71–80 of 414 posts
Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
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That is true, it might be the end of the sustainability of overpopulated cities ...
Funny because cities are more efficient from an energy and carbon footprint perspective. The only thing that makes it unsustainable is that some cities haven't figured out how to make it so everyone who should abbe able to live there can afford it
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Funny because cities are more efficient from an energy and carbon footprint perspective. The only thing that makes it unsustainable is that some cities haven't figured out how to make it so everyone who should abbe able to live there can afford it
It's not that complicated. Build more housing and better transportation options. If particular kinds of businesses have a hard time thriving (like grocers), actually pay attention to what kills those businesses and fix it. It's often some sort of overboard regulation like zoning.
On paper.
I just hope the home office trend doesn't lead to an urbanization of the countryside. I'm from a charming village that was overtaken by ugly and expensive developements during the past 20 years because people from the nearest city realised it was within commutable distance. I die a little inside every time I see someone oneline saying "I can't wait 'till X area has better internet so I can move there", understand "I…
Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
Earlier quoted context omitted.
Less experienced, but I've never seen EU salaries quoted after tax, either.
As one data point, people never discus before-tax salaries in my home country (Croatia), it's always after-taxes and all other mandatory deductions. I believe the same holds true for at least several other EU countries from the region.
Do they pay those salaries in Europe? Because European salaries are usually 1/3 of the US rate.
My experience in Germany may not be typical. But with the EU's higher taxes, 80% indeed goes down to 50%. However if you have kids, the numbers climb up again because, at least in Germany, you get "Kindergeld" and "Elterngeld" and state-sponsored day-care (Kita) for your kid(s). Plus, 30-days a year vacation standard, you get walkable cities, very good public transportation (so, no car costs) AND you get to take inex…
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What you're saying is impossible. Prospective employers don't know what your exact after-tax income is as it depends on a lot of factors (dependents, marital status, etc)
As an employer in an EU country (Croatia), I know exactly how much each of my employees' after tax income is, including everything you've said (and adding stuff like some debt payments if there are any, etc). It's all withheld by employer - employee never sees a penny out of it. Although they always get full documentation of exactly what's wihhheld, in my experience almost nobody ever reads it. Note that there are so…
Here you might live in a different township or city, taxes will be different depending on school district, etc.
AFTER you hire them, sure, you will probably know what their tax rate is. I think originally the discussion was about before you hire someone.
Earlier quoted context omitted.
What you're saying is impossible. Prospective employers don't know what your exact after-tax income is as it depends on a lot of factors (dependents, marital status, etc)
As an employer in an EU country (Croatia), I know exactly how much each of my employees' after tax income is, including everything you've said (and adding stuff like some debt payments if there are any, etc). It's all withheld by employer - employee never sees a penny out of it. Although they always get full documentation of exactly what's wihhheld, in my experience almost nobody ever reads it. Note that there are so…
>Note that there are some adjustments employees can make a return for at the end of the year
So you don't know "exactly" how much your employees' after tax income is. You just know how much you are withholding and have some kind of an estimate of what they make after taxes.
Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
Whilst everyone wants to get paid as much as possible getting paid period is even better.
If you have a competitive advantage that would increase the likelihood of them making you an offer by asking for less because your housing costs only 50-25% of what it would in SV you’ll use eventually.
And whilst yes in a perfect world everyone would understand that they are eventually playing themselves but this is essentially the prisoners dilemma on a bigger scale and someone will flinch eventually and then the race to the bottom will start.
Eventually we may bounce back again towards working from a centralized location and then history will just repeat itself.