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PayPal Software Engineer Salaries in Greater Chicago Area

Software Engineer compensation in Greater Chicago Area at PayPal ranges from $121K per year for CL4 to $284K per year for CL7. The median yearly compensation in Greater Chicago Area package totals $187K. View the base salary, stock, and bonus breakdowns for PayPal's total compensation packages. Last updated: 6/24/2025

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock
Bonus
CL4
Associate Software Engineer(Entry Level)
$121K
$99.7K
$12.8K
$8.8K
CL5
Software Engineer
$166K
$129K
$27K
$9.6K
CL6
Senior Software Engineer
$211K
$153K
$44.9K
$13.4K
CL7
Staff Software Engineer
$284K
$179K
$84K
$20.6K
View 3 More Levels

$160K

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Internship Salaries

Vesting Schedule

33.3%

YR 1

33.3%

YR 2

33.3%

YR 3

Stock Type
RSU

At PayPal, RSUs are subject to a 3-year vesting schedule:

  • 33.3% vests in the 1st-year (33.30% annually)

  • 33.3% vests in the 2nd-year (33.30% annually)

  • 33.3% vests in the 3rd-year (33.30% annually)

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
RSU

At PayPal, 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)



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FAQ

The highest paying salary package reported for a Software Engineer at PayPal in Greater Chicago Area sits at a yearly total compensation of $283,560. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at PayPal for the Software Engineer role in Greater Chicago Area is $185,667.

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