Organization probably doesn't want to improve things

Post by bigbillheck » Sun, Oct 08, 2023, 2:42 PM UTC

anvil-on-my-toe wrote: post #251

neogodless wrote: post #237

Earlier quoted context omitted.

> No it's not really a choice. Hard disagree. Have never worked for "terrible big company" (though some mediocre medium companies!) But outside of the super high cost of living areas like NYC and San Francisco, it's trivially simple (if not easy) to live on $50-60K USD each year (adjust this number for inflation as needed) while still enjoying yourself, having high performance technology, doing some travel, etc. You…

$60-100k salary is not enough to support a family and retire; it's probably not enough for a single person to make meaningful progress towards retirement because at that level of pay home ownership is constantly out of reach and inflation outpaces wage growth. It's sacrificing your life so someone else can get rich.

Post by TeMPOraL » Sun, Oct 08, 2023, 2:42 PM UTC

djbusby wrote: post #224

antupis wrote: post #201

Earlier quoted context omitted.

Also work life balance is usually better in big corp you actually can clock that 9:5 and go home.

All of my friends at FB/G work way more hours than me and miss family activities. Same as when I was at MS.

Post by sokoloff » Sun, Oct 08, 2023, 2:55 PM UTC

neogodless wrote: post #278

anvil-on-my-toe wrote: post #272

Earlier quoted context omitted.

$100k for a down payment - how many years of saving does that take and what happens to that $500k price tag during those years of saving? One hardship like a medical issue, a setback in employment, or a child you weren't ready for, then what? And I'm not sure you could find a one bedroom, one bathroom for $500k in a city with tech jobs.

In places where houses are $500K, rent is probably $2000 / month. (More like $1200 - 5000 / month, but depending on the size, location, amenities, luxuriousness of fixtures, etc.) If you make barely $100K, and are spending $24K on rent, let's say you spend half of the rest on living. That leaves you with $38K savings per year. So it takes you 32 months to save up $100K for a down payment. The secret is don't spend al…

Post by anvil-on-my-toe » Sun, Oct 08, 2023, 2:56 PM UTC

neogodless wrote: post #278

anvil-on-my-toe wrote: post #272

Earlier quoted context omitted.

$100k for a down payment - how many years of saving does that take and what happens to that $500k price tag during those years of saving? One hardship like a medical issue, a setback in employment, or a child you weren't ready for, then what? And I'm not sure you could find a one bedroom, one bathroom for $500k in a city with tech jobs.

In places where houses are $500K, rent is probably $2000 / month. (More like $1200 - 5000 / month, but depending on the size, location, amenities, luxuriousness of fixtures, etc.) If you make barely $100K, and are spending $24K on rent, let's say you spend half of the rest on living. That leaves you with $38K savings per year. So it takes you 32 months to save up $100K for a down payment. The secret is don't spend al…

Post by mutex_man » Sun, Oct 08, 2023, 2:59 PM UTC

skrebbel wrote: post #192

Blog posts like these are a staple on HN and I’m always mildly offended by them. It seems to me that there’s a class of programmer that will take an overpaid job at a terrible BigCo, spend their evenings writing ranty blog posts about how terrible it all is, culminating in the inevitable “I quit” article, only subsequently to accept a job at a different terrible BigCo. At no point does this article, or most articles…