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csammis posted:I mean…okay, yes, but that is is not saying much because the tech industry is how it is in the US thanks to unfettered capitalism. I doubt the industry would look anything like the way it does today if there were even the slightest guard rails against individuals hoarding wealth or such an idea as labor rights in most states. Yeah, but that's the system we are in and while changing the system is a noble goal that everyone should be working towards we're talking about navigating the system we have.
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Jun 28, 2021 04:37
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Armauk posted:Can someone explain figgieland? Shruggoth posted:San Francisco bay area is where you can get the highest pay in the industry right now. Figgies refers to the significant figures in your total compensation but can be shorthand for a high salary, so SFBA = figgieland. Some people might include places like New York, Seattle, or Austin that have FAANG offices, but it depends on the context.
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Jun 28, 2021 04:44
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I feel like some people outside the US also refer to the US as figgieland since dev salaries are so much higher than in a lot of other countries. But yeah in the states it seems like it’s Silicon Valley.
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Jun 28, 2021 04:47
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its literally just me who says figgieland prime or secondus lol
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Jun 28, 2021 05:22
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bob dobbs is dead posted:its literally just me who says figgieland prime or secondus lol please stop
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Jun 28, 2021 05:26
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Steve French posted:please stop
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Jun 28, 2021 05:28
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Steve French posted:please stop quoting dis e: Jose Valasquez posted:Yeah, but that's the system we are in and while changing the system is a noble goal that everyone should be working towards we're talking about navigating the system we have. Yeah that’s fair. My only point was that saying “problems are due to capitalism, not the industry” doesn’t make a lot of sense since the two are inextricably linked. csammis fucked around with this message at 05:36 on Jun 28, 2021 |
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Jun 28, 2021 05:33
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bob dobbs is dead posted:its literally just me who says figgieland prime or secondus lol Confirmed with a google search. Only bob dobbs is dead may determine what is and isn't figgieland
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Jun 28, 2021 05:35
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Steve French posted:please stop nah
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Jun 28, 2021 05:36
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What are the types of companies that pay the most nowadays? I was working at a FANG for about 6 or so years and was making around $280k total comp when I quit last year to recharge. I feel like I want to work again but I'm wondering if I can get paid more than I was before. I heard some crazy things from twitter people months ago that crypto companies were paying more than big tech because they could basically print their own tokens, and $500k+ compensation packages for ex-fang types were implied to be not unusual, but I never asked more and can't find who said it. Does anyone here know anything about it?
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Jun 28, 2021 14:10
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oliveoil posted:What are the types of companies that pay the most nowadays? As a FAANGer, the only recruiting I've gotten from crypto companies has had either grossly uncompetitive numbers or imaginary ones that make startup stock options look like a safe bet. I wouldn't be surprised if there were a handful of people who lucked into bitcoin wealth making high offers, but I doubt it's remotely the norm, and I wouldn't bet on job security regardless. I'd focus on going for level + 1 at a traditional company.
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Jun 28, 2021 14:48
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oliveoil posted:What are the types of companies that pay the most nowadays? I'll tell you, you just have to pay me 1 BTC to prove that you understand crypto.
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Jun 28, 2021 14:49
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Joining a crypto company now is probably like joining a dotcom startup in June 2000 or later. Yeah, it's going to be sweet until the bubble bursts, but that's probably not that far off.
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Jun 28, 2021 14:51
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oliveoil posted:I heard some crazy things from twitter people months ago that crypto companies were paying more than big tech because they could basically print their own tokens, and $500k+ compensation packages for ex-fang types were implied to be not unusual, but I never asked more and can't find who said it.
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Jun 28, 2021 15:13
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Don't touch the poop. At best cryptocurrency companies are scam adjacent if not outright scams
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Jun 28, 2021 15:16
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Blinkz0rz posted:I'm curious how many folks in this thread have children or other dependents? I know this is the oldie thread, but I assume it's oldie like 3 years of experience is "senior" Turning 45 this year. Married with one toddler. Zero time for personal development outside work.
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Jun 28, 2021 18:25
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I regularly lurk this thread and thought I'd throw in another salary progression. I turn 36 next month, graduated in 2009: 2010: 65k, .NET dev at Boeing 2021: 150k + pension, "Solutions Architect" at large uncool insurance company. 100% remote FWIW, I live in Denver and salaries aren't great here IMO, outside of big tech satellite offices. I have friends at Google, Amazon, etc. and know how well they pay but I'm an anxious person and leetcode prep stresses me out a lot. Plus I think I'm a mediocre "engineer", which is why I'm trying out an architect role after 11 years being a dev. I've done an onsite with AWS (miserable) and had onsites scheduled with Google and Zillow but bailed out of both because the odds of me getting hired were slim to none. On the bright side, no kids and my wife makes 130k as a Senior BA and we get free healthcare through her employer. Feels like we're rolling in the cash, but I absolutely get jealous when reading here or on Blind about huge tech salaries.
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Jun 28, 2021 18:56
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oliveoil posted:What are the types of companies that pay the most nowadays? Star War Sex Parrot fucked around with this message at 19:43 on Jun 28, 2021 |
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Jun 28, 2021 19:40
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ultrafilter posted:Joining a crypto company now is probably like joining a dotcom startup in June 2000 or later. Yeah, it's going to be sweet until the bubble bursts, but that's probably not that far off. Coworker of mine just announced he's leaving his cushy eng manager job to go work for a bitcoin startup. If you work the timeline backwards, he started the interview process at the peak of the market. When he announced his resignation it had lost 40% of it's value, lmao But, whatever, he lives in a very low CoL area, probably paid off his house and vested all his shares at our old company, which makes it a good time to do risky poo poo, I guess
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Jun 28, 2021 22:15
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I have an acquaintance-friend that is an accountant that went to work for some crypto company a couple years ago. He will outright tell you that the company is a scam and that every one of the founders and leaders are total morons and that he hates all of them. But they pay him an absolutely stupid amount of money that he couldn't refuse. When it all crumbles and collapses I'm sure his old generic corporate accounting job, or someone similar will take him back. Or he'll have stacked so much paper he won't need to. As long as you're getting paid in real money, not monopoly tokens.
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Jun 28, 2021 23:03
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In my early 40s, married, one tiny kid. Wife earns almost as I do, but she'll surpass me within a year, I'm sure. Living in a low-cost area made this year good to us, obvious crap notwithstanding.
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Jun 29, 2021 01:24
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Guinness posted:I have an acquaintance-friend that is an accountant that went to work for some crypto company a couple years ago. He will outright tell you that the company is a scam and that every one of the founders and leaders are total morons and that he hates all of them. But they pay him an absolutely stupid amount of money that he couldn't refuse. Pretty good chance they ask him to do something illegal in the near future though.
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Jun 29, 2021 03:54
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Mid 40s one kid 1994 - Founded ISP in college, sold it when DSL came along 1998 - Enterprise Systems Management in Denver for 55k/?/0 1999 - ESM Consultant in Figgieland for 110k/?/? 2000-2012 Sr Software Engineer for Games 100k - 135k salary, some amount of bonus at various places Got some Series A => IPO for a bay area house, promptly left for Seattle 2012-2015 Engineering Manager in Games for Mobile games 165 2016 - Company brought 200k w/40% bonus target 2019 - Laid off new company still in games 200/20% + separate 6% never paid out less than 280% of the 20% / 50k 2021 - Now 230/25%+6%/20% yearly RSUs
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Jun 29, 2021 05:17
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Hughlander posted:Mid 40s one kid 100k in '99 feels like a lot more than 200k in '21. I wonder if that's actually true or just my bias. edit: I guess it's my bias. Inflation calculator says it's more like 100k => 160k from '99 to '21. downout fucked around with this message at 13:52 on Jun 29, 2021 |
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Jun 29, 2021 13:49
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downout posted:100k in '99 feels like a lot more than 200k in '21. I wonder if that's actually true or just my bias. You knew fewer people in '99 making $100k. You know a lot more now making $200k. You're old.
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Jun 29, 2021 14:28
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kayakyakr posted:You knew fewer people in '99 making $100k. You know a lot more now making $200k. You're old.  Ya, in '99 100k seemed like an impossible number. That was way more than anyone I knew made.
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Jun 29, 2021 15:08
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downout posted:100k in '99 feels like a lot more than 200k in '21. I wonder if that's actually true or just my bias. Not sure which inflation calculator you used and what metric it was using, but many of them exclude housing, and housing, the thing most folks spend the most money on, has more than doubled in price across the US since 1999. In some areas, a lot more. SF median home sale price more than quadrupled from 1999 to 2018. So you might not be that far off, in practical terms, in terms of overall buying power for a tech worker, more likely than most to be living in a larger city that saw higher than average increases in housing costs. Of course if you, like, bought a house in 1999 with those bucks, then this doesn't apply, hah.
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Jun 29, 2021 16:08
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Steve French posted:Not sure which inflation calculator you used and what metric it was using, but many of them exclude housing, and housing, the thing most folks spend the most money on, has more than doubled in price across the US since 1999. In some areas, a lot more. SF median home sale price more than quadrupled from 1999 to 2018. So you might not be that far off, in practical terms, in terms of overall buying power for a tech worker, more likely than most to be living in a larger city that saw higher than average increases in housing costs. I wouldn't look at SF home prices as a metric of inflation; SF property owners there got lucky. Survivorship bias makes it feel like that's every person's experience, but in most locales, home prices track with inflation at around 2%. Getting a mortgage then was just easier because a downpayment was more of a nice-to-have (what could go wrong with that?).
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Jun 30, 2021 22:50
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philihp posted:I wouldn't look at SF home prices as a metric of inflation; SF property owners there got lucky. Survivorship bias makes it feel like that's every person's experience, but in most locales, home prices track with inflation at around 2%. Getting a mortgage then was just easier because a downpayment was more of a nice-to-have (what could go wrong with that?). My point was not that housing costs are a metric of inflation, or even that they should be included in inflation. Rather, that when thinking about / answering OP's original question/wondering: how does $100k in '99 compare to $200k in '21, just looking at CPI, for example, doesn't tell the whole story, because it doesn't include housing prices. SF is not a representative example for the whole country for sure, but it is actually generally true that housing prices have increased faster than inflation at a nationwide level, and this is generally, from the data I've seen, especially true in cities heavy in technology jobs (not just SF). I don't know where you got the information that home prices tend to track with inflation at around 2%, perhaps it is true but the aforementioned larger increases in cities skews the nationwide data. But: https://fred.stlouisfed.org/series/CSUSHPINSA There is one time period ending in 2021 where it is true that prices increased an amount equivalent to 2% per year over that time period, and that's compared to 15 years ago, at the top of the last housing bubble. So, yeah, I think it's true that in the context of the question "what's an equivalent tech worker salary now to a $100k salary in 1999 in terms of cost of living?" the answer is almost certainly more than the $160k number that just looking at inflation would give you.
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Jun 30, 2021 23:57
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Kicking off the ol process and heard back from G with a "Hi I work in 'a specialized recruiting team within Google Engineering'" from my recruiting coordinator. Anyone know what this means?
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Jul 2, 2021 15:35
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Recruiting is a mystery to me.
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Jul 2, 2021 15:38
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Good Will Hrunting posted:Kicking off the ol process and heard back from G with a "Hi I work in 'a specialized recruiting team within Google Engineering'" from my recruiting coordinator. Anyone know what this means? Probably a recruiter for a specific team/org
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Jul 2, 2021 15:47
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I got an unsolicited SMS from NIAH recruiting at 4am wednesday morning. So gently caress those guys.
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Jul 2, 2021 17:40
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i got an unsolicited phone call from korean recruiter at 2am pacific time once lol i cursed them out in 2 languages!
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Jul 2, 2021 17:50
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I get being annoyed at the unsolicited part but why does time of day matter? You see the notification after you wake up, whenever you bother to check your phone.
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Jul 2, 2021 17:54
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Light sleepers who haven’t discovered the modern wonder that is do not disturb mode, perhaps?
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Jul 2, 2021 18:05
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I've had enough calls from hospitals at night to be too nervous to use it. Okay only two in the last like ten years but that's still worrisome with elderly parents!
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Jul 2, 2021 18:11
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I've missed so many on-call alarms due to my sleeping ability. Old age comes in handy sometimes.
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Jul 2, 2021 18:12
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I keep my phone on silent 99% of the time unless I'm expecting a call back, or some kind of scheduled call That said, 1) people do keep their ringer on (like my wife, her dad has chronic/terminal health issues) and if you're going to make the conscious effort to send an alert to their phone, doing it during regular business hours and not in the middle of the night in their local time zone is, at the least, a reasonable ask. This guy isn't recruiting for McDonald's fry cooks, unsolicited SMS reeks of desperation and amateur hour 2) my phone number has been on the federal Do Not Call List since, I'm pretty sure, the literal day of it's inception I don't mind the emails, that's an asynchronous form of communication, and nobody is going to email you to let you know your family member is in the hospital
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Jul 2, 2021 18:46
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apseudonym posted:Probably a recruiter for a specific team/org Ah gotcha. I had to fill out a questionnaire that asked what I was interested in and then specifically asked about interest in Android, then give some times for a phone screen.
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Jul 2, 2021 18:48
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