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Why not just a simple spreadsheet of salaries?

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Re: Why not just a simple spreadsheet of salaries?

#351

Earlier quoted context omitted.

I need to look harder in RDU then, because I love North Carolina and would love the pay raise.

If you prefer working in financial services, you can also check all the banks in Charlotte. Also, MetLife & Fidelity are constantly hiring like mad in Cary/Morrisville.

Actually, I prefer embedded development. I could do financial services, but I'm not sure I want to.

Re: Why not just a simple spreadsheet of salaries?

#352

Earlier quoted context omitted.

I'm just wondering why a lot of these people with tons of experience are settling for sub-$70k jobs. Is there a reason for this?

I'm wondering the opposite what does one even do with more than $70K? I'm doing an apprenticeship starting when I was 17 year old and I only earn $11K (I don't pay income tax because it's so low) and yet I managed to save up 8k because I live with my parents right now and except maybe buying a car I don't even know what to spend it on. For context rent is here at about $400/month for a single bedroom apartment. Anoth…

Here's some general idea about how people spend their money, not that you couldn't figure this out on your own.

Houses: 100k-1mm

Cars: 15-80k (each)

Vacations/Travel: 2-10k/year

Expensive Clothing: $3-5k/year

Jewelry: $0-5k/year

Hobbies: $1-20k/year

Entertainment/Dining/Drinks: $1-20k/year

Retirement & Other Investments: $0 - 50k/year

Repeat some of that stuff for their children, add college expenses, maybe private school.

Those are just some examples that I largely based off of my sister. She is constantly expanding/improving her home (bathroom remodel and new pool in the past 18 months), she loves big expensive jewelry, she has designer purses and clothing, they have 4 cars which all have TVs and other fancy options in them, they have a class A RV, her husband builds cars & races at the track, they have young boys and everyone has a dirtbike, boys have modern toys/video games/etc.

You might think "wow, that's ridiculous," but really they're just spending to their level of income. It's pretty common.

You, on the other hand, seem to be more like me. Of my salary I'm required to spend 8.2% on my mortgage, so I don't default. I've started a homestead that I've been buying a lot of tools and equipment for. My utilities come out to another ~1.5% of my salary. Everything else is savings, and/or thrown on to the mortgage. I'm going to pay my mortgage off fully in ~18-24 months (total time). I have no other debts and after that I can save 100% of my salary. I'd like to maybe build a new home on this homestead someday, but I'm not going to go into debt to build it. In the meantime, the salary affords me the luxury of no financial concerns and the ability to help others when they need it.

If I had no debts or ambitions to own property, and I didn't mind living in a small single bedroom apartment like your example, I would spend the $700/month on my living expenses and save the rest. I'd probably dip into savings to visit another country each year. I'd retire early.

In the end, that's your real answer. Savings & retirement funds. You just haven't thought that far ahead because you're very young.

Re: Why not just a simple spreadsheet of salaries?

#353

Just to let you know, most HR circles usually completely disregard self reported salary info because it has a tendency, (even when anonymously reported) to inflate the actual amounts.

Is there a study that shows that to be true? Can you point to any industry resources? Thanks!

It's self reported data in general, not specific to this case:

http://www.sciencebrainwaves.com/the-dangers-of-self-report/

Re: Why not just a simple spreadsheet of salaries?

#354

Earlier quoted context omitted.

Have to agree. I grew up in Chicago and moved to New York about 4 years ago. My W2 income in NYC is about 3x higher than it was in Chicago, though I am better at my job now than I was then so it's not all a cost-of-living adjustment. Anyway, I've begun the house search in New York City. I'm looking for a 1 bedroom apartment, in some place like Brooklyn Heights, Carrol Gardens, Gowanus, etc. Not Midtown Manhattan or T…

Good luck on the search - NYC is its own animal when it comes to real estate. $700,000 isn't going find much except maybe a studio. I've seen 1 bedrooms in that range but they are generally undesirable units in an otherwise nice building. Plus you still have the maintenance fee's and taxes. I'm not an expert but my opinion is the NYC housing market isn't a deal right now or even a fair value. I'm not saying it's a bu…

I agree it's not a fair value right now. Brooklyn is certainly in a bubble, or if not a bubble, a period of aggressive overpricing. I don't think prices are going to fall, causing one to lose money if they buy right now... but I also don't think that you're going to resell your $1M one-bedroom in Gowanus for $2M in 5 years. Objectively, that's a lot of money.

You're definitely competing with households that have two incomes, hence 3 million dollars being spent on one bedroom apartments. If you have a household income of $1M a year pre-tax, certainly a possibility for two programmers mid-career, then you have a lot of options.

Personally, I don't care about living in New York except that my job is here, so it may be nearing the time to move back to Chicago.

Re: Why not just a simple spreadsheet of salaries?

#355

Earlier quoted context omitted.

The worst posts certainly get downvoted and flagged. The problem is the posts that sound reasonable but aren't. It gets tiring and somewhat depressing trying to educate people about the same things over and over again.

Perhaps people are coming here to discuss things, not to be "educated."

I certainly hope not. To me the entire value of Hacker News is being educated about things I don't understand, by people who know exactly what they're talking about.

Re: Why not just a simple spreadsheet of salaries?

#356
post #326

Earlier quoted context omitted.

That could be because lots of people just ignore these topics on a Web site. I'll argue in person, but it achieves nothing over the Web except to annoy me, so I pass over the comments or articles.

Not intending to talk down your comment, but some of the most annoying gender-topic discussions I see on HN are the ones of the variety "there is no gender problem in tech/on HN/online". And there's plenty of those, including flagging/deletion of threads that bring up a legitimate discussion or an under-discussed perspective of this.

The fact that this comment was downvoted with no reply is an excellent example of the unfriendliness I'm describing.

Re: Why not just a simple spreadsheet of salaries?

#357
To explore this dataset:

1. Open a new google spreadsheet

2. In upper left corner cell: =IMPORTRANGE("1a1Df6dg2Pby1UoNlZU2l0FEykKsQKttu7O6q7iQd2bU", "'Salaries'!A:L")

3. Enable Filter from Data > Filter in menu

4. Explore data with clickable filters on each column header:

4a. For example, click on Location, search in "Filter by values" and select locations (checkmark should appear). Click OK for filter to take effect.

4b. Filter by Annual Base and select a greater than X filter

4c. To see how many results (and other stats) you have for a filter, select a column and then click on the Explore button in the bottom right corner

Re: Why not just a simple spreadsheet of salaries?

#358
Hi, I'm a CS student in Europe and about to finish my MSc. I haven't got a clue about what to expect salary wise once I leave university.

Looking at the spreadsheet I noticed, that all the jobs in the US easily make twice the money then the european ones. Since according to Google 1$ is about 0.9€, if you make 100k in the US this should roughly translate to 80-90k €.

Now I do get that in the US you have to take care of all kinds of insurances yourself, but it can't possibly be as much as double the salary or am I wrong?

So if someone could roughly sketch why the huge salary difference that would be great.

Re: Why not just a simple spreadsheet of salaries?

#359
post #358

Hi, I'm a CS student in Europe and about to finish my MSc. I haven't got a clue about what to expect salary wise once I leave university. Looking at the spreadsheet I noticed, that all the jobs in the US easily make twice the money then the european ones. Since according to Google 1$ is about 0.9€, if you make 100k in the US this should roughly translate to 80-90k €. Now I do get that in the US you have to take care…

Brief summary. Taxes in the US are generally lower. In some European countries they are higher but you have a lot of bang for the buck. You usually benefit if you are married with kids though.... For someone married with 2 or 3 kids, the 1/2 salary in Europe gives you better life quality, not only in terms of free quality education, health care, but also in terms of paid vacations. Countries like France only work 35h/week and it's forbidden to check your work email from home :)

Re: Why not just a simple spreadsheet of salaries?

#360

Earlier quoted context omitted.

There are job boards that specialize in listings that are willing to accept remote workers. http://weworkremotely.com is one. You could also easily top that on an online freelancing site like Upwork. I have friends that are Upwork-exclusive and make upwards of $200k per year. It takes a while to get that going, but it's a great option if you can swing it.

For the remote workers among you, the similar freelancing spreadsheet might be interested. https://news.ycombinator.com/item?id=11335661

Your link isn't working for me.
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