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Well, do you make 500k? If not, then why not? It’s possible in the US, but the median US household income is 1/8 that. The vast majority of workers, probably in
by pmiller2 8y ago
Well, do you make 500k? If not, then why not? It’s possible in the US, but the median US household income is 1/8 that. The vast majority of workers, probably including most software engineers, ate better off at $50k but not having to worry about insurance if they get laid off, and getting 3-6 weeks notice when being let go (among other things).
- esoterica 8y agoThe people pulling bubbly SV comp numbers (i.e. the topic of the thread) are not part of that majority though.
- jimbokun 8y agoProbably not very many of them are making $500k, either.
- pmiller2 8y agoMy guess is that a huge majority the software engineers in the Bay Area are making less than half those numbers. If you value pre-IPO options at the proper discount, I would guess a majority make less than $250k. That’s a high total compensation, to be sure, but, given the cost of living, and the value a good engineer can create, it’s not absurd. Full disclosure: I work at a public company (not FAANG) and my TC is under $250k.