Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Highest Paying Tech Companies of 2019

levels.fyi

Post reply on HN
Print view View original

31–40 of 91 posts

Re: Highest Paying Tech Companies of 2019

#31

Post by pascalxus »

throwawaymath wrote: post #26
grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA. What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SF…

it all depends on your situation. Sure, as a single person 200K is doing well. But, 200K with a family of 4 (2 kids and a wife) is definately scraping by on the penninsula or SF. The only way that's not scraping by is if you bought your house over 20 years ago (or during 2010-2012 housing slump) OR you got yourself a Rent controlled apartment. Other than that, You ARE scraping by.

In SF, day care is almost 3K per month per child! On the penninsula/SF, if you rent a 3 bedroom apartment, it'll cost 4k-6K or so per month or more, that's 60K of your 130K take home pay.

Re: Highest Paying Tech Companies of 2019

#32

Post by memn0nis »

These salaries are incredibly high for someone who never worked at a tech company in the valley. What's the general consensus on whether these salaries will increase, decrease, or stay the same in the medium term (i.e., next 5-10 years)?

Re: Highest Paying Tech Companies of 2019

#33

Post by txcwpalpha »

pascalxus wrote: post #31
throwawaymath wrote: post #26

Earlier quoted context omitted.

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA. What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SF…

it all depends on your situation. Sure, as a single person 200K is doing well. But, 200K with a family of 4 (2 kids and a wife) is definately scraping by on the penninsula or SF. The only way that's not scraping by is if you bought your house over 20 years ago (or during 2010-2012 housing slump) OR you got yourself a Rent controlled apartment. Other than that, You ARE scraping by. In SF, day care is almost 3K per mon…

>But, 200K with a family of 4 (2 kids and a wife) is definately scraping by on the penninsula or SF.

Lol. No, it isn't. It is absolutely mind blowing what the general tech industry thinks "scraping by" means. The median household income in SF is less than 100k. At 200k, you make more than twice that. If you're just "scraping by" with 200k, then I can't even imagine what people making less than the median are doing.

Re: Highest Paying Tech Companies of 2019

#34

Post by joshuamorton »

pascalxus wrote: post #31
throwawaymath wrote: post #26

Earlier quoted context omitted.

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA. What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SF…

it all depends on your situation. Sure, as a single person 200K is doing well. But, 200K with a family of 4 (2 kids and a wife) is definately scraping by on the penninsula or SF. The only way that's not scraping by is if you bought your house over 20 years ago (or during 2010-2012 housing slump) OR you got yourself a Rent controlled apartment. Other than that, You ARE scraping by. In SF, day care is almost 3K per mon…

Sure but 200k is a 1-2 yoe number. A single income family of four with a just-graduated breadwinner won't be incredibly comfortable anywhere. Especially if they're paying for childcare instead of having the stay at home parent handle it.

Re: Highest Paying Tech Companies of 2019

#35

Post by aguyfromnb »

throwawaymath wrote: post #26
grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA. What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SF…

The fact that you have have to stipulate that one can live without roommates and "all basic needs are met" with a $200,000 salary proves the OP's point. That's more than 6 times the median annual income in the US.

The median home price in the Bay area is ~$1.5 million, so at $200k salary you'd be stretched with that kind of mortgage. Most homes where I'm from aren't worth $200k. What about child care, and the cost of commuting? You might not be "scraping by" on $200k in SV, but should that even be remotely a concern at a white-collar job working for some of the biggest companies on the planet?

Re: Highest Paying Tech Companies of 2019

#37

Post by whalesalad »

grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

> I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around.

This... is how the world works.

Re: Highest Paying Tech Companies of 2019

#38

Post by matt-attack »

memn0nis wrote: post #32

These salaries are incredibly high for someone who never worked at a tech company in the valley. What's the general consensus on whether these salaries will increase, decrease, or stay the same in the medium term (i.e., next 5-10 years)?

I want to think there will be a correction (because in so many ways it seem obnoxious), but frankly I don't see the need for their skills falling anytime soon. Tech drives everything in our world, and specifically, software.

Re: Highest Paying Tech Companies of 2019

#39

Post by fizixer »

throwawaymath wrote: post #26
grammarxcore wrote: post #8

I feel like this list is skewed by cost of living. The top four cities are also very expensive cities to live in and around. 200k in the bay area is scraping by whereas 100k in the Austin area gets you a house in a reasonable amount of time. Are there any plans to provide adjustments like that?

Can we please stop with the hyperbole? $200k in the bay area is emphatically not scraping by. You can live on your own, without roommates, save money and have a social life if you have a $200k income in SFBA. What people (especially on HN) think "scraping by" looks like is getting a little nuts. Just because you can't have an opulent lifestyle and a cheap five bedroom house doesn't mean you're struggling. $200k in SF…

I agree. Whenever someone points out high cost of living, they mention high rents.

Is $3000 per month a good estimate for bay area? or am I underestimating.

This is about $2000 a month higher than reasonable rent. This means, your annual cost of living increased by $24,000.

$24,000 per annum is the difference between a small town, and bay area. Am I missing something? Do you pay for apples $20 a lb instead of $2-5 a lb? Is your electricity bill $600 a month instead of $100-200 a month?

What else is expensive in Bay Area other than rent?

If you barely scrape by on $200K in bay area, are you saying you barely scrape by on $176K in a small town?

Re: Highest Paying Tech Companies of 2019

#40

Post by doublement »

memn0nis wrote: post #32

These salaries are incredibly high for someone who never worked at a tech company in the valley. What's the general consensus on whether these salaries will increase, decrease, or stay the same in the medium term (i.e., next 5-10 years)?

With nothing to back me up except the general impression I have, these numbers look out-of-whack even for the highest-paying employers in the Bay Area.
Post reply on HN