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2017 State of Global Tech Salaries

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Re: 2017 State of Global Tech Salaries

#251

Post by icpmacdo »

seanmcdirmid wrote: post #242
deathanatos wrote: post #226

Earlier quoted context omitted.

> While we'll probably end up in a house with a yard eventually How, might I ask? Assuming $1.5M for a townhouse or a house in the Bay Area, Google's mortgage calculator says ~7k monthly in payments. At $160k and 25% tax, you're left w/ 10k/mo; you'd be spending 70% of your income on housing, not counting maintenance. You'd need to make a significant downpayment (which even then, IDK if it helps, since I've seen hous…

You can make money in one place, save it, then spend it somewhere else. This is why people in nice but cheap places are so afraid of Californians.

What do you mean saying "This is why people in nice but cheap places are so afraid of Californians."?

Re: 2017 State of Global Tech Salaries

#252

Post by seanmcdirmid »

icpmacdo wrote: post #251
seanmcdirmid wrote: post #242

Earlier quoted context omitted.

You can make money in one place, save it, then spend it somewhere else. This is why people in nice but cheap places are so afraid of Californians.

What do you mean saying "This is why people in nice but cheap places are so afraid of Californians."?

In much of the west coast, and near western state, local housing prices are often driven up by Californians leaving the state with either lots of savings and/or equity cashed out from the house they just sold. So there has historically been a lot of anti-Californian backlash in places like Seattle and Portland, whose house markets haven't always been hot in their own right.

Imagine you live in a place where the average salary is $50k, but it's a nice place, and often people will move to your place from somewhere where the average salary was $200k. Economically, it is difficult to compete with those people for things that are already scarce (housing).

Re: 2017 State of Global Tech Salaries

#253

Post by WildUtah »

Buge wrote: post #236
WildUtah wrote: post #223

Earlier quoted context omitted.

Yes, terrible urban design and bad infrastructure and bad policy is pervasive in the USA. You can just look at neighboring Mexico with 1/6th the per capita income and correspondingly lower public budgets where transportation, urban maintenance, and quality of city life are routinely better. And not just relatively better: Mexican cities (outside the shady border region) are nicer than American cities to live in. If y…

I went to Mexico city with my family about 10 years ago and it didn't seem as you describe. I remember looking out our car window and seeing huge expanses of what seemed like shacks. Many of the road were wide with seemingly no lane markings, and people making their own lanes. We were at one such intersection, and got pulled over by a corrupt cop who was on foot. Supposedly we came too close to one the of people who…

What were you doing in a car in Mexico City? First time I drove there, it had me shell shocked for months.

Next time, get out on foot and see the city. You can't see anything from a car. [0]

[0] https://www.youtube.com/watch?v=6r83MF9BRZA&feature=youtu.be

Re: 2017 State of Global Tech Salaries

#254

Post by SandB0x »

luizb wrote: post #95
hereiam123 wrote: post #38

And here I am making $72,000 in New Hampshire...45 minutes from Boston. I have a B.S. in computer engineering and now have 4-5 years of professional experience in software (specializing in DevOps). Am I severely underpaid?

> (specializing in DevOps). Am I severely underpaid? Yes, in fact we are looking for a devops in NH, send your info.

How should they contact you?

Re: 2017 State of Global Tech Salaries

#255

Post by imtringued »

ValleyOfTheMtns wrote: post #218

I'm unfairly critical of reports like these once I realise many y-axes don't start at zero in their charts.

What's the purpose of such a chart? Why not simply display a sorted table if they can't be bothered to take advantage of the visualisation?

Re: 2017 State of Global Tech Salaries

#256

Post by acchow »

elastic_church wrote: post #228
Stasis5001 wrote: post #48

Every article on salaries seems to really screw up two things. One is, salary is only a portion of total compensation. Which do they mean here? If you don't look at equity packages, my intuition is you're going to think SF sucks, since I think more companies there use stock incentives. I'm not sure anybody has good data on equity packages/total comp, and at the very least, it's not trivial even if you have that data,…

I actually like private company RSUs and the lack of data around them. I can get super amazing offers from Microsoft of Google who will throw RSUs at me based on the assumption I actually had such great offers from the last company, even if it is private. The secret is to tell them that there's a huge secondary market and lots of liquidity. There, the secret's out, they have no way of verifying, and the secondary mar…

You really think Google is this naive?

They are fully aware there's a stupid dance around negotiations and they don't really care which routine you choose to take.

Re: 2017 State of Global Tech Salaries

#257

Post by acchow »

bluGill wrote: post #201
Stasis5001 wrote: post #48

Every article on salaries seems to really screw up two things. One is, salary is only a portion of total compensation. Which do they mean here? If you don't look at equity packages, my intuition is you're going to think SF sucks, since I think more companies there use stock incentives. I'm not sure anybody has good data on equity packages/total comp, and at the very least, it's not trivial even if you have that data,…

It is invalid to consider stocks, bonus, and other incentives in your calculations. Companies take them away all the time. You have salary, and that is it. Fringe benefits (insurance, 401k match...) is a useful thing to get and part of the picture, but the company can change them to your negative when they feel like it. stocks and bonus are nice, but you dare not count on them until after you get them. People who do…

Actually, a company can't take away granted RSU's that are still vesting. That's a signed agreement.

They can, however, reduce your salary at will.

Re: 2017 State of Global Tech Salaries

#258

Post by arjie »

IshKebab wrote: post #175

It's crazy how much more you get paid in America than elsewhere. On the other hand, I can cycle to work, get actual holidays and actually work leave work at 5pm.

You can do these in San Francisco, though I prefer keeping the mornings and working the evenings. Wasting daytime sunshine is a terrible idea.

Re: 2017 State of Global Tech Salaries

#260

Post by humanrebar »

ghaff wrote: post #105
humanrebar wrote: post #53

The problem with straight-across cost-of-living adjustments is that they're only relevant when you're talking about a more-or-less zero savings rate. Assuming you can save 10% of your annual salary a year, you're better off living in higher cost-of-living areas, assuming all other things being equal. Then you are growing wealth (retirement funds, etc.) instead of just getting a more expensive lease for your car or ap…

>I'm open to thoughts on how to practically do this math. It's very relevant when considering job offers in other cities. As another reply noted, it's really about the absolute numbers. The number you probably want is after tax take-home after deducting some amount for retirement and other savings and any significant debts and do the comparison based on that number. Yeah, so pretty much your disposable income.

I meant I have a hard time guessing what that number would be for a programmer in Denver at various income levels.
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