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Highest Paying Tech Companies of 2019

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Re: Highest Paying Tech Companies of 2019

#21

Post by Zaheer »

chimeracoder wrote: post #14

Looks like they're including RSUs for private companies as equivalent to cash, which dramatically skews the data. For private companies, RSUs aren't liquid, and ISOs actually cost money to exercise, so they arguably have negative value. Treating them as cash-equivalent makes these rankings very misleading.

They're certainly not cash equivalent but I don't think it's disingenuous to include in rankings. The fact is people evaluate that number and even use it as 'competing' offers. It does sway the market liquid or illiquid. I remember when Uber was on a hiring spree a few years ago and was throwing eye-popping numbers. I had several friends switch to Uber or other companies and use the Uber offer for negotiation.

Re: Highest Paying Tech Companies of 2019

#22

Post by chimeracoder »

oarabbus_ wrote: post #20
chimeracoder wrote: post #14

Looks like they're including RSUs for private companies as equivalent to cash, which dramatically skews the data. For private companies, RSUs aren't liquid, and ISOs actually cost money to exercise, so they arguably have negative value. Treating them as cash-equivalent makes these rankings very misleading.

They would be remiss not to include this when making a statement about total compensation.

> They would be remiss not to include this when making a statement about total compensation.

Ideally they would be separated out. But if you have to make a single ranking, it's way more misleading to include RSUs/options for private companies than would be to ignore them.

Re: Highest Paying Tech Companies of 2019

#23

Post by oarabbus_ »

grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

>200k in the bay area is scraping by

What a gross exaggeration. Had you said 90k and for a family, then sure, but unless you consider "not having a new Tesla" as scraping by, this is disingenuous.

Source: Lived in Bay Area all my life with under $200k salary, not homeless, not scraping by, saving (a little bit) of money, able to go out with friends and my hair isn't falling out from being unable to pay bills. Maybe some of the big earners out there would consider my lifestyle "scraping by" but I like to think I know the difference between "scraping by" and "living within your means".

Re: Highest Paying Tech Companies of 2019

#25

Post by esotericn »

oarabbus_ wrote: post #23
grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

>200k in the bay area is scraping by What a gross exaggeration. Had you said 90k and for a family, then sure, but unless you consider "not having a new Tesla" as scraping by, this is disingenuous. Source: Lived in Bay Area all my life with under $200k salary, not homeless, not scraping by, saving (a little bit) of money, able to go out with friends and my hair isn't falling out from being unable to pay bills. Maybe s…

Probably just talking about owning a home.

To a lot of people it doesn't matter how many fancy toys they have, they want stability.

Re: Highest Paying Tech Companies of 2019

#26

Post by throwawaymath »

grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA.

What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SFBA is well beyond the point where all your basic needs are met.

Re: Highest Paying Tech Companies of 2019

#27

Post by adventured »

grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

> 200k in the bay area is scraping by

People say these things, it's not very accurate even though the bay area is obviously very expensive.

You've got roughly $130,000 in take-home pay at $200k in the bay area. Your employer is paying for your health insurance.

Even if you're paying $5,000 per month in rent for an apartment, you're still not scraping by. You've got $60k to $70k (depending) to distribute to everything else (food, utilities, lifestyle, etc), with housing and health covered. You can trivially buy a year old Mercedes or BMW sedan every year if you feel like it, like all those other people barely getting by.

You can spend $2,000 per month eating out, instead of $400 cooking for yourself, if you feel like it, as with all those other people choosing between their vast food options while living on food stamps.

Re: Highest Paying Tech Companies of 2019

#28

Post by SaltyBackendGuy »

oarabbus_ wrote: post #23
grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

>200k in the bay area is scraping by What a gross exaggeration. Had you said 90k and for a family, then sure, but unless you consider "not having a new Tesla" as scraping by, this is disingenuous. Source: Lived in Bay Area all my life with under $200k salary, not homeless, not scraping by, saving (a little bit) of money, able to go out with friends and my hair isn't falling out from being unable to pay bills. Maybe s…

> Lived in Bay Area all my life

I have as well until recently. Living in SF that's probably a close to accurate statement. If you live in Concord or Martinez (which is still technically the Bay Area), you can do quite nicely. Although, you'll trade ~2 hours of your life in commuting on Bart. Not to mention the overall discomfort of the Bart commute itself (better than the drive however).

Re: Highest Paying Tech Companies of 2019

#29

Post by pascalxus »

grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

I've adjusted avg salaries based on cost of living here: https://skilldime.com/blog/see-which-cities-pay-the-highest-...

But, note, the above is for average software engineering salaries, not for the sky high FANGS.

Re: Highest Paying Tech Companies of 2019

#30

Post by oarabbus_ »

esotericn wrote: post #25
oarabbus_ wrote: post #23

Earlier quoted context omitted.

>200k in the bay area is scraping by What a gross exaggeration. Had you said 90k and for a family, then sure, but unless you consider "not having a new Tesla" as scraping by, this is disingenuous. Source: Lived in Bay Area all my life with under $200k salary, not homeless, not scraping by, saving (a little bit) of money, able to go out with friends and my hair isn't falling out from being unable to pay bills. Maybe s…

Probably just talking about owning a home. To a lot of people it doesn't matter how many fancy toys they have, they want stability.

That makes it even more to the point; there are probably a dozen cities in the Bay Area where one could afford a house on a 200k household income without "scraping by".

San Jose, Santa Clara, Sunnyvale, Martinez, Antioch, Pittsburg, Hayward, Union City, Livermore, Milpitas, Morgan Hill, Gilroy, Richmond are all places you can get a house with a 200k salary in the Bay Area. There's probably a lot more, too. It's an indefensible statement.

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