Anecdote: I'm a Sr. Staff Engineer at a large employer in a LCOL city. Typical middle class houses cost $300k - $500k here, with luxury houses costing roughly $1m and small starter homes costing $200k (just using real estate as a rough proxy for cost of living). My base salary is $150k/yr. My cash bonus maxes out somewhere around $80k/yr, and typically falls in the $50k - 70k range. I also receive equity worth roughl…
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Ask HN: Is it possible to make FAANG salaries without working there?
191–200 of 547 posts
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#192Anecdote: I'm a Sr. Staff Engineer at a large employer in a LCOL city. Typical middle class houses cost $300k - $500k here, with luxury houses costing roughly $1m and small starter homes costing $200k (just using real estate as a rough proxy for cost of living). My base salary is $150k/yr. My cash bonus maxes out somewhere around $80k/yr, and typically falls in the $50k - 70k range. I also receive equity worth roughl…
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Re: Ask HN: Is it possible to make FAANG salaries without working there?
#193Anecdote: I'm a Sr. Staff Engineer at a large employer in a LCOL city. Typical middle class houses cost $300k - $500k here, with luxury houses costing roughly $1m and small starter homes costing $200k (just using real estate as a rough proxy for cost of living). My base salary is $150k/yr. My cash bonus maxes out somewhere around $80k/yr, and typically falls in the $50k - 70k range. I also receive equity worth roughl…
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Re: Ask HN: Is it possible to make FAANG salaries without working there?
#194dont compare yourself with others. focus on your art. be a craftsman at whatever you do. eventually opportunities will beckon or not, and either is fine.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#195Re: Ask HN: Is it possible to make FAANG salaries without working there?
#196Anecdote: I'm a Sr. Staff Engineer at a large employer in a LCOL city. Typical middle class houses cost $300k - $500k here, with luxury houses costing roughly $1m and small starter homes costing $200k (just using real estate as a rough proxy for cost of living). My base salary is $150k/yr. My cash bonus maxes out somewhere around $80k/yr, and typically falls in the $50k - 70k range. I also receive equity worth roughl…
[flagged]
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#197Anecdote: I'm a Sr. Staff Engineer at a large employer in a LCOL city. Typical middle class houses cost $300k - $500k here, with luxury houses costing roughly $1m and small starter homes costing $200k (just using real estate as a rough proxy for cost of living). My base salary is $150k/yr. My cash bonus maxes out somewhere around $80k/yr, and typically falls in the $50k - 70k range. I also receive equity worth roughl…
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Suppose your salary is X and the level that 32% starts is M
You get taxed on your first $X earnings at the lower rates. Then only the amount above the 32% mark ie X-M is taken at 32%. Thus everyone in the 32% band gets more money than those only in in the 24%.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#198Tangential to this topic, but are there publicly traded companies that pay only in stocks? I'm curious to know if someone who gets paid only in stocks will come out ahead in terms of taxes they owe than someone getting a comparable base pay.
I can’t speak to non-public company stock though.
Re: Ask HN: Is it possible to make FAANG salaries without working there?
#199Re: Ask HN: Is it possible to make FAANG salaries without working there?
#200Earlier quoted context omitted.
I am part of the group that misses unlimited PTO. I was averaging 8-9 weeks of time off under the unlimited model while I am capped at 5 weeks at a company with actual PTO. The only difference is that I get paid out any remaining PTO, should I leave, whereas with unlimited, there was no expectation that it will be paid out on departure.
I also came from a place with unlimited and I loved it. Makes me wonder if the people that regurgitate the notion that it's a trap actually have worked in places with unlimited.
My current company recently made a rule that you have to apply for time off through the HR software. Not make it harder to take PTO—all requests are auto-approved-just so HR can track it. At the next all-hands the CEO said something like "You guys work really hard... we're, uh, worried." My manager has been bugging me to take a proper vacation instead of my usual day off here and there.
There are certainly awful, exploitative workplaces out there. But there are also great companies run by good people.