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My Salary Progression in Tech

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Re: My Salary Progression in Tech

#411

Post by TomMarius »

monadgonad wrote: post #402
krn wrote: post #392

Earlier quoted context omitted.

> But I've been very careful not to inflate my lifestyle too much. I don't have an expensive car. I don't go on expensive holidays. That's what I noticed during my undergraduate years in the UK after growing up in continental Europe: "lifestyle" for most people in the UK from the young age is associated with spending money on material things and holidays, not pursuing life-long hobbies and interests. In much of conti…

> a second home in the countryside, where he spends every summer weekend So, material things and holidays? All that says is that those things are cheaper for people outside of the UK.

The second home is usually a hobby by itself that includes building, woodworking, gardening, some light plumbing and electrical stuff etc. It's very different than a hotel or Airbnb.

Re: My Salary Progression in Tech

#412

Post by jamisteven »

2004-2008 > 45k - Tech consulting fixing spyware etc

2008-2010 > 80k - SEO / Bartending weekends 50/50 split

2010-2012 > 55k - Building servers for DC's

2012-2013 > 60k - Helpdesk Support - Law firm

2013-2015 > 65k - Cisco VoIP tech - TekSystems

2015-2018 > 70k - Electronic Trading Support - Bank

2018-Now > 110k - Same as above - Different country same company

Re: My Salary Progression in Tech

#413

Post by ed_balls »

dtip wrote: post #344
dsaron wrote: post #320

Earlier quoted context omitted.

I have a few friends in London, contracting whilst working a Single Person Business (lacking the proper terminology). Super high wages £500 - £700 per day, whilst having an effective tax rate or 13%. Boom.

Where are you getting 13% from? If you pay yourself a salary from a ltd company there's ~14% Employers NI, 12%-2% Employee NI Depending on tax band, 20-40% Income tax depending on tax band. If you pay a dividend there's 19% Corporation tax plus 7.5%-32.5% Dividend tax. So 46%-56% tax on salary and 26.5%-51.5% tax on dividends. Nowhere near 13%, unless you're talking about 'creative accounting' by running non-business…

- create a company in the Man Island - You pay yourself the minimum to have ok life style (dividend allowance + progressive tax could make it somewhere around 15% + NI). You move for a year to Singapore, so you are no longer UK tax resident. You close the company.

I don't live in UK anymore and I could do something similar in my location, but I want to pay taxes and my effective rate is good.

Re: My Salary Progression in Tech

#414

Post by thundergolfer »

Benjamin_Dobell wrote: post #257
thundergolfer wrote: post #96

Earlier quoted context omitted.

Do you work in Australia as well? If so, Ignoring US even, you've got 5 years exp and you're making $85k AUD. That's not high for Australia. Is that including Super? The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads .

> The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads Which larger tech companies? I'm self employed and have worked 100% remote for around 5 years, so am a bit out of touch. However, I have close friends in senior positions at major tech companies in Melbourne (REA, Xero etc.) and $120k for grads sadly does not align with what I've heard from them, closer to $70k (AUD) for a g…

Not REA, they offer really low.

I'm talking about Atlassian, Canva, Google, AWS, IMC, Optiver.

Re: My Salary Progression in Tech

#415

Post by KallDrexx »

In Orlando, Florida except for my first job. All values are essentially total compensation since any stock I have gotten from any of these companies has had zero value.

2007 - $42k Junior Game Designer in Australia

2008-2012 - $45k-$55k (QA Programming Lead)

2012 - $70k Software Engineer at a new company

2013 - $80k Software Engineer raise at same company

2014 - $90k Promoted to Software Development Manager at same company

2015 - $95k Software Engineer at a new company

2015 part 2 - $140k via freelancing

2016 - $70k First employee at startup I helped start

2017-2018 - $80k Raise at startup

2019 - $155k Remote for engineering team that used to be based in Boston.

Re: My Salary Progression in Tech

#416

Post by thundergolfer »

dsaron wrote: post #312
thundergolfer wrote: post #96

Earlier quoted context omitted.

Do you work in Australia as well? If so, Ignoring US even, you've got 5 years exp and you're making $85k AUD. That's not high for Australia. Is that including Super? The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads .

> The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads. That's some nonsense. Could you drop some names for 'Graduate X' which has that kind of pay scale? With that being said, it's quite possible to earn 150k+ within 4-5 years in Melbourne. Just be smart about it, listen out for what technologies are trending because inevitably they will be the most numerous and with the highes…

Not nonsense at all. I answered with a list of companies.

I got offered $150k+ at Zendesk Melbourne out of uni, but that was a special situation. But also I literally did get that offer so no, 120k is not "nonsense".

Re: My Salary Progression in Tech

#417

Post by thundergolfer »

AnotherGoodName wrote: post #244
tvphan wrote: post #45

I am Asian but was born and raised in Australia. I have a Bachelor of Science and I work as a web developer, e.g. Spring, ASP.NET, React, WordPress, Drupal, etc. 2013 - 23yo - $45K - First job - Magento developer building eCommerce websites for clients. 2014 - 24yo - $54K 2015 - 25yo - $70K - Second job - Magento / Shopify / WordPress developer, building eCommerce websites for clients. 2016 - 26yo - $75K 2017 - 27yo…

You get paid 3 times as much working in the US. You also get treated well rather than as a cost centre which was my experience back in Aus. I'm an Australian developer earning triple that+stocks on top at one of the FAANG. Trump, guns and shitty healthcare don't affect you day to day in the states. The E3 visa for Australians to work in the US is trivial. The funny thing is that Sydney real estate is comparable to si…

Not that funny for those of us in Sydney haha.

Re: My Salary Progression in Tech

#418

Post by cthaeh »

JSDave wrote: post #107
crummy wrote: post #61

Earlier quoted context omitted.

I don't have an answer for the question but I remember watching a series of recorded interviews with Americans from all walks of life and all described themselves as middle class, from the poorest to the wealthiest.

I have ~50k/year of passive income. I'm definitely not in the same class as people with ~50mil/year passive income.

50mil/year passive income puts u at the billionaire level. Obviously they are not going to describe themselves middle class. I do believe the commenter is referring to people making 200-1000k+ and still calling themselves middle class.

Re: My Salary Progression in Tech

#419

Post by throwhere »

18 years old: 4k$ / year (after the first year in the university, Russia)

19 years old: 7k$ / year (promotion)

20 years old: 42k€ (moved to the Netherlands, switched job)

21 years old: 50k€ (promotion)

22 years old: 70k€ (switched job, still in the Netherlands)

23 years old: 81k€ (promotion, this year)

Re: My Salary Progression in Tech

#420

Post by tguedes »

rubicon33 wrote: post #155
tvphan wrote: post #45

I am Asian but was born and raised in Australia. I have a Bachelor of Science and I work as a web developer, e.g. Spring, ASP.NET, React, WordPress, Drupal, etc. 2013 - 23yo - $45K - First job - Magento developer building eCommerce websites for clients. 2014 - 24yo - $54K 2015 - 25yo - $70K - Second job - Magento / Shopify / WordPress developer, building eCommerce websites for clients. 2016 - 26yo - $75K 2017 - 27yo…

Web development and other easy domains like iOS / Android are quickly going the way of other craft jobs of the past: Blue collar. If you want to make above average salaries you're going to have to specialize. Find something that is both challenging (to reduce barrier to entry) and niche (to demand a higher salary). In other words - specialize. Staying as a generic web/ios/android dev is only going to guarantee that y…

I have never encountered this. Good mobile developers are in extremely high demand.
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