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I do not agree. If someone said "bringing regular salary in tech" I'd agree that median should be used. "Competitive" means we are talking about higher percenti

by woobar 3y ago

I do not agree. If someone said "bringing regular salary in tech" I'd agree that median should be used. "Competitive" means we are talking about higher percentile within the field. > Healthcare complicates early retirement You don't have to stay in the US when retired. With 4% SWR one will be getting $80K/year. Which is more than median household income in the US and majority of the other countries. I am not advocating retiring at 45 with $2M, I am just saying it is not that crazy.

ryandrake 3y ago
I've always considered "competitive" to be a signal of "as close as possible to our average competitor". It doesn't mean good or high. When a job offer says "competitive salary", it's not a good sign. I assume they mean around average, maybe a little bit below average. If the job offer was offering a significantly great salary, the company would boast about it as more than "competitive."
- deathanatos 3y ago
  "Competitive" is job listing filler IMO. Everybody is "competitive". I've seen "competitive" salaries wanting me to take a >30% pay cut.
- happytoexplain 3y ago
  Yes, absolutely - though it's a difference from colloquial English, where it does normally mean "good"/"better than average". Businesses just use it as a weasel-word.
FireBeyond 3y ago
It is also not going to be the easiest, emigrating to a country with a robust healthcare and social safety net as a retiree in your 40s.
- woobar 3y ago
  A lot of cheap countries provide good healthcare for a fraction of american costs. Also, not sure why one need a safety net when they already have a stable income which is multiple of what any such net can provide.
- shiroiuma 3y ago
  Very true. This is a very big reason I left the US in my 40s, while I'm still working and can acquire permanent residency and later citizenship by having a job with a local company. I didn't want to be stuck in the US when I'm at retirement age and healthcare costs are unaffordable even with a decent nest egg, where a major procedure could wipe out all my savings.
hotnfresh 3y ago
> "Competitive" means we are talking about higher percentile within the field. This is not a standard usage of the term in this context. [EDIT] If you don't believe me, I'd encourage searching "competitive salary definition"

by woobar 3y ago

ryandrake 3y ago

I've always considered "competitive" to be a signal of "as close as possible to our average competitor". It doesn't mean good or high. When a job offer says "competitive salary", it's not a good sign. I assume they mean around average, maybe a little bit below average. If the job offer was offering a significantly great salary, the company would boast about it as more than "competitive."

deathanatos 3y ago
"Competitive" is job listing filler IMO. Everybody is "competitive". I've seen "competitive" salaries wanting me to take a >30% pay cut.
happytoexplain 3y ago
Yes, absolutely - though it's a difference from colloquial English, where it does normally mean "good"/"better than average". Businesses just use it as a weasel-word.

FireBeyond 3y ago

It is also not going to be the easiest, emigrating to a country with a robust healthcare and social safety net as a retiree in your 40s.

woobar 3y ago
A lot of cheap countries provide good healthcare for a fraction of american costs. Also, not sure why one need a safety net when they already have a stable income which is multiple of what any such net can provide.
shiroiuma 3y ago
Very true. This is a very big reason I left the US in my 40s, while I'm still working and can acquire permanent residency and later citizenship by having a job with a local company. I didn't want to be stuck in the US when I'm at retirement age and healthcare costs are unaffordable even with a decent nest egg, where a major procedure could wipe out all my savings.

hotnfresh 3y ago

> "Competitive" means we are talking about higher percentile within the field. This is not a standard usage of the term in this context. [EDIT] If you don't believe me, I'd encourage searching "competitive salary definition"