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My salary as a full-stack developer

remotehunt.com

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Re: My salary as a full-stack developer

#101

Post by imustbeevil »

lostmsu wrote: post #96
imustbeevil wrote: post #85

Earlier quoted context omitted.

Says 22% here: https://www.nerdwallet.com/article/taxes/federal-income-tax-... Certainly with the way brackets work they're only paying 22% on anything between ~40K and 72K.

You don't seem to understand how the progressive taxation works. In U.S. you pay 0 tax on first ~20k income, 15% on the next 35k, 22% on next 40k and so on (random numbers). The 22% is what you pay on anything above 55k in this example. But for the first 55k you pay only 20k * 0% + 35k * 15%=5250, e.g. 9.5%

Not sure how you missed the second sentence, or why you would use made up numbers in your response when I provided the brackets.

In the U.S., as a single filer, you pay 10% on your first $9,875, 12% from $9,876 to $40,125 and 22% from $40,126 to $85,525.

It does end up at 13% of $72K, assuming the $10K standard deduction. Since only the initial percentage was posted, no one would have any way of knowing if it was coming from the total calculation or anywhere else.

Re: My salary as a full-stack developer

#102

Post by jorkro »

Jenk wrote: post #35
paxys wrote: post #29

Earlier quoted context omitted.

To me it's bizarre that a contractor wasn't logging their hours in the first place, so it sounds more like fixing their earlier mistake rather than something malicious.

Meh. Most contracts are day rate, and effectively fixed-term salaries.

Most contracts where? Contractors I've hired were generally paid by the hour.

I'm based in The Netherlands.

Re: My salary as a full-stack developer

#104

Post by misterremote »

bluefirebrand wrote: post #41

Are those pre-tax and post-tax numbers correct? That's a tax rate of almost 50%, which sounds nuts. You should definitely be getting more than 37 USD/hour as a contractor. That's wildly low.

They're correct! But I forgot to mention I'm in Europe not in US. So yeah, I pay around 50% for taxes (biggest of them is social security tax of around 30%).

Re: My salary as a full-stack developer

#105

Post by misterremote »

terminalserver wrote: post #63

This feels like a somewhat disingenuous promotion for the remote hunt website. Is it real or not?

Sorry if that looked like this for you. It's 100% real. And today I had a call with startup. I had some numbers to back me up now with HN comments.

But they basically said that they don't have any more money to pay me, so we just need to get by with what we have as a team.

I was like, what should my motivation be in this? It's not my startup...

Re: My salary as a full-stack developer

#106

Post by misterremote »

nerbert wrote: post #54

It does not answer the question he asks but if he’s as good as he says, he can just refuse to log his hours.

But I can't. I mean... okay I can. I can just say: "no, I don't track my time for you. this is who I am and I just don't track time."

And then they ask: "why?". What should I say then? :|

Well, there are a few real reasons why I don't want to track my time:

1. I just don't like to track time. I know that I'm good at what I do and can finish tasks very quickly. I guess it's a bit like my ego thing I admit. I somehow hate when people measure my every minute...

2. Some days I work very little. Just a few hours maybe. But I do everything that's asked of me. It's just I can finish the necessary things really quickly. And I don't want them to know that. Because then they say: "you are working only 2h per day and you should be working 8h per day".

Re: My salary as a full-stack developer

#107

Post by misterremote »

yurishimo wrote: post #11
misterremote wrote: post #2

Is my salary fine or should I ask more? I feel like I should ask more. Would be helpful to hear about your salary and hourly price?

Given your current tax burden, $3k/mo take home is a joke. I'm in a similar position as you, Laravel/PHP dev working on a highly specialized platform and my take home is a bit over $6k/mo after taxes (in Texas) with full benefits. I have to track my hours because I work for an agency that bills it's time to clients, but for the most part, I'm working on one/two Jira tickets in a day so it's fairly manageable. 4 hours…

Thanks for a great comment! Seeing your comment and other encouraging comments here on HN, I had a call with the startup this morning.

I basically said: "Now that I have to log my every hour, it got me thinking about my hourly price. Some of my friends (actually referring to HN people as you understand here) are making $250/h. I'm making $37/h. Are we able to increase my price?"

And they basically said: "We don't have any more money to pay you. Yes, I too can see some of my friends with nicer houses and clothes, but so what. We're building this startup and we all make sacrifices."

Well, they do offer me a percentage after a few years, but the company isn't worth anything right now, so this does not motivate ma at all. They own 99% of the company anyways.

And this is what I said to them. And they told me to come back in a few days and see if there are any other arrangements we can make (like give me a part of the company or something like this).

I don't now. Let's see what they say, but probably I'll need to start looking for something else.

Re: My salary as a full-stack developer

#108

Post by misterremote »

david927 wrote: post #3
misterremote wrote: post #2

Is my salary fine or should I ask more? I feel like I should ask more. Would be helpful to hear about your salary and hourly price?

That salary is a gigantic joke and you should immediately start looking elsewhere or be clear that for that salary you expect to work for about 10 - 20 hours a week, flexibly.

Thanks for this. I had a call with the startup today (see my comment above).

Re: My salary as a full-stack developer

#109

Post by misterremote »

moshmosh wrote: post #74
misterremote wrote: post #2

Is my salary fine or should I ask more? I feel like I should ask more. Would be helpful to hear about your salary and hourly price?

Your rate would be about normal for someone just starting out in their career, in a 3rd- or 4th-tier city with a local employer. On salary, not contract. So give them another, oh, $15-20K/yr to account for 7.5% employer-paid FICA and benefits. IOW it is very, very low for a contracting rate just about anywhere in the US. It's under normal for a junior in flyover country. If you're getting a bunch of free time out of…

Thanks! I had a call with the startup today about my price (see my full comment above).

But basically they said they don't have any more money and we should all work with what is possible right now.

Wat...

Re: My salary as a full-stack developer

#110

Post by misterremote »

wooque wrote: post #77
misterremote wrote: post #2

Is my salary fine or should I ask more? I feel like I should ask more. Would be helpful to hear about your salary and hourly price?

It's fine if you are in Eastern Europe or something like myself, I have ~$5400 monthly salary (don't log hours, so don't know hourly rate, also logging hours is a red flag for me). But if you are in the US that is very low for your experience. Also look into lowering taxes, 50% is super high. I manage to pay low (flat) tax in my country because I registered self-proprietorship/registered entrepreneur company and have…

Thanks! Just curious why logging hours is a red flag for you?

Well, I myself hate logging hours. But I think it's a personal issue of mine.

In short, it's maybe my ego thing. I somehow hate when people measure my minutes. I know what I do and I can manage any task they give me, quickly. But I hate when someone asks: "how many hours did you exactly work yesterday".

I finished all necessary tasks and a bit more :D like what's your problem with my hours?

But I know. I can be a complicated person in that sense...

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