3 ms·
> it is easy to earn $200k to $300k with just a few years of experience I think this part shows that whether it's easier to make more as an employee or self-em
by kohanz 7y ago
> it is easy to earn $200k to $300k with just a few years of experience
I think this part shows that whether it's easier to make more as an employee or self-employed is highly regional. In large, competitive tech centers, where FAANG companies are, the demand and competition for talent is high and fierce, driving salaries significantly higher than what you might normally expect. The cost of living in such places also tends to be astronomical.
In other places, say medium-sized cities that are not known as tech centers, that dynamic doesn't exist. In my experience, this means that the income you can achieve as a self-employed (and often remote) software engineer far exceeds the general salary "ceiling" of that local region (and I'm talking about North America here, not far-off places). So you may not quite achieve FAANG level compensation (although I'm sure some do), but relative to the cost-of-living you're doing quite well if not better.