My somewhat complete salary history as a software engineer

Post by myth_buster » Wed, Oct 31, 2018, 12:03 PM UTC

Alterlife wrote: post #159

sures wrote: post #103

I am a brown male working in India. The salaries are rounded to the nearest 100000 INR. USD values are rounded to the nearest 1000 USD. These are salaries per year . Need to emphasize this because when you see numbers like 3000 USD you may think this is per month. No it is indeed 3000 USD per year. When there are stocks involved, only the stocks that vest per year is included as part of the yearly salary. 2003 - 0 YO…

Something significant happened between years 10 and 12. You managed to double your pay. May I ask what it was? Incidentally, I'm at exactly the same experience as you and I'll just say I make a lot less.

Post by a_imho » Wed, Oct 31, 2018, 12:07 PM UTC

pavlov wrote: post #221

phyller wrote: post #208

Earlier quoted context omitted.

It boggles my mind that salaries can be so much lower in parts of Europe, while expenses are about the same as the US. Of course if you are living in New York City or San Francisco area expenses are higher, but most places they are not.

Even the big companies do this. My employer is a FANG and I'm based in London. Rents are nearly as expensive as in San Francisco... But if I moved to Silicon Valley, I'd get 40% more base pay for the same work. The only justification for this policy is something called "cost of labor" — in other words: "We've agreed with other tech companies that nobody's going to raise salaries locally."

Post by throwawaydevops » Wed, Oct 31, 2018, 12:09 PM UTC

Post by azhenley » Wed, Oct 31, 2018, 12:12 PM UTC

thisisit wrote: post #225

sures wrote: post #103

I am a brown male working in India. The salaries are rounded to the nearest 100000 INR. USD values are rounded to the nearest 1000 USD. These are salaries per year . Need to emphasize this because when you see numbers like 3000 USD you may think this is per month. No it is indeed 3000 USD per year. When there are stocks involved, only the stocks that vest per year is included as part of the yearly salary. 2003 - 0 YO…

Please use commas or even quote numbers in thousands. Otherwise it is unreadable. Edit: Here's an edited version for easy readability: 2003 - 0 YOE - 200,000( 3,000 USD) - Software Engineer - One of the very popular Indian IT firms 2005 - 2 YOE - 300,000 ( 4,000 USD) - Senior Engineer - Same as above 2007 - 4 YOE - 1,000,000 INR ( 14,000 USD) - Software Engineer - A small American company with their office in India 2…

Post by hyperbovine » Wed, Oct 31, 2018, 12:16 PM UTC

zdgsg wrote: post #100

yen223 wrote: post #78

Earlier quoted context omitted.

If you earn 3 times as much, but wind up spending 3 times as much, you are still saving 3 times as much. It's almost always better to get high pay in a high CoL area, than to get low pay in a low CoL area.

Almost but not quite - at high ends of salary the marginal tax rate is 38%, so $50k->$100k doesn't necessarily make you richer, it just makes Uncle Sam happier.