4 ms·
If you're inside the US, just apply to any private unicorn or public tech company (the ones that get media coverage). Anecdotally, roughly 50% of them are now c
by pembrook 5y ago
If you're inside the US, just apply to any private unicorn or public tech company (the ones that get media coverage). Anecdotally, roughly 50% of them are now cool with full remote and virtually all will pay 250k or more in total comp.
If you're outside the US, forget about salaried roles. I've found that a vast majority of companies mentioned above will have blanket policies against hiring non-US workers (most HR departments are still living in the past and don't know services like Pilot, Deel, Remote.com, etc exist).
Also, there's virtually zero non-American companies that pay those kind of salaries--save for a few select places like Singapore, Zurich (and funny enough, its also the American companies in those cities that pay the highest).
Contracting for sleepy European big companies is probably your best option if outside the US. In most European countries, there's insane cost benefits to having contractors vs. employees due to the social welfare systems and impossibility of firing an employee. So contractor rates can match US ones.
For all the talk about COVID unlocking the global marketplace of talent, I don't see any evidence of that happening yet.
Covid has eliminated geographic barriers to talent within countries, but the barriers between countries are still too scary for risk-averse, late-adopting HR/Compliance/Legal types to deal with.
Give it another 5 years before the FUD clears.
- yosito 5y ago> any private unicorn or public tech company (the ones that get media coverage) Can you give some example companies?
- ssijak 5y agoFirst part of the analysis is correct. But I care to disagree with the second one starting from here "For all the talk about COVID unlocking the global marketplace of talent, I don't see any evidence of that happening yet." I work exclusively remotely for around 4 years, and I was able to find good remote jobs previously, but after the pandemic started I noticed a large increase of offers and especially noticeable were offers from US companies/startups which were less common before. I'm based in Eastern Europe, but I do spend a lot of time abroad also traveling and I'm happy that a lot of new companies have embraced remote work.
- yeswecatan 5y agoI just received an offer from a unicorn where over a third of my total comp are ISOs. After reading many posts here about the number of ways they can be worth $0 even in the event of an IPO, I'm not so sure I want to accept.
- distribot 5y agoI can accept that prospect, but the thing I find the be really messed up is how you can be diluted beyond what you agreed to? It's not a percentage of ownership. They can just issue more shares. I don't get that.
- eric-hu 5y agoDilution can happen when investors put money into the company, increasing the value of shares. Does it matter if you own 1% of a million dollar valuation company? Or 0.1% of a 10 million dollar one? Separately, I haven’t seen an equity grant in terms of percentage of the company, so on paper one never agrees to a percentage ownership anyways.
- Remed 5y ago> Also, there's virtually zero non-American companies that pay those kind of salaries--save for a few select places like Singapore. What Singapore companies offer US-level compensation? I was interested in relocating to Singapore a while ago but was unimpressed by salaries there.