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Ask HN: Those making over $300k/year, how did you achieve it?

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41–50 of 303 posts

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#41

> Associate; a generic corporate title in banking To be highly paid, get a job at a company run by (former) software engineers who see software as the profit engine of their company. Not a bank that sees software as an IT cost center. In general, you make the most money at a company where the founder or senior management have the same background as you and are biased to think your job role is the most important one i…

> Oracle lawyer

zing!

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#42
post #28
post #9

What is a FAANG? Edit: so many responses at once!

Facebook, Apple, Aamzon, Netflix, Google https://www.investopedia.com/terms/f/faang-stocks.asp

Why is Netflix in there? Seems like an unusual addition to the other four?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#43
post #2

300 tc is pretty standard for FAANG and the big unicorns. I pull down 330k w 5 years experience at a Uber. 180 cash, 150k equity. I’m incredibly average, 5 years exp.

It’s definitely not standard. Esp at say amazon.

Amazon is a huge exception. You do well at Amazon when the stock price explodes upward and the equity value grows more than your total salary, because Amazon cuts salary and equity refreshes to cancel out stock growth as much as possible. Amazon stock price had been exploding updward on average for the past decade though.

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#45
post #2

300 tc is pretty standard for FAANG and the big unicorns. I pull down 330k w 5 years experience at a Uber. 180 cash, 150k equity. I’m incredibly average, 5 years exp.

What was your salary trajectory? Where did you start and at what point did you start reaching the 200k+ to 300k+ range?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#46

> Associate; a generic corporate title in banking To be highly paid, get a job at a company run by (former) software engineers who see software as the profit engine of their company. Not a bank that sees software as an IT cost center. In general, you make the most money at a company where the founder or senior management have the same background as you and are biased to think your job role is the most important one i…

Oracle LOL :)

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#47

> Associate; a generic corporate title in banking To be highly paid, get a job at a company run by (former) software engineers who see software as the profit engine of their company. Not a bank that sees software as an IT cost center. In general, you make the most money at a company where the founder or senior management have the same background as you and are biased to think your job role is the most important one i…

> Oracle lawyer

Ouch

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#48

Question from someone not living in the US: How come you guys have such high salaries compared to ROW? Is the cost of life that much higher than other countries, or is your income simply taxed less / companies have generally more money to spend on employees? I am currently working in one of the highest paying (if not the highest) consultancy firms in my country, and my salary is probably lower than your minimum wage.…

Cost of living in the US gets ridiculous. Healthcare is expensive and gets more expensive the more you make. As much as I make I'm probably one bad accident away from being wiped out financially

When you add a family, child care is super expensive; think $350/week for two kids

Not to say we aren't hyper-consuming gluttons, but I think that's only about one third of the picture

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#49
post #33

Here's the real question. If you are pulling that much, why are you still working? Why not head straight to the beach and live a wonderful life of idle luxury?

would still take 10 years to get enough money to maintain a beach lifestyle. Then, you have the boredom.

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#50
post #2

300 tc is pretty standard for FAANG and the big unicorns. I pull down 330k w 5 years experience at a Uber. 180 cash, 150k equity. I’m incredibly average, 5 years exp.

It’s definitely not standard. Esp at say amazon.

Right now it's happening a lot actually, because of stock growth. There are a mountain of people making over $300k whose total comp should be lower.
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