4 ms·

>The market (not society) is treating us developers pretty >well. I am on the East Coast (outside of NYC, though), have been in the software business for 20+ y

by jazzyk 10y ago

>The market (not society) is treating us developers pretty >well. I am on the East Coast (outside of NYC, though), have been in the software business for 20+ years and know a lot of smart /accomplished people. I don't know a single software engineer who makes more than $200K/year in a senior engineering role, as an employee. (We are comparing salaries, not consulting income or stock options here, which can disappear very quickly). It would be nice for you to step outside of the bubble you live in SV, every now and then :-)

dgacmu 10y ago
Please include stock grants, because otherwise it's a silly comparison. With that included, I know a lot of people in SV, NYC, and even Pittsburgh who meet that bar. Google, Facebook, Dropbox, Microsoft -- all of these places pay over $200k total compensation for senior engineers. A grant of shares of GOOG or MSFT every year isn't likely to completely disappear within the vesting period...
- jazzyk 10y ago
  Stock grants for non-executive employees are rather rare (at least on the East Coast). And even then, once the bubble pops, if you don't sell (there is usually a vesting period), they could be worth much, much less than today. Remember 2000-2001?
  - dgacmu 10y ago
    I'm confused about this "east coast" thing. Many of the major tech companies that compensate in cash+RSUs operate on the east coast at some scale or another. Heck, in Pittsburgh alone, you can pick from Uber, Google, Facebook (Oculus), and Apple, of the "really big tech companies that give their employees RSUs". You'll find similar options, no pun intended, in NYC and Boston, at minimum. As I said: The rolling vesting offered by most companies means that you're selling stock every year after your first. So if you ignore the first year (or pretend that it's poorly compensated), it's not that shockingly bad.
serge2k 10y ago
> stock options RSUs in an established big company are much less likely become worthless overnight. Core part of your compensation at Amazon/Facebook/Google/etc...
carc 10y ago
I am not in SV (but still on the West coast) and I know several software engineers making more than 200k/year. That includes stock grants, because it's ridiculous not to when the stock is in a public company and can be immediately turned into cash.

by jazzyk 10y ago

dgacmu 10y ago

Please include stock grants, because otherwise it's a silly comparison. With that included, I know a lot of people in SV, NYC, and even Pittsburgh who meet that bar. Google, Facebook, Dropbox, Microsoft -- all of these places pay over $200k total compensation for senior engineers. A grant of shares of GOOG or MSFT every year isn't likely to completely disappear within the vesting period...

jazzyk 10y ago
Stock grants for non-executive employees are rather rare (at least on the East Coast). And even then, once the bubble pops, if you don't sell (there is usually a vesting period), they could be worth much, much less than today. Remember 2000-2001?
- dgacmu 10y ago
  I'm confused about this "east coast" thing. Many of the major tech companies that compensate in cash+RSUs operate on the east coast at some scale or another. Heck, in Pittsburgh alone, you can pick from Uber, Google, Facebook (Oculus), and Apple, of the "really big tech companies that give their employees RSUs". You'll find similar options, no pun intended, in NYC and Boston, at minimum. As I said: The rolling vesting offered by most companies means that you're selling stock every year after your first. So if you ignore the first year (or pretend that it's poorly compensated), it's not that shockingly bad.

serge2k 10y ago

> stock options RSUs in an established big company are much less likely become worthless overnight. Core part of your compensation at Amazon/Facebook/Google/etc...

carc 10y ago

I am not in SV (but still on the West coast) and I know several software engineers making more than 200k/year. That includes stock grants, because it's ridiculous not to when the stock is in a public company and can be immediately turned into cash.