121–130 of 238 posts
1. These salaries are for Bootcamp graduates, which means they'll be lower than someone with 5 years experience in programming. 2. These salaries are likely for the Bay Area, where a 1br apartment can cost you $3k+, and your tax rate will be 35% (state + federal). It's not comparable to places with lower tax rates and lower cost of living.
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Was it worth it with the huge increase in cost of living?
I'm from BC, so it was actually a decrease in the cost of living. Seattle had cheaper consumer goods, cheaper gas, less taxes and cheaper housing. SF is a bit more expensive, but houses cost about the same as Vancouver while rent is higher.
Doesn't anonymous sourcing of data like this likely introduce some significant biases?
I would think anonymous contribution is likely to yield more truthful information.
Honestly was expecting a lot more, considering the salaries people throw around on Hacker News. Using http://www.bankrate.com/calculators/savings/moving-cost-of-l... the adjusted value for $136,000 in SF to where I live in New York is a decent chunk less. Especially being in a DevOps/Systems role, and not a Software Dev one.
You shouldn't. Everyone lies about salary or includes their options at some fictions value as part of their compensation. The reality is that the number of people making over $200k is just not that many. Very senior people and directors of certain departments, sure. And you've got some $250k+ VIPs out there. Some. For everyone else, even those in the Bay Area, it caps around $180k, or $10k/mo after tax. Stay for long…
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It's because you live in Canada. Canadian devs get paid a lot less. $80k/yr CAD is typical for a sr dev there. I moved down to the USA for the big raise.
Was it worth it with the huge increase in cost of living?
And here I am, living in Germany and getting told that asking for 60,000€ p.a. as a software engineer with 11 years working experience is waaay too much for most companies. Only the big ones like Bosch, Porsche, Daimler (all non-IT companies) and a few other exceptions will pay enough for a sustainable life. At the same time we hear about regular reports about "shortage of skilled professionals" here in Germany, it's…
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$110K as a CTO does seem low to me. Do you mind if I ask where you live?
New Hampshire. But commuting distance to Boston, MA since I live on the border and Boston is pretty close to the border. I started as a Senior Software Engineer and kept getting promoted but not getting any higher pay. As a Senior Software Engineer in 2013 it was great pay. CTO in 2017... not so much. For various reasons I'm eating the lower pay though. It's rough but I'm ok with it for now.
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You shouldn't. Everyone lies about salary or includes their options at some fictions value as part of their compensation. The reality is that the number of people making over $200k is just not that many. Very senior people and directors of certain departments, sure. And you've got some $250k+ VIPs out there. Some. For everyone else, even those in the Bay Area, it caps around $180k, or $10k/mo after tax. Stay for long…
This matches my observations. On the "technical ladder" I'm the equivalent of a Senior Manger or Director (or, less commonly, VP). My pay is definitely less than anybody at those positions in truth, and the tech ladder generally tops off just north of $200k base, as I've seen it. Outliers exist, the plural of anecdote is not data, and similar disclaimers apply.
Apple, Google, Amazon, Facebook and Microsoft employ over 500,000 people. I'd be surprised if there are more than 500 engineers with a salary over $250k between them.
Maybe what someone should do is poach all 500 and see what they come up with. The burn rate would only be $10 million a month. Maybe they could invent AI.
Is it only me or aren't these wages crazy high for people with only 0-2 years of experience? I started as a fresh software engineer in Tokyo this year, and I'm making around $37k a year. I think that newbies earn about that much in Helsinki, Finland, too, where I'm originally from.
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$110K as a CTO does seem low to me. Do you mind if I ask where you live?
New Hampshire. But commuting distance to Boston, MA since I live on the border and Boston is pretty close to the border. I started as a Senior Software Engineer and kept getting promoted but not getting any higher pay. As a Senior Software Engineer in 2013 it was great pay. CTO in 2017... not so much. For various reasons I'm eating the lower pay though. It's rough but I'm ok with it for now.
Do you attend any CTO meetups in the area?