31–40 of 126 posts
I bet OP could get a job at a FAANG maybe a level lower than they are expecting, and then just coast while making $200k+/yr with little chance of burn out. I'm not recommending it but it works for me.
FAANG jobs are, quite frankly, an insignificant fraction of the market. The overwhelming majority of developers are like the OP.
50% tax? Where do you file taxes?
Of course, this doesn't take into account that it's a progressive tax, etc., but I regularly take home only about 50-60% of what I make, after benefits.
50% tax? Where do you file taxes?
50% tax? Where do you file taxes?
The top US bracket of 37% + 13.3% in CA (for example) will get you roughly there. NYC has an even higher tax rate. Of course, this doesn't take into account that it's a progressive tax, etc., but I regularly take home only about 50-60% of what I make, after benefits.
If they're suddenly asking you to log your hours, they're looking for a reason to terminate/replace you.
To me it's bizarre that a contractor wasn't logging their hours in the first place, so it sounds more like fixing their earlier mistake rather than something malicious.
To put things in perspective, based on recent experience my company has had getting specialists with 15-20 years of technical experience to work on a fixed-term contract (anything from 6 weeks to 6+ months), $250/hr would be considered a steal.
50% tax? Where do you file taxes?
The top US bracket of 37% + 13.3% in CA (for example) will get you roughly there. NYC has an even higher tax rate. Of course, this doesn't take into account that it's a progressive tax, etc., but I regularly take home only about 50-60% of what I make, after benefits.
50% tax? Where do you file taxes?
50% tax? Where do you file taxes?
The top US bracket of 37% + 13.3% in CA (for example) will get you roughly there. NYC has an even higher tax rate. Of course, this doesn't take into account that it's a progressive tax, etc., but I regularly take home only about 50-60% of what I make, after benefits.