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> 80% of Googlers in NYC will probably have lower lifetime earnings than firefighters or cops once you factor in pensions No way. How much do you think Google

> 80% of Googlers in NYC will probably have lower lifetime earnings than firefighters or cops once you factor in pensions No way. How much do you think Google entry level fresh graduate engineers earn in total compensation?

claydavisss 8y ago
You will probably be retired for thirty years. Public employees are getting paid for those years, techies aren't. I have a relative who is retired CHP. $200k a year total retirement benefits. Show me a rank and file Googler who has that lined up. Typical techie trajectory will be maximum salary around age forty and then increasing irrelevance As I tell everyone in tech now - imagine 64. It's coming.
- pinewurst 8y ago
  Do the likes of CHP still promise that kind of pension? I have a relative who's retired civil service in Southern California and there was a big dropoff in plan quality after his era.
- cjhopman 8y ago
  Very, very few retired CHP are getting $200k/year. The average CHP pension is <$100k/year and is worth $2.6 million. Only about 1000 retired CHP are getting more than $100k/year. The average Googler should be making 300-400k+/yr after 5 years. If that Googler is willing to live on a CHP salary for 30 years, it should be trivial to have saved well over $2.6million. They should, in fact, be able to save well over double that over 30yrs giving you the equivalent of that $200k a year in benefits.
  - claydavisss 8y ago
    bullshit that the "average" googler is making $400k after just five years, come on, thats just fantasy football. remember Google employs people like HR and Accounts Receivable and lots of rank-and-file tech there's really nothing more to do than come back here in twenty years and comment on what will be a flood of stories with titles like: "Ask HN: was once a staff engineer at Google but since I turned fifty no one will hire me and all new jobs require fluent Mandarin. I'm running out of money, advice?" The typical HN reader at this point hasn't even experienced a downturn.
- deleted 8y ago
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claydavisss 8y ago

You will probably be retired for thirty years. Public employees are getting paid for those years, techies aren't. I have a relative who is retired CHP. $200k a year total retirement benefits. Show me a rank and file Googler who has that lined up. Typical techie trajectory will be maximum salary around age forty and then increasing irrelevance As I tell everyone in tech now - imagine 64. It's coming.

pinewurst 8y ago
Do the likes of CHP still promise that kind of pension? I have a relative who's retired civil service in Southern California and there was a big dropoff in plan quality after his era.
cjhopman 8y ago
Very, very few retired CHP are getting $200k/year. The average CHP pension is <$100k/year and is worth $2.6 million. Only about 1000 retired CHP are getting more than $100k/year. The average Googler should be making 300-400k+/yr after 5 years. If that Googler is willing to live on a CHP salary for 30 years, it should be trivial to have saved well over $2.6million. They should, in fact, be able to save well over double that over 30yrs giving you the equivalent of that $200k a year in benefits.
- claydavisss 8y ago
  bullshit that the "average" googler is making $400k after just five years, come on, thats just fantasy football. remember Google employs people like HR and Accounts Receivable and lots of rank-and-file tech there's really nothing more to do than come back here in twenty years and comment on what will be a flood of stories with titles like: "Ask HN: was once a staff engineer at Google but since I turned fifty no one will hire me and all new jobs require fluent Mandarin. I'm running out of money, advice?" The typical HN reader at this point hasn't even experienced a downturn.
deleted 8y ago
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