3 ms·
This is not true. The multiplier is at best 2-3x right now. Given the order of magnitude difference in living expenses this is insane.
by ramraj07 5y ago
This is not true. The multiplier is at best 2-3x right now. Given the order of magnitude difference in living expenses this is insane.
- RestlessMind 5y agoLet's take a concrete example. Google India L4 compensation is 82K USD[1]. For SV, it's 268K[2]. That's >3x right now. And accounting for 40% taxes and 30% spending (~7K per month which gives you a super comfortable lifestyle even in SV) leaves you with 30% savings, or ~84K USD which is the entire pre-tax pre-CoL salary for the same kind of work in India. Numbers are even more skewed as you become more senior. Now one may argue with Google being an outlier. But Google is an outlier in India as well and a lot of companies pay similar (>3X between SV vs India). SV is also not special in that Seattle or NYC will net you similar numbers. Care to cite some hard data about your statements? [1] https://www.levels.fyi/company/Google/salaries/Software-Engineer/L4/India/ https://www.levels.fyi/company/Google/salaries/Software-Engi... [2] https://www.levels.fyi/?compare=Google,Facebook&track=Software%20Engineer https://www.levels.fyi/?compare=Google,Facebook&track=Softwa...