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Ask HN: Are there any tech companies throwing $$ at candidates these days?

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Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#41

Post by synicalx »

faangiq wrote: post #40
synicalx wrote: post #22

My employer is currently spending a MASSIVE amount on recruitment globally, and we're still having a hard time hiring especially in California. We've got ads on every social media platform and job network, we've got booths at every career day and conference, we've hired extra recruiters on contracts AND subbed out to boat loads of 3rd party recruiters, and I'm pretty sure we've even started producing video ads for Yo…

“Generous but not FAANG level” for some crap startup no thanks.

Yeah definitely not a startup.

Most places don't pay FAANG money, hence why FAANG's are so popular and hard to get into.

EDIT: The more I think about this, the weirder this comment is. Did you not see the bit where I mentioned some staff have been around for 20 years? What kind of startup is more than 20 years old?

Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#42

Post by AlchemistCamp »

samstave wrote: post #39
AlchemistCamp wrote: post #36

Earlier quoted context omitted.

> You spend 50-70k Woah, woah, woah! That's more than most people in the world, the US or even California earn in a year, before taxes . (Median per capita income in California is $39k). Why is a remote worker going to be spending roughly double the average Californian?

Its long been a a realtively true thing: take any salary in California, and cut it in half - and thats the same level of salary-Quality-of-Life you would have in any other state... So making 100K in CA is the same as making $50K in Wyoming. However, we are seeing a HUGE squeeze on cost of living in California. --- As an example, my brother bought a house in June 2020 for $327,000. The house now Zillows for between 48…

That's a lengthy post with a lot of anecdotes and so many line breaks that it takes up a full page in my browser. It doesn't answer my question, though.

Why does this poster's hypothetical example of a remote worker spend double what the median Californian could? Even if they were in California, it doesn't seem unreasonable to spend what the median Californian does.

Why would someone motivated by financial concerns move to California to at all, if they can work remotely from anywhere?

Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#43

Post by artemisyna »

lumost wrote: post #5

Job market is hot, but the great race for comp seems to have died down. Big tech is still offering good money. Things will probably swing if/when the next great tech co IPOs successfully. Eyes on stripe, bricks etc.

Yeah, the places that go for "the great race for comp" is sort of what this question was trying to get at.

Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#44

Post by samstave »

AlchemistCamp wrote: post #42
samstave wrote: post #39

Earlier quoted context omitted.

Its long been a a realtively true thing: take any salary in California, and cut it in half - and thats the same level of salary-Quality-of-Life you would have in any other state... So making 100K in CA is the same as making $50K in Wyoming. However, we are seeing a HUGE squeeze on cost of living in California. --- As an example, my brother bought a house in June 2020 for $327,000. The house now Zillows for between 48…

That's a lengthy post with a lot of anecdotes and so many line breaks that it takes up a full page in my browser. It doesn't answer my question, though. Why does this poster's hypothetical example of a remote worker spend double what the median Californian could? Even if they were in California, it doesn't seem unreasonable to spend what the median Californian does. Why would someone motivated by financial concerns m…

Your experience with the UI/UX too my text has nothing to do with my message, nor how you consume your information.

I dont write online posts as if they are Hemmingway passages, and in 9pt font.

I write in such a way which hopefully allows for easy skimming in speed reading fashion (at least it does for my eyes... I can easily filter out fluff words.. but thats only because my ADHD dopamine-pump requires it...

---

However, point taken - just that I wont type out my thoughts different to the way I also think.

---

>>>Why does this poster's hypothetical example of a remote worker spend double what the median Californian could? Even if they were in California, it doesn't seem unreasonable to spend what the median Californian does.

>>>Why would someone motivated by financial concerns move to California to at all, if they can work remotely from anywhere THIS is exactly the reason why this argument / tpoic is so deep.

I don't know where you live, but if you have ever lived in California, with even a modicum of success, yu would immediately understand why California is a great place (so long as yu can make a living)

Snow, Sun, Beach, City, Moutains, Wine, entertainment, blah blah blah -- litereally every single thing your may want is within a 4 hour drive.

--

The sacrifice is that many would take your place. You are not PAYING to live here... you are paying to *LIVE* here.

Yet, at the same time, the ratchet of life clamps down.

While you have all these amenities, your upkeep of all aspects of your personal life go up. So you pay more for every single service and luxury -- plus you have whata-boutism culture all over the place...

The one absolute GREAT thing I can say about Silicon Valley (from a CULTURAL perspective*) is that Hollywood celebrity-ism-worship has not really been a thing TOO THE DEGREE of LA/SoCal...

There is a long quasi-competition between Science (norcal) and the Arts (socal) -- even though its "fake" -- it still has truth.

Norcal: Glamour through creation.

Socal: Glamour through looks (empowered by creation)

--

They are essentially the same, just different muscle groups.

Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#45

Post by b20000 »

darioush wrote: post #12
xdfgh1112 wrote: post #11

Earlier quoted context omitted.

So what happens when you work remote for like 250k? Do you just retire after five years? Trying to get my head around US salaries.

You pay 35% taxes so that's like 150, then you max out retirement and you're left with like 130. You spend 50-70k and then save 60k a year which is like 1 year of your pre-retirement expenses (not including any children, just like a couple or single person) So yeah definitely not retiring in 5 years unless you are already 55. This also means you didn't do anything flashy or crazy with your money or lose it in markets…

you can’t live on 50k per year in the bay area or LA unless you have roommates and eat at work both of which are not sustainable. any decent apartment is going to be already 4k per month and you can easily spend another few K on food and other stuff, not even overdoing anything, so close to 10k per month is more realistic.

Re: Ask HN: Are there any tech companies throwing $$ at candidates these days?

#46

Post by b20000 »

AlchemistCamp wrote: post #36
darioush wrote: post #12

Earlier quoted context omitted.

You pay 35% taxes so that's like 150, then you max out retirement and you're left with like 130. You spend 50-70k and then save 60k a year which is like 1 year of your pre-retirement expenses (not including any children, just like a couple or single person) So yeah definitely not retiring in 5 years unless you are already 55. This also means you didn't do anything flashy or crazy with your money or lose it in markets…

> You spend 50-70k Woah, woah, woah! That's more than most people in the world, the US or even California earn in a year, before taxes . (Median per capita income in California is $39k). Why is a remote worker going to be spending roughly double the average Californian?

what are you talking about? that statistic has no relevance… never heard of cleaning people working 4 jobs just to get by in CA?
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