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Silicon Valley stays on top as tech salaries climb across U.S.

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171–180 of 272 posts

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#171

Earlier quoted context omitted.

EU engineers need to vote with their feet and simply go to SV for things to change.

H1-B are not that easy to get, but it might get better after the required minimum salaries were raised. Heard mixed things about intra-company transfers from Europe to the US. Otherwise it's rather difficult to get to SV.

Wouldn’t low engineer salaries encourage more startups in Germany? Relatively cheaper labor pool if the talent is good enough for Silicon Valley companies.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#172

Earlier quoted context omitted.

This is a continuing misrepresentation of a grim reality. The entirety of the US armed forces, in all of its "ongoing contingency operations" (euphemism for combat) around the entire world, has lost less than 75 people over the period of the last several years. "We've only had 75 people die in active combat on domestic soil last year!" is not a great sales pitch for Ukrainian quality of life. "A very small area near…

Not really sure the point that you're trying to make here. You seem to be implying that anyone living anywhere in Ukraine (such as Kyiv) is under constant threat of getting bombed by Russia, while jjjei3 is saying that Ukraine is relatively safe. If you're so sure its so dangerous there, maybe you can pull up statistics about number/rate of shooting deaths there compared to the US?

I think what you're doing is called "sea-lioning" online. I mentioned numerous ways in which living in Ukraine misses basic first-world standards. Then you come along and say, no-no-no, you need to demonstrate this other statistic that I find more interesting.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#173
post #95

Earlier quoted context omitted.

I'm cynical because apparently reigning in spending can be done instantly, but handing out bonuses, raises or equity seems to be a very long and difficult process involving a lot of some-day-soons and any-day-nows and then perhaps-next-years.

Indeed, it's easy for the execs raking in top salaries to say "everyone cant get raises now", yet when the profits roll in they don't reverse course and now your salary is deflated by one or more annual cycles of non-adjustment. This is a permanent deflation of your salary vs pre-COVID expectations at this same company too. This phenomenon definitely has made me want to leave my job. I would consider myself the most…

> I would consider myself the most important member of my team but would guess I am making a median salary on it

so either you're not as important as you think you are, or you're being ripped off salary-wise. Both are reasons to move tbh.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#174

Meanwhile, EU salaries are stagnating and it's one of the worst places to be a software engineer. An average salary for a software developer in Germany was 46000 Euro per year in 2020, and don't forget, it's one of the richest countries in Europe. The average in EU is even lower... After paying taxes a single person with that salary will only have 2400 Euro per month (~ 2800 USD). The guy who cleans our house in Germ…

LOL. Is that the Ukraine that has an active war zone, multiple provinces annexed and mostly abandoned by Russia, and a comedian who played a president on TV... actually serving as president? The Ukraine that's mostly used as a punching bag in disputes between other countries? If someone would rather live in the third most corrupt country in the world than in Germany, well, they can have it.

After tax income for software engineer in Ukraine and Germany is about the same and Ukraine is much cheaper place to live. Most of the country is pretty nice and corruption will most likely play in your favor (small bribe for speeding) if it affects you at all.

I was amazed at how low quality of life is for engineer in Berlin where all you can afford on avg salary is shoebox, you have to look at prices when shopping for food and raising family on one income is very hard.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#175
post #84

Earlier quoted context omitted.

The competition for these roles is extremely intense. Even doing well isn't sufficient in pandemic times. The baseline of prepping every night + weekend for 3+ months still isn't enough to guarantee you'll get in. Get unlucky and join an org like Ads at FB and you're gonna be miserable AF. Add in the general huge amount of luck that is involved with what interviewer you get, the hiring environment going on, and it's…

What's so miserable about working on Ads at FB?

Ads org is big but the general take I get is - the WLB is bad and there is a lot of pressure to deliver. I'll quote blind too: "It's great. Satan himself writes your evals."

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#176

Earlier quoted context omitted.

LOL. Is that the Ukraine that has an active war zone, multiple provinces annexed and mostly abandoned by Russia, and a comedian who played a president on TV... actually serving as president? The Ukraine that's mostly used as a punching bag in disputes between other countries? If someone would rather live in the third most corrupt country in the world than in Germany, well, they can have it.

After tax income for software engineer in Ukraine and Germany is about the same and Ukraine is much cheaper place to live. Most of the country is pretty nice and corruption will most likely play in your favor (small bribe for speeding) if it affects you at all. I was amazed at how low quality of life is for engineer in Berlin where all you can afford on avg salary is shoebox, you have to look at prices when shopping…

Speaking from family experience, here's what actually happens: someone driving an expensive car drunk hits you. Then they pay a small bribe and get away with impunity.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#177

Earlier quoted context omitted.

>The guy who cleans our house in Germany without any education (an African refugee) makes more money than that Another way of framing this is that Germany is successfully combating inequality, right? Professional-managerial class incomes and lifestyles aligning and sometimes inverting with working-class incomes is sort of the point.

But that's ridiculous - many many years of continual study and professional development are required to be a developer - with lots of it happening of the job in the developer's education and personal time. About a week of on the job training is required to go from an entry level cleaner to an experienced cleaner.

Depending on who you ask, income inequality and returns to education/skill are anywhere from closely related to the same fact.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#178
post #21

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Is the rest RSUs? Only a select few that work for big publicly traded companies get to benefit from those...

Working for small and privately held companies implies a major opportunity cost

I worked for a small private company for a number of years immediately post dot-bomb (not as a developer). It was a great job in many ways but not with respect to comp. It did lead to my current position which has been good. Everything has to be viewed in the context of career/life and alternative possibilities.

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#179
post #70

These numbers are ridiculously low. Here is what a typical FAANG setup pays you in the bay area (Source: I have worked in a couple of them): IC5 Eng (~5 yrs exp): $350k/yr all in (cash+stock+bonus) IC6 Eng (~9 yrs exp): $550k/yr all in IC7 Eng (~12 yrs exp and you are exceptional): $800k/yr As you go from IC5 to IC7, your stock and bonus goes up (as expected). A typical IC7 will earn around $250k in cash, ~25% bonus…

L7 is rare though, and most of them have more than 12 YOE (or maybe they have 12 YOE at the company). Levels.fyi seems to only have 38 data points for FB for example ( https://www.levels.fyi/company/Facebook/salaries/Software-En... ) and 47 for Google ( https://www.levels.fyi/company/Google/salaries/Software-Engi... ) vs. 490 and 457 L5 entries. It's probably safe to say if you get to L7 you're in the top 5% of engin…

What does EM stand for? Something with management, I presume?

Re: Silicon Valley stays on top as tech salaries climb across U.S.

#180

Earlier quoted context omitted.

After tax income for software engineer in Ukraine and Germany is about the same and Ukraine is much cheaper place to live. Most of the country is pretty nice and corruption will most likely play in your favor (small bribe for speeding) if it affects you at all. I was amazed at how low quality of life is for engineer in Berlin where all you can afford on avg salary is shoebox, you have to look at prices when shopping…

Speaking from family experience, here's what actually happens: someone driving an expensive car drunk hits you . Then they pay a small bribe and get away with impunity.

In Germany you don't even need money to only get probation for such a deadly crash incident:

https://translate.google.com/translate?sl=de&tl=en&u=https:/...

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