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Startup employees don't earn more

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Re: Startup employees don't earn more

#81

Post by brianwawok »

JoeAltmaier wrote: post #77
dohoho wrote: post #40

Earlier quoted context omitted.

Hah, I worked in government as an engineer before I moved to a startup doing something completely different. If you're ok with being a slave and fighting the very people you're working for to get the benefits you need to live a decent life then yeah government work is for you. That mindset that we're in a tech bubble is what I was worried about when I took on a city position but it's just fear. I thought it would hap…

Yeah but govt jobs pay a pension. Its the largest fraction of the federal budget. That doesn't happen in Silicon Valley.

This is why you can save money not spend it all in rent to be in a cool part of town.

Re: Startup employees don't earn more

#82

Post by throwaway_45 »

Johnny555 wrote: post #79
bunkydoo wrote: post #24

I'm gonna be straight with y'all, I earn more as a post office mail carrier than I ever did as a programmer for a silicon valley startup with $1 million dollars seed funding. I also surprisingly have more freedom even though I work basically like a slave. Nobody wants to admit it but we are in a tech bubble. Sure, if you are in the right startup things might be different. I had a great valley experience - but it was…

Glassdoor says that a letter carrier earns around $50K/year. Interns still in college can earn that much in Silicon Valley startup, a decent (not stellar) engineer can easily be in the $120K-$180K range. I don't see how I'm losing no matter what happens to my employer -- I'm getting paid a much higher salary than when I earned working for a more established, non-startup before I was laid off during a large reorganiza…

It seems like everyone forgot what happen after 2000. I hope you are saving your money.

Re: Startup employees don't earn more

#84

Post by isaacremuant »

throwaway_45 wrote: post #82
Johnny555 wrote: post #79

Earlier quoted context omitted.

Glassdoor says that a letter carrier earns around $50K/year. Interns still in college can earn that much in Silicon Valley startup, a decent (not stellar) engineer can easily be in the $120K-$180K range. I don't see how I'm losing no matter what happens to my employer -- I'm getting paid a much higher salary than when I earned working for a more established, non-startup before I was laid off during a large reorganiza…

It seems like everyone forgot what happen after 2000. I hope you are saving your money.

Implying someone with skills and a proactive attitude woulnd't be able to get a job or freelance?

The world is moving every day towards tech based solutions. If you can find a process to automate/improve and can sell yourself, you shouldn't have a problem.

Re: Startup employees don't earn more

#85

Post by Johnny555 »

throwaway_45 wrote: post #82
Johnny555 wrote: post #79

Earlier quoted context omitted.

Glassdoor says that a letter carrier earns around $50K/year. Interns still in college can earn that much in Silicon Valley startup, a decent (not stellar) engineer can easily be in the $120K-$180K range. I don't see how I'm losing no matter what happens to my employer -- I'm getting paid a much higher salary than when I earned working for a more established, non-startup before I was laid off during a large reorganiza…

It seems like everyone forgot what happen after 2000. I hope you are saving your money.

Yeah, I remember that -- every industry had a downturn and there was no safe haven for employment, so I'd rather have a higher salary at a startup today with no guarantee of long term employment versus a lower paid job at an established company with no guarantee of long term employment. And I'm not going to work at the USPS and earn a fraction of my salary.

Re: Startup employees don't earn more

#86

Post by nommm-nommm »

WhitneyLand wrote: post #74
bunkydoo wrote: post #24

I'm gonna be straight with y'all, I earn more as a post office mail carrier than I ever did as a programmer for a silicon valley startup with $1 million dollars seed funding. I also surprisingly have more freedom even though I work basically like a slave. Nobody wants to admit it but we are in a tech bubble. Sure, if you are in the right startup things might be different. I had a great valley experience - but it was…

Why be a postal carrier with your skills when the average salary seems to be so much less (40-50k) than you could make? Forget SV you could work remote from any inexpensive place in the country, or just park a camper near a national park and live the dream.

Because some people enjoy being postal carriers?

Re: Startup employees don't earn more

#87

Post by jchendy »

mavelikara wrote: post #69
cj wrote: post #15

If your #1 job criteria is compensation, do not work at a startup. You'll be paid more at big companies. If you don't mind being paid a little less, and want the opportunity to be a part of building a company from the ground up, consider working at a startup. There will be a lot more ups and downs than at a company like Google. But at smaller companies, you'll have the chance to have a material impact on the success…

> To help keep our employees happy (and to be competitive with bigger companies when recruiting), we try to get as close as possible to big-company salaries, we don't expect anything beyond 40 hrs / week, 100% paid health benefits, 401k, 25 paid days off per year, snacks, food, full financial transparency, etc. These sound reasonable. Quick question - has anyone you tried to recruit walk away because you mentioned th…

> has anyone you tried to recruit walk away because you mentioned the 40hr/week expectation?

Why would they? Are you imagining somebody who only wants to be part of a team that's overworked?

Re: Startup employees don't earn more

#88

Post by 35bge57dtjku »

taytus wrote: post #46
exstudent2 wrote: post #29

Earlier quoted context omitted.

$1 million is practically nothing as far as startup funding goes. Especially in the Bay Area. That's basically a year to find product market fit and raise another round. No offense but you don't sound like you have enough experience to be commenting on our industry as a whole.

In USA and in the rest of the world, $1 million dollars is a shit ton of money. Full stop. Please, let's go back to reality.

Not when you need to pay people 100k/year. They aren't staffing a 7-11.

Re: Startup employees don't earn more

#89

Post by nommm-nommm »

gdilla wrote: post #66
swampthinker wrote: post #3

Earlier quoted context omitted.

It's like the lottery, except you can influence your odds a bit more.

and accelerate your learning/career path a bit. Big companies with big company politics tend not to reward talented 20y/rs like they should with promotion, raises, and bonuses. But being promoted or growing in a startup has a return when you job hop, at least when you're starting your career.

Not my experience at all!
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