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I know a guy that left one FAANG recently which was laying off people, interviewed at two other FAANGs, got offers for senior remote roles for over $600k, accep
by bitL 4y ago
I know a guy that left one FAANG recently which was laying off people, interviewed at two other FAANGs, got offers for senior remote roles for over $600k, accepted both and is now working two jobs at the same time. Given he was doing the previous FAANG together with a tough grad school, I think he'll be fine.
- olah_1 4y agoIs that legal? In the interview, you basically have to lie about your employment situation, right?
- buro9 4y agoIf we assume they started both on the same date, then they wouldn't have had to lie or mislead prior to that point. Then the question is only whether it's legal (contractually) to be employed by more than one employer at a time. But to that... would it be legal for a company to own every waking hour rather than just your employed hours? I've not seen anything that says someone has to be exclusively hired, but they would need to be able to fully do their job for their employed time and surely that's all that matters.
- the_jeremy 4y agoMy contract says I can't be employed anywhere else. Part of it is for IP reasons, because they want to own everything I create.
- mixmastamyk 4y agoI hope they are paying handsomely for that provision.
- the_jeremy 4y agoI'm in the top 25% compensation for senior SWEs in my area, according to levels.fyi, and I only have 5 YOE, so I guess so. I don't know that either me or them feel like that provision is the driver of this, but if it weren't a great offer I'd probably fight harder.
- djha-skin 4y agoIf it's in your contract where you promise not to work for anyone else without telling your employer, yes, it's illegal because breach of contract is illegal. But it's not illegal in its own right. However I doubt that they didn't make him sign a contract to the contrary so he's probably double dipping.
- bitL 4y agoHe'll likely get fired once they figure it out but by that time he might be able to retire early.
- zamalek 4y agoContracts don't determine what is legal and not legal. If the said person is found out then they would be in breach of contract and could be fired or sued. They would not earn themselves a criminal record.
- solarmist 4y agoThis is an underrated comment! Getting sued is not getting convicted of something.
- alexfromapex 4y agoThey could earn themselves a criminal charge if the court decides what they're doing is fraud which it likely is if they have signed something saying they wouldn't work elsewhere simultaneously.
- notfromhere 4y agoIt's not fraud. If you are performing to expectation, no one is being defrauded. Anti-moonlighting clauses are nonsense.
- alexfromapex 4y agoIf the expectation is that you're not moonlighting so you sign a contract saying that you're not but you actually are, it's fraud full stop.
- tvanantwerp 4y agoHow many CEO's are CEO'ing for more than one company? If they can do it, why not the plebs?
- bitL 4y agoWell, you aren't supposed to destroy the fabric of society! /s How do you think society would work if there was no restriction on the size of the group that is allowed to break the laws for their own benefit?! Imagine the horror if all plebs were allowed to do that! Could everyone live in Monaco or what?
- Der_Einzige 4y agoUtil(itsrianism) is truth(tilitarianism) The categorical imperative deserves to stay in the dustbin of history.
- SpeedilyDamage 4y agoBecause the plebs sign contracts saying they won’t. It’s not illegal, just highly unethical. It’s also not true, he does not know someone doing this.
- bitL 4y agoIt's true, I know the guy. He's an outlier for sure, but he exists. Moreover, he moved from the toughest FAANG to more relaxed ones.
- SpeedilyDamage 4y agoWell, if I didn't believe you before, why do you think "It's true!" would sway me?
- bitL 4y agoYou said "it's not true" and not "I believe it's not true", i.e. a fact vs opinion, so I reacted.
- badpun 4y agoYou don't have to lie if you're unemployed during both of the interviews and then accept two offers simultaneously.
- greatpostman 4y agoThis is the true path to financial success
- mywittyname 4y agoIt's a better path, for sure. But the true path to financial success is to own a large enough share of a large enough company that you can get paid a 100-1000x salary for one job, rather than a 2x salary for two.
- greatpostman 4y agoIn a risk adjusted basis, making a million a year even for three years can set you up for life. Starting a business has so much risk, and could be attempted after you have 1.5 million saved and sitting in some index fund.
- spbaar 4y agoIm guessing an IC position? Still, being that senior I'd expect he's in quite a few meetings. I would love to hear how he manages his schedule and comes up with novel excuses. If he really is coding 90% of the time though, more power to him.
- bitL 4y agoThere are some strategies one can use, e.g. work for one company on the East coast and one on the West, then being an early starter at the first one and late starter at the second one. Perhaps have some known medical issue that occasionally requires skipping some meetings if there is a conflict. I am honestly monitoring him and I hope he'll share his stories, tips and close calls for some added amusement. He's definitely using two computers to keep any monitoring system at bay.
- imperialdrive 4y agoThis probably goes without typing, but that is amazing to think about. Thanks for sharing!
- FlyingSnake 4y agoI'm not in the USA so I'm not sure how the W2s and SSNs are tied to job/healthcare/401k etc, but how does this double timing work? Won't the Tax office/Finanzamt (IRS) know about this?
- ghiculescu 4y agoIt’s not illegal to have two jobs.
- mixmastamyk 4y agoWhy do so many people think this? Conditioning via plutocracy?
- DogLover_ 4y agoI am not in the US but where I am from the contract usually says you are not allowed to work for another employer unless approved by your current employee. All the stories of overemployed get me kinda envious because I would never dare to try it myself.
- bitL 4y agoIn your jurisdiction (Europe?) you are likely fine doing it legally if you are a consultant/contractor (i.e. responsible for all taxes/insurances yourself) but not as an employee. So if you find two remote jobs in the US, you are good.
- mixmastamyk 4y agoOk. I’ve done it, and the money is nice. However it is a bit stressful and you’ll pay thru the nose in taxes, so I wouldn’t recommend long term.
- dymk 4y agoIt is likely a breach of contract at both jobs, though. All contracts I’ve signed in the past include a clause that say “this is your one and only primary job and you hold no others”.