purposes, these numbers seems fall very close to arthematic mean of total comensation of all Intel employees at specific grade level not taking geo differntial into consideration

This looks fairly solid / valid

Grade 7 electrical engineer here, my t-comp is $120k, my salary is $100k. I'm in AZ.

I haven't looked in a while, but I think there's a tool in Circut somewhere that says what the min, max and average salary is for whatever grade level you're at.

For example the pay range for a G9 in HR is significantly lower than a G9 Engineer which is significantly lower than a G9 Attorney.

OP is talking here about Engineer Grades salaries. To add to it: HR KNOWS these salaries. Talking about concrete individuals, not ranges. No wonder why HR dudes are mad. Desperate Housewives got EGO inflated over the years.

Time Will Tell

Yeah, these numbers are wrong. Also, salary is dependent on job code. For example the pay range for a G9 in HR is significantly lower than a G9 Engineer which is significantly lower than a G9 Attorney.

Just ask your manager to show you. There's no rule against that. I've shown my direct reports before.

from what I see is its basic only. BTW , it does not matter as your job is not secured :-)

Um, OP said salaries... what is your base salary before total comp?

Um, Grade 8 software engineer here at $210k total comp. OP is not accurate, those numbers may be right for some job roles, like HR.

What about grade 5 and 6?

This is incorrect

Please, prove otherwise.

Nope

This data was taken from another post, but as anyone who works/worked at intel knows, it's not just the base but the total compensation (bonuses) that matter, esp at the higher grade levels. This data isn't clear if its base salary or w-2 numbers being reported.

This is incorrect