351–360 of 609 posts
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Be aware that if you include the taxes and mandatory insurances you have to pay (and your employer has to pay), you'd usually pass the six figures easily. It's easy to be a millionaire if the state takes fuck all from the paycheck.
47k net on 90k salary in Denmark. You guys have it insanely good and you dont even know it.
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No, I don't get a less stressful life, I'd get a much more stressful one. One, maybe two years I earn a lot, and then 2-5 years next to nothing. I must plan my life according to the needs of my mental health, not fiscal calendars of some social engineers who can't understand that one size doesn't fit all and can seriously hurt some people (yeah, even those who earn a lot some years are still just humans, and sometime…
> And it's a life where I am forbidden to do useful things that others want me to do and I am willing and able (which is not always, or often) - just because someone said "you did enough in this arbitrary period of time, give us your money or don't do it at all". No you're not. You're free to do whatever you like. You just won't receive as much money in return as you would otherwise have done. > From the beginning wh…
You say no and then you say the same thing I said, lol.
> It was you who said further up the thread that would choose to work less.
No, I said your idea would force me to work less and I also said that it'd have a serious negative impact on me and my health.
>the average tech worker’s salary [will] reach $104,566 in the U.S. — a 6.9% increase since 2020, the report found. But inflation is over 11% since 2020. This isn't an increase. The average tech worker is making less than they were 2 years ago according to the Dice salary report. Why do tech workers feel underpaid? Many companies posted record growth and profits over the pandemic, but still give out paltry 3-5% raise…
> Meanwhile for those that have the time and willpower to grind leetcode, they know they can command a 20-40% raise every few years. One thing a lot of people forget about this 20-40% number is: It's only true early in your career. It might be hard for younger folks to believe, but you will all hit a ceiling and plateau. My first job hop was for +50%! The next one was about 40%, the next one 15%, and so on. Now, with…
So, I believe it is still possible but it is a very different skill set and does become difficult. Transitioning to management train sometimes is more efficient and then it’s a whole new skill set to progress there.
I will admit though - it does taper off and opportunities do become fewer. But, still, you’re making $500k+ by the time you’re on the really difficult track and that’s a pretty healthy amount. (Still might need a partner to comfortably afford a house in SV but that’s another discussion)
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American cities don't ban housing construction (the one exception being San Francisco/Bay Area). Every other major US metro (literally everyone except SF) has been experiencing a massive housing construction boom for the past ten years straight now.
This isn't true. Most major metros are experiencing a serious housing crisis right now. We see similar problems to SF here in Somerville and Cambridge, albeit to a lesser degree. There's certainly not enough being built to keep pace with demand. The suburbs around us are even worse.
"Boston saw a historic building boom during the seven years (2014-2021) that former mayor Marty Walsh, a former construction union leader, occupied City Hall. The city’s skyline transformed, and continues to do so. Tens of thousands of new units of housing were created. An entire neighborhood rose from the ground." - https://www.boston.com/news/politics/2021/07/19/boston-mayor...
> Most major metros are experiencing a serious housing crisis right now.
Completely agree. But your reasons are off. Most high prices have literally nothing to do with supply or demand in any traditional (person-based) sense. Boston certainly fits that model -- it's price problems have nothing to do with any shortage in construction (construction is booming) or 'housing ban' (obviously there's no meaningful ban, because construction has already happened in large numbers for over a decade)
>the average tech worker’s salary [will] reach $104,566 in the U.S. — a 6.9% increase since 2020, the report found. But inflation is over 11% since 2020. This isn't an increase. The average tech worker is making less than they were 2 years ago according to the Dice salary report. Why do tech workers feel underpaid? Many companies posted record growth and profits over the pandemic, but still give out paltry 3-5% raise…
you know, I'd be very curious what kinds of radical interview approaches teams have considered to break out of the LC mold. A little LC is useful in an interview situation, if an engineer can't do a simple 20-30 line coding problem or reason over the constraints/design space - then there is a good chance that they will need help with core coding in the day to day (which may not be a deal breaker in every employer). A…
Take homes can get a bit out of hand because candidates can choose to spend too much time (12 hours on something that "should" take 2 hours) out of desperation (or perhaps simply not having a life) if the primary criterion is the completeness of the solution. I think it works best if the solution or partial solution is used as something to have a conversation about in the next interview. For instance, the applicant can explain their lack of unit tests by providing their reasoning for relying more heavily or entirely on integration tests as the system relies too heavily on an external service.
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If only America's productive cities did not ban building more housing..
American cities don't ban housing construction (the one exception being San Francisco/Bay Area). Every other major US metro (literally everyone except SF) has been experiencing a massive housing construction boom for the past ten years straight now.
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> Engineers in those big tech companies are very protective towards those processes as well, and loudly protest if one would try to change them (complaining about lowering the bar, not hiring top tier talent anymore, etc.). Hazing is a feature of almost every organization that is regularly recruiting new members.
Is it though? Seems pretty specific to the tech industry (and some others). Never heard that there were crazy interview rounds for experienced lawyers, marketers, project managers, even other non-tech engineers. After a certain amount of experience, people assume from your resume that you are not an impostor and interviews are mostly about motivations / behavourial fit.
I worked in a law firm for a while, and didn't see the 'daily scrum/standup' thing done, even when multiple lawyers were working on the same case. They would certainly have regular meetings, and direct support staff to do certain things.
I was only a delivery/courier person, so certainly wasn't privileged to hear every case detail, but I was friends with someone whose mom was effectively the office manager. She knew most practical details about the cases - court dates, filing dates, parties, procedures, etc, but would never dream of telling any of the lawyers how to lawyer. She might remind them of due dates, but she didn't set the dates either - the courts did that.
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> The money we make pales in comparison with the size of our contributions to the company. That's unfortunately not how markets work. If you create 10M of value every year, and are only paid 250K for doing it, it's because there is someone else out there who is willing to do it for the same. (Yes, there are asymmetries in information and power, but broadly, tech salaries are market-driven)
If you're able individually as a sole contributor to create 10M of value, sure, off you go, quit you job to go solo and generate all that sweet revenue for yourself. It turns out someone identifying a market opportunity, getting funding, renting office space, hiring HR, infrastructure, service and support personnel, product designers, QA, sales, etc, etc all costs a surprising amount of money and effort that for some…
A solid article, but it should have commented on single family home prices. If you use the 3x salary rule, a $120k a year techie couldn't afford the median home price in America ($374k). A software engineer in San Francisco would have to make $526k a year in cold hard cash to reasonably afford the median single family home ($1.58 million). Talking about six figure salaries as if they are unquestionably upper-middle c…
Where does 3X salary rule come from?
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Those would also be quite uncommon, but I have seen them. Usually for Oracle or someone I wouldnt want to go with. Most tech lead roles I've seen topped out at £90k.
£100K should be bare minimum for a software engineer with a few years of experience in central London in 2022. 3 bed terraced houses with access to good schools, 50-60 minutes out central, sell for £1M, so if you're entering the area want a family you really want a household income of £200K+.