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Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

blog.vanhack.com

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Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#22

There should be a legal requirement for companies to publicly post the salary band for every role. Otherwise, how do employees know where to start negotiations? This opaqueness only helps the employer, who already has much more leverage. Price assymetry goes against free market principles. The price of labor is like any other price of a good or service. People should know how much something costs before buying.

Being open about our comp band only results in increasing the top of the funnel but they fail the first tech screen (which is a fairly simple problem - doesn’t require any data structures beyond a hash map and the algo could be figured out by a lay person). Decided to be more cagey so I could prefilter out people I won’t want to hire anyway. Better that way.

In my experience, the guys who make $700k are public with their expectations because they’re filtering out positions they’d be unhappy with.

That’s my lived experience. We do controlled experiments on a one month cycle to refine our hiring process.

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#23
These things are only as good as their dataset. I selected remote, full stack, and 7+ years of experience and got zero results. Opened that up to 6+ years and there are two results. That isn't exactly a rare profile today and doesn't speak well to the size of their dataset.

The funny thing is that this calculator was most likely created as a promotional tool to drive people to VanHack's job board. However the current version is actually working against that goal. I have no interest in using their site once I see that not a single senior full stack engineer has been hired on their site for a remote position in the last year.

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#24

https://vanhack.com/tech-salary-calculator?contract=&role=33... Really though? A Project Manager in Toronto only $50K -- I'm sure you can only barely live on that there for that much. At least in downtown.

This is not a reliable dataset.

Yes, with a 50k salary, after renting a tiny apartment in Toronto, they would be left with just over $1200. Which is pretty much just enough to feed yourself.

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#26
post #24

https://vanhack.com/tech-salary-calculator?contract=&role=33... Really though? A Project Manager in Toronto only $50K -- I'm sure you can only barely live on that there for that much. At least in downtown.

This is not a reliable dataset. Yes, with a 50k salary, after renting a tiny apartment in Toronto, they would be left with just over $1200. Which is pretty much just enough to feed yourself.

$1200 to feed one person is $40 a day, what do you do, eat out every meal?

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#27
post #24

Earlier quoted context omitted.

This is not a reliable dataset. Yes, with a 50k salary, after renting a tiny apartment in Toronto, they would be left with just over $1200. Which is pretty much just enough to feed yourself.

$1200 to feed one person is $40 a day, what do you do, eat out every meal?

Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable (?), a car, license, insurance, etc. Left with $1000 a month for food. $33/ day. Really not so much. You want to be saving too...

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#28

Earlier quoted context omitted.

$1200 to feed one person is $40 a day, what do you do, eat out every meal?

Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable (?), a car, license, insurance, etc. Left with $1000 a month for food. $33/ day. Really not so much. You want to be saving too...

For the uninitiated: Auto insurance in Ontario frequently costs more than the car lease itself. At the low end, it costs CAD 250/month, more if you're a male driver with few years of experience (or an immigrant with many years of experience abroad that don't count).

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#29
post #28

Earlier quoted context omitted.

Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable (?), a car, license, insurance, etc. Left with $1000 a month for food. $33/ day. Really not so much. You want to be saving too...

For the uninitiated: Auto insurance in Ontario frequently costs more than the car lease itself. At the low end, it costs CAD 250/month, more if you're a male driver with few years of experience (or an immigrant with many years of experience abroad that don't count).

It's probably that much from all the morons in Toronto who cause accidents by their selfish negligence. Every time I have the misfortune of being in Toronto, people park on the side of a two lane road, flocks of bikers take up one and a half lanes, people carelessly walk into the road like they're looking to get hit and never once will you hit two green lights in a row.

Re: Compare Tech Salaries Instantly: Introducing the VanHack Tech Salary Calculator

#30
post #28

Earlier quoted context omitted.

Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable (?), a car, license, insurance, etc. Left with $1000 a month for food. $33/ day. Really not so much. You want to be saving too...

For the uninitiated: Auto insurance in Ontario frequently costs more than the car lease itself. At the low end, it costs CAD 250/month, more if you're a male driver with few years of experience (or an immigrant with many years of experience abroad that don't count).

@iratewizard It's mostly due to insurance fraud and extreme weather, allegedly: https://www.ahainsurance.ca/car-insurance/rates-ontario-high...
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