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ok, thanks do these companies really think people want to not only work in an office, but live in one of the most expensive cities in the country, when they could just work remotely from somewhere with a much lower COL?
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Mar 3, 2022 19:41
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actionjackson posted:ok, thanks Yes, people want to live in the most expensive cities. That's why they're expensive.
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Mar 3, 2022 19:43
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theres a baseline of demand, but supply of land can never go up and peeps are not allowed to bid of smaller bits of land
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Mar 3, 2022 19:50
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tk posted:Yes, people want to live in the most expensive cities. That's why they're expensive. yes but once covid started didn't a lot of people leave SF because they could work remotely somewhere else that had a lower col? also building height restrictions are also a part of the issue
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Mar 3, 2022 19:56
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can someone re-link the negotiation thread for me? xoxo
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Mar 3, 2022 20:23
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actionjackson posted:yes but once covid started didn't a lot of people leave SF because they could work remotely somewhere else that had a lower col? A lot of companies are trying to pull people back to the office now that Covid is over (it's not). We'll see how that works out for them.
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Mar 3, 2022 20:26
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lament.cfg posted:can someone re-link the negotiation thread for me? xoxo https://forums.somethingawful.com/showthread.php?threadid=3768531
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Mar 3, 2022 21:06
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actionjackson posted:yes but once covid started didn't a lot of people leave SF because they could work remotely somewhere else that had a lower col? the exodus from sf was extremely overblown. there were people who took advantage of being able to work remotely but it's not like the city emptied out.
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Mar 4, 2022 00:26
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most of the people I know who moved away didn’t live in the city or oakland but one of the overpriced suburbs like pleasanton, san rafael or redwood city I have rent control, it’s going to take “can pay cash for my dream house” to get me out of here
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Mar 4, 2022 03:26
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It looks like home prices in that area are around 1k-1.2k/SF that's 4-5x the cost where I live, but I'm pretty sure they wouldn't pay me 4-5x as much as I make now if I was interested in working there lol are most places doing a partial remote thing?
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Mar 4, 2022 20:30
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you don't need a 5x increase in income to accommodate a 5x increase in your mortgage, though. it's weird that you'd expect that imo.
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Mar 4, 2022 21:37
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don’t sell yourself short
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Mar 4, 2022 21:40
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actionjackson posted:It looks like home prices in that area are around 1k-1.2k/SF it depends upon your pay. if your current tc is 100k even or something like that 4-5x tc may actually be in the cards and, you know, there might be some magic way to pay a 5k/mo mortgage on a 10k/mo cash comp bob dobbs is dead fucked around with this message at 21:51 on Mar 4, 2022 |
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Mar 4, 2022 21:43
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hot take: the only time a computer toucher should work/live in SF is if you need VC money for something making IC engineers do it is dumb, especially in series b-large sized companies
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Mar 4, 2022 21:51
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yes I suppose you're right, and no I will never be making money like that, I'm not a software engineer, and not someone whose skills or interests would fit in a company that pays a LOT like FAANG for the remote option they mentioned 130-150k, no idea what it would be in person. but not enough to afford an 800k shack or w/e but maybe they won't even want a second interview so this may be irrelevant anyway I don't have experience with clinical trials or statistical genetics, but I've been working with solid organ transplant data for the last six years, and they make DNA surveillance tools to look for early graft (transplanted organ) injury and rejection actionjackson fucked around with this message at 22:23 on Mar 4, 2022 |
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Mar 4, 2022 22:20
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actionjackson posted:for the remote option they mentioned 130-150k, no idea what it would be in person. but not enough to afford an 800k shack or w/e I moved to the bay for a FAANG for $125K/yr incl RSUs in 2013, straight out of undergrad. It wasn't enough money. I like to visit the bay and since my wifes family is from there do visit once per year. I hated living there. I moved back. No loving way in hell I'd move there for $150K now. The 500sq. ft. 1br apartment I paid $1650/mo then is now over $2000/mo. For comparison $150K in SF peninsula is $80K~$90K in Minneapolis. If you stand your ground hunting for remote, you can move anywhere you want. If starlink and self driving cars take off, a decade from now imma live on a bus for a year.
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Mar 5, 2022 01:32
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CarForumPoster posted:
lolololololololol
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Mar 5, 2022 02:31
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Captain Foo posted:lolololololololol let me have hope okay
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Mar 5, 2022 02:46
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one of my favorite product development sayings: “hope is not a strategy”
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Mar 5, 2022 02:51
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CarForumPoster posted:If starlink and self driving cars take off, a decade from now imma live on a bus for a year. I wonder how well starlink and self driving cars will work in an infrastructure-less nuclear wasteland
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Mar 5, 2022 02:51
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CarForumPoster posted:let me have hope okay
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Mar 5, 2022 02:53
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CarForumPoster posted:I moved to the bay for a FAANG for $125K/yr incl RSUs in 2013, straight out of undergrad. thats why they pay a quarter, third of a million now
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Mar 5, 2022 03:49
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bob dobbs is dead posted:thats why they pay a quarter, third of a million now 500k
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Mar 5, 2022 09:45
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not for new grads
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Mar 5, 2022 14:55
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CarForumPoster posted:I moved to the bay for a FAANG for $125K/yr incl RSUs in 2013, straight out of undergrad. It wasn't enough money. I like to visit the bay and since my wifes family is from there do visit once per year. I hated living there. I moved back. No loving way in hell I'd move there for $150K now. The 500sq. ft. 1br apartment I paid $1650/mo then is now over $2000/mo. I make 83K right now in Minneapolis, though I also have insanely good health insurance (literally no deductible) since I work for a hospital system. The one thing that does appeal to me about SF is that it looks like you could live pretty easily without a car. edit: drat FAANG has so much money, my first job in 2008 i got 50k lol
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Mar 5, 2022 15:18
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actionjackson posted:edit: drat FAANG has so much money, my first job in 2008 i got 50k lol I think I made more in bonuses last year than I did my first 3-4 years out of school.
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Mar 5, 2022 15:57
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actionjackson posted:edit: drat FAANG has so much money, my first job in 2008 i got 50k lol I was the same way, and then took some solid leaps jumping across companies. My faang friends make 2-3x what I make now, and we've been working for around the same time. I don't feel too bad because I make good money, but still lol.
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Mar 5, 2022 16:36
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tk posted:I think I made more in bonuses last year than I did my first 3-4 years out of school. last year i made about as much as i did in my first 7 years out of school combined
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Mar 5, 2022 18:35
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if I land one of the jobs I’m aiming it will be almost a 2x bump because of the concept of “total compensation”. I’m a slow dummy and stayed at the same company for ten years so even tho I was getting decent raises I haven’t gotten any equity or bonuses ever because my initial contract was of a junior caliber. so when a company is offering me a 10% bump in cash and also a ton of equity and automatic bonuses my eyes bug out like a cartoon with dollar signs in them.
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Mar 5, 2022 19:05
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Plorkyeran posted:last year i made about as much as i did in my first 7 years out of school combined Nice. Fart Sandwiches posted:if I land one of the jobs I’m aiming it will be almost a 2x bump because of the concept of “total compensation”. I’m a slow dummy and stayed at the same company for ten years so even tho I was getting decent raises I haven’t gotten any equity or bonuses ever because my initial contract was of a junior caliber. so when a company is offering me a 10% bump in cash and also a ton of equity and automatic bonuses my eyes bug out like a cartoon with dollar signs in them. “Automatic” bonus?
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Mar 5, 2022 19:21
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bob dobbs is dead posted:thats why they pay a quarter, third of a million now Cool but this poster is getting offered $150K. It's not about what FAANGs pay, its about evaluating this opportunity which it turns out is not a raise if he has to move but is a very good raise if he stays remote. Also, they may pay touchers that but they're paying Mech E new grads closer to $150K, I hear.
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Mar 5, 2022 20:33
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tk posted:Nice. x% of salary as sign on and then yearly, assuming performance metrics and stuff I guess. I could also be wrong I’m not done interviewing anyway it’s still more than I get now lol
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Mar 5, 2022 21:09
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Fart Sandwiches posted:assuming performance metrics and stuff I guess. It's not automatic. Ask them how much the bonus payout has been for the last few years and what it takes to get the full x%.
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Mar 5, 2022 21:10
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i had automatic bonuses at my last job. they were guaranteed in my contract and they got paid out in full every year I worked there even when we weren't making money
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Mar 5, 2022 21:13
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Fart Sandwiches posted:x% of salary as sign on and then yearly, assuming performance metrics and stuff I guess. I could also be wrong I’m not done interviewing anyway it’s still more than I get now lol I mean yeah go for the job. Just don’t be one of those “oh whoops didn’t get max bonus and now I’m bankrupt” people. It’s not a very hard situation to avoid.
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Mar 5, 2022 21:22
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ultrafilter posted:It's not automatic. Ask them how much the bonus payout has been for the last few years and what it takes to get the full x%. thanks I’ll make a note to ask
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Mar 5, 2022 21:22
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also be sure to ask about bonus proration during the first/subsequent years. i got hosed because my bonus was prorated for paternity leave, which nobody told me about until bonus time.
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Mar 6, 2022 15:09
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https://twitter.com/seattletimes/status/1500499410530230272 Oh poo poo I didn’t know we were getting this
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Mar 6, 2022 16:01
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tk posted:https://twitter.com/seattletimes/status/1500499410530230272 Hell yes
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Mar 6, 2022 16:26
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AnimeIsTrash posted:Hell yes this a double edged sword. you do get a bit more info about the position and what it pays, but other employers can get salary information about your own position via public job postings. I don’t know if it’s clear whether this will actually improve wages for anybody who isn’t in tech.
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Mar 6, 2022 17:15
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