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I think that factors in cost of living in silicon valley. I don't think devs even in other areas of the US make that much. I was offered a job at a big tech bu
by wkat4242 1y ago
I think that factors in cost of living in silicon valley. I don't think devs even in other areas of the US make that much.
I was offered a job at a big tech but I'd have had to move to the US to their campus because they hate remote work. And they offered only 120k (they probably figured that sounded like a ton of money to a European). But I started looking at the cost of living there and it was insane. I'd have had to share a flat and it would have to be far away, not a few km from the office like I'm used to. No way.
Of course then Trump started happening and I was so glad I didn't move there. I'm kinda LGBTQ too so I'd be royally screwed if I'd been there now
- dmoy 1y ago> I think that factors in cost of living in silicon valley. I don't think devs even in other areas of the US make that much. Depends on the specific job, company (big tech vs not), and city. Seattle, NYC and a handful of others may pay on par with bay area. For a senior at random faang or equivalent, that might mean $300k-$500k / yr. More for some NYC positions in the finance industry.
- wkat4242 1y agoWow that's almost 10 times as much as me :) Still wouldn't live there though, especially now.
- eloisant 1y agoThat's the other way around - life in SV is expensive because of all those high salary workers.
- bigstrat2003 1y agoI would say it's both. A high market rate for labor pushes CoL up (because people have lots of money to spend), but a high CoL also pushes the market rate for labor up (because you can't get anyone to work for you if you don't pay them enough to make ends meet). Trying to decide which one is the root cause is a classic chicken-and-egg problem.
- BeetleB 1y agoIt doesn't matter what the cost of living is in SV. Their employee in a low cost if living area is as productive.
- wkat4242 1y agoYeah that's why I was so surprised they were adamant the job was on-site there. It was an IT job. Easily remotable or done from an office in any place in the world.
- imtringued 1y agoThe CEOs and managers don't understand that for every square meter of office space you need like a dozen square meters of residential space. It's very easy to have excessive amounts of office space that make you think you can hire more people, but in reality you have already exhausted your local recruiting pool.