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?
8 years of experience, doing mostly frontend dev, some UX design, and occasionally some full-stack. Rule of thumb: Whatever you were making as a full-time employee, divide your annual salary by 2,000 to get your hourly rate, then multiply by 2-3x to cover your overhead costs (rent, equipment, health insurance), as well as client uncertainty (won't pay (on time), time between projects, etc.). Contracting for public te…
My salary as a full-stack developer
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Re: My salary as a full-stack developer
#112>I hadn't really thought about my price fascinating
But when I needed to log my hours, yes – this got me thinking about my hourly price. Because now I just don't do a flat $6k invoice every month, but have to present the hours...
Re: My salary as a full-stack developer
#113If you are paid hourly and it is that low why on earth would you want to be a contractor?
Re: My salary as a full-stack developer
#114I think it's pathetic to moan about your salary in some Hacker News plea for sympathy. It's a free market, there's a million job ads, recruiters and what else. If you are worth $500k/year, you'll get $500k/year. If you can't take $500k/year either coze you're incapable of putting up with the job requirements or you're just incompetent in general, that's entirely on you. You're not starving. Just penible.
And it was super helpful, really. After reading the comments, I had a call with the startup this morning and here's the result: https://news.ycombinator.com/item?id=27140093
Re: My salary as a full-stack developer
#115Re: My salary as a full-stack developer
#116I'll go on a tangent to most of the comments I read here. In my opinion it's mostly based on your location. Some would say it shouldn't and I tend to agree, unfortunately it usually is. In the US your rates are (no offence) laughable, and not even taking SV rates into account. For some parts of Europe they would be far too low (e.g. Scandinavia). For some parts of Europe (eastern mostly, e.g. Poland where I work) the…
There are two sides of me when I think about the salary and location:
1) you write code and produce stuff and it doesn't matter where you live. you can live anywhere you want, just do the job and get paid. from that POV it seems weird to think that one person gets a lot more money than the other for the same output, the same work
2) another POV in me is that your costs are different depending on where you live. so while the salary's number on paper can be the same for people working from different countries, the "worth" of the money is different.
But mostly I tend to agree with POV number 1 I think.
Re: My salary as a full-stack developer
#117Re: My salary as a full-stack developer
#118I then started charging 100$/hour and I got better results when looking for clients, ended up being more respected by those same clients and was less overworked so happier overall.
Over the last 10 years, I've steadily increased that rate until it's now 300$/hour. I don't charge that all clients, in some cases I worked for a lot less in exchange for equity (which has proven to be a very good idea) but having a high rate allows me to have the flexibility to offer that with some clients.
Re: My salary as a full-stack developer
#119Is 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…
Re: My salary as a full-stack developer
#120Earlier quoted context omitted.
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 com…
Ah, sorry, I thought the tilde made it clear that "13%" was the approximate result of a calculation.