As usual, failing to take into account equity and bonuses makes this less useful. Salary is <= 50% of the story for most senior roles.
I'm sorry, but I think this is much better for not including funny money from startups that give private equity grants, at least I in the lower bands of the range. I know people for whom half their pay is equity and they can't even afford to take the options. And for many places I've been, the stock was never sellable outside of shady private stock trading groups that your board may or may not let you sell to.
Stack Overflow Salary Calculator
131–140 of 172 posts
Re: Stack Overflow Salary Calculator
#132Re: Stack Overflow Salary Calculator
#133Wow apparently i’m underpaid. I make $63k as a full stack .NET web developer in Knoxville, Tennessee. I have always dreamed of moving to Seattle and joining a startup. How can I make that dream a reality? I’ve tried applying to a bunch of places and got nothing but rejections.
Re: Stack Overflow Salary Calculator
#134Earlier quoted context omitted.
It's only cash if the company find a way to make it real, though. I certainly never made 150kyr,in stock. How would you even exercise that and then handle the taxes? I guess if you have a retention salary?
What often happens is you hold it for a while to reduce the tax burden. Then when you sell it, say you want $100k, you actually sell $115k to cover the extra 15% in taxes. (You'll end up needing a little more to cover the extra 15k, but that's easier than covering the 100k.)
1) Typically shares are treated as ordinary income when they vest, so you owe tax on that no matter what you do (but the vest price becomes your cost basis).
2) Wash sale rules apply to grant vesting events, so if your grants vest monthly every sale is a wash sale.
Re: Stack Overflow Salary Calculator
#135Wow apparently i’m underpaid. I make $63k as a full stack .NET web developer in Knoxville, Tennessee. I have always dreamed of moving to Seattle and joining a startup. How can I make that dream a reality? I’ve tried applying to a bunch of places and got nothing but rejections.
startups generally do not use .NET
Re: Stack Overflow Salary Calculator
#136Re: Stack Overflow Salary Calculator
#137Wow apparently i’m underpaid. I make $63k as a full stack .NET web developer in Knoxville, Tennessee. I have always dreamed of moving to Seattle and joining a startup. How can I make that dream a reality? I’ve tried applying to a bunch of places and got nothing but rejections.
startups generally do not use .NET
Re: Stack Overflow Salary Calculator
#138Apparently the only types of developers are front end, back end, 'full stack', mobile, desktop, and game. I don't fit any of those. And only three locations available in the US? How is this useful? I suppose this tool is awesome if you're a web or mobile dev in Seattle, SF, or NY.
>Apparently the only types of developers are front end, back end, 'full stack', mobile, desktop, and game. I don't fit any of those. Do you build houses then? ;)
Is it that rare to be a "close to the metal" developer? Or is that where people draw the line between developer and "engineer"?
Re: Stack Overflow Salary Calculator
#139Re: Stack Overflow Salary Calculator
#140Beware: the Stack Overflow Developer Survey is not a scientific survey. Participants are self-selected, not randomly sampled. For true random sampling of the software developers in the United States, use the Bureau of Labor Statistics, who employ real statisticians: https://www.bls.gov/oes/current/oes_nat.htm#15-0000 You can also break them down by U.S. state: https://www.bls.gov/oes/current/oessrcst.htm And by MSA (…
In either case, the problem is coming up with a reasonably accurate reference class. At least in my case, I'm not well represented by the BLS breakdowns (which underestimate what I can expect to get by a factor of about four.)
The Stack Overflow approach, using industry-specific features (developer-friendly keywords/job titles/languages) is definitely smarter, though still wildly insufficient. (It's only off by a factor of about three.)