20 years experience, two books under my belt, and lead architect (with a CTO title) on several good sized projects and most I have ever gotten in $175k... every time I see an article like this, I think I am doing something "very wrong" I live about 40 miles outside of Boston. Edit: Looking at levels.fyi for Boston that actually puts me above the median[1]. Why the heck is Boston so low compared to other markets? Edit…
I taught my friend to code in a year and he did one of the intensive bootcamps. First job ever. A healthcare company in NYC is paying him 155 + 20% bonus. You're getting hosed
Tech compensation in 2021
431–440 of 631 posts
Re: Tech compensation in 2021
#432Earlier quoted context omitted.
•Boston area •7 yoe •Staff level •Full remote •Co is SF-based •$250 total comp I expect a promotion and ~20% increase next cycle. Interview was no leet code (I’m terrible at it!) - my strategy was to interview at public companies with levels on levels.fyi but not FAANG
7 yoe at FAANG is double that and they're all permanent remote now (except Apple). Diminishing returns n all regarding TC but you didn't hack the system or anything with that strategy.
Re: Tech compensation in 2021
#433Earlier quoted context omitted.
Everything else being the same, it's better to make 300k than 175k/year. And not everything is the same, normally in those better paid jobs you have better Engineers, a lot of challenging problems, many nice perks, etc. What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week. Also you don't get highly ethical companies, just average ones at that (and it might actually be better…
>What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week This isn't true. Google allows you to "scale" your work (eg 80% pay for 80% time).
Re: Tech compensation in 2021
#434Earlier quoted context omitted.
Everything else being the same, it's better to make 300k than 175k/year. And not everything is the same, normally in those better paid jobs you have better Engineers, a lot of challenging problems, many nice perks, etc. What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week. Also you don't get highly ethical companies, just average ones at that (and it might actually be better…
You might have better engineers in FAAnG but it’s not given that you love your work. Many of my colleagues in those places are bored out of their minds because of how silly or numbing the work is. Part of the reason why I’ve not tried the transition yet.
Re: Tech compensation in 2021
#435Earlier quoted context omitted.
> My point was not that algorithms are irrelevant but they are table stakes You're wrong. A previous team built a simple data processing pipeline for a big customer. The throughput is single digit per second. The customer was furious as they would have wait for days to get their data in. The reason is the team was not aware that their graph building and traversal algorithms are O(n^2), and they didn't understand how…
What part of my statement is wrong? I said algorithms are table stakes (a poker term for something you need to know just to play at the table). To continue the analogy, sounds like whoever designed that system didn't have enough to buy into the table. > If you build large backend for data intensive systems I have. Many.
Re: Tech compensation in 2021
#436Earlier quoted context omitted.
If you are great at algorithms, have 20 years of experience with a great track record and live near a great tech university so plenty of tech companies, then you are doing something really wrong if you just earn $175k a year. Or you intentionally choose to have a low salary and prioritize other things, but if you did that then you'd know about it instead of asking this question.
You're being downvoted (not by me) but you have a point. I did two things wrong that I know of: - I graduated college right before the great recession and that effected my career starting rates - I stayed at a company I knew was under paying me for far too long (because I had a lot of stock options and I valued them too highly) If either of those two things were different I'd probably be making a lot more. But my poi…
Hey just a theory. I am probably wrong.
Re: Tech compensation in 2021
#437Earlier quoted context omitted.
Everything else being the same, it's better to make 300k than 175k/year. And not everything is the same, normally in those better paid jobs you have better Engineers, a lot of challenging problems, many nice perks, etc. What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week. Also you don't get highly ethical companies, just average ones at that (and it might actually be better…
>What you don't normally have is flexibility to negotiate special conditions e.g. 4day work week This isn't true. Google allows you to "scale" your work (eg 80% pay for 80% time).
Re: Tech compensation in 2021
#438https://www.teamblind.com/post/Show-off-your-TC-Timeline-qqi...
Re: Tech compensation in 2021
#439Earlier quoted context omitted.
7 yoe at FAANG is double that and they're all permanent remote now (except Apple). Diminishing returns n all regarding TC but you didn't hack the system or anything with that strategy.
By no means did I imply I did. I offered an alternative to “grind lc” to somebody who is underpaid. I did not say this was how to get the maximum TC
Re: Tech compensation in 2021
#440Earlier quoted context omitted.
Outside the US this is more like 10-20%. Americans care about money a lot. American SWE care about money even more.
I mean sure but the track record of American Tech Companies speaks for itself. Wanna know what the truly passionate programmer does? Ship things that make money. If they don’t they are a hobbyist not a professional because it isn’t a profession for them.
Earning money or not does not recognise the difference between hobby and profession. Ironically a lot of hobbyists make money and very few professionals work for free.