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Ask HN: Strategies to land fully remote $250k+ job

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Re: Ask HN: Strategies to land fully remote $250k+ job

#271

Post by randomopining »

throwawaywork14 wrote: post #128
randomopining wrote: post #107

Earlier quoted context omitted.

What’s your strategy if the 2nd job is more time-consuming than you hoped for? Quit within a month? Or do you only go for part-time contracted stuff, so you can prioritize your original job and then fill in the gaps with paid productivity at the part time gig?

I would make sure the contract work is a skill area you are very comfortable with. Since it is only a contract, I wouldn’t necessarily be opposed to leaving that quickly. But I would prefer to stay for 3-6 months at least. I originally was going to try to do the full overemployed suggestion of two full time jobs but it’s much harder. If you can find two jobs that have zero meetings. Go for it. With one being contract…

Yeah the thing is, if your current job has random meetings that pop up from time to time or if they change the recurring time of your scrum or something…. And it overlaps with the 2nd jobs scrum, then you’re pretty much screwed.

Re: Ask HN: Strategies to land fully remote $250k+ job

#272

Post by yeswecatan »

pembrook wrote: post #167

If you're inside the US, just apply to any private unicorn or public tech company (the ones that get media coverage). Anecdotally, roughly 50% of them are now cool with full remote and virtually all will pay 250k or more in total comp. If you're outside the US, forget about salaried roles. I've found that a vast majority of companies mentioned above will have blanket policies against hiring non-US workers (most HR de…

I just received an offer from a unicorn where over a third of my total comp are ISOs. After reading many posts here about the number of ways they can be worth $0 even in the event of an IPO, I'm not so sure I want to accept.

Re: Ask HN: Strategies to land fully remote $250k+ job

#273

Post by dyeje »

1. Fill out your LinkedIn profile with keywords related to the job you're looking for. This gives you inbound leads. Discuss comp on the first call.

2. Practice LeetCode.

3. Practice system design.

4. Come up with compelling anecdotes in the STAR format for the common behavioral questions.

5. Use levels.fyi to target applying to places that will meet your comp expectations.

6. Keep going. Practice makes perfect.

Re: Ask HN: Strategies to land fully remote $250k+ job

#274

Post by moooff »

This is very hard in Germany or not possible at all (beside maybe FAANG).

I have a PhD in Machine Learning (including Papers at SIGKDD / ECML / ACL etc.) as well as relevant working experiences and it is just not possible to get this numbers. I tried really hard to get something that pays this well (beside FAANG) that hire here because i can not move (family stuff).

I once talked with Google and Amazon Research (before Covid) and they told me no remote only (thats why i skipped them for now). Did this policy changed?

Re: Ask HN: Strategies to land fully remote $250k+ job

#275

Post by ghaff »

tyingq wrote: post #20
ayoubElk wrote: post #3

An alternative scalable way is to switch from a full time job to becoming a freelancer/consultant and set your own rates. In order to be able to land high paying projects as a consultant, you would need to showcase your skills somehow (open source, portfolio, etc...). This can happen later on though and as a start the easiest way would be to ask for referrals and make it known to your network that you're looking for…

Keeping in mind things like self-employment tax, health insurance, sick days, vacation, 401k matching, liability insurance, and so on. That is, don't take your billable rate * 2080 hours/year and compare that as apples-to-apples.

Furthermore, relatively few consultants have an endless stream of work that allows them to just work as much or as little as they want to each week. And, even if they do, some non-trivial percentage of even their working time is going to be non-billable hours related to administration, education, running errands, etc.

Re: Ask HN: Strategies to land fully remote $250k+ job

#276

Post by baobabKoodaa »

deagle50 wrote: post #210
baobabKoodaa wrote: post #194

Earlier quoted context omitted.

> at least as good as getting cash This claim is patently false. If you receive $100k in cash, you can immediately exchange that to $100k in public company stock. The opposite is not true (if you receive stock with a vesting period, you cannot immediately exchange it to cash). Therefore, getting cash is at least as good as getting public company stock, not the other way around.

As soon as your RSU vests, you can sell it for cash. Most companies offer an auto-sell option that works even during restricted windows. With a good vesting schedule, it's almost identical.

Sure, almost identical, but in the direction where cash is always AT LEAST AS GOOD as stock. Not in the other direction.

Re: Ask HN: Strategies to land fully remote $250k+ job

#277

Post by rco8786 »

intuitionist wrote: post #197
rco8786 wrote: post #149

Earlier quoted context omitted.

Incredibly untrue. I’m sorry that your particular company saw a 60% decrease in stock price over 3 years. But this is not the norm for any reasonably healthy company.

I think many people on HN may be too young to remember the early 2000s, when you’d kill someone for your stock price to be down only 60% over 3 years, but it absolutely happens to good companies too.

We can talk about normal expectations without having to explicitly state that black swan events can happen. If you took a stance of “I’m not going to take any pay in equity because I saw what happened in 2001” you would have left millions of dollars on the table over the last 20 years.

Re: Ask HN: Strategies to land fully remote $250k+ job

#278

Post by baobabKoodaa »

jnwatson wrote: post #254
baobabKoodaa wrote: post #194

Earlier quoted context omitted.

> at least as good as getting cash This claim is patently false. If you receive $100k in cash, you can immediately exchange that to $100k in public company stock. The opposite is not true (if you receive stock with a vesting period, you cannot immediately exchange it to cash). Therefore, getting cash is at least as good as getting public company stock, not the other way around.

At least at Google, you get vested shares every month, and you start receiving them in about the 3rd month. You can also have your broker automatically sell. It is pretty close to cash.

> It is pretty close to cash.

Sure, but specifically in the direction where cash is always at least as good as stock, not in the other direction.

Re: Ask HN: Strategies to land fully remote $250k+ job

#279

Post by baobabKoodaa »

alisonkisk wrote: post #204
baobabKoodaa wrote: post #194

Earlier quoted context omitted.

> at least as good as getting cash This claim is patently false. If you receive $100k in cash, you can immediately exchange that to $100k in public company stock. The opposite is not true (if you receive stock with a vesting period, you cannot immediately exchange it to cash). Therefore, getting cash is at least as good as getting public company stock, not the other way around.

When you get an offer of $100K cash + $100K in stock, that's before appreciation. So 3 years from now your equity is appreciated but your cash is not, so you get $225K in cash equivalent.

This is false. If you immediately exchanged your cash to stock (as I specified in the post that you are replying to) then 3 years from now your "cash" option is worth exactly the same as your "cash + stock" option.

Re: Ask HN: Strategies to land fully remote $250k+ job

#280

Post by rco8786 »

moneywoes wrote: post #212
baobabKoodaa wrote: post #194

Earlier quoted context omitted.

> at least as good as getting cash This claim is patently false. If you receive $100k in cash, you can immediately exchange that to $100k in public company stock. The opposite is not true (if you receive stock with a vesting period, you cannot immediately exchange it to cash). Therefore, getting cash is at least as good as getting public company stock, not the other way around.

Are the tax implications the same?

You’re taxed on the stock value as W2 income at vesting time. So more or less, yes.
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