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The temptation here is that going from L5 to L6 has a massive increase in what you might be doing in your day to day that isnt comparable to the compensation.
by namelessoracle 5y ago
The temptation here is that going from L5 to L6 has a massive increase in what you might be doing in your day to day that isnt comparable to the compensation.
A good L5 in a bog standard enterprise role is likely getting their deliverables done in 2 to 4 hours (in comparison to their teammates), and the rest of the time is meetings and non coding tasks. The rest of your day is yours to spend however you want in the remote world.
When they go to L6 all that "free time" is now gone helping peers, acting as a multiplier, design discussions, and attending more meetings. You are also being pushed outside your comfort zone of just grinding out the code.
Those 4 hours could have instead be used to L4 tier work for another company and the financial incentives are higher to just to do that instead. You also are just expected to grind out code.
The only real thing that makes this untenable is making the multiple meetings that each company host. There is probably an opportunity here for a company that can identify talented L5s who can quickly get well groomed stories done for them as a side hustle.
- 62951413 5y agoI imagine two SE incomes would result in ~50% marginal tax rate in CA if not AMT. Wouldn't it reduce the incentive?
- downrightmike 5y agoNo, because no one every said no thanks to winning the lottery because they didn't want to pay taxes on the winnings. and taxes are graduated.
- shaftway 5y agoYou're partially right, but at the income level we're talking about the taxes aren't any more graduated. I'd expect someone with these incomes to be in the highest tax grade, and the marginal rate at this point is 41-43%, between federal and state in CA.
- throwoutway 5y agoMany talented engineers do not live, nor want to live, in California
- downrightmike 5y agoThe coasts are crazy, the people in the 20th century just dumped all kinds of really toxic chemicals and nuclear waste, I was surprised about just how much nuclear waste is in the waters around California . https://www.wsj.com/articles/SB10001424052702304773104579268563658319196 https://www.wsj.com/articles/SB10001424052702304773104579268...