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Tech compensation in 2021

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621–630 of 631 posts

Re: Tech compensation in 2021

#621

Earlier quoted context omitted.

> I know some folks more senior than me at top hedgefunds making less than I am. Where is the money in hedge funds? I look at salaries on glass door i nuthatch industry and even the highest are pretty disappointing.

I think it’s really only the executives or hedge fund managers making the real money

Interestingly, I tried doing a search on a job board for “Hedge Fund Manager”, and there were virtually no results with most not looking like quote what I was looking for. I guess these are not publicly posted positions available to the general public.

Re: Tech compensation in 2021

#622
post #360

So there are all these people in these threads who are like "I only make $175K/200K/150K, I feel like I'm grossly underpaid when I read these things." I got you all beat. I have 15+ experience. I am a really good coder . I can be very not humble because this is a throwaway, but everyone who has ever worked with me or gone to school with me or worked on open source with me would agree, I am very good at designing and…

I left tech at the university as soon as it started feeling like things were "getting old." And at that point I realized I should have left maybe 4 years earlier to get on with my career. I think I will try to get back in when I am ready to retire, maybe a nice IT management position for a few years.

What sort of company/employer in what general industry did you go on to?

Re: Tech compensation in 2021

#623

Earlier quoted context omitted.

> surely the folks who are pulling those kinds of salaries are working on really interesting problems > ... > The really hard problems that my org faces arent the same league of hard problems that someone at a FAANG company (or similar) is working on You'd be surprised. What I work on is relatively mundane. I worked at multiple FAANG companies in the past and the work there is mostly mundane too. For the most part th…

If you don’t mind my asking, what would you say you spend most of your time doing in a week? For me it’s a lot of requirements gathering and sketching things out then developers go off and build it. For example next week I’ll be working with a few other architects on some identity resolution projects. But we’ll just design the system, the engineers will take our specs and go off and build it.

I luckily still get to write code (not that common at my level), mostly gnarly undocumented bugs where you need to read the linux source code because the behavior is not documented anywhere else. But most of my time is usually split halfway between coaching and helping our junior and mid level engineers, pair programming, telling them that yes, they need all those tests, stuff like that and coordinating with other senior-er engineers on big projects, making sure we don't step on each other toes and lately optimizing the overall architecture of the product which has a lot of overhead right now (we build a big monolithic piece of software, not the easiest ship to steer).

Re: Tech compensation in 2021

#624

Earlier quoted context omitted.

>My comment was not that I don't need to know algorithms it was that at a senior level the questions should be far more advanced than what leet code has. Seniors (>=L5) go through a "pirate" round that's system design/arch in addition to the "ninja" round. But you're a CTO so you should be able to ace that (after handily passing ninja since you know all the algorithms). So what exactly are you waiting for? I mean lik…

Mostly because I stayed at my last job way too long and when I was finally ready to leave I started my own company vs job hunting. I probably will start applying if my new company doesn't make it. Though a lot of me wonders why I am working for no pay at my own company when it sounds like I can make enough to retire being an individual contributor. I do believe in my idea though and want to see it through. I have fri…

It sounds like you should leave your company and go make a guaranteed monster salary.

Re: Tech compensation in 2021

#626
post #243

Earlier quoted context omitted.

Honestly, I make 300k TC and joined one company out of college and stayed there for the last 4 years. I live in Seattle. I just want to show that not everyone making > 200k switches companies every 2 years trying to minmax.

How much of that is from your stock that you got 4 years ago vesting while the market has gone up? Or is your newly infused grants and cash 300?

That's both currently the amount I am getting per year towards my bank account and the amount I'm being granted per year * 4 + cash (I got promoted ~a year ago, meaning my new grants though missing the time value have a higher dollar value at grant time)

Re: Tech compensation in 2021

#627
post #243

Earlier quoted context omitted.

Honestly, I make 300k TC and joined one company out of college and stayed there for the last 4 years. I live in Seattle. I just want to show that not everyone making > 200k switches companies every 2 years trying to minmax.

The argument is money isn’t everything. You left after the 4 year cliff. That’s hardly an argument against keeping the same or higher TC though.

Actually I'm still there :-) Nothing against people trying to move and make more, but I just want to let people know that you don't _have_ to do that to be successful (plus refute people that might claim that it's the only way to do so in tech)

Re: Tech compensation in 2021

#629

> Chris can expect to make $300k at a non-FAANG company, but nearly double that if they’re willing to compromise on that “no-FAANG” stance Ok but aren't the expectations for a Staff+ way higher at FAANG than at non-FAANG? Or we assume Chris already got the offer from FAANG for a Staff+ role and so it's just a personal choice? Those articles and discussions about salary always assume everybody is able to work at FAANG…

I'm not sure "higher" is the right word here - perhaps more specialized.
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