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Seattle Tech Employees Earn 56% More Than NYC Finance Workers
- seattle_spring 7y agoFTA, "King County, Washington, tech workers average $5,367 per week, or about $279,000 a year." Sounds about right, when including stock compensation. I wish they'd provide the median and not the average.
- m0zg 7y agoSeems high for an "average", even in King County, and even with stocks. Or maybe I need to up my billing rate. :-)
- DaiPlusPlus 7y agoAs an SE in King County (they really should include Snohomish County too) I’ve noticed comps for this line of work really going up over the past 5-6 years. I attribute it to Amazon and Facebook’s growth and Microsoft paying people more to stay-put. What I don’t know is when it will end. Smaller established companies that don’t have the RSUs to give-out in lieu of cash comp are already feeling the pinch: one small company I worked at recently is certainly circling the drain because they can’t afford to attract talent. However, given Amazon’s famously short employee tenures, do people decide to do a 1-3 year stint at a $250k/yr job and then retire or move-back to a slower-paced job, or do they get established locally? I know there’s a LOT of new startups in Seattle lately that were founded by former Amazon people - but we don’t see this happen anywhere near to the same extent with Microsoft’s people. Perhaps it’s self-selection-bias: the people who want/choose to work at Microsoft want a stable career and not deal with the stresses of moving every couple of years?
- refulgentis 7y agoI thought I'd do the "3-5 year stint then move back" thing - bad news is BigCo is even more laid back than anything I can imagine, there's beauty in the invisibility of being one in a crowd