How much does a software engineer manager make?

Question:

How much does a software engineer manager make?

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Answer:

According to PayScale, the median rate of pay for a Software Engineering Manager is $139,615 a year, with an average of $12,755 in bonuses and $7,739 in profit sharing, as of October 2020. However, managers in this field that do not have much experience, or those working in lower paying parts of the country, can earn an annual income of $102,000 or less, whereas managers that are very experienced or working in higher paying parts of country, can earn as much as $177,000 a year. It is also worth keeping in mind that these salaries are gross amounts, and what a software engineering manager actually takes home will depend on what taxation their income is subjected to. The location will also make a big difference, as their salary is not universal across the whole country. For example, a software engineering manager in San Francisco will earn 21% more than the national median rate, whereas those in Chicago will earn 4% below it, and the rate drops to 9% less in Atlanta.

For more information about working as an engineering manager, check out this article: Project Engineering Manager: Job Description & Salary

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