Earlier quoted context omitted.
$200k, including benefits, employment taxes, etc. is probably more like $150k in salary. It's not at all egregious for good programmers. I've had employees make near that in Ohio and have friends in the field who make considerably more. Also it's a budget, so I suspect it's intentionally padded to a small degree. While prices haven't converged on SV everywhere, it does have a ripple effect.
You're overestimating their final salary. Per-employee expenses are usually almost the salary all over again. Payroll taxes are a real bitch. It's probably closer to $110-$120k salary per employee.
What It Costs to Run Let's Encrypt
281–290 of 394 posts
Re: What It Costs to Run Let's Encrypt
#282Earlier quoted context omitted.
I think $200K/person is fine, but I do quibble with this: > They are in Silicon Valley and have to compete with everyone else in Silicon Valley Why? Why compete for talent in Silicon Valley when there are people all over the country who'd love to work on something like this? I can get why they might prefer not to do remote teams (it's a challenge), but there are cities like Seattle, Boston, Denver, Dallas, Kansas Cit…
As covered elsewhere, most of the team is remote. But they still get SV salaries because great people get those salaries no matter where they are.
I propose that not so good techies may get more in SV but paid averagely elsewhere?
Re: What It Costs to Run Let's Encrypt
#283Re: What It Costs to Run Let's Encrypt
#284Re: What It Costs to Run Let's Encrypt
#285Re: What It Costs to Run Let's Encrypt
#286Re: What It Costs to Run Let's Encrypt
#287Earlier quoted context omitted.
As covered elsewhere, most of the team is remote. But they still get SV salaries because great people get those salaries no matter where they are.
"Silicon Valley" is the red herring then. World class people get world class compensation because they are damn good. I propose that not so good techies may get more in SV but paid averagely elsewhere?
Re: What It Costs to Run Let's Encrypt
#288Earlier quoted context omitted.
Complaining about that is insane. To put it in perspective, almost any Fortune 500 is paying $200k for a contract Level-2 helpdesk analyst.
Short term contracts might be different, but 95% of normal software engineers in germany will e.g. never reach 100k. Including those in the large corporations. I think 200k might be barely in reach for a senior manager. In other countries/regions this will even be far lower.