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Why not just a simple spreadsheet of salaries?

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Re: Why not just a simple spreadsheet of salaries?

#261

Earlier quoted context omitted.

If there's no payoff, then why gate via location in the first place?

Because it's currently full of junk entries where people say they work on the moon

So then there is a payoff to lying?

Re: Why not just a simple spreadsheet of salaries?

#263

The slight danger of this "post your salary" trend is that it's really difficult to make comparisons out of context. Someone is going to go to their supervisor and say, "Hey, it says that a senior dev is getting paid $200k/yr at Company X. I want $200k too!" and then their supervisor is going to say, "Well, we don't feel that you're worth that much money." And now what? The supervisor could be 100% right, and maybe t…

Absolutely, of course, without a spreadsheet like this, its really damn hard to know what ballpark "get paid what you're worth" even is. At least with numbers like this, a few visualizations accounting for remote/office, and geographic location people will know the appropriate ballpark figures to work towards.

It would be nice if a simple spreadsheet could include minimum PTO/year and some anecdotal average working hours (does everyone live at the office? or not?)

Re: Why not just a simple spreadsheet of salaries?

#265
post #104

It's strange to me that these salary discussions are so narrowly focused on just pay/bonus and don't seem to care about benefits and work/life balance. Here's stuff I track in my own career spreadsheet and compare new jobs against these metrics when considering a new one: * Vacation, sick, and holiday time off * Distance to work and traffic considerations * Relative cost of living * Health insurance cost and coverage…

As you get older, your view on benefits changes dramatically. When I was fresh out of college, I had no wife, no kids, no bills, no house. I took all the cool startup perks - free concert tickets, free box tickets to pro sports teams in town, free RedBull, free pop and food, free lunch. Now in my 30's I have bills, investments, a house mortgage. I went to interview at some smaller startups and established web agencie…

I came to the realisation the other day that I really don't care about free lunch, or free Red Bull, or any of those freebies.

They're not really free, because that money could be otherwise used to pay you. I'd rather get money that I could then spend on lunch, than get free lunch.

Re: Why not just a simple spreadsheet of salaries?

#266

The slight danger of this "post your salary" trend is that it's really difficult to make comparisons out of context. Someone is going to go to their supervisor and say, "Hey, it says that a senior dev is getting paid $200k/yr at Company X. I want $200k too!" and then their supervisor is going to say, "Well, we don't feel that you're worth that much money." And now what? The supervisor could be 100% right, and maybe t…

Absolutely, of course, without a spreadsheet like this, its really damn hard to know what ballpark "get paid what you're worth" even is. At least with numbers like this, a few visualizations accounting for remote/office, and geographic location people will know the appropriate ballpark figures to work towards. It would be nice if a simple spreadsheet could include minimum PTO/year and some anecdotal average working h…

Try salary.com. You put in your zip code and job title, if your company does "unique" titles you may have to translate into something relevant to the industry. It even includes things like retirement matching, paid days off, etc. It's free, and with loads more data than this silly spreadsheet will ever get.

Re: Why not just a simple spreadsheet of salaries?

#267
Maybe one industrious person can make one for each country? Salaries don't compare well internationally. Like in Sweden you don't have bonuses or stock options but other salary modifiers. Some employers pay up to to 10% of the salary in a retirement fund so 40 000 kr + 10% would be a better deal than 43 000 kr + 0%.

Re: Why not just a simple spreadsheet of salaries?

#268

Earlier quoted context omitted.

I sure hope you're getting a big chunk of equity as the technical co-founder.

I'm pretty positive I'm in full control of this company. I've taken reigns and made all the decisions. CEO has pitched in his requests, but ultimately has put me in full control, that being said I'm sure while my title says VP of Engineering (for his parent company by the way) I will become the CTO and co-founder of this company when it launches.

Yeah, I said the same thing.

But at least I ended up with some interesting stories to tell when I interviewed for my next job.

Seriously, you're putting a lot of faith in people who have every reason to screw you over. Even if they seem like they're on your side now, things change. In a couple of years when there's the genuine prospect of real money, there's a big risk that their attitude will change.

Or when you start saying "no" to impossible deadlines you'll see who actually makes the decisions.

And you are replaceable. They can make you feel good by getting you to hire a few people, and then encourage you to train them up and hand things over so you're not a key person risk, and then they don't need you any more.

Or maybe they'll just make a really dumb decision and get rid of the person that actually held everything together for all that time without having a sensible plan for the future. It happens. And that feeling of vindication when you watch it all fall apart without you doesn't make up for all the money you gave up when you gave them a "we're all in this together" discount on your wages.

Re: Why not just a simple spreadsheet of salaries?

#269
post #110

Earlier quoted context omitted.

Get equity or get out - make the promises binding.

First off, I made the decision to go for equity last time place I worked. That does not always equate to being a founder. I was the only non-founder with equity and when I was fired (for being burnt out but that's another story) I lost in the end. On top of that, being the only technical person and have full control over everything, including domains, hosting, code, etc. It's not really like I can be forced out.

>being the only technical person and have full control over everything, including domains, hosting, code, etc.

Holding this stuff hostage would not work out well and should not be considered a contingency plan.

Re: Why not just a simple spreadsheet of salaries?

#270
post #181

Earlier quoted context omitted.

Easier to hire here, supposedly. Fewer tech firms by comparison to SF/NY -> less competition for applicants. I'm in Chicago making ~95k and these threads the last couple days have been ever so mildly depressing, with people graduating same year as me and making $323k.

I mean, for what it's worth they say quality of life barely changes once you're past a threshold.[1] So I wouldn't worry about it too much. [1] http://www.huffingtonpost.com/2012/04/18/money-improves-qual...

I think this article is better researched: https://80000hours.org/articles/everything-you-need-to-know-...
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