Salaries at intel: Intel Software Engineer Salary | $134K-$543K+
Intel Software Engineer Salary | $134K-$543K+
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Average Compensation By Level
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Grade 5(Entry Level) |
$134K |
$113K |
$12K |
$9K |
Grade 6 |
$159K |
$130K |
$22K |
$7K |
Grade 7 |
$188K |
$159K |
$23K |
$6K |
Grade 8Staff Engineer |
$242K |
$181K |
$41K |
$20K |
View 5 More LevelsAdd CompCompare Levels
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Vesting Schedule
33.
3%
YR 1
33.3%
YR 2
33.3%
YR 3
Stock Type
RSU
At Intel, Main RSUs are subject to a 3-year vesting schedule:
-
33.3% vests in the 1st-year (33.30% annually)
-
33.3% vests in the 2nd-year (33.30% annually)
-
33.3% vests in the 3rd-year (33.30% annually)
25%
YR 1
25%
YR 2
25%
YR 3
25%
YR 4
Stock Type
RSU
At Intel, Main RSUs are subject to a 4-year vesting schedule:
-
25% vests in the 1st-year (25.00% annually)
-
25% vests in the 2nd-year (25.00% annually)
-
25% vests in the 3rd-year (25.00% annually)
-
25% vests in the 4th-year (25.00% annually)
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FAQ
What is the highest Software Engineer salary at Intel?
The highest paying salary package reported for a Software Engineer at Intel sits at a yearly total compensation of $330,000. This includes base salary as well as any potential stock compensation and bonuses.
How much do Intel Software Engineer employees get paid?
The median yearly total compensation reported at Intel for the Software Engineer role is $207,000.
Intel Software Engineer Salary- All Levels
Headquartered at Santa Clara, Silicon Valley, California, Intel Corporation is one of the most preferred IT companies to work for by software engineers globally.
Intel was ranked 45th in a Fortune 500 list featuring the largest corporations by total revenue in the United States for the fiscal period 2007-2016.
Intel is known for its work culture, which encourages employees to function at their best.
If you’re interested in pursuing a tech career at Intel, you might wonder about the typical wages at Intel.
You might also wonder how the company remunerates its software engineers vis-a-vis other tech companies.
As a preferred company to work with, you may also wonder about how to get through the tech interview to land a good offer at Intel.
In this article, we delve into the following key aspects of software engineering salaries at Intel:
- Intel Software Engineer/Software Developer Salary
- Intel Software Engineer Salary — Stock Options
- Intel Software Engineer Salary — Benefits
- Intel Software Engineer Salaries by Location
- How to Become a Software Engineer at Intel
- How to Prepare for a Software Engineer Interview at Intel
Intel Software Engineer/Software Developer Salary
According to Indeed, the average annual pay for a software engineer at Intel in the United States is approximately $107,654 (which meets the national average).
Intel Senior Software Engineer Salary vs.
Junior Software Engineer Salary
Salaries at Intel vary according to seniority and experience.
Salary, here, refers to a combination of components viz. base salary, stock options, and bonus. The value of each component varies according to the level.
Outlined below are the salaries software engineers earn at Intel as entry-level/junior software engineers and senior software engineers.
- Intel Senior Software Engineer Salary: A senior software engineer at Intel earns an average yearly compensation of $357,000 (approximately).
- Intel Junior Software Engineer Salary: A fresh graduate or junior software engineer at Intel earns an average yearly compensation of $125,000 (approximately).
Intel Software Engineers — Salary Levels
Intel levels range from Grade 3 to Grade 14, with Grade 3 signifying entry-level and Grade 14 signifying the highest level.
Outlined below are salaries for software engineers at Intel based on job grades or job levels.
(These salaries can vary based on location, experience, and roles).
Software Engineer Grade 5 (early-career)
- Experience Required – 2 years
- Total Compensation – $125,000
Software Engineer Grade 6
- Experience Required – 3 years
- Total Compensation – $136,000
Software Engineer Grade 7
- Experience Required – 8 years
- Total Compensation – $164,000
Software Engineer Grade 8
- Experience Required – 10 years
- Total Compensation – $203,000
Software Engineer Grade 9
- Experience Required – 9 – 13 years
- Total Compensation – $277,000
Software Engineer Grade 10
- Experience Required – 20 years
- Total Compensation – $357,000
Intel Software Engineer Salary — Stock Options
In addition to the two key salary components viz.
base salary and bonus, stock options also form a major component of compensations paid to Intel software engineers and software developers. Intel issues stock options at all levels to reward employees for their performance.
Listed below are the annual stock options granted to software engineers at various job grade levels.
- Grade 5 – $11,000
- Grade 6 – $12,000
- Grade 7 – $16,000
- Grade 8 – $26,000
- Grade 9 – $42,000
- Grade 10 – $62,000
Intel Software Engineer Salary — Benefits
Intel offers attractive employee benefits programs. The IT giant offers a range of benefits to its software/coding engineers and software developers.
Below is a compilation of benefits based on information provided by Intel employees on Glassdoor.
Insurance, Health, and Wellness
- Life Insurance
- Health Care / Insurance
- Disability Insurance
Financial and Retirement
- Stock Options / Equity
- Performance Bonus
- Retirement Plan
Family and Parenting
- Childcare
- Maternity and Paternity Leave
- Reduced or Flexible Hours
- Unpaid Extended Leave
- Work From Home
Vacation and Time-off
- Sick Leave
- Bereavement Leave
- Vacation and Paid Time-off
Perks and Benefits
- Employee Discount
- Employee Assistance Program
- Gym Membership
Professional Support
- Apprenticeship Program
- Job Training and Tuition
- Diversity Program
Intel Software Engineer Salaries by Location
The average salary of a Software Engineer at Intel differs based on location.
Given below are the average base salaries of five different Intel office locations in the US.
- California – $152,407
- Chandler – $114,648
- Arizona – $107,895
- Florida – $106,112
- Colorado – $90,590
How to Become a Software Engineer at Intel
According to Intel, software engineers and developers who are successful within the organization generally possess the following educational qualifications:
A bachelor’s degree in one or more of the following fields:
- Computer Science
- Computer Engineering
- Electrical Engineering
- A master’s degree or Ph.D. for positions in certain technical areas
Intel also looks for engineers with sound experience in the following areas:
- Software development and the latest computer languages
- Sound knowledge of
- Agile programming
- New technologies
- Object-oriented design and analysis
- Software development life cycle practices and methodologies
- Software development process i.
e., initiation to launch - Software security
- WRT coding
e., initiation to launchSoftware engineers/coding engineers/software developers at Intel should possess the ability to:
- Develop sound code
- Develop and implement ideas
- Deal with the most difficult software problems
- Function effectively with top talent
- Understand applications for various devices, e.g., desktops, tablets, servers, in-car infotainment
- Project / present achievements via various channels viz. forums, whitepapers, blogs
How to Prepare for a Software Engineer Interview at Intel
Landing a job at Intel can be quite competitive, given that Intel Corp. is a leading global tech company.
Getting through technical interviews or coding interviews at Intel requires sound interview prep. This includes:
- A structured interview preparation plan
- Focused practice on core tech concepts and interviewing skills
Mock Interviews for Intel Software Engineer Interview Prep
Mock interviews are an effective way to prepare for technical interviews.
Understanding and simulating the Intel tech interview experience will enable you to deliver a strong, role-relevant interview performance.
Practicing interviewing skills with tech industry professionals can better your chances of cracking the Intel software engineer interview.
If you don’t have access to quality industry professionals to guide you through your interview preparation process, join our network of tech professionals.
Our team at Interview Kickstart includes instructors, counselors, and career coaches, who are hiring managers and tech leads from FAANG and other top tech companies.
With firsthand experience, knowledge, and a proven track record of helping over 9,000 software engineers crack the toughest tech interviews, Interview Kickstart can take your career to the next level.
Avail professional guidance on how to get through the Intel coding interview with winning interviewing strategies and tips.
Join our free session to learn all about how you can nail your next tech interview.
Recommended Reading:
Understanding Software Engineer Roles and Responsibilities
Best Practices to Become the Best Software Engineer
Coding Interview Cheat Sheet for Software Engineers
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3DNews Technologies and IT market. News financial news and analytics Intel will begin to recover recently… The most interesting in the reviews
02/23/2023 [18:39], Alexey Razin The news of Intel’s threefold dividend cut was to some extent intended to restore justice, because in early February the company decided to cut the base salaries of executives at all levels, sometimes by tens of percent. Intended for official use, the newsletter told Intel employees that the corporation will begin restoring compensation packages from October of this year.
Image Source: Intel According to CRN, Intel had to do this to give executives at various levels of Intel confidence in the future, predictably puzzled by the need to part with revenue. Recall that CEO Patrick Gelsinger is due to lose 25% of guaranteed compensation in cash from March, executive vice presidents were deprived of 15% of base income, lower-level executives – 10%, and everyone else said goodbye to 5% of base salary. Board members have also agreed to cut their base salary by 25%, as we learned today. Annual bonuses and compensation payments in the form of Intel shares were not affected by these reforms. The CEO, in his address to colleagues, explained that the company expects to start returning base salaries to the previous level in October this year. In the third quarter, quarterly bonuses will be returned, which have also been temporarily canceled since March. Payments of these premiums for the third quarter will take place in October this year.
It should be understood that even a 25% reduction in Patrick Gelsinger’s base salary will not have much effect on his personal income. Data for 2022 is not yet available, but preliminary calculations suggest that he earned about $26.3 million during this period. from March to October. In 2021, the then-new CEO of Intel received $178 million in total, but of this amount, only $8 million was paid in the form of cash, and the base salary was only $1.1 million. In his first working year as head of Intel, Patrick Gelsinger received large incentive payments, so the period is not very typical for estimating his average income. This year, Patrick Gelsinger’s salary structure will include a bonus for success in reducing the company’s costs, so with the need to cut them by $ 3 billion, part of this savings may go to the CEO himself, although it is obvious that this component will not be dominant. At the same time, Intel announced in its internal mailing that Frans Scheper, president and general manager in the EMEA region (Europe, Middle East and Africa), who lasted a little over a year, will leave his post on March 31. Intel’s regional executive is reportedly leaving work “for personal reasons.” His duties until the selection of a permanent successor will be performed by Dermot Hargaden, who leads sales in the Programmable Solutions Group, formed from the assets of Altera, a developer of programmable matrices, which Intel acquired in 2015. Source:
If you notice an error, select it with the mouse and press CTRL+ENTER. Related materials Permanent URL: 0013 Categories: Tags: ← В |
Intel’s Employer Retirement Participation Program will fully resume in January 2024. 
Intel CEO agrees to cut his salary by a quarter
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Timur Batyrov
Editorial Forbes
The head of Intel agreed to cut his own salary by 25% amid a sharp drop in revenue and profits. Intel’s top management will be cut by 15%, senior managers – by 10%, middle managers – by 5%. Last week, the company released one of the worst quarterly forecasts in its 50-year history.
Intel CEO Pat Gelsinger agreed to cut his own base salary by 25%. Bloomberg writes about this with reference to the statement of the American chipmaker.
The reduction will also affect other members of Intel’s senior management, whose salaries will be cut by 15%. For senior managers, the rate will be reduced by 10%, for middle managers – by 5%, the statement says.
Related material
Intel took this step against the backdrop of a sharp decline in profits and revenues, explains Bloomberg. Fierce competition and a decline in demand for personal computers reduced the company’s cash reserves. Last week, Intel released a forecast for the first quarter of 2023, according to which it will be one of the worst in the manufacturer’s 50-year history, the agency notes.
“As we continue to overcome macroeconomic headwinds and work to reduce costs across the company, we have made a number of changes to our employee compensation and incentive programs for 2023,” the chipmaker’s press office said.
They added that the pay cuts would affect management staff more and help free up funds to “accelerate our transformation and implement our long-term strategy.”
At the same time, Intel will continue to pay dividends to shareholders, although analysts predict that the company may reduce these payments as well to cope with the slowdown in growth.
Related material
Intel isn’t the only big company to cut executive salaries. In mid-January, Apple CEO Tim Cook took a 40% pay cut on his own initiative, to $49 million in 2023. Goldman Sachs CEO David Solomon made a similar decision earlier, cutting his 2022 remuneration by nearly 30% to $25 million. In January, Google announced plans to lay off more than 12,000 employees, Microsoft announced plans to lay off 10,000 employees, and Salesforce announced plans to lay off 7,000 employees. Amazon is preparing to lay off more than 18,000 people.