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In your opinion, how well does their data apply to the tech startup scene? There's, of course, many factors that make this type of employment quickly changing,

by lolwutf 11y ago

In your opinion, how well does their data apply to the tech startup scene? There's, of course, many factors that make this type of employment quickly changing, quite dynamic, and different from standard corporate employment.

uptown 11y ago
I've found their statistics to be focused on a broader base of employers than just startups, so I'd expect salaries in their data to likely be higher since they don't factor in equity. You can use this formula for adjusting for the value of the equity: https://news.ycombinator.com/item?id=10529567 https://news.ycombinator.com/item?id=10529567
- hardwaresofton 11y ago
  Interesting, I would have gone the other way (assuming salaries in data were lower), as I think there's quite a bit of inflation in startup job offers. Also, I wonder how best to account for stock units vs options as far as equity awards go.
  - Phlarp 11y ago
    >I think there's quite a bit of inflation in startup job offers. I think you're living in a willfully ignorant echo chamber
    - hardwaresofton 11y ago
      I don't think I understand this comment enough to refute it... Are you saying that there startup job offers aren't inflated? Or that they are? Are you assuming I live in SV?
      - simoncion 11y ago
        > Are you saying that there startup job offers aren't inflated? Or that they are? Aren't. Conventional wisdom is that folks who work for a startup take a significant haircut vs. working for an established company.
        hardwaresofton 11y ago
        Thanks for clarifying. I made the comment because I find that startups (or the recent brand of startups with crazy valuations and relatively cheap operating costs) are the ones that push 80K/90K+ salaries (at the very least) for people straight out of college and nice office perks. A few years ago (and probably still now), people could get hired by big companies like HP/Dell/Intel/Oracle (or other big companies whose main competency isn't necessarily computing) with relatively low salaries (lets say 60K or 70K). This only really applies to recent grads/relatively young developers though, I guess. I see now that I had it backwards.

by lolwutf 11y ago

uptown 11y ago

I've found their statistics to be focused on a broader base of employers than just startups, so I'd expect salaries in their data to likely be higher since they don't factor in equity. You can use this formula for adjusting for the value of the equity: https://news.ycombinator.com/item?id=10529567 https://news.ycombinator.com/item?id=10529567

hardwaresofton 11y ago
Interesting, I would have gone the other way (assuming salaries in data were lower), as I think there's quite a bit of inflation in startup job offers. Also, I wonder how best to account for stock units vs options as far as equity awards go.
- Phlarp 11y ago
  >I think there's quite a bit of inflation in startup job offers. I think you're living in a willfully ignorant echo chamber
  - hardwaresofton 11y ago
    I don't think I understand this comment enough to refute it... Are you saying that there startup job offers aren't inflated? Or that they are? Are you assuming I live in SV?
    - simoncion 11y ago
      > Are you saying that there startup job offers aren't inflated? Or that they are? Aren't. Conventional wisdom is that folks who work for a startup take a significant haircut vs. working for an established company.
      - hardwaresofton 11y ago
        Thanks for clarifying. I made the comment because I find that startups (or the recent brand of startups with crazy valuations and relatively cheap operating costs) are the ones that push 80K/90K+ salaries (at the very least) for people straight out of college and nice office perks. A few years ago (and probably still now), people could get hired by big companies like HP/Dell/Intel/Oracle (or other big companies whose main competency isn't necessarily computing) with relatively low salaries (lets say 60K or 70K). This only really applies to recent grads/relatively young developers though, I guess. I see now that I had it backwards.