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Ask HN: How can I make an extra 30-50k a year?

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Re: Ask HN: How can I make an extra 30-50k a year?

#72
post #20

You didn't state your current salary. If you are making $40k and want to make an extra $30-50k the answer will be very different than if you make $250k and want to make an extra $30k. My suggestion. Hire a maid. That will save you 8 hours a week. She (yes I'm sexist it will be a she) will make $15 an hour and work 4 hours saving you 8-12 hours. You can work at Radio Shack and earn $22 an hour. Working 12 hours a week…

"You can work at Radio Shack and earn $22 an hour"

You can't seriously expect persons to believe any of this is grounded in reality, can you? Retail wage earners do not make 22 dollars an hour, no matter how many terrible monster cables and extended warranties they shill.

Re: Ask HN: How can I make an extra 30-50k a year?

#74
post #65

Earlier quoted context omitted.

It's supplying an anchoring number, nothing to do with ethics.

They won't see it that way when they do a little research and find your actual salary.

Now that I'd like to hear a story of it happening!

Re: Ask HN: How can I make an extra 30-50k a year?

#75
post #49

Earlier quoted context omitted.

Not up against a wall. You'll be out the door as soon as your replacement is trained. You'll probably be the one doing the training, too. And then instead of your income going up, it'll go down to zero.

Have either of you witnessed this happening in real life? There's always a comment to this effect in every "raise" question I've ever come across, but never have I seen any proximate information.

Yes, first hand. Don't do it :)

Re: Ask HN: How can I make an extra 30-50k a year?

#76
post #16
post #10

Start by asking for a raise, a 15 minute conversation can usually net you a decent chunk of change. After you get your raise phone some recruiters, ask for more from the new company. If you get a raise and another offer you've probably got your 30k.

This is the easiest and most foolproof option. But reverse fleitz's chronology: first get another offer, then go talk to your boss. Edit—To imsofuture's point below: Yes, come to your employer with another offer that you would actually take, but with a real preference to stay (otherwise, just go). Ask for a raise, and if the discussion doesn't go anywhere, describe the decision you face between more money elsewhere a…

Check out the good book "Getting Past No" (the follow-up to "Getting to Yes") - this is called having your BATNA - Best Alternative to Negotiated Agreement and will help your position even if you don't have to bring it up, just having it in your mind could boost your confidence and help you ask for what you want

Re: Ask HN: How can I make an extra 30-50k a year?

#77
post #64

Earlier quoted context omitted.

It definitely does! Take it from someone who's been responsible for giving the layoff list to HR as well as being a small business owner. Business leaders look at developers as a commodity. Why do you think so many companies still hold Java in such high esteem?

I don't doubt that out-of-band raises can put someone over the cost-line such that they'd get the axe at layoff time, but I think that's different than the company gunning for them as soon as they give a raise in response to a cherry-pick offer to the employee, to be actively hiring for this person's replacement ASAP.

First hand, it happens. Not every CEO is a wonderful caring person, and some can get very vindictive when it appears that an underling is threatening the operation of their company by (in their view) holding the job hostage for more cash.

Re: Ask HN: How can I make an extra 30-50k a year?

#78
post #65

Earlier quoted context omitted.

It's supplying an anchoring number, nothing to do with ethics.

They won't see it that way when they do a little research and find your actual salary.

If my current company discussed my salary with anyone outside of my company or myself, there would be much larger problems. No reasonable company would be dumb enough to disclose personal information about one of their employees.

Re: Ask HN: How can I make an extra 30-50k a year?

#79
post #64

Earlier quoted context omitted.

I don't doubt that out-of-band raises can put someone over the cost-line such that they'd get the axe at layoff time, but I think that's different than the company gunning for them as soon as they give a raise in response to a cherry-pick offer to the employee, to be actively hiring for this person's replacement ASAP.

First hand, it happens. Not every CEO is a wonderful caring person, and some can get very vindictive when it appears that an underling is threatening the operation of their company by (in their view) holding the job hostage for more cash.

More charitably, by talking about offers from other companies, you are indicating to them that your continued employment is in question. Businessmen like predictability. So from that perspective, when they see you have one foot out the door, it makes sense to alleviate the uncertainty by getting the other foot out the door and bringing in somebody who seems more predictable.

Re: Ask HN: How can I make an extra 30-50k a year?

#80
post #64

Earlier quoted context omitted.

I don't doubt that out-of-band raises can put someone over the cost-line such that they'd get the axe at layoff time, but I think that's different than the company gunning for them as soon as they give a raise in response to a cherry-pick offer to the employee, to be actively hiring for this person's replacement ASAP.

First hand, it happens. Not every CEO is a wonderful caring person, and some can get very vindictive when it appears that an underling is threatening the operation of their company by (in their view) holding the job hostage for more cash.

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