211–220 of 547 posts
I know this is a tangent, but, and I'm putting words in your mouth, is it so important to earn a FAANG salary? And yes, I know, it helps with negotiating salaries but that's circular. Maybe that's just the state of the job market, no desirable jobs left, only thing we can hope for is a high salary?
Sure, if you work at many hedge fund you'll make similar money, and likely more if you are good at the job and the fund has success. One other nice thing is that instead of restricted stock you get actual money. And generally the money will be locked up for less time than the 4 year vesting that these companies often follow. And on top of that you can usually invest your money fee free in your own fund to help juice…
"Rest and vest". What a luxury. Some of us are trying to tread water with an anvil chained to the waist. That's what I get for choosing to work for something I'm passionate about. What a world
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Maybe it's a country thing but here in Poland no one would care. Various forms of gambling are legal under supervision of authorities so legal companies exist around that. Unlike porn it wouldn't really be an embarrassing topic on an interview. Lots of interesting technical stuff to deal with in such a job.
I would be equally embarrassed if either of those were on my resume. I'd have similar levels of embarrassment with alcohol, firearms, cannabis or politics. You don't want your resume to suggest you are controversial in anyway. Maybe 80% of the people you run across will be cool with it, but it only takes one person in a company to veto your resume and there are usually 3+ people that look at a resume with veto power.…
When I worked in the office before 2019 we had all kinds of people there. It was kind of beautiful in a way. Straight up communists discussing stuff with conservatives without any heat. Isolation breeds extremism.
It's true that it would close doors but man until the market takes that choice away from me I don't want to open those, and I say that as a guy who never worked with any of this even indirectly. And to be fair - not having experience with those things also closes doors, just different ones.
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Yeah the employers side of hiring someone in UK/Ireland is far more expensive than in the US, plus we have incredibly strong workers rights and mandatory 23 day paid leave + 11 other bank holidays/national holidays a year. Not to mention redundancy pay. Downsizing ain't a knee-jerk thing here, it's a costly process. In France its basically like they don't want a tech sector. Employee's rights are skewed so far to the…
> Downsizing ain't a knee-jerk thing here, it's a costly process. Not if you're less than 2 years in the company (in the UK). Which probably applies to a large proportion of software engineers.
If $250k base salary is "not enough", you should really step back and look at what you really want in life. Even in HCOL area, consider relocation and/or remote. And to clarify, I'm not saying it's greedy or wrong, just that you'll be happier in life with clear goals beyond a salary number. I found that what I wanted was attainable with lower salary and not working for FAANG or living in Bay area
I think most would agree $250k is a comfortable lifestyle, but if your neighbor is making $1M/year in the same profession just because he works at a different company, a bit of bitterness and or desire for more is hard to combat. Your neighbor can retire at 45 with $10M+, why should you be content with the low end of upper middle class and working until 60 for a more average retirement?
A common retort is "stop working for FAANGs, then maybe you won't be in such a rush to get out". I completely disagree. I don't care who I'm working for, even if it's myself, it's the fact that my time is controlled by some outside force that I'm trying to escape.
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[Edited to remove snark/barbs as per HN guidelines]. I am genuinely curious though - you seem like you've had a successful career and life. I typically assume people in your position are rather familiar with the basic math behind personal taxes, 401k's, HSA's, child tax credits, standard deductions vs. large charitable deductions, etc. I think I may have been grossly mischaracterizing a potentially large group of peo…
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The risk is that if you ever want to leave the gambling industry you'll be the candidate who made their living swindling vulnerable people.
Capitalist societies where the alternative to employment is destitution can force people into working at huge online gambling companies due to the need for employment and their responsibility (kids, aging parents, etc) While I agree in an ideal world, individuals should all stand up against unethical employment options, I am also mature enough to know not to penalise someone who might be otherwise meritorious based o…
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This reads like a company from the fantasy world!
I work at a similar company. You won't find it if you chase the money/prestige.
It would be nice if the pay is around 120k.
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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Definitely there are. I got an email from Stubhub the other day advertising $500-700k for a staff iOS position. I'm pretty comfortable in my current setup, but it's nice knowing the option is there.
Interviewed and was given a "huge" offer from them. 50-70% of the comp is non-liquid equity at the valuation of their choosing (ok, technically a 'third party' decides this, but I call partial shenanigans and it fluctuates wildly anyway such that a ton of their employees hired a few years ago at a ridiculous valuation are getting shafted - check blind)