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Hacker News' “Who is Hiring?” thread, part 2, remote and locations

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Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#131

Post by dmode »

source99 wrote: post #99
rco8786 wrote: post #89

Earlier quoted context omitted.

You can do a lot better then a 1Br on a 300k salary in the Bay Area. Even in the most expensive parts.

Just for fun: $300K pre tax. Tax rate of 40% $180K after taxes High Quality Child Care for 2 Children = $6K per month or $72K / year 108K after childcare 3Br house in SF - http://sfbay.craigslist.org/search/hhh?search_distance=4&pos... Call it $6K / month or $72K per year $36K left after housing + Childcare + taxes. $3K / month for transportation, food, clothing, vacations. Good luck...

This is a wildly exaggerated calculation. I make roughly around 300k and my effective taxes (both Fed and State combined) was 28%. I also have daughter and she goes to daycare that costs me $1200/month. I also own a 5 bedroom 2800 sqft house in East Bay, that costed me around a million bucks and the mortgage is around 3500 including insurance and property taxes

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#132

Post by branchless »

mahyarm wrote: post #121
branchless wrote: post #79

Earlier quoted context omitted.

The system of usury against land ensures that land costs adapt to absorb all available income after food/clothing/energy costs have been accounted for. Why is silicon valley more expensive to rent in? Because people came with money and the banks agreed to loan at a multiple of the new wage ceiling. If wages increase x4 guess what will happen? We need to stop banks creating debt to issue against land otherwise it will…

Also known as supply vs demand... Bay area is infamous for many housing supply constraints in regulations. As far as loans increasing the demand side, banks can be pretty strict with %20 down payment restrictions. Which is why once houses go out of the dual income high earner price range ($1-1.5 million), you start seeing it overflow to other less desirable regions in the bay area.

But the creation of credit costs nothing therefore rent extraction can scale up to match productivity gains in a heartbeat.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#133

Post by doozy »

ryanSrich wrote: post #43

Remote work is not a silver bullet for solving the faux work shortage. Aside from the fact that there is no shortage in the first place [1], remote work is still very new. Without proper operations in place and a solid, tested, management structure you'll end up with a hodgepodge of culture and unhappy employees. I used to be bullish on remote work until I actually started doing it. It can certainly work, and I still…

I got my first remote position in 2002. That's 14 years ago (time flies, doesn't it?). I wouldn't call that "still very new".

I do agree it requires a certain know-how to make it work. It seems to me there's more of a shortage of knowledgeable managers than there is of able developers.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#134

Post by branchless »

hueving wrote: post #113
branchless wrote: post #79

Earlier quoted context omitted.

The system of usury against land ensures that land costs adapt to absorb all available income after food/clothing/energy costs have been accounted for. Why is silicon valley more expensive to rent in? Because people came with money and the banks agreed to loan at a multiple of the new wage ceiling. If wages increase x4 guess what will happen? We need to stop banks creating debt to issue against land otherwise it will…

>Why is silicon valley more expensive to rent in? Because supply and demand. High salaries attract a lot of people to the bay and communities systematically refuse to build new housing to meet the demand so the price goes up. You can do whatever you want to the banks but that won't change the fundamental of 2X people trying to live in X houses.

No, many hot-spots have large rentier presence including people "owning" and renting out multiple residencies which causes huge supply pressure.

Credit also typically increases ahead of wages which squeezes people further.

This isn't supply of people vs supply of homes, this is supply of credit. If you neutralise this you will see prices fall and be paying less of your labour to banks.

2008 - the credit taps ran dry => huge crash. Before that near unlimited credit saw land prices increase hugely. Neither on the up or the down did we see wages have such volatility.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#135

Post by SmellTheGlove »

TrickzOnU wrote: post #16

I loved this line from the article "With unsolved US VISA problems for STEM workers, IT companies might have to get creative to hire potential employees." -- Yeah, creative...like paying a living wage for the location. Pay salaries that will allow someone to rent their own 1B (not bunking) and the "shortage" will magically disappear.

Spot on. I'm director-level on the east coast (not NY, DC or Boston, although I came from DC). While I could probably see a 50% raise going to Silicon Valley, that wouldn't even come close to keeping me whole unless I'm supposed to stuff my family into an apartment. That said, I'm not sure what more the tech firms can do - wages are already really high out there and they're pressing the cities to let them build more housing (as in, not permit more housing in general, but that they'd even foot the construction) and the cities aren't going for it. At some point if a geographic area says no more growth, its time for businesses to pack up and go elsewhere.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#136

Post by ddorian43 »

speeder wrote: post #70
legohead wrote: post #47

I happened to be in Russia when the Who's Hiring thread showed up. I have family there, so I was entertaining the thought of possibly moving there, or maybe staying for a year or two. However, I noticed most of the remote locations were "US-only", and even the ones in other countries were usually local to that country -- "germany only", etc. I was wondering how many of the "US-only" ones would accept me, since I am a…

I am from Brazil, since I graduated around 2009, I never got a 100% legal job, and never got a well paying job or contract. I keep hearing that I should move, or should work remote, I always reply: "How?" Because most countries only allow you to move into them if you get invited or is already wealthy. Most remote jobs I see, no matter where I look (I don't look only on HN) are US-only, or local only. Most jobs that a…

See: https://news.ycombinator.com/item?id=12040118

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#137

Post by MichaelGG »

jedberg wrote: post #68
legohead wrote: post #47

I happened to be in Russia when the Who's Hiring thread showed up. I have family there, so I was entertaining the thought of possibly moving there, or maybe staying for a year or two. However, I noticed most of the remote locations were "US-only", and even the ones in other countries were usually local to that country -- "germany only", etc. I was wondering how many of the "US-only" ones would accept me, since I am a…

It's legal. It's a huge pain in the ass to hire someone whose physical address is outside the US if your company is based in the US. Heck, it's a huge pain in the ass just to hire someone outside of a state you aren't already operating in.

Just ask the person to form a company and hire that company? I've never heard of anyone having any difficulty with this. And even if you're paying an individual you just need to get their W8-BEN or withhold 30%; it's not that difficult.

Or, what are you referring to?

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#138

Post by SmellTheGlove »

ryanSrich wrote: post #34
dccoolgai wrote: post #23

Surprised not to see DC in the list of cities... usually shows up a lot in the hiring threads...

I'm surprised as well. When I moved from DC to Portland I saw a massive decrease in recruiter spam. Even two years later I still get 10 emails per week about jobs in DC. Portland on the other hand? Pretty much zero.

Out of curiosity, what's generating the job spam in DC? Profile on LinkedIn, or other sites?

I have the same thing going on.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#139

Post by im_down_w_otp »

devonkim wrote: post #114
ryanSrich wrote: post #43

Remote work is not a silver bullet for solving the faux work shortage. Aside from the fact that there is no shortage in the first place [1], remote work is still very new. Without proper operations in place and a solid, tested, management structure you'll end up with a hodgepodge of culture and unhappy employees. I used to be bullish on remote work until I actually started doing it. It can certainly work, and I still…

Those of us that have worked as remote engineers for a lot of our career know that most companies in general are just plain not managed in a way that would work for companies that have lots of remote workers, especially larger companies. Policies that discourage and undermine remote work that are popular with large companies include: 1. Mandatory all-hands meeting times 2. Banning popular communications platforms lik…

You left out:

5. Incompetent IT Ops mostly staffed by cheap contractors to offset overpaying for terrible hardware and software from Cisco to ensure a complete inability to reliably utilize the corporate VPN.

Re: Hacker News' “Who is Hiring?” thread, part 2, remote and locations

#140

Post by im_down_w_otp »

jkempe11 wrote: post #98
iwillium wrote: post #7

If you combine SF with Silicon Valley you really ought to combine Cambridge, MA with Boston, MA

Same with the LA area here. "Santa Monica" is mentioned once, but if you aggregated all the locations that fall into the Greater LA area, I bet it would rank higher.

It would also cover the land area of a small country. ;-)
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