141–150 of 238 posts
Earlier quoted context omitted.
$110K as a CTO does seem low to me. Do you mind if I ask where you live?
I earn far less than that, as CTO of a Southern California e-commerce company. The salaries in this spreadsheet seem incredibly high for one year of experience.
Wow, totally editable. I'm completely shocked this hasn't just been replaced by a picture of a penis yet.
And here I am, living in Germany and getting told that asking for 60,000€ p.a. as a software engineer with 11 years working experience is waaay too much for most companies. Only the big ones like Bosch, Porsche, Daimler (all non-IT companies) and a few other exceptions will pay enough for a sustainable life. At the same time we hear about regular reports about "shortage of skilled professionals" here in Germany, it's…
Also, keep in mind, while $250k in the Bay area is indeed more than nice, there are quite a few people making half of that if you don't count the monopoly money in their total comp. In many ways you live a better life with 60k in Germany than with 120k there.
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Rochester 43.76% cheaper. Super cheap living here, tons of good food, cocktails, great lakes, and 15 minutes to get anywhere across the entire city.
Are computers, cars, overseas trips, etc...43.76% cheaper also?
Keeping a car in a megacity is usually around $10k a year, from experience with both it's dramatically cheaper in upstate New York.
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New Hampshire. But commuting distance to Boston, MA since I live on the border and Boston is pretty close to the border. I started as a Senior Software Engineer and kept getting promoted but not getting any higher pay. As a Senior Software Engineer in 2013 it was great pay. CTO in 2017... not so much. For various reasons I'm eating the lower pay though. It's rough but I'm ok with it for now.
If you are ok commuting to Cambridge MA, you can get the SF figure +/- you cited as developer (assuming proper skills/experience) and still live in NH. Not a great commute, but I know a few folks who commute from NH. If you're interested, my team is hiring :)
I really don't buy it that people straight out of Bootcamp can land a job at any of these companies at such salaries. You need a lot more background knowledge before that.
Or is this a case of survivor bias, where these are the salaries of only the most qualified graduates who had a ton of background knowledge before going in?
I don't see it.
And here I am, living in Germany and getting told that asking for 60,000€ p.a. as a software engineer with 11 years working experience is waaay too much for most companies. Only the big ones like Bosch, Porsche, Daimler (all non-IT companies) and a few other exceptions will pay enough for a sustainable life. At the same time we hear about regular reports about "shortage of skilled professionals" here in Germany, it's…
A refugee on welfare would get approximately 400 per adult plus 300 per kid plus rent paid (and free insurance). For a family of four this is 1400 Euro. Let's assume 1000 for rent in a city. This is 2400 so basically the same that you have. For not working.
Germany has Syrian refuges that have 4 wifes and 23 kids. You do the math! http://www.rhein-zeitung.de/region/lokales/westerwald_artike...
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But Germany has great public transport, excellent beers, free/close to free healthcare and liberal icon like Angela Merkel. That is all good hackers/developers care about.
That is all true, but the thing is that most of the developers I know are single and have lots of time on their hands. Some of them literally play computer games only in their spare time. I decided I want to have kids and so I have a family now, and I can tell you having even just 1 kid is expensive enough. Me and my wife we both work full time, only to have enough spare money at the end of the month to put aside, ju…