3 ms·

Both of these statements are true. Neither of them is what I meant.

• johnnyanmac 5y ago
  As a follow up to your edit: I think we agree on what market rate is, but what market rate actually is for tech is subject to a wide variety of answers. So that may be where the discrepancy comes from. that and the article in question giving questionable numbers like: >50-70k is a junior’s salary. Your people with 10 years of experience with C++ or whatever should be paid closer to 300k 50-70K out of school is normal in the US, but not necessarily all of US (70K in expensive areas like San Fransisco would be low balling, even as a new grad). 300K, even after 10 years, is not normal, not unless you started at a top company and/or have been aggressively chasing pay raises, internally or through job hopping. BUT, while abnormal it's also not a surprising number to hear either. It depends on so many factors.
  • ev1 5y ago
    Note that 70k for one person in SF is considered low income/needs assistance/basically not a living wage by hud.gov. The bare minimum is somewhere around 90k. At about ~140k for one person, you will still have difficulty renting a single housing unit because you will not be able to meet % of income = rent calculations. I have experience with this (and unrelenting corporate managed rentals charging several hundred in nonrefundable application fees just to reject for low income at 6 digits..).
    • nxpnsv 5y ago
      Interesting, thanks!