I got an offer for IC4 in ops. Any details I’ve found about this level is IC4 in engineering. Can anyone explain more about this level? Is it considered senior-level in Oracle? Mid-level manager? Entry with experience?
Typical salary range would be appreciated too. I have 8 yrs of experience.
Yeah, the pay disparity is unbelievable.
I know two people that work in the same location. Both are IC4s.
One makes around $100k total compensation with no RSUs and bonus - has been at the company for more than 20 years.
The other makes $380k total compensation with almost $200k base - joined the company two years ago.
Now, an IC-1 was hired two years ago as well at the same location, with a base salary of $120k and a total compensation of $175k.
There is a huge pay disparity -- not sure if this is typical at other companies. But I am sure the gap is not this wide at other companies.
Many people have been at Oracle since the mid to late 90s, and are either earning the exact same salary today they were hired at or making just a little bit more. $100k seems to be the upper limit for the IC-4 and IC-5 older employees. Now I hear IC4 new-hires get a total compensation package of $250k with $170k base typically. While the older employees retain their base salary of $100k with minimal RSUs and bonus if any.
Pay at Oracle is not as good as competitors. They also nerves give salary increases.
I was hired as IC5 1.5 year ago, I am paid way less than mentioned here (still more than in my previous positions in other companies in my region of North America), had my raise after a year, I am satisfied in terms of money. I haven't noticed any special treatment, IC5 doesn't feel to be some big deal.
I agree . My intention was not to say O has compensated it’s deserving employees. But if one hasn’t received any raises and RSUs in the last 3 years , it’s highly unlikely they will receive any in the coming years
Couple of years of raises and RSU donot make up for 20+ years of abuse. Last 2 years were just in response to MAANG taking away all the employees. Now since the market is changing let us see what happens this year.
Unlike before ( a decade ago ) , o pays good increments - both base + rsu - for last few years . Like the previous poster said , only the bottom few doesn’t receive any . If you aren’t receiving raises and RSUs , you are either in the list of non performers or not in the good books of your management. Choose your manager wisely.
Anyone with no raises for years needs to know that 75% of every team gets raises every year. Only the bottom do not.
If you didn’t, now you know where you really stand.
The Oracle Doormat Principle holds true again and again.
As much as I'd like to debate that talking point with you, I can't think of a single argument that can hold water. Not one.
People have to get out of that mentality or thye are going to take it where it hurts most.
I stayed hoping it would get better but it never does.
Hope doesn't put money into your bank account, my friend. Please, do yourself and your family a big favor and find something else. Don't get carried out, walk out with a smile on your face.
Why are you still there??? No raises for 12 years? That's insane, It's not going to get better.
The Oracle Doormat Principle holds true again and again.
No raises here since 2010 also. They have no compensation policy. Surprised they haven’t done any massive layoffs yet. I stayed hoping it would get better but it never does.
I'm in IC4 at Oracle and was carried over from Sun and have not had a single raise at Oracle since their combination in 2010.
Why are you still there??? No raises for 12 years? That's insane, It's not going to get better.
DO what you will with this but after over 6 years there making them money but never got a raise. Bonus used to be good. Then they weren't even when Oracle SC was announcing how great cloud was and increasing revenues to the market. Finally, they took part of your bonus opportunity and just made it part of base. They then reduced the bonus oppt and started giving miniscule bonuses. I had enough and realized after near 7 years my career nor compensation was going nowhere. I decided to leave because I lost all motivation and I would NEVER recommend anyone go there nor would 99% of the people I know who left. Just being honest. I would avoid them like the plague. Most leave after 2 yrs that have options.
support is the worst paid job in O . I was there once too , drawing a little over 90k . Glad i made decision to move out of support 5 years ago . I make close to 250k now .
I'm in IC4 at Oracle and was carried over from Sun and have not had a single raise at Oracle since their combination in 2010. My IC4 pay is ~$98K or $47 per hour before taxes
Fortunately for you the job satisfaction you get from working at Oracle greatly outweighs any misgivings you may have that are related to silly things like salary.
I'm in IC4 at Oracle and was carried over from Sun and have not had a single raise at Oracle since their combination in 2010. My IC4 pay is ~$98K or $47 per hour before taxes (we are hourly employees ever since some technical writers sued Sun Support back in the day and forced the entirety of Support to hourly from salaried). My sub-$100K pay has been that ever since. No raises, no promotions, no bonuses, not even cost of living. I don't know where you are seeing but $150K-$200K with incentives is COMPLETELY FALSE in Support. Maybe that's the salary for Development (Engineering) but NOT in Support. Source, 26 years on the job.
You’ve said all you need to know. You are being “f@&£ed over”. That’s it, you got it. You need to move on to something else. Don’t work at Oracle.
That’s exactly what I’ve seen. The longer you’re here the more excuses they find to restrict your salary growth.
Some people say 70k others 200k. Truth is they give you what they want and don’t expect raises or Overtime. You will watch people getting hired after you making more and doing the same job. You with feel disrespected and undervalued. If you have better options, think it over. I got me a better option. Got sick of Oracle.
$150-200k for IC4, is that right?? I knew I was being f@&£ed over but not by that much!
Does anyone know for sure what the lower and upper ranges of these bands are? The 70-100k range sounds more accurate to me for IC4, based on my limited knowledge.
You don’t want to work at Oracle. Been there done that. Just say NO!
don't join.
Mid-Senior level individual contributor role, equivalent to a principal engineer, comp could vary depending upon location but in the $150-200K range with incentives. Also, you should take comments on this site with a grain of salt, layoffs are rampant in the entire tech sector and thus no one is safe - all you can do is to do your job to the best of your ability, don't get emotionally attached to any firm, always keep your options open and keep yourself relevant by constantly learning new tech. Best of Luck!
You cannot be classified as hourly or non-exempt and NOT be paid for all the hours you work.
That said when I was hourly timesheet at O, we were not SUPPOSED to work OT bc Safra doesn’t want to pay. Lots of my co workers would work off the clock. Don’t do that. It’s wage theft.
Really cannot imagine anyone as foolish as this OP actually considering working at Oracle. What a mistake.
There is no future at Oracle. If you believe otherwise, then you are a fool..
an IC-4 level is certainly a respected position to be in, but you can get RIF'd as an IC-4 just as easily as an IC-3, maybe easier because they pay you more. Trust me, I know.
I hope you have other options. Oracle is not the place to be. This is not your father’s database leader.
In the US, IC-4 is an hourly paid position which is OT eligible. Not all organizations are willing to pay OT. So you will likely have a really good work / life balance.
Most IC's (individual contributors) are IC3 and below. An IC4 takes a while to achieve and is someone who is experienced and is seen at a crossroads in terms of where their career might move. If you are new to Oracle, you are fortunate to be offered an IC4 position. Many IC4s go into management, and they change to an M1-M3 depending on the responsibility. They then become part of the management track. As an IC, if you are excellent at what you do, and you want to stay away from managing people, you can become an IC5, and have up to two people reporting to you. You can also be called an Architect, and if you are someone that is very unique and experienced you can possibly become an IC6 if your role has an IC6 level. Most don't. IC6 is VERY rare and is usually reserved for special assignments or a history of exemplary contributions to Oracle or key strategic people within Oracle. IC5 and IC6 are big deals at Oracle. Oracle is unique in that many IC5-6 command way more respect than even VPs. As for salary, it varies tremendously. No telling what it should be.
"It is senior level with 200k salary."
To clarify, IC is a non manager (I)ndividual (C)ontributor role. IC1/2 tend to be entry level or experienced but horrible at negotiating, IC3 is senior, and IC4/5 are "principal" (more than senior) roles.
Compensation varies wildly. IC4 new hire would make a lot, IC4 d-mb enough to still be here after years of no raises (very typical at O) would be making less than a new hire IC2.
My advice, look elsewhere.
It is a principle level, used to be posted as 70-100K. Not sure if it is higher now.
It is senior level with 200k salary.