Oracle is one of the leading companies in the software industry. They are synonymous with database software and technology, cloud-engineered systems, and enterprise software products. Oracle is particularly known for its database management systems under its brand.
Software engineers and developers with their problem-solving ability help Oracle innovate such software and change the future of technology. In terms of revenue and market capitalization, Oracle was the second-largest software company in 2020. Now based in Austin, Texas, Oracle was previously headquartered in Redwood Shores, California, until December 2020.
If you are looking for an opportunity or prepping for an interview as a software engineer or developer at Oracle, check out our tech interview checklist, interview questions page, and salary negotiation ebook to get interview-ready. Also, read Oracle Phone Interview Questions and Oracle Technical Interview Questions for specific insights into Oracle’s tech interview process.
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In this article, we’ll talk about software engineer salaries at Oracle. Oracle salaries vary greatly by region and by city, product, specialization, and, of course, employee level. We’ll cover these and more:
- The Average Salary of Software Engineer at Oracle
- Oracle Software Engineer Salary by Levels
- Oracle Software Engineer Base Salary Ranges by Location
- Oracle Software Engineer Stock Options
- Benefits of Working at Oracle
- Qualifications Required to Become a Software Engineer at Oracle
- How to the Crack Coding Interview at Oracle
The Average Salary of Software Engineer at Oracle
According to Glassdoor, the average Oracle software engineer salary is $1,25,246. Software engineer salaries at Oracle can range between $46,275 to $2,23,087. This estimate is based on 250 Oracle software engineer salary reports provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a software engineer at Oracle can expect to make an average total pay of $1,26,079.
Oracle Software Engineer Salary by Levels
Please see below the different salary levels for software engineers and developers at Oracle:
Software Engineer IC-1
IC-1 is an associate position for freshers.
Years of Experience: Zero years
Total Compensation: $177K
Software Engineer IC-2
Graduates with a Bachelor's in Computer Science are given this title.
Years of Experience: Two years
Total Compensation: $186K
Software Engineer IC-3
Years of Experience: Four years
Total Compensation: $217K
Software Engineer IC-4
Years of Experience: Six years
Total Compensation: $269K
Software Engineer IC-5
An IC-5 level software engineer would be a consulting member of technical staff, which is as good as the Director.
Years of Experience: 20 years
Total Compensation: $299K
Software Engineer IC-6
A software engineer IC-6 level would be equivalent to a principal engineer.
Years of Experience: 29 years
Total Compensation: $463K
Oracle Software Engineer Base Salary Ranges by Location
A software engineer’s salary at Oracle varies from location to location. Here is a list of software engineer salaries offered by Oracle at different locations (average per year).
- San Francisco, CA - $126,140
- San Jose, CA - $127,230
- Seattle, WA - $133,082
- New York City, NY - $119,902
Oracle Software Engineer Stock Options
A stock option is the right to purchase a certain number of shares of a company's stock at a predetermined price known as the "exercise" or "strike price."
Stock options are a type of benefit that companies provide to employees to reward them. Some fast-growing companies use them as an incentive for employees to work toward increasing the value of the company's shares.
Oracle also issues stock options to its employees at different levels. Let’s see how it rewards the employees at different levels:
At Oracle, RSUs are subject to a four-year vesting schedule: 25% vests at the end of each year.
Benefits of Working at Oracle
Oracle is one of the most coveted companies in the IT sector. It is also one of the most sought-after employers in this space, given the numerous employee benefit programs it offers. We are listing below some of the benefits at Oracle:
- Health insurance
- Dental insurance
- Flexible spending account (FSA)
- Vision insurance
- Health savings account (HSA)
- Life insurance
- Supplemental life insurance
- Disability insurance
- Occupational accident insurance
- Health care on-site
- Mental health care
- Retiree health and medical
- Accidental death and dismemberment insurance
Qualifications Required to Become a Software Engineer at Oracle
Although it is possible to find a position without a bachelor's degree in computer science, most Oracle developers do. An Oracle developer must be familiar with coding languages used to process data, such as Java, JavaScript, PL/SQL, SQL, Java/J2EE, in addition to general knowledge of computer programming.
How to the Crack Coding Interview at Oracle
Rigorous preparation in the right direction will help you land a job at Oracle. You can read the following articles to help you prep for your coding interview:
- Coding Interview Cheat Sheet for Software Engineers and Engineering Managers
- Cracking the Coding Interview: 9 Extremely Important Things You Should Know
- Most Popular Coding Languages for FAANG Interviews in 2021
- How Long Does It Take to Prepare for Coding Interviews?
- Top 10 Algorithms to Crack Coding Interviews
- Best Online Coding Bootcamps to Prepare for Tech Interviews
Join Interview Kickstart if you’re looking to prep for an interview. Our programs include a comprehensive curriculum, unmatched teaching methods, and career coaching to help you nail your next tech interview.
That’s not all! At IK, you get the unique opportunity to learn from expert instructors who are hiring managers and tech leads at Google, Facebook, Apple, and other top Silicon Valley tech companies.
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