How much does an Oracle Software Engineer make? Well, there are thousands of, shall we say, “speculative” answers to this question online. The goal of this article is to cut through the noise and provide real data based on our experience with hundreds of tech negotiations and several thousand submitted offers. Below, we’ve listed the top-of-band compensation for Oracle Software Engineer levels. There’s also a bonus section at the bottom with tips on negotiating Oracle SWE offers!
2022 Seattle Top-of-Band Numbers
Base Salary
$120K
Equity (4 years)
$230K
Yr 1 Signing Bonus
$20K
2022 Seattle Top-of-Band Numbers
Base Salary
$135K
Equity (4 years)
$300K
Yr 1 Signing Bonus
$20K
Yr 2 Signing Bonus
$20K
2022 Seattle Top-of-Band Numbers
Base Salary
$165K
Equity (4 years)
$450K
Yr 1 Signing Bonus
$25K
Yr 2 Signing Bonus
$25K
2022 Seattle Top-of-Band Numbers
Base Salary
$210K
Equity (4 years)
$600K
Yr 1 Signing Bonus
$25K
Yr 2 Signing Bonus
$25K
2022 Seattle Top-of-Band Numbers
Base Salary
$220K
Equity (4 years)
$1.2M
Yr 1 Signing Bonus
$60K
Yr 2 Signing Bonus
$60K
So now you've got the comp data, are you ready to negotiate? Not quite.
First off, comp data is constantly changing. Oracle’s numbers changed substantially from 2021 to 2022 (though we've seen some pullback with the recent market downturn), and it’s critical to know the full range for each component to optimize your negotiation.
However, counter to what many people think, having compensation data alone is not typically enough. You can go tell your Oracle recruiter that $X is top-of-band and that you want that number, but in 90% of cases that won’t work. So, what will?
Companies negotiate when they believe you won’t accept their offer. But, since you just finished a long and arduous interview process with them, they know you are likely to accept the job.
Often - leverage comes from having higher offers from other great companies - so you can tell your recruiter that you’re considering other options but would prefer Oracle if the compensation is comparable. This quickly becomes challenging if you don’t have other offers or if your other offers aren’t higher than the top-of-band comp numbers you are targeting.
Another option for creating leverage is through what we call “conducting research leverage” after you receive an offer – essentially, taking time to interview the company and the people you’ll be working with. Doing this helps you collect more information about how and where you can be impactful and can slow down the negotiation process – which gives you time to collect other offers, do more market research, and build the company’s interest in getting you to sign.
Assuming you do have a higher competing offer (i.e. above your top-of-band target) from another good company, the negotiation can still be surprisingly difficult. Oracle will try to find any differences in the offers (location, level discrepancy, non-salary comp components) and use that to justify not matching the offer. Sometimes this is very illogical (e.g. not matching an offer from a lower cost of living area), so you have to be very careful how you share your information. Knowing exactly what to say and not say on a recruiter call is key to optimizing your Oracle negotiation.
IC-1
IC-2 MTS
IC-3 Senior MTS
IC-4 Principal MTS
IC-5 Consulting MTS
IC-6 Architect
Junior L3
L3
Junior L4
Senior L4 to Junior L5
Senior L5 to L6
L7 to Junior L9
Google is a useful point of comparison as its leveling system has become the industry standard. Oracle's levels, unfortunately, don't line up cleanly with Google (e.g. IC-3 which is senior at Oracle lines up with L4 at Google). This often presents challenges where incoming Oracle candidates are down-leveled. However, it can also present opportunities where you can jump a level if you play your cards right.
Step 1 is defining the strategy, which often starts by helping you create leverage for your negotiation (e.g. setting up conversations with FAANG recruiters).
Step 2 we decide on anchor numbers and target numbers with the goal of securing a top of band offer, based on our internal verified data sets.
Step 3 we create custom scripts for each of your calls, practice multiple 1:1 mock negotiations, and join your recruiter calls to guide you via chat.