141–150 of 394 posts
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$200K per person staffing budget isn't $200K per person salary. Benefits, employer share of payroll taxes, and other things that don't show up in top-line salary are in there. You are a lot bigger cost to your employer than your gross salary.
Yep. Here at UC, the non-salary costs can be in excess of 60% of salary.
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It doesn't make sense but it is true. If you're really good, someone will make you an offer for an SV salary, and now everyone needs to compete with that. Besides, it's only fair. Your value shouldn't be tied to where you live per se. It's true that people in some areas make less because they have fewer options in their area, but for a high caliber person, they have plenty of options whether they move their physical…
> Your value shouldn't be tied to where you live per se. If that was the case people wouldn't make $200k in SV, $75k in Omaha, and $9k in Phuket for the same job.
If I left Boston today, I'd still make what I make here. I have considered doing exactly that.
To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary (which seems to be everyone at the moment), a few things to keep in mind: 1) That includes benefits 2) They are in Silicon Valley and have to compete with everyone else in Silicon Valley 3) Given what they have accomplished with such a small team, these are probably high caliber people. 4) In SV there is a good 25% premium you…
> To everyone complaining about the $250K (see edit, it's actually 200K) per person in salary I don't think people are _complaining_ about it, just expressing surprise/shock. It's one thing to read the anonymous "I know a guy who's brother's roommate makes $300K at Google" comments that you have to take with a grain of salt, but another thing to see an actual company's data. Eye opening for sure.
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Actually it is for 8. Two of the people are being paid by another company. At least that's what I understood.
It is ten (I made the budget), but I apologize for not making that more clear in the blog post. We have eight employees now, and have budgeted for ten in 2017.
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people who seriously know how to code mission critical X.590 root CA PKI infrastructure are not cheap when you're looking at total benefits/compensation per head.
>people who seriously know how to code mission critical X.590 root CA PKI infrastructure are not cheap And they also aren't working at letsencrypt.
I know a couple folks at Let's Encrypt in passing and they are at the top of my list of folks I would want writing code for me if I needed to trust it with, if not my life, most stuff up to that point.
Earlier quoted context omitted.
It doesn't make sense but it is true. If you're really good, someone will make you an offer for an SV salary, and now everyone needs to compete with that. Besides, it's only fair. Your value shouldn't be tied to where you live per se. It's true that people in some areas make less because they have fewer options in their area, but for a high caliber person, they have plenty of options whether they move their physical…
> Your value shouldn't be tied to where you live per se. If that was the case people wouldn't make $200k in SV, $75k in Omaha, and $9k in Phuket for the same job.
What this really tells me is that workers in Omaha and Phuket ought to demand more, and that they are selling themselves for far less than the value they create, or else that they aren't actually doing "the same job." Likely both are true.
Many people here don't realize what it costs a business, in taxes, to employ someone. I think if more people realized this, we would have less people demanding a $15 pay-raise for minimum wage workers.