351–360 of 455 posts
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The key is to work remotely for a SV company but live in a cheap small town (this is a humblebrag). Higher salary, no Valley real estate madness, no freeway nightmares, placid country bumpkin existence preserved. I do have to bite the bullet and travel down to that blighted land a few times a year though.
How would you find a SV company open to remote workers? I haven't heard of any.
My god this is just another universe to me. I've got 19 years on the clock doing stuff, right now extending the jenkins model to make a usable 2.0 pipeline, for a fortune 50 hiding on the new hampshire seacoast, senior-straddling-principal level and just barely squeaking out a 6 figure salary. I know it all comes out in the wash, but it just blows my mind how different money is across the country. or, i am a country…
Check out /r/cscareerquestions for their experienced dev salary https://www.reddit.com/r/cscareerquestions/comments/6yt8pl/o... Personally I bring in around $400k/year working remotely in a low COL area. That being said if I was working on the local market I'd probably be making somewhere between $120k - $150k.
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When comparing European and USian salaries, it is important to remember that companies primarily care about what it costs to employ you, which is different than the number on your paycheck. Generally speaking, the cost to employ software engineers in the EU is much higher than in the US, so even though the differences in salaries seem large the cost to the companies are often similar. The proportion of that cost that…
Do you have evidence of this? This web page suggests that the extra costs in the UK are not that high: https://www.crunch.co.uk/knowledge/employment/how-much-does-... In some European countries it is hard to fire workers, which could be a serious issue, but in general it is hard to believe that hiring in Western Europe is not cheaper than in the US, usually.
In short, the apparent arbitrage opportunity doesn’t actually exist. As you would expect in any semi-liquid, semi-efficient market.
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Agree. I'd much rather we organize the same way lawyers with their Bar Associations operate.
Kind of an ironic example, lawyers have terrible working conditions. Pay is great, but the partner system of advancement is dehumanizing, and encourages cutthroat behavior and insane working hours.
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Agree. Engineers outside the Valley often list the cost of living as a negative, but coupled with the insane amount of salary leverage (in part because of the COL), I never got financially ahead until I moved to the Bay Area. You're a King in SV as a software engineer.
You're a king? So you live in a mansion? I live in the midwest, wife doesn't work, 10 years experience - we live in a 4k sqft house in the best school district in the state about 25 minutes from the city. How much does that cost in SV?
I would have to be a billionaire to maintain our midwest lifestyle in California.
Is there any data on what the big companies (Apple, Google, Facebook, Microsoft, Amazon, ...) are starting software engineers at? Anecdotally, friends starting at Google out of school are getting base salary offers closer to the senior numbers here than the junior numbers.
https://blog.step.com/2016/06/16/more-salaries-twitter-linke...
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Different people also I different expectations of senior. I know people a year or two out of bootcamp that have senior engineer titles. Likewise I recently interviewed with Riot games and was told I wasn't a senior engineer and was a good mid level candidate with 10 years game industry experience, and with my title being senior software engineer at time. Granted the responsibilities of this role sounded more like lea…
Maybe the person out of boot camp just performed better or were in a role that was better suited? Years of experience is not everything (I wish it were at my age :P)
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Nowadays, this might not be true. 10 years ago, I hired Oracle dbas (not many, mind you) at hourly wages of 300K+ (edit: yes, they worked 40hrs/wk at least)
You can't possibly mean 300,000$ per hour with 300k+..
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I'm one data point. My new grad offer from Google this year was 116k base salary, 15% target bonus, and approx 250k stock vesting over 4 years. I turned it down for a higher paying offer.
That's nothing. Linda Evangelista, who was probably at her peak fame before you were born, famously said she wouldn't even wake up for less than $10,000 a day!
I understand that it’s hard to compare non-salary compensation. But these figures give the impression that compensation for a Bay Area software engineer is shockingly lower than the reality. RSUs and bonuses at established companies will easily double your take home pay. Even the salary figures themselves look low and are probably heavily skewed by an overrepresentation of underpaying startups. My base salary ~4 year…
> RSUs and bonuses at established companies will easily double your take home pay. Is this really true for more than the top subset? For instance, are there really a significant number of engineers at Oracle or Cisco getting that much non-salary compensation?