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Monzo Backend Software Engineer Salaries

Backend Software Engineer compensation in United Kingdom at Monzo ranges from £97.1K per year for L3 to £165K per year for L4. The median compensation in United Kingdom package totals £113K. View the base salary, stock, and bonus breakdowns for Monzo's total compensation packages. Last updated: 11/14/2024

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock (/yr)
Bonus
L1
(Entry Level)
£ --
£ --
£ --
£ --
L2
£ --
£ --
£ --
£ --
L3
£97.1K
£84.2K
£12.7K
£189
L4
Senior Engineer
£165K
£118K
£47.2K
£0
View 2 More Levels
Add CompCompare Levels

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Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
Options

At Monzo, Options 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)

10 years post-termination exercise window.



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FAQ

The highest paying salary package reported for a Backend Software Engineer at Monzo in United Kingdom sits at a yearly total compensation of £165,709. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at Monzo for the Backend Software Engineer role in United Kingdom is £109,586.

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