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IBM Software Engineer Salaries in Greater Chicago Area

Software Engineer compensation in Greater Chicago Area at IBM ranges from $110K per year for Band 6 to $218K per year for Band 9. The median compensation in Greater Chicago Area package totals $130K. View the base salary, stock, and bonus breakdowns for IBM's total compensation packages. Last updated: 7/27/2024

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock (/yr)
Bonus
Associate Engineer
Band 6(Entry Level)
$110K
$107K
$278
$2.1K
Staff Engineer
Band 7
$123K
$122K
$1K
$400
Advisory Engineer
Band 8
$152K
$144K
$1.9K
$6.3K
Senior Engineer
Band 9
$218K
$186K
$30K
$1.8K
View 3 More Levels

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Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
RSU

At IBM, Main RSUs are subject to a 4-year vesting schedule:

  • 25% vests in the 1st-year (6.25% quarterly)

  • 25% vests in the 2nd-year (6.25% quarterly)

  • 25% vests in the 3rd-year (6.25% quarterly)

  • 25% vests in the 4th-year (6.25% quarterly)

IBM uses two types of equity awards: RSU and Stock options. Options vest 25% over 4 years, RSUs vest 50% every 2 years over 4 years.

0%

YR 1

50%

YR 2

0%

YR 3

50%

YR 4

Stock Type
RSU

At IBM, Main RSUs are subject to a 4-year vesting schedule:

  • 0% vests in the 1st-year (0.00% annually)

  • 50% vests in the 2nd-year (50.00% annually)

  • 0% vests in the 3rd-year (0.00% annually)

  • 50% vests in the 4th-year (50.00% annually)

IBM uses two types of equity awards: RSU and Stock options. Options vest 25% over 4 years, RSUs vest 50% every 2 years over 4 years.

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
RSU

At IBM, 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 (2.08% monthly)

  • 25% vests in the 3rd-year (2.08% monthly)

  • 25% vests in the 4th-year (2.08% monthly)

IBM uses two types of equity awards: RSU and Stock options. Options vest 25% over 4 years, RSUs vest 50% every 2 years over 4 years.



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FAQ

The highest paying salary package reported for a Software Engineer at IBM in Greater Chicago Area sits at a yearly total compensation of $237,000. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at IBM for the Software Engineer role in Greater Chicago Area is $130,000.

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