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

Post by legerdemain » Thu, Mar 04, 2021, 2:41 AM UTC

dfadsadsf wrote: post #194

legerdemain wrote: post #172

Earlier quoted context omitted.

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.

100 people were murdered in Chicago in July (just one month) last year so does it mean US as a whole is dangerous? No, my suburban town had zero murders for last 4 years, there was one homicide in 2016 (domestic dispute) and then no murders for 10 years before that. On the other hand it’s unclear which one is safer - South Chicago or Kabul. Donbass in Ukraine is dangerous and a no go war zone. Downtown Kiev/Lviv are…

Post by zuhayeer » Thu, Mar 04, 2021, 2:50 AM UTC

tonfa wrote: post #142

zuhayeer wrote: post #30

One of the founders of Levels.fyi here – wish we were cited on here too! But we also did a pay report for 2020 with a breakdown of companies and locations which was covered in another IEEE post: https://spectrum.ieee.org/view-from-the-valley/at-work/tech-... In our report, we account for total compensation including equity. Feel free to check it out: https://levels.fyi/2020/

(really like the site) sidenote, it's a bit hard to access aggregated data, I always have to click bunch of things if I want to see e.g. distribution of salaries for role in switzerland. (all the default views seem to show just a list of entries, I think you first have to pivot to company, then to location before you can see any aggregated data)

Post by ryandrake » Thu, Mar 04, 2021, 2:55 AM UTC

ska wrote: post #42

lacker wrote: post #19

Earlier quoted context omitted.

That number is too high. If you restrict to the FAANG companies, though, it is only a small overestimate. See https://www.levels.fyi/ and select Google. There an L5 represents an "experienced" engineer with at least 4-5 years of experience, and total comp is $350k. Apple, Amazon, Facebook, and Microsoft are similar.

> If you restrict to the FAANG companies, But then you are talking about a small minority of even SV salaries, and a tiny minority overall. The real issue as noted elsewhere is that the distribution is at least bimodal, and many conversations get derailed by confusion around this fact.

Post by kurko » Thu, Mar 04, 2021, 2:59 AM UTC

hackerfromthefu wrote: post #161

closeparen wrote: post #146

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.

Post by higerordermap » Thu, Mar 04, 2021, 3:16 AM UTC

dcolkitt wrote: post #55

sharkweek wrote: post #52

I cannot believe how high tech salaries are right now in my city (Seattle) versus even three years ago the last time I had a "real" job. What would have been a low 100s salary three years ago is easily pushing over 200k now. This is all well and good except for when one of those folks tries to go to buy a house here and is outbid by 15 people all offering cash with 200k in escalation clauses...

It's incredible to me that most of the surplus wealth generated by all of humanity's innovation in the 21st century has basically accumulated to property owners in the Bay Area and Seattle. This is only a slight exaggeration.