3 ms·

Thanks for sharing, it's so hard to find data on this! If you don't mind sharing more, is that working for a single US company or is it contracting / your own

Thanks for sharing, it's so hard to find data on this! If you don't mind sharing more, is that working for a single US company or is it contracting / your own company? I'm at 1/3 of your income but I find it increasingly hard to grow from here. To be honest I wouldn't mind being an individual contributor in the future but I don't see my income raise much more than that (I'm in Europe and I literally don't know anyone making close to half a million as an individual contributor). I guess FAANGs (and stock options) would be an option but my friends at Google / Apple / FB are not very happy. Mostly dull jobs unless you're in some lucky team, less flexibility (at least pre covid, now everyone is remote anyway), more politics, similar cash compensation but very valuable stocks (which is how you make money). Plus throwing away two months of my life to prepare for a dumb interview. Instead I'm looking into kissing my IC's career goodbye, start a small tech business and try to grow that one.

parasubvert 6y ago
This is working as an employee at a single US company (I live in Canada). It was total compensation (salary, bonus, annual stock grants). I grew from 1/3 of this 13 years ago though I changed employers several times. Eventually the small raises / bonuses / stock grants kept piling up. During this period for about 2 years I was an independent contractor and was at around $250k annually (could be higher, but you don’t get paid for vacation, conferences or marketing/sales efforts). Building a small lifestyle business is another pathway to making a lot of money, though it too tends to take a few years. I have friends that have built niche industry software apps that gives them about $1m-2m a year. Enough to hire staff to keep things running.

3 ms·

Thanks for sharing, it's so hard to find data on this! If you don't mind sharing more, is that working for a single US company or is it contracting / your own

by jokethrowaway 6y ago

parasubvert 6y ago
This is working as an employee at a single US company (I live in Canada). It was total compensation (salary, bonus, annual stock grants). I grew from 1/3 of this 13 years ago though I changed employers several times. Eventually the small raises / bonuses / stock grants kept piling up. During this period for about 2 years I was an independent contractor and was at around $250k annually (could be higher, but you don’t get paid for vacation, conferences or marketing/sales efforts). Building a small lifestyle business is another pathway to making a lot of money, though it too tends to take a few years. I have friends that have built niche industry software apps that gives them about $1m-2m a year. Enough to hire staff to keep things running.