Tech compensation in 2021

Post by zz865 » Fri, Oct 15, 2021, 1:41 AM UTC

johnqpub wrote: post #180

yholio wrote: post #124

Earlier quoted context omitted.

I see these mind boggling sums in the Valley, $300.000, $600.000, can you please translate: how much does that net you per month, after taxes, reasonable healthcare and rent, ideally no further than 1 hour commute and free of black mold?

I'm in Seattle so the situation is a bit better than the valley. But here's a breakdown: L6 at Amazon, single, no kids: ~$400K TC $33,333 per month gross About $100K in federal tax, no state income tax in WA. $8333 per month Healthcare: $34 a month for an HSA plan. $3,650 over the course of the year goes into the HSA, including the employer portion. That ends up being about $205 out of my pocket. This is a bit compli…

Post by throwdecro » Fri, Oct 15, 2021, 1:42 AM UTC

throwaway2016a wrote: post #255

da39a3ee wrote: post #240

Earlier quoted context omitted.

I'm a bit confused about what you're saying. levels.fyi is accurate and there are plenty of remote jobs available. So the 300k+ salaries are certainly available from Boston. If you're not willing to prove that you can pass system design, coding, and leadership interviews then that's a different matter. FWIW I recently interviewed for staff at a bay area big tech company and there was no leetcode-style coding intervie…

The comment I'm replying to specifically mentions Leet Code (I am assuming that is what LC stood for) which is the only reason I brought it up. Your point is exactly my point, leet code is not relevant to the type of position I'd be looking for. So assuming Levels.fyi is accurate (their numbers are $20k more than salary.com which is more accurate in my opinion): my point was that I am average, right in the middle. Bu…

Post by 0xB31B1B » Fri, Oct 15, 2021, 1:43 AM UTC

zippergz wrote: post #258

theshadowknows wrote: post #223

I’m wondering if I’m just not worth as much money or if I’m not paid as much because I don’t work in California or both, lol. I work for an enormous company. I’ve got about 8 or so years experience. As of right now I’m a sr architect and I work on enterprise-level systems - either designing or enhancing existing processes and platforms. I don’t really code much these days, though I do write a lot of sql, build lots o…

Writing SQL and drawing diagrams for enterprise systems inside of a huge company is not what the highly-compensated senior engineers tend to be doing. If you want to make more money, move out of being an “architect” and into being a principal engineer at a tech company (one whose business is making software; not a company that just happens to employ software developers).

Post by kyawzazaw » Fri, Oct 15, 2021, 1:48 AM UTC

jiggawatts wrote: post #71

m_ke wrote: post #24

Earlier quoted context omitted.

Yeah I know a lot of FAANG people getting 500-600K packages. Makes it hard to even think about startups.

What the... s%&#? Half a million a year for a developer or architect is bonkers. That's the equivalent of AUD 800K a year. That's more than what the Prime Minister and a cabinet member put together make here! How can that possibly make sense? For that kind of money you can easily hire 4 senior developers here! Any company "hiring local" at those prices isn't exploring their international staffing options properly...

Post by 0x0nyandesu » Fri, Oct 15, 2021, 1:51 AM UTC

albertsondev wrote: post #280

gpt5 wrote: post #75

Earlier quoted context omitted.

Does it matter if you are comparing one year of living in the valley? You don’t need to buy a house for that.

It does when a massive portion of your supposed profits are eaten by a 4-5 figure monthly rent on a flat.