161–170 of 192 posts
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I made total $220k/yr at ~40hrs w/4 weeks vacation a year w/base of 140k at a prior job. This was typical.
You can't just write "typical" and not explain. Typical for what? SF? Your company? CA? For people with your level of experience?
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I mean ryandrake above just stated glassdoor and salary.com showing $110,000 as the medium. So below $150k.
Median being 111,000 doesn’t say anything about the peak...
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>but to make the economics make sense for the company To increase profits for owners, actually.
Well, you're right that it does that. We, like most for-profit companies, generally try to do things that increase profits.
I think this is a great idea, but it has its risks. The risk I would worry about is that a person would adjust their life style 'burn rate' to their salary. Then, when they lost their job there isn't any other job in the area that will pay them what dhh was paying. So now they have to scale back in a radical way. Can they? Will they? What is perhaps a similar challenge that I do have direct experience with are people…
This is Lifestyle Creep and you have to take responsibility for your own decisions.
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150k sounds way low for the Bay Area you can get that in other much less expensive metro areas.
No way on this earth, $150,000 is anywhere near normal in the Bay Area, let alone in other less expensive metros. Most people are absolutely not making that much money writing code. People have serious tunnel vision on HN.
DHH has the coolest desk and home office I've ever seen: https://www.instagram.com/p/BcnPtAwlAKe/?hl=en&taken-by=dhh7... Check out the rest of the house too, amazing. I think some people have this image that Basecamp and DHH is some scrappy bootstrapper fighting the establishment. But really he is living the life that even most successful "exited" venture fueled founders wouldn't be able to attain, and he's just sayi…
He used to promote himself like this: https://m.signalvnoise.com/the-day-i-became-a-millionaire-55... But then he counted his money again, bought a house in the hills of Malibu, a couple of mad cars (family car is a Rolls-Royce Phantom), starting being a race car driver (Le Mans),... Never believe ANYONE who says money isn't the a key to happiness. Not the sole reason, but just take a look at his Insta again. Kudos.
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This histogram says that the mode is less than https://www.glassdoor.com/Salaries/san-jose-software-enginee...
I see a bar at 159k, and Glassdoor is seems to also be separating by variants of the title "Software Engineer", like "Lead Software Engineer" and "Software Engineer II" which could change results (not sure that those are subsets of Software Engineer in their system)
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Basecamp is selling all over the world. What should their salary level be like? Bay Area because that’s where a lot of the larger tech companies are situated? Washington State (Microsoft, Amazon)? Copenhagen (where one founder, DHH is from)? Sudney where one major competitor, Jira, is from? I’d say whatever the market is that they hire in. If you wanna pay above market rate, by all means do that. If you can attract e…
>What I don’t see is why all companies should follow Bay Area salaries. Did anyone suggest they should?
This is really an interesting idea. Since the developers who live in cheaper parts of the country/world are now, effectively, paid more than those who live expensive parts of the world, are they not incentivizing employees to move out of the big cities? I'm also curious about traveling expenses. I don't know if they do or not, but if they had an "all hands" meeting in Chicago, would they fly their employees in from a…
I'd consider those near the Chicago offices as the lucky ones. No flights, no hotels, they get to tuck in their kids and sleep in their own beds. So I'm sure they won't feel like they're due anything.
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Well, you're right that it does that. We, like most for-profit companies, generally try to do things that increase profits.
Increasing profits is fine. Having workers that are not owners is despicable.
We don't enforce that, as a condition of employment, you must accept share-based compensation. Employees are mostly [1] paid in cash and we let employees decide how much of that cash they want to invest in the company.
[1]-some executives are "forced" to accept share-based compensation as part of their comp.