      ICONIQ Capital · 2024-03-27
      · 799d
    

ICONIQ Engineering Series 2024: State of Modern Engineering Organizations

ICONIQ Growth's comprehensive Engineering Series 2024 examines modern engineering organizations across developer productivity, team structure, compensation, and AI integration. Based on surveys of 200 engineering executives and 100 engineers at Enterprise SaaS companies, the series provides benchmarks and best practices for scaling engineering operations. The research identifies key priorities including developer experience, DevOps maturity, and AI adoption as critical factors for engineering leadership in 2024.

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Metrics in this report

Engineering Headcount as % of R&D

80-90%

typical range

across all company stages

Personnel Costs as % of Total R&D Spend

70-80%

typical range

all company stages

Product Headcount as % of R&D

10-20%

typical range

regardless of company scale

R&D Spend as % of Revenue

20-30%

typical range at critical scale

companies past $25M revenue

Software Engineers as % of R&D Headcount

40%

median

Enterprise SaaS companies

Total Cash Compensation Premium - Late vs Early Stage

29%

median differential

late-stage companies vs early-stage for all R&D roles