111–120 of 295 posts
I guess I need to move to Silicon Valley. These numbers are insane for two years and an undergrad degree. I have 32 years experience and I don't get these kinds of offers. This is either complete BS or the guy is a savant. Something smells fishy here.
I guess I need to move to Silicon Valley. These numbers are insane for two years and an undergrad degree. I have 32 years experience and I don't get these kinds of offers. This is either complete BS or the guy is a savant. Something smells fishy here.
They seem a bit higher than what I would normally expect for 2 year experience; sometimes a successful startup and some salary negotiations can give you a boost. But recall: $1 USD (SFO) != $1 USD (Almost anywhere else). And there are some other downsides, you work very long hours in a company of 70%+ men. I think quality of life in South Bay for most isn't as nice as much less affluent places. It depends on your cup…
Also for comp, keep in mind that he is getting that sort of comp with two years of experience - I have met people with even less experience getting similar numbers (I know one with less experience with non-technical degree making even more). If you have the right experience/background, you can get such compensation. Just imagine what the comp is like when these people get experience under their belt at the big companies.
> Thankfully I had FB and Google referrals else I doubt I would have gotten a reply at all.
This is one of the things that really sucks about the industry. It is a new "boy's club", and if you know people in the club then the barrier to entry is easier (if you can code at a reasonable capacity).
Earlier quoted context omitted.
They seem a bit higher than what I would normally expect for 2 year experience; sometimes a successful startup and some salary negotiations can give you a boost. But recall: $1 USD (SFO) != $1 USD (Almost anywhere else). And there are some other downsides, you work very long hours in a company of 70%+ men. I think quality of life in South Bay for most isn't as nice as much less affluent places. It depends on your cup…
True, but the total compensation here is at or above 250K annually. Most places in the US won't break 100K with 2 years of experience, and the cost of living is less than 2.5x as much. In other words, you still come out well ahead.
That's essentially a parallel move if you consider nerdwallet doesn't consider local tax rates (very high in SFO vs 0% in Texas).
I guess I need to move to Silicon Valley. These numbers are insane for two years and an undergrad degree. I have 32 years experience and I don't get these kinds of offers. This is either complete BS or the guy is a savant. Something smells fishy here.
Also, don't forget about the cost of living. With 140k per year salary, about 10 percent of that (for me) was money that didn't go to taxes or bills. I have 15 years of experience (and I look young).
It's definitely a different kind of experience, so if you're feeling adventurous, do it! Just don't expect it to be fun, and be sure to do your own homework on whether there is a realistic market for a company's product if it's a startup (especially if it is Pre-Series-B). And, for the love of all that is good, don't work for any CEO under age 25. They are probably not the next Mark Zuckerberg.
Earlier quoted context omitted.
The numbers are meaningless without knowing the cost of living. Here in the Netherlands I also make a lot less (Ph.D. working in bioinformatics) and probably pay a lot more taxes. But my mortgage is my only dept and if I get cancer I can stop working for the treatment and have no other worries than the actual cancer. When I lose my job I can still pay for my house and food and school for both kids. University is abou…
and probably pay a lot more taxes This is a misconception about the US. Compared to Europe, engineers tend to proportionally pay as much taxes, and sometimes even a bit more (!) in the US. You get tremendously LESS for your taxes though, both at the city/state level and national level.
In systems with fully socialized healthcare, the middle class pays far higher taxes to cover their health insurance. That's why Scandinavia's tax systems are so regressive for example. In the US, the middle class is taxed far less, and they simultaneously get health coverage from their job. The top 20% are paying 95% of all income taxes in the US. Serious income taxation doesn't kick in until you get well above $100,000.
All of these US engineers are getting nearly entirely / entirely subsidized health coverage, which is extremely lucrative and is not accounted for in the pay numbers. US healthcare costs twice as much as it does in eg Britain or Germany, so if your employer in the US covers the cost of that, as is typically the case with an engineer, that's worth another $10,000 to $30,000 per year depending.
This is nuts unless it's AI/ML.