Ask HN: Strategies to land fully remote $250k+ job • Hacker News Board

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

#331

Post by BrandoElFollito » Sun, Dec 19, 2021, 6:48 PM UTC

kileywm wrote: post #221

BrandoElFollito wrote: post #196

Earlier quoted context omitted.

In France you get 5-8 weeks of vacation that are counted in addition to the official days off. In general you work 272 days a year and the rest is vacation and days off (this is also the reason we get a different amount of days off every year). I have about 40 working days off, of which the company can choose the dates of 10.

272 days is very high. Full time work in the US with 0 vacation (typically is 10-20 days) and 0 company holidays (typically is 5-15 days) is 250 days. Perhaps you mistyped?

Oh yes, sorry - I meant 227 (too late to edit)

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

#332

Post by siscia » Sun, Dec 19, 2021, 6:50 PM UTC

sys_64738 wrote: post #312

bitcharmer wrote: post #129

Earlier quoted context omitted.

Sadly, going for equity in these scenarios is a mine field and almost never as profitable as advertised by the employer.

The trick with equity isn't about making it big at IPO. That rarely happens for most. Go to an established company that does stock RSUs and if you prove your worth the the RSUs will follow. They can be worth a lot from established "boring" companies.

Can we make an example of those "boring" companies?

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

#333

Post by BrandoElFollito » Sun, Dec 19, 2021, 6:51 PM UTC

Msw242 wrote: post #291

kileywm wrote: post #221

Earlier quoted context omitted.

272 days is very high. Full time work in the US with 0 vacation (typically is 10-20 days) and 0 company holidays (typically is 5-15 days) is 250 days. Perhaps you mistyped?

Don't they have a 4 day work week in France?

No we don't. We have a concept of "35 hours of work per week" but it gest complicated once your time is not metered per the hour.

People whose work is counted in days get special "extra vacation days to catch up" (this is more or less the real name), around 15 per year I think.

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

#334

Post by paulcole » Sun, Dec 19, 2021, 6:51 PM UTC

lr1970 wrote: post #298

paulcole wrote: post #245

Earlier quoted context omitted.

Why in God’s name would you list them both? It’s a resume not a deposition. Your resume should make it easier for you to get your next job not harder . Be accurate when it comes to the truth but not necessarily the facts.

> Why in God’s name would you list them both? It’s a resume not a deposition. In the US resume fraud is a thing. Some companies like telecoms selectively check resumes for accuracy. Resume fraud can be a fireable offense.

(Essentially) everything’s a fireable offense in the US. And if you don’t get caught, there’s no risk.

If someone’s the kind of person to work 2-full-time jobs simultaneously then I think they’re the kind of person who’s OK hiding some of the facts on their resume.

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

#335

Post by damontal » Sun, Dec 19, 2021, 6:57 PM UTC

lr1970 wrote: post #298

paulcole wrote: post #245

Earlier quoted context omitted.

Why in God’s name would you list them both? It’s a resume not a deposition. Your resume should make it easier for you to get your next job not harder . Be accurate when it comes to the truth but not necessarily the facts.

> Why in God’s name would you list them both? It’s a resume not a deposition. In the US resume fraud is a thing. Some companies like telecoms selectively check resumes for accuracy. Resume fraud can be a fireable offense.

Aren’t prospective employers also able to check the credit agencies for salary information of applicants? I’d assume both jobs would show?

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

#336

Post by Remed » Sun, Dec 19, 2021, 6:58 PM UTC

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…

> Also, there's virtually zero non-American companies that pay those kind of salaries--save for a few select places like Singapore.

What Singapore companies offer US-level compensation? I was interested in relocating to Singapore a while ago but was unimpressed by salaries there.

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

#337

Post by rco8786 » Sun, Dec 19, 2021, 6:59 PM UTC

6gvONxR4sf7o wrote: post #262

rco8786 wrote: post #137

Earlier quoted context omitted.

I could not disagree more. Public companies will give you $X amount in stock. In writing. With specific vesting periods, etc. Obviously if the stock goes up or down so does your pay. But there’s no real way for companies to game this against you. Nearly Every highly paid SWE in the US takes a significant amount of their pay in equity. As an anecdote - I take around 70% of my pay as equity and so does everyone I work…

Public companies will sometimes tell you $X amount of stock and not tell you the number of shares, which is what actually matters. For the purposes of the offer, the dont generally use today’s market price as their price per share. In those cases, you can actually end up with less than is offered. And in pre-IPO companies that’s the norm, but that’s beside the point.

They will always tell you $X in stock, how else would they value it? But there will be a set date on which that $ amount converts to a number of shares, which then vest over time according to a schedule.

I have never seen an offer from a public company that has a # of shares attached to it. Only a dollar amount. Then it converts based on market value at conversion time.

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

#338

Post by rco8786 » Sun, Dec 19, 2021, 7:00 PM UTC

6gvONxR4sf7o wrote: post #318

rblatz wrote: post #286

Earlier quoted context omitted.

Every grant I received had exactly how the number of shares would be calculated. Typically a trailing 10 day average as of the closing on a specific date.

Same, but I have friends who have gotten royally screwed on this :(

And friends who have gotten lucky when a dip happens right around conversion time.

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

#339

Post by atlgator » Sun, Dec 19, 2021, 7:10 PM UTC

damontal wrote: post #335

lr1970 wrote: post #298

Earlier quoted context omitted.

> Why in God’s name would you list them both? It’s a resume not a deposition. In the US resume fraud is a thing. Some companies like telecoms selectively check resumes for accuracy. Resume fraud can be a fireable offense.

Aren’t prospective employers also able to check the credit agencies for salary information of applicants? I’d assume both jobs would show?

Income information on your credit report is self-reported. You will notice that your credit card company asks periodically if your income has changed. That’s where it comes from. It is also non specific, an estimate of total income from all sources not just wages on one job. Perhaps you are independently wealthy with multiple income streams. No one will no the difference.

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

#340

Post by nickjj » Sun, Dec 19, 2021, 7:12 PM UTC

karmajunkie wrote: post #240

nickjj wrote: post #229

Earlier quoted context omitted.

> yeah i was coming here to suggest this. LLC with the S-corp election will save you ass-tons in taxes Where did you hear that? No accountant I've ever spoken with mentioned it's worth setting up an LLC to save money on taxes as a typical set up where you're a solo developer who runs their own tech business. I mean, paying yourself less of a salary through an LLC is going to result in paying less income tax but it's…

i did it for years. You don’t pay employment taxes on dividends/distributions, just income taxes. so you’re still paying taxes on those but you’re saving 7.5% on the employment taxes side. maybe “ass-tons” is over selling it but coupled with business deductions you can take you can save quite a bit. the IRS may take a closer look at you if you’re taking less than half your revenue in W2 income but otherwise it’s perf…

> You don’t pay employment taxes on dividends/distributions, just income taxes

Did you have multiple employees? I think that changes everything, we're talking about a solo business owner in this case.

All profits from a single employee LLC get treated as income tax. Here's a quote from Intuit[0]:

> Single-member LLCs are disregarded entities. A disregarded entity is ignored by the IRS for tax purposes, and the IRS collects the business’s taxes through the owner’s personal tax return. Single-member LLCs do not file a separate business tax return.

This also applies to S-corp election. It's why a few accountants that I've spoken with have suggested that creating an LLC for tax savings as a solo business owner isn't worth it. It just complicates things for no real benefit. You have reduced liabilities but that's separate from saving money on taxes.

As you mentioned it would be a good idea to give yourself a reasonable salary as an LLC employee to not get audit by the IRS which is why you can't expect to hire a friend for $10 / year to instantly make yourself a multi-employee business.

[0]: https://quickbooks.intuit.com/r/structuring/the-single-membe...