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2017 State of Global Tech Salaries

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101–110 of 284 posts

Re: 2017 State of Global Tech Salaries

#101

And here I am making $72,000 in New Hampshire...45 minutes from Boston. I have a B.S. in computer engineering and now have 4-5 years of professional experience in software (specializing in DevOps). Am I severely underpaid?

If you're willing to work in Kendall Square (or lots of places inside Rt 128) and pay MA income tax, you can pretty readily make 33-50% more gross. Whether that's worth it or not is your call.

Re: 2017 State of Global Tech Salaries

#102
post #80
post #60

I'm legitimately interested to see how much software engineers make if they're not White or Asian. Given the lack of women and minorities I'd say minorities are better off being an MD than a SE. In addition, I'm skeptical that an average SE can get offers at places that give them this kind of compensation. --- Take Google for an example. [1] The earning "likelihood" (whether this is cultural, sociopolitical, socioeco…

While I struggle generally to discern what you're trying to say, I'm particularly befuddled by what "MD" refers to here.

My point is basically this: the average is being extremely skewed by survivorship bias, namely, White and Asians who attended elite schools. I assert that getting the salaries noted in the article is especially unlikely if you're on the other end of the spectrum: Women and minorities from non-elite schools.

MD means medical doctor. Wages among doctors are far more predictable.

Re: 2017 State of Global Tech Salaries

#103
post #93

Where's Detroit? We had a bit of an exodus back in 2008-2012 but finding people today is like pulling teeth. I'm sure it's a way better financial deal than the bay area.

I think the recent crime/safety reputation its gotten is keeping people (like me) away. I wouldn't move to Detroit even if they paid me $150k, I just don't feel like the risk is worth it.

Ann Arbor seems like a great place to live. The major companies still in Detroit (for tax reasons, difficulty in relocating a giant corporation?) should build some rail options to increase talent moving to the area. :)

Re: 2017 State of Global Tech Salaries

#105

The problem with straight-across cost-of-living adjustments is that they're only relevant when you're talking about a more-or-less zero savings rate. Assuming you can save 10% of your annual salary a year, you're better off living in higher cost-of-living areas, assuming all other things being equal. Then you are growing wealth (retirement funds, etc.) instead of just getting a more expensive lease for your car or ap…

>I'm open to thoughts on how to practically do this math. It's very relevant when considering job offers in other cities.

As another reply noted, it's really about the absolute numbers. The number you probably want is after tax take-home after deducting some amount for retirement and other savings and any significant debts and do the comparison based on that number. Yeah, so pretty much your disposable income.

Re: 2017 State of Global Tech Salaries

#106

This analysis may be reasonable as far as it goes, but it can still make financial sense for someone to live and work in the Bay Area. I recently took a new job near San Francisco paying ~$160k. Living cheaply, our actual consumption for my family of 3 is about ~50k a year. (Yes, this is possible -- and life can still be enjoyable if you like spending time in nature/other inexpensive activities.) After taxes, that le…

The problem with the analysis is 'similar lifestyle' when compound interest is your friend. Living in a much nicer apartment in SLC has minimal extra costs as the gap from a large 1BR to 2BR in SLC might only be ~250$/month.

SF is a great place with dual income no kids. Less so 1 income and an infant. But, much worse when you have young kids. So, in just 3 years and possibly another kid, when it's going to be much harder to swing that tiny 1BR in SF without feeling really cramped.

Re: 2017 State of Global Tech Salaries

#108

Earlier quoted context omitted.

What's your commute like? My friend that moved there who tries to convince me to move out there, has a 2hr one way commute. How many sq feet is your living space for you and your family?

My commute is a 15-minute walk, or 5-minute bike ride. :) I chose the apartment based on proximity to work -- could have saved $100-200/mo with a longer commute, but the savings would have been more than eaten up by the gas/car maintenance costs and I hate commuting. I still own a car, but don't use it to get to work. We live in a 680 sq ft one-bedroom apartment in an older development ($2200/mo). We'll have to upgra…

That's crazy. I pay $1,900 for a 800sqft in Brooklyn and I thought that was bad!

Re: 2017 State of Global Tech Salaries

#109
post #49

London. The city with the highest cost of living in Europe [citation needed]. Look anywhere else in the UK and it's more like £25000-£35000.

True - but then that's the general issue with London vs the rest of the country. Compared to other careers, dev salaries in London make the city pretty liveable. I'm certainly not struggling to service a mortgage in Zone 2, and many devs I know are similarly comfortable.

You, or you and a partner? Do you work in finance?

I'm having trouble with my idea of average dev salaries and zone 2 prices equalling comfortable (i.e. nice amount of savings and disposable income after mortgage payment). If non-finance, I must be really out of touch with London salaries. I had an email today offering "up to £50k" for a devops position at a web agency...risible.

Re: 2017 State of Global Tech Salaries

#110

Interesting, I thought Toronto would be much lower. Does anyone have any data on cost of living expenses compared to other major US cities? - A Canadian who wants to go to the states but probably won't for the time being due to political/family/friends factors.

Here's a comparison between SF and TO: https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...
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