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> I’ve hired a lot of excellent remote developers in European countries. The trick is to pay them American-level wages, which are often substantially higher tha

by dom96 5y ago

> I’ve hired a lot of excellent remote developers in European countries. The trick is to pay them American-level wages, which are often substantially higher than what they could get locally. Are there any websites that specifically cater to advertising these kinds of positions? As someone in London currently working at a FAANG it's becoming clear that the only way I can hope even to match my current salary is to A) get hired by another FAANG or B) get hired remotely by a US-based company. If there is an option C) that I haven't thought about, please do share :)

evgen 5y ago
If you are expecting to get the same total comp as you currently do with with RSUs then your only option in London is fintech or a hft/quant firm. I have received offers from companies in the city that net out to £350k+ as well as a small equity upside, but even at a FAANG your best bet for good comp was to join them in the US and then get transferred to the UK office. It is also worth noting that while the price trajectory for most of these RSU shares has been sharply up in the past decade it can easily plateau or even trend down. If you really are interested in planning your post-FAANG path with an eye towards the total comp I would suggest networking into fintechs. The better dev jobs are not always advertised, so who you know can help get you in the door before the job is ever posted.
- dom96 5y ago
  I'm not really expecting it. I'm actually not sure what to expect. I'm still very early in my career, I've been very lucky to graduate with a position at a FAANG but now am feeling like there is nowhere for me to go but down comp-wise. Traditionally I have heard from family and friends that accepting anything short of a raise when switching roles is a loss, in fact I have heard and read many times that switching companies is the best way to get a raise in the software industry. Is it typical for engineers switching from FAANG to non-FAANG to take a significant pay cut? (~50%) As for fintech, I have had an internship that has put me off them. But maybe it was just a bad place and I shouldn't write them off completely.

by dom96 5y ago

evgen 5y ago

If you are expecting to get the same total comp as you currently do with with RSUs then your only option in London is fintech or a hft/quant firm. I have received offers from companies in the city that net out to £350k+ as well as a small equity upside, but even at a FAANG your best bet for good comp was to join them in the US and then get transferred to the UK office. It is also worth noting that while the price trajectory for most of these RSU shares has been sharply up in the past decade it can easily plateau or even trend down. If you really are interested in planning your post-FAANG path with an eye towards the total comp I would suggest networking into fintechs. The better dev jobs are not always advertised, so who you know can help get you in the door before the job is ever posted.

dom96 5y ago
I'm not really expecting it. I'm actually not sure what to expect. I'm still very early in my career, I've been very lucky to graduate with a position at a FAANG but now am feeling like there is nowhere for me to go but down comp-wise. Traditionally I have heard from family and friends that accepting anything short of a raise when switching roles is a loss, in fact I have heard and read many times that switching companies is the best way to get a raise in the software industry. Is it typical for engineers switching from FAANG to non-FAANG to take a significant pay cut? (~50%) As for fintech, I have had an internship that has put me off them. But maybe it was just a bad place and I shouldn't write them off completely.