111–120 of 229 posts
Google engineers would certainly like to think that. In reality, Google's hiring process selects for people who can follow instructions and are happy trading self-sufficiency and independence for the social validation that comes with working for such an "elite" company. Google engineers are some of the most sheep-like creatures on the planet.
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My thoughts exactly $400K? Could someone being paid this level of money please share your career path.
At GOOG/FB a large chunk of that comes from equity. 400k for a senior+ level engineering job at one of the "big" tech co's in the valley/SF isn't outrageous at all. Base salary ~200, bonus/equity another ~200.
The taxes on equity are a huge PITA when equity is a large fraction of your salary. This is because they withhold at only 25%, even if your tax bracket is higher. This means you have to file quarterly estimated tax payments or over-withhold from your salary.
I much prefer Netflix, where I just get salary. I might even be able to do my own taxes again!
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Of course, the USA is an example of that Except it isn't, anything you want to do there is ridiculously expensive
In the USA, Obamacare has increased the price of healthcare so much that you might effectively pay a penalty for purchasing your own healthcare.
I think it's not true that the ACA caused that reduction (the recession is probably a much bigger factor), but it also didn't cause prices to increase faster than they were prior to the ACA.
Amazon keeps asking me to interview and everyone tells me it's a terrible place to work. After seeing this compensation via equity I'm thinking it might be worth it. Anyone work at Amazon and loves it or think it's really worth it?
One of the tables has this important piece of information at the bottom: "Amazon's vesting schedule is 5%, 15%, 40%, and 40% over the 4 years" This is a significant deviation from the industry standard, which is to have a one year cliff, and have stock vest month-to-month afterwards. What happens if you leave in the middle of year 3?
A given company should pay everyone the same. But, ego.
I don't think ego is really the only thing that drives pay distinction. I think that many people consider that different individuals contribute differently and that those who contribute more value should get more pay. Isn't that realization independent of ego?
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At GOOG/FB a large chunk of that comes from equity. 400k for a senior+ level engineering job at one of the "big" tech co's in the valley/SF isn't outrageous at all. Base salary ~200, bonus/equity another ~200.
Being paid in equity is just plain annoying. It makes your taxes far more complex and, at least at Google) unless you set up an autosale program a year in advance, your money is tied up in company stock until the next trading window. The taxes on equity are a huge PITA when equity is a large fraction of your salary. This is because they withhold at only 25%, even if your tax bracket is higher. This means you have to…
Google engineers would certainly like to think that. In reality, Google's hiring process selects for people who can follow instructions and are happy trading self-sufficiency and independence for the social validation that comes with working for such an "elite" company. Google engineers are some of the most sheep-like creatures on the planet.
Holy crap, I didn't realize that starting salary at Google was $175K. That seems a bit high for new college hires, but I suppose I'm comparing that to my salary as a freshie sdet.
Google is an "elite" company, almost every engineer there would be one of the best hires any other company could ever make. Generous compensation is one aspect to accomplish that hiring goal (amongst other things)
It's harder to see who will be amongst the best engineers early on in someone's career. Each person develops their abilities at different speeds & times in their lives.
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Regardless of what one thinks of the tax it's clear one can't compare salaries after taxation. Fact is I don't spend anything on healthcare. In the US I would need insurance. I don't save for my kids university education because it will be free. In the US I would have to. Comparing pre tax income is more useful, by and large.
Insurance in the us is also cheaper in paying 2300 a year for private insurance (AXA) so I won't have to deal with the NHS on every silly issue.
And how the buggery are you managing to spend £2300 a year on health insurance in the UK? That's crazy expensive. Ok, it's less than people in the US pay, but it's still mad for UK.
Amazon keeps asking me to interview and everyone tells me it's a terrible place to work. After seeing this compensation via equity I'm thinking it might be worth it. Anyone work at Amazon and loves it or think it's really worth it?
Most teams require some on-call time every month or two. That's a big factor for me—I value my sleep. Additionally, last time I interviewed there they did not have remote work in any form. If you get a 2am page, you have to drive in to the office. (And you have to commute.)