3 ms·

Is it not factored into the high salary? It's always an option to not work at these high comp/high stress companies.

catchnear4321 4y ago
It’s modern, white collar hazard pay, even if it will take some time for that to be recognized. There are absolutely lower stress, lower pay jobs out there for a lot of these “high stress” skill sets. The declining economy does the same with these choices as it does everywhere - make the risk more acceptable.
vineyardmike 4y ago
Yes but realistically they’re not paying that much. Most of US salaries have stagnated for years (thanks inflation) but factoring in inflation, this is where white collar salaries should be. A starting salary of 100k (lower than most FAANGs) may be excessive but in most of America 100k is barely enough for a house, car, kids (especially with college), and a comfortable retirement savings. It’s more than enough for a young single person, but not to support a family. Obviously most people make less, and most households in America make less, but a solid, comfortable, stress free, middle-class life expects that now.
- ethics13 4y ago
  >>A starting salary of 100k (lower than most FAANGs) may be excessive but in most >>of America 100k is barely enough for a house, car, kids (especially with >>college), and a comfortable retirement savings. It’s more than enough for a >>young single person, but not to support a family. Especially in cities like New York, San Francisco, etc...
olliej 4y ago
The salaries aren't particularly high at google vs any other tech company, especially when you look at the cost of living where they are located. A lot of total comp is in the form a stock grants, which given stagnating and decreasing stock price represents a reduction in total comp for folk who are there long enough. But also there's a difference between "this is your salary" and "this is your salary, but your job is no longer any safer than a contractor's"

It’s modern, white collar hazard pay, even if it will take some time for that to be recognized. There are absolutely lower stress, lower pay jobs out there for a lot of these “high stress” skill sets. The declining economy does the same with these choices as it does everywhere - make the risk more acceptable.

vineyardmike 4y ago

Yes but realistically they’re not paying that much. Most of US salaries have stagnated for years (thanks inflation) but factoring in inflation, this is where white collar salaries should be. A starting salary of 100k (lower than most FAANGs) may be excessive but in most of America 100k is barely enough for a house, car, kids (especially with college), and a comfortable retirement savings. It’s more than enough for a young single person, but not to support a family. Obviously most people make less, and most households in America make less, but a solid, comfortable, stress free, middle-class life expects that now.

ethics13 4y ago
>>A starting salary of 100k (lower than most FAANGs) may be excessive but in most >>of America 100k is barely enough for a house, car, kids (especially with >>college), and a comfortable retirement savings. It’s more than enough for a >>young single person, but not to support a family. Especially in cities like New York, San Francisco, etc...

olliej 4y ago

The salaries aren't particularly high at google vs any other tech company, especially when you look at the cost of living where they are located. A lot of total comp is in the form a stock grants, which given stagnating and decreasing stock price represents a reduction in total comp for folk who are there long enough. But also there's a difference between "this is your salary" and "this is your salary, but your job is no longer any safer than a contractor's"