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The boss who put everyone on 70K

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Re: The boss who put everyone on 70K

#371

Post by brailsafe »

emp wrote: post #354
brailsafe wrote: post #305

Earlier quoted context omitted.

As a software dev just to the north in Vancouver, BC at 110k CAD: that's bananas money.

When last did you change jobs? A year ago I did and set a hard minimum at 120, and managed 2 offers as high as 160 and took a lower one due to more interesting work and great environment. And had to cancel 3 more on site interviews that knew my range was 130-140. My previous job had a 2% raise over 3 years, with a salary out of touch with the current ranges. It seems the only way to get a raise much of the time is ne…

Just a few months ago. What's your specific discipline and exp? It's good to hear that there's a lot of room to grow. I'm well aware of when/how the biggest gains are made, but I appreciate the insight nonetheless. I consider 110k at the moment to be pretty ok, just considering my extremely spotty track record atm. I'll stick around for now to rebuild my savings and get some current exp, but won't sit on it for too long especially if the compensation doesn't seem right.

Re: The boss who put everyone on 70K

#372

Post by brailsafe »

__turbobrew__ wrote: post #338
brailsafe wrote: post #305

Earlier quoted context omitted.

As a software dev just to the north in Vancouver, BC at 110k CAD: that's bananas money.

I am a software engineer in Vancouver as well, feels bad. My partner doesn't want to move so I am taking the pay cut. I have noticed that Vancouver dev salaries have been increasing the last few years, but no where close to +200K USD. My end goal is to move to the Okanagan and get a remote job where I could get similar pay to Vancouver with much lower living costs.

That's not a bad idea, I love the Okanagan, though it might be a bit isolating. Salary is certainly one thing, but I wouldn't move for salary alone or that of my partner (I don't think). There just isnt enough personal value to be gained in salary increases enough to sacrifice being with or where you love to be.

Re: The boss who put everyone on 70K

#373

Post by eru »

zacharycohn wrote: post #262
Pfhreak wrote: post #161

Earlier quoted context omitted.

Citation on this? Seattle has added tens of thousands of units and upzoned many neighborhoods. At one point I could look out my window and see 21 cranes building high rises, both mixed use and office buildings. The population influx has been massive.

These are typically luxury units, which are not affordable to most people outside the tech sector. Meanwhile, despite high salaries many people in the tech sector (rightly) don't want to pay luxury prices, and so they are also competing for lower priced housing.

People moving into luxury units don't pop out of thin air. They vacate other units to move in.

(Though if we could generate them out of thin air, that would be great, too. Simple way to shore up the tax base.)

Re: The boss who put everyone on 70K

#374

Post by eru »

jschwartzi wrote: post #202
eru wrote: post #41

Earlier quoted context omitted.

Well, they could also build more homes. But Seattle has somehow decided they don't want that.

I see tons of townhomes and apartments going up everywhere here. Most of them replacing single-family homes in the same plot.

Exactly. That's how you add density in an existing city.

Re: The boss who put everyone on 70K

#375

Post by m0skit0 »

sytelus wrote: post #356
bloblaw wrote: post #241

I used to work at Gravity. Dan (owner of Gravity) is sincere and frankly the real deal. Dan Price really is like what is presented in this article. He actually cares about his employees and is being genuine here. He's a good person, making a private business decision to increase the pay of frankly his lowest paid workers. In a city where the average tech worker earns $275k a year, he believes its the right thing to d…

There is a lot of good intentions here but we did run a very large scale experiment for 69 years on about 300M people. It was called the Soviet Union and the results weren't pretty economically for the people. So the concern remains how long this can last, how brittle is this and how much can it scale.

Are you sure they weren't economically pretty for the people coming from Russian Empire where 90% lived in absolute poverty and serfdom?

Re: The boss who put everyone on 70K

#376

Post by me_me_me »

rejschaap wrote: post #353
fahadkhan wrote: post #291

Earlier quoted context omitted.

Saw a video of Price saying that his minimum salary may have indirectly raised housing costs in his city and that is not a problem he can solve but something that the city must. I don't know the figures but I would guess that any effect that he had caused was minimal. He really does come across as great guy. If I was more local I would probably look to work for him.

It is very unlikely that a 100 person company in an already gentrified neighborhood would have any effect on house prices.

Furthermore if you are paid decent wage you can afford to buy a house, further cutting down the rent prices.

It boggles my mind how people spin the stories to protect professional landlords, a class that does nothing but extracts productivity.

Re: The boss who put everyone on 70K

#378

Post by banannaise »

me_me_me wrote: post #376
rejschaap wrote: post #353

Earlier quoted context omitted.

It is very unlikely that a 100 person company in an already gentrified neighborhood would have any effect on house prices.

Furthermore if you are paid decent wage you can afford to buy a house, further cutting down the rent prices. It boggles my mind how people spin the stories to protect professional landlords, a class that does nothing but extracts productivity.

Sadly, there's a strange knock-on effect of all the professional landlords: Instead of aspiring to own a family home, a lot of millennials aspire to become landlords, either by buying big and renting part of the space, or by buying small and using it as a springboard to buy bigger and rent the original place. It's a vicious cycle, especially since they often don't have the capital to easily absorb damage or maintenance costs, leading to the properties deteriorating rapidly.

Re: The boss who put everyone on 70K

#379

Post by Zanneth »

jb3689 wrote: post #349
dominotw wrote: post #272

Earlier quoted context omitted.

>average tech worker earns $275k a year I need to move to bay area this year. thats my sole mission this year.

Go remote for a bay area company. High pay without high rent

Companies don’t pay Bay Area salaries to remote workers.
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