They're not paying $80k, they're paying $80k plus an equity lottery ticket that hopefully has a chance of being worth millions.
Ask HN: How come YC startups offering <80k$/year?
101–110 of 200 posts
Re: Ask HN: How come YC startups offering <80k$/year?
#102Chance to get equity instead?
Re: Ask HN: How come YC startups offering <80k$/year?
#103> this salary wouldn't attract strong talent even in medium cost-of-living countries (like portugal/spain). median salary for a developer in Spain is $30,000 a year[1], so 50-80k would easily place them in the upper 10% of the scale. I think americans need to really reflect on how inflated american dev salaries are. [1] https://www.payscale.com/research/ES/Job=Software_Developer/...
Re: Ask HN: How come YC startups offering <80k$/year?
#104Earlier quoted context omitted.
In my experience the social safety net doesn’t really matter for highly skilled workers making hundreds of thousands of dollars per year. In terms of violence you’re statistically unlikely to be the victim of violent crime in the US as an upper class white collar worker.
It doesn't matter until it ends up mattering. Contracting an illness that prevents you from working and needs medical supervision can be life-ruining if your social security, etc. is tied to your employment.
Re: Ask HN: How come YC startups offering <80k$/year?
#105Yikes. Those are (central) European numbers, but we get free insulin, free dentistry and free brain & heart surgery, several mandatory weeks of paid time off and months of notice period. I guess the 100k or even 200k, or 300k starting meme finally died at a time of record inflation no less.
Other than the months of notice period, American tech workers get all of those things.
Average-case tech workers certainly do not get several mandatory weeks of PTO. And the co-pays on their healthcare are also quite often "meh" (specifically, well short of 100 percent).
Re: Ask HN: How come YC startups offering <80k$/year?
#106Earlier quoted context omitted.
I think many Europeans can't imagine moving to the US (higher work load, less social safety, higher violence) and employers well know it and can keep salaries depressed.
In my experience the social safety net doesn’t really matter for highly skilled workers making hundreds of thousands of dollars per year. In terms of violence you’re statistically unlikely to be the victim of violent crime in the US as an upper class white collar worker.
Look at all the top surgeons and hospitals in the world for everything from neurosurgery to cancer treatment. They're all in the United States. The median level of care might be much better in Europe but they are behind when it comes to cutting edge treatments, rare diseases, and so on.
Re: Ask HN: How come YC startups offering <80k$/year?
#107Earlier quoted context omitted.
North of $70K is still a ways away from $100K+ and I'd love to see which companies we're talking about here because that's not the news that reaches me from Spain. Rather the opposite.
70k in Europe is totally comparable to 100k in US though and is a pretty comfortable salary in Europe. Even if life is a little more expensive in Europe, you don’t need as much emergency savings as in the US.
Re: Ask HN: How come YC startups offering <80k$/year?
#108An example from today was a YC company and they had an ad on the front page. https://deep-ivy-ltd.breezy.hr/p/055a500d0e8701-ml-research-... 45-60k ● Very strong Python skills, with deep expertise in PyTorch, TensorFlow or JAX ● Very strong skills in recursive programming. Check out the Ivy Container class 45-60k would be a Wordpress developer in my opinion, I'd imagine deep expertise in ML cost a lot more.
As they none-too-delicately state in the same blurb: "We are hiring worldwide." So clearly that's what they're aiming for.
Re: Ask HN: How come YC startups offering <80k$/year?
#109Earlier quoted context omitted.
As they none-too-delicately state in the same blurb: "We are hiring worldwide." So clearly that's what they're aiming for.
But they are not hiring worldwide. Their openings clearly state: UK (and remote, within UK). So, I don't understand how they are hiring in the UK with such low salary ranges
By default these job boards seem to often be clusterfuck operations, with everyone shoving random detail into the reqs and no one there to curate the resulting message.