4 ms·
It's not what you make, it's what you keep. That 300K+ in SV comes coupled to an extreme cost of living. :)
by jcadam 4y ago
It's not what you make, it's what you keep. That 300K+ in SV comes coupled to an extreme cost of living. :)
- beamatronic 4y agoIt also doesn't help when the previous administration specifically targets you with punitive tax policies.
- scarface74 4y agoGood thing there are such things as remote jobs…
- jcadam 4y agoBut you're not going to get paid SV salaries working remotely (yes, I work remotely because living in CA is not appealing to me).
- scarface74 4y agoI work for BigTech remotely. My comp may be about 10% lower than the equivalent position on the west coast according to the internal “anonymous” compensation sharing Slack channel.
- edgyquant 4y agoI do and so does my whole team. I live in Seattle but a lot of our guys are in the south making six figure salaries. Not being paid the average salary seems to be fud I’ve heard from anti-remote people.
- acchow 4y agoBy “in the south making six figure salaries” do you mean $300k on 4 YOE?
- acchow 4y agoThe article lists out the average software developer salary as $120k. I have no idea if this is true (it sounds low to me), but I don't hear people saying that $120k remote jobs don't exist... People are saying $350k remote jobs don't exist. Which obviously is untrue (go work at Airbnb). But they're exceedingly rare.
- tzs 4y agoSV COL is high, but I don't think it is high enough to explain SV pay. Looking at a few non-SV cities such as Seattle, Chicago, Nashville, Orlando, Sacramento, Austin, and Fresno it costs $14-18k/year more to rent a 1 bedroom apartment in the Bay Area than to rent in those other places. The average monthly spending on food in SF is about $150/month more than the US average. That's under $2K/year. California does have a high income tax. For someone moving from somewhere else to California you might have to pay them maybe 10% more to compensate for that. Putting it all together, a job that pays around $100k/year in non-SV non-NY decent sized cities should need to pay if we are generous maybe around $140k/year due to higher COL in the Bay Area. That Bay Area tech pay is way more than that suggests that something other than SV COL is the main factor.