u/Gullible_Mousse_4590 wrote (the comment Michael replied to):
No no I’m sorry. I misinterpreted your website where it said I could earn $148k with less than one year experience. Now I need 5. I must have misread https://preview.redd.it/yn5od15nor8f1.jpeg?width=1170&format=pjpg&auto=webp&s=4f0569b4490e4de95c523180d4c6cf7ba3095d97
u/michaelnovati replied · · edited ★ FEATURED
Yes that's also correct. For 2024 placements, early career = harder, Compensation increase = higher.
Our demographic has been shifting and in 2025, only 3 placements have under 1 year SWE experience.
I believe we're going to do an H1 update as H1 finishes up and we'll be able to comment on the latest.
Read the fine print for the official full details but as a partial note, these calculations we are using YOE prior to starting Formation, full time SWE work experience only, excluding internships, contracts, and adjacent experience.
So someone with 1 year as a SWE might have been a contractor for 2-3 years and if they weren't a W2 type situation and were "contracting" that doesn't count in these calculations.
It's like the opposite of embellishing resumes and really holding a firm tight bar on the definition of experience.
If you don't have 1-2+ years of this kind of SWE experience, we might still work with you but it's an extensive discussion about fit and not many people choose to - but those people aren't going through a shopping checkout flow and signing up from the blog directly.