My Salary Progression in Tech
georgestocker.com
georgestocker.com
I am shocked and surprised at the same time (knowing that I only selected quotes of a few commentators).
Shocked to see the same mindset as many managing consultants and investment bankers I have met and worked with. They work a lot with the idea to stop working eventually. Not a single one of them has retired early. Not a single one of them I would call happy or satisfied (again: my bubble).
“Man. Because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.” - Dalai Lama
Surprised maybe because I hoped here on HN people might have a different mindset towards money and success. Or: know that there is not a strict connection between the two. To read all this "Keeping up with the Joneses" makes me sad...
Choose life, not career. Find something you love doing and do it for the 'work' itself, not for some postponed happiness.
That's what I noticed during my undergraduate years in the UK after growing up in continental Europe: "lifestyle" for most people in the UK from the young age is associated with spending money on material things and holidays, not pursuing life-long hobbies and interests.
In much of continental Europe people seem to be enjoying their lives a way more, despite often earning 2-3x lower salaries while doing similar jobs.
In my own country, even a person making 15k / year might have a second home in the countryside, where he spends every summer weekend with his friends and family.
So, material things and holidays? All that says is that those things are cheaper for people outside of the UK.
People keep repeating that advice, but finding something you love doing just for the work might be an endless chase, not unlike the chase after success and money.
Some of us actually feel that it is easier to chase money than it is to find work you really love.
I do something I hate enough to walk in with a sword and fight it every day.
The first one (magician) went as you stated, I ended up hating it, or atleast hating it as a job. It paid pretty well, but performing because I had to instead of wanted to made a big difference.
On the other hand though, I also took my hobby of hacking stuff into the my current career doing application security consulting and vuln research. Also pays quite well and I enjoy my job quite a bit, possibly even more than doing it as a hobby.
So with a sample size of me, that's 50/50 odds on finding something you love working out as a job you love. Not great, but imo not reason to atleast take a shot if your passion also happens to pay well, and is feasible.
I am so tired of people parroting "Do what you love."
Real life isn't a Disney movie. Doing what I love, I would be lucky to make $10k a year.
You know what else I love beside that? Making enough money to eat.
You know what I REALLY like, knowing that I'm making enough money now to GUARANTEE my dreams will come true.
Not scaping pennies together as a starting artist, crossing my fingers, and hoping that one day I get my break. No, I did that for 10 years. You know what I noticed? No one ever gets a break.
Unfortunately, an increasing number of people don't feel this way. Their solution is to increase their salary (and benefits) at the ballot box.
Insightful story about the investment banker. Your policy about choosing life feels like good advice in light of that story. The implementation details, that’s where it always gets difficult.
My story:
I want to make music. I think of music all the time. Whenever I made music I was passionate about it.
However:
- my music training is limited
- people that I know who are amazing alternate from being homeless to renting out a place. They are poor.
Do I have that much passion that I want to risk 10 to 20 years of my life in poor wealth and perhaps poor family life?
No. I want to live a middle class life while making music.
Sounds realistic?
Just follow your passion people, the invisible hand will help you.
Obviously I am cynical about this, I sincerely hope you can prove me wrong, for I would love to make music.
So follow your passion, but also your survival instinct.
I've noticed two type of comments that you made:
1. Comments that have substantial reasoning, mostly technical but not always. These seemed to be appreciated.
2. Short comments that seemed to attack the person or a particular concept. These short comments did not have any reasoning from your side. Also, most of these comments are non-technical.
My first thought was: it seems that you have a lot of technical knowledge, and people appreciate this. I know I do.
Two observations on the category 2 comments you make:
1. In the comments that I skimmed, no one seemed to tell you to read the guidelines. I'll post the link [1]. Saying "then get cancer and die young" is an offensive thing to say because you're attacking the person. For some people this is obvious, but based on your comment history, I doubt whether this is obvious to you. Attacking a person is not a civil thing to do, not a nice thing to do (unless it's meant in a constructive fashion, even then it'd be debatably constructive). Regardless of that, it is in violation of the guidelines. As a technical person, I hope you'd appreciate that I'm pointing to a source appointed by Y Combinator. They make the rules on how to behave here, so then behave like that, the guidelines are reasonable. You seem to do so in most of your comments.
2. In most cases, short comments don't work quite well on Hacker News (many counter examples exist, I'm describing a trend which I observe). This is not because HN'ers dislike discussion, they dislike a discussion that does not have scientific evidence (again, a trend), most already have a problem when someone says "based on my experience". Do with this observation what you will, it's just my observation which is biased as well.
I hope these two points will help you to improve your comments like these ones, because it is obvious that you have a lot of insightful things to offer. And HN would be a more fun place if we'd see more of that and less of "then get cancer and die young" type of comments.
If you want a private conversation about this, you can always email me (check my profile).
[1] https://news.ycombinator.com/newsguidelines.html -- read the section "In Comments"
Unfortunately, the more effort I seem to put into a post, the less effort others tend to put into reading it, so we all walk a fine line between precision and conciseness, and sometimes we end up on the wrong side. I don't take it personally.
That’s a sad bookending :(
As far as simple quotes go. This sounds optimistic, yet reasonable.
Based on your advice, maybe I should just go to Thailand and freelance as an app/web dev for 3 days per week and play guitar / make electronic music for the rest. I'd wonder how I'd prepare for economic down turns though.
I'd make about: 5000 euro's per month (@ 50 euro's per hour as a freelancer). Living on about 10000 euro's per year, I'd save 20000 euro's after taxes (Dutch, high taxes, yay!). Regardless of that, I guess I wouldn't need to worry about recessions after 2 years of part-time remote freelance work, not in South East Asia anyway.
Sounds doable, at first glance. I need more glances. Especially the, "what about my girlfriend, friends and family?" glance.
Maybe one day you’ll decide it’s time for kids, and both you and your partner decide to head back to the EU for that. Or maybe you’ll raise kids in Thailand. Or maybe your partner will get an amazing opportunity somewhere else entirely and you can be a stay at home parent, making beats while the kids are at school.
It’s your life. Live it the way you want. Don’t worry too much.
Or you could just go to Thailand for a few months, so you also scratch the traveling bug. There's nothing stopping you from coming back when you start missing the people close to you. You have options.
Money.
They had to be obsessed with it, about where to get it, what gigs were paying how much, about when to sell out for it. Because none of them had any, but they all still needed to pay the rent.
Amazing people, astonishing talent, wild life. Constant worry.
I also look at the janitors in my building when I leave work in the evening, and remind myself that they're not following their passion either. Most workers do not get to do anything that really excites them. So I count myself lucky that I can do something that doesn't ruin my health or make me hate life, and I can get paid well for it, so instead of worrying how to pay rent, I can worry about less urgent things like what to spend my weekend doing. Plus, with my free time (since I don't have a job that's overworking me, like some people), I'm free to pursue my other passions there.
Not even remotely. These days the arts are for trust fund kids or risk-takers, not those aspiring to be middle class.
Only rich kids get to follow any dream they want.
If you're not rich already your job is to get rich so your kids can follow their dreams.
After the first year, my work had become my only source of pride; after the second, I was constantly wondering how to be better at work; three years after that, I engaged in a hobby for the first time in my adult life. It snuck up. I don't like money that much and I never made the conscious decision to prioritize my career; but it ate my life and I doubled down because it was all I had left.
The fact is, for most young adults, jobs pop into their life right on cue to replace the family they're no longer seeing and the dreams that have disappointed them (around 25 where that first crisis hits). If you're 25 and lonely do not go to work happy hours. If you're bored don't take work home. When your boss tells you you're very promising and he can see you grow in this company, tell yourself you're an interesting person who's had a life full of stories that people would love to get to know. The best promises are the ones you make yourself.
Then I got a serious girlfriend. We moved in together. We were getting a bit older and eating dinner on the couch because our tiny apartment couldn't fit a table grew old. We got a bigger/nicer place. This was ok, I was making about 2x what I was when I first got out of school. Life was good.
We got married, we hit 30. We were tired of being at the whims of landlords and ever steeply increasing rents in our area. We bought a condo, with the intent on staying put more than 3 years (as opposed to moving every 1-2 like we had previously. It was a big scary commitment to take on, and it was right in the middle of the financial crisis. My comp stagnated for 3 years as I was at a company that at the end of each year said "well you know, money is tight..." Overall though, we could afford our place, our savings was growing, and as we started leaving the crisis, my retirement and brokerage accounts started to bloom. I eventually ditched the shitty company and joined a legit tech company for a 50% total comp increase. At one point, all my other savings exceeded what I owed on my mortgage, which was a big relief. I life was good.
We have been married about 5 years, our condo is great, but not big enough for a family. Our neighborhood, which we love, and while was one considered "bad" is now quite desirable as people realized the commute into the core of the city was quite easy. Property values are through the roof. I DREAD the notion of going back to living in a check to check fashion. An upgrade to a forever home in our area is going to cost us 2-3M. My wife and I both work relatively long hours. We either face moving out of the city and into the burbs, but trading that for a long commute, or having a mortgage that could potentially ruin us and cause great stress. I like my job, but I did get a call from a competing company, where I could potentially 1.5x my comp again... life is good?
I hope this gives some perspective on how the salary treadmill happens. We are in a very high cost of living area/tech hub, this would look a lot different if I was in the midwest, but I think this path is pretty typical for those living on the coasts these days.
One of my favorite sayings is that every single new parent, upon arriving home with their first child, immediately realizes that they have no clue what they’re supposed to do now. We’ve all been there, and so were our parents.
Those who choose to try and give their kids a good life at their own expense are always doing something right.
I like the quote but sorry the Dalai Lama never said it: http://thedamienzone.com/2011/10/12/dalai-lama-quote-on-face...
I make some woodworking? No thinking about starting an instagram account, gathering audience, trying to sell, making a newsletter..
I travel? No need for me to publish travel hacks stuff just to fund my travelling.
We work in IT, we are very fortunate to make $$$. Let's work part time, and have more time for us, really for us.
The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”
The Mexican fisherman asked, “But, how long will this all take?”
To which the American replied, “15 – 20 years.”
“But what then?” Asked the Mexican.
The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”
“Millions – then what?”
The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
The American said, “Then you would retire. Move to an exclusive coastal tourist village where you would sleep late, fish a little, play with your grandkids, take strolls with your third wife, go to an expensive place in the evenings where you could sip fancy wine and watch people who remind you of your old amigos play the guitar.”
I think about this in my own life. I don't want to be like the banker, deferring my real life into the future while focusing on work. But I also don't want to be like the fisherman. I want to strike a balance that allows me to live a fulfilling life while also using the fact that my skills are currently in high demand to but myself some optionality for a future in which they may not be.
1997-1998 - $32k - Programmer for State government
1998-1999 - $86k - Consultant, Phoenix & NYC
2000-2004 - $32k - Software developer for NGO, Amsterdam
2004-2006 - $28k - Developer & Network Admin throughout Asia for NGO
2006-2007 - $14k - Independent remote software consultant while studying Mandarin full-time in Beijing
2007-2008 - $10k - Manager of ceramics studio in Jingdezhen, China
2008-2017 - $14k - Studio Ceramicist in Jingdezhen, part-time remote developer
2018 - $38k - Part-time remote software consulting while pursuing an MFA, Alfred, NY
2014: -$10k - Founded a startup.
2015: $35k - Moved to SV, raised a small seed.
2016: $54k - Running my startup in SV.
2017: $60k - Remote contracting from Scotland.
2018: $25k - Remote contracting. Founded an NGO in Europe, almost all of my contracting money goes to supporting my work with that.
2019: $20k - Remote contracting + full time on my NGO. Living in Serbia to stay close to the action.
Are there unified E.U. rules about it or does it change from country to country ?
Happy to talk more if you want- my email is in my profile.
Good for you, but I can't imagine risking my options for the later portion of my life like that.
23 - 45K (University sysadmin, east coast)
26 - 60k (University research systems programmer, east coast)
31 - 65k (SWE, small IHV, remote)
32-42 -- incremental raises up to $145K (senior SWE, same company)
43 - 425k (Senior SWE, Google, Mountain View CA)
44 - 390k (Senior SWE, Google, Mountain View CA)
45 - 350k (Senior SWE, Netflix, Remote)
46 - 400k (Senior SWE, Netflix, Remote)
47 - 525k (Senior SWE, Netflix, Remote)
48 - 600k (Senior SWE, Netflix, Remote)
49 - 800k (Senior SWE, Netflix, Remote)Normally it seems it's 2-3% and if you want more you jump ship...
But a 10% raise is def. not a norm here - I've only gotten that when I was promoted and when I had a market correction raise (i.e. not the usual annual raise).
Each employee chooses each year how much of their
compensation they want in salary versus stock options.
You can choose all cash, all options, or whatever
combination suits you
And what's really freaking cool: There are no compensation handcuffs (vesting)
requiring you to stay in order to get your money.
People are free to leave at any time, without loss of
money, and yet they overwhelmingly choose to stay.
We want managers to create conditions where people love
being here, for the great work and great pay.
[0] https://jobs.netflix.com/cultureI work in a management consulting firm (not in top3). Salary progression is as follows (all in euros before taxes): 2010-2012- Ausbildung + odd jobs - 30k 2012- 55k - full time job 2015-65k- full time job 2017-75k- full time job 2019-85k- full time job
I'm interested in making huge money and retiring early, but seems less certain to do that at the moment. Compared to you and many others here, I feel like I should act soon now, to reach such levels. But actually I don't know what I should do. Any suggestions?
Comparing Germany (where I’m also from) and the US, I’d say that Germany still gives much higher standard of living at the same salary, especially due to lower rents in the big cities.
FYI my progression
120k joining top3 mgmt consulting after PhD, stayed for 4yrs, left when being promoted to project leader (200-250k)
200k in mgmt position at e-commerce company in Berlin
Anyway, I think money matters way less than happiness in the job and a good work-life-balance, at least when you have no debt and aren’t struggling financially (=there is enough money left for vacations and some savings)
Yes I agree that wanting more money can result in frustration as in Germany such salaries are not that common outside of management positions or specific companies, but I have some plans to fulfill - buying a Porsche; travelling the world; opening an NPO in a developing country, employing literate and teaching underprivileged, etc..
With the pennies that I'm earning, I wont be able to save as much, wont be able to retire as early as I would like to and, most importantly, the impact of final initiative won't be that high. So for me it is important that I earn huge..anyway, it's a choice of thinking, I'm happy with my life even now, just not quenched with the money I have..
I don’t have aspirations to buy a Porsche and I would have taken the job for much less. I was genuinely surprised when I got the offer.
For the context: this is an insane amount of money in Berlin, which used to be one of the poorest capitals in Western Europe. Most software engineers make 60-70k.
> after PhD,
A quick question: does it matter from which university one received his PhD in Germany?
I read multiple comments, that unlike in the US and in the UK, most universities in Germany are considered more or less equal.
But wouldn't a MSc / PhD from Humboldt University of Berlin be considered above a MSc / PhD from University of Potsdam when applying for jobs and negotiating the compensation?
The big divide is Universität vs Fachhochschule (university of applied sciences), which are in many fields considered inferior unless they have special profile (eg highly international).
2011 - Moved from Canada to Austria fresh out of college
2011 - 26k€ 38.5H/W Company 1
2012 - 31k€* 38.5H/W Company 1
2013 - 35k€* 38.5H/W Company 1
2014 - 37k€* 38.5H/W Company 1
2015 - 46k€* 38.5H/W Company 2 - Mandatory overtime 10/month
2016 - 49k€* 38.5H/W Company 2 - Mandatory overtime 10/month
2017 - 50k€ 38.5H/W Company 2 - Mandatory overtime 10/month
2018 - 35k€* 30H/W Company 2
2019 - 42k€ 30H/W Company 3
A few notes -> Taxes are very high, but so is support. I have no worries health care, dental, etc everything is covered. 5 weeks paid vacation a year, unlimited sick days. I end up with about 1000€/month after rent/food/entertainment and I live very comfortably. I'm not rich but it works well for me.
I've also noticed this BS in some contracts of Austrian companies that include mandatory overtime or worse, all-in contracts. I tried to negotiate my way out of that but got funny looks and some said that'll hinder any career progression in that company as that's seen as not being a team player.
Salaries are Europe-like, too. Having experienced all three, I'd move from Japan to Europe for the QOL increase before moving to the US to get more money, I think.
Even big companies often have a fixed upper limit, like "we can't give him more than 65k" and they rather wait many months until they find a good one who will work for that money or rather hire "IT consultants" from Accenture/CapGemini etc. that cost more than twice as much. It's kind of sad.
My pay as a non-software-engineer doing a lot of Excel monkey work in the back office of a fintech company. I'll use yen for consistency; today the exchange rate is about 110 yen per US dollar.
1999-2001 3.6M base
2002-2006 3.6M base + 1.0M (night shift bonus)
2007-2008 4.2M base + 1.0M (night shift bonus continues)
2009-2015 4.5M base + 700k bonus + 1.0M night bonus
2016 4.5M base + 300k bonus + 500k night bonus (rotating shifts; fewer nights) + 200k vested stock options (issued 2012, vested after 4 years)
2017 4.4M base + 300k bonus + 500k night + 200k stock
2018 4.4M base + 300k bonus + 1.0M night (worked nights all the time again) + 80k stock (stock value plummeted)
2019 4.4M base + 300k bonus + 90k stock (no night shifts anymore)
I'm not a native speaker of Japanese, and have no desire to go into middle management, so I suspect things will continue as they are now indefinitely. There's a lot of pressure to reduce salaries and we have onerous KPI demands: five to seven every half year, all of which must be met to maintain salary. It gets harder and harder to keep coming up with ideas for them as the years pass, and I'm thinking of giving up my full-time hard-to-fire status and becoming a contract worker. Bonuses and stock options would disappear but stock options earned in past years would continue to vest. And my stress level would drop by quite a bit!
At foreign FAANG (which means Google and Amazon here) and investment banks traditionally you can expect upwards of 10M JPY/y (total compensation) for moderately senior engineering positions and even over 15M for more senior positions. But it's not just foreign companies. Some Japanese companies like Mercari and Fast Retailing are now in an engineer hiring craze and they're offering highly competitive salaries.
My personal history in Japan: 2015-2016 8M JPY 2017 12M JPY (renegotiated my salary) 2018 13M JPY 2019 14M JPY
I'm in fintech too, but I'm not an engineer; more like a dime-a-dozen Excel monkey. Most people I know doing programming are terribly paid (<250k per month); they make even less than generic office workers, who make over 1600 yen per hour.
Having entered my 40s and not being in management, I suspect that my chances for a pay increase have long passed. I went to graduate school in my spare time (when I was working nights) and might try going into academics if I can't take company life any more.
Do you expect to see increases beyond that 14M or do you think that's the cap?
Best plan for sure is :study in germany for almost free, live in US and enjoy a lot of money.
Sure, it is kinda abusive toward the system. But as long it is possible...
What do I mean by that? The more you make, the more banks aggressively offer you credit. You have no idea how many people I know that make several hundred thousand a year, but are crippled by debt.
Not just mortgages on big houses, if you make a lot of money banks literally mail you forms saying "Sign this and mail it back and we will deposit $100,000 into your bank account, Pre-Approved."
I agree with the other person who commented and said it would be better to live in the US for 10 or 20 years and then return to Germany to retire.
I get those same credit line offers and just don’t respond. We live in the same house we bought 12 years ago when I was making around half of what I make now. We drive our cars for 8-15 years and usually buy them used (my cheap electric LEAF was bought new only because of the $10K in government incentives made buying used make no sense, all others were used).
Frugality can easily be done; it does take some discipline. I see colleagues with $100K kitchen renovations and two leased luxury automobiles. I am quite sure we’re headed to a happier and more secure retirement, early if we like, but more likely simply flush and setting our kids up for a good financial grounding and head-start.
That is because everyone in the US lives above their means. I am astounded at how frivolously my acquaintances live, despite having huge student and car loan payments. Home ownership is also worryingly low among urban youth.
The trend towards buying SUVs is IMO another sign of this. The coupe / hatch is way cheaper, but they must have the SUV despite not needing it as much.
HN is the exception, with a lot more people being fans of a minimalistic and careful approach to spending.
Although compared to tech jobs in the US, it seems pretty low (but the numbers here are also biased).
In Germany, your best bet apparently is a management position or having your own business. This, of course, takes time. But it’s also very rewarding.
2013 - 23yo - $45K - First job - Magento developer building eCommerce websites for clients.
2014 - 24yo - $54K
2015 - 25yo - $70K - Second job - Magento / Shopify / WordPress developer, building eCommerce websites for clients.
2016 - 26yo - $75K
2017 - 27yo - $80K - Third job - Full stack web developer - Predominantly using Spring and React to build bespoke solutions for clients.
2018 - 28yo - $85K
I don't begrudge people with their crazy salaries but I do get frustrated that I can't find success myself. I'm really struggling with savings and building up a nest egg for retirement.
The larger tech companies in Melbourne and Sydney are giving $120k+ AUD total comp to grads.
Which larger tech companies?
I'm self employed and have worked 100% remote for around 5 years, so am a bit out of touch. However, I have close friends in senior positions at major tech companies in Melbourne (REA, Xero etc.) and $120k for grads sadly does not align with what I've heard from them, closer to $70k (AUD) for a grad seems to be the norm.
Which by all accounts is a fantastic wage for someone fresh out of Uni -- nothing to sneeze at. Don't get discouraged keep at it, you'll get there.
However, it's a surprisingly weak effort by Australian tech companies to attract high quality talent. My first full-time software development job, almost 10 years ago and without a degree, was $70k. That was at your run-of-the-mill medium sized enterprise consulting firm.
I'm talking about Atlassian, Canva, Google, AWS, IMC, Optiver.
That's some nonsense. Could you drop some names for 'Graduate X' which has that kind of pay scale?
With that being said, it's quite possible to earn 150k+ within 4-5 years in Melbourne. Just be smart about it, listen out for what technologies are trending because inevitably they will be the most numerous and with the highest chance to score a well paying role -- especially if you have your ahead of the influx of developers in X language.
By all accounts I'm not especially talented and I have done so.
PS. If you want $$ learn Salesforce, the money which comes along with knowing that system is freakin craziness.
I got offered $150k+ at Zendesk Melbourne out of uni, but that was a special situation. But also I literally did get that offer so no, 120k is not "nonsense".
I can tell you however, that is not a normal run-of-the-mill pay-scale for a Uni graduate.
Disclaimer: am a hiring manager at Atlassian, so obviously I am biased (though currently hiring in the US market).
If you want to make above average salaries you're going to have to specialize. Find something that is both challenging (to reduce barrier to entry) and niche (to demand a higher salary). In other words - specialize. Staying as a generic web/ios/android dev is only going to guarantee that your salary becomes more and more diluted by the avalanche of developers entering the field. The barrier to entry is just too low.
In my department, mobile is the bottleneck for every PM's ambitions and the only speciality where recruiting never even approaches headcount/budget. It's possible that the low end contract labor market is flooded or something, but iOS and Android devs who can pass a whiteboard are worth their weight in gold.
I understand that the bootcamps and proliferation of web-teaching schools have made web dev seem like the easy thing, and I agree that what I do is less complex than these $800k-earning data engineers, but web development in 2019 is no joke. The same goes for iOS/Android.
The types of things these companies are trying to build are not just "slap it together in a week and done" type projects and it takes experience to architect and engineer them effectively. Your average bootcamp grad is not able to do it yet.
iOS/Android/Web development forms the 3 primary portals to a company's clients, and as long as that's true, the value of such skillsets will remain high.
I don't care if it's games, web front end, back end, databases, machine learning, mobile, embedded literally doesn't matter, if you think you can brush off any of them like that, you haven't built something substantial with them.
Are there varying levels of difficulty across niches? Sure, but one person can slap a few python libraries together in an afternoon and call it AI/machine learning, and a 3-5 person team can also spend 6 months building a monster, fined tuned native iOS application.
There's challenges everywhere, it's a matter of finding them.
Certain careers DO have levels of challenge, as well as other barriers to entry, that increase the value of workers. You could not argue to me that flipping burgers at McDonalds is hard. Within the domain of computer science, you simply cannot argue to me that generic CRUD web/ios/android is hard.
I'm merely stating that the domain itself, is not by default, a high enough barrier to entry to merit any kind of above average salary. Of course if you're a much higher performer, with a much deeper knowledge base within that domain, then your pay will likely reflect that.
2014/2015 - 23 - $50K - $70K | Fraud Analyst using C#/Python/SQL
2016/2017 - 25 - $90K | Teradata/SQL Developer
2018 - 26 - $70K | SQL Developer and Coldfusion/Java
I switched companies in 2018 to be a little closer to home which resulted in a substantial paycut.
I feel your struggle with savings, buying a house in Melbourne is definitely not easy.
I couldn't care less about salary if I could work remote.
If this is outside your comfort zone, look for some basic books on business and internalize the fact that until you can tie your knowledge to dollars coming through the door, you likely won’t make significant jumps in pay.
There are numerous posts that have been shared on HN on how to make more money as a consultant/contractor/freelance developer. They are almost 100% relevant to company employees.
It's hard to realize what problems a business faces without being involved intimately in the industry.
How can one seek out these problems and begin to work on solutions?
Would you mind sharing those posts?
The posts are pretty easily searchable and even if you don’t find the ones I’m thinking of, the process of searching and filtering on its own is important. One thing I had to learn the hard way is that, with a few rare exceptions, no one is going to be your teacher/mentor. Everyone is too busy with their own shit.
Ultimately, if you want to know more or make more, it comes down to finding ways to justify that to the people that can make that decision. Given you make around $85k/year you need to look at the people several years ahead of you in the career track, if one exists, at your company.
If your goal is to make more, you need to be aggressive. Invest in yourself in as many ways as you can. Learn more about software. Start by expanding beyond “web developer”. learn back-end programming, databases, etc. Talk to the people in your company that do sales, marketing, operations, HR. Learn as much as you can about your business or one you want to move into. Experience trumps everything. If you aren’t getting experience that makes you more valuable, you need to move on.
My last piece of advice is more of a warning. A lot of how much you make comes down to luck. Did the interviewer like you for the highly paid job? Did the team you are a part of get the credit for a major win for the company? Or other things that aren’t always within your control. The important thing is that you keep moving forward. Looking for opportunities and driving things to completion. Hard for me to not phrase this in terms of finance...you want to constantly be buying call options on yourself. So that new thing you learn/project you complete that gets your name out there? It is a call option on yourself. Most of those options expire worthless, but hopefully a few pay off big time.
I have a few follow up questions if you dont mind.
>If your goal is to make more, you need to be aggressive. Invest in yourself in as many ways as you can. Learn more about software. Start by expanding beyond “web developer”. learn back-end programming, databases, etc. Talk to the people in your company that do sales, marketing, operations, HR. Learn as much as you can about your business or one you want to move into. Experience trumps everything. If you aren’t getting experience that makes you more valuable, you need to move on.
Its so easy to learn in isolation, but how can you actually turn it into profit? How can you quantify your skills? How does one get good at tha?
Also, why the call option analogy, do you work in finance (just curious)?
2016 60k First Job
2016 65k
2017 70k Second Job
2017 80k
2018 90k
2019 110k
I'm an Australian developer earning triple that+stocks on top at one of the FAANG. Trump, guns and shitty healthcare don't affect you day to day in the states. The E3 visa for Australians to work in the US is trivial.
The funny thing is that Sydney real estate is comparable to silicon valley despite no one earning anynear as much.
2010 - 25yo - 41k - First job - .net dev (internal services / sql).
2011 - 26yo - 41.1k
2012 - 27yo - 65k - Second job - job advertised as .net became pseudo COBOL dev.
2013 - 28yo - 80k - moved more in to tech lead / manager role.
2014 - 29yo - 86k - Third job - .net web dev (webforms / mvc).
2015 - 30yo - 86k
2016 - 31yo - 163k - COBOL / .net + odds and ends
2017 - 32yo - 163k
2018 - 33yo - 170k
As others have said, technology really isn't the thing that will drive your increase in remuneration. It is understanding client requirements, creating business solutions, being able to communicate said solutions.
https://uk.reuters.com/article/uk-usa-banks-cobol/banks-scra...
I assume these are AUD. You don't say where in Aus you're based, but it's not terrible at that age, you're still some way off peak, it's slightly above average.
Based on https://www.livingin-australia.com/salaries-australia/
Average Full Time Ordinary Time Earnings Q2 2018
State Average Annual Wage
Tasmania $71,718
South Australia $75,369
Queensland $80,304
Victoria $80,610
New South Wales $83,517
Northern Territory $86,762
Western Australia $90,496
Capital Territory $94,224 2011: $100k, industry R&D lab, VA
2012: $150k, “”, “”
2013: $150k, “”, “”
2014: $0, self-employed and didn’t turn a profit
2015: $100k, academic researcher, Midwest
2016: $160k, industry R&D, SV
2017: $165k, “”, “”
2018: $170k, “”, “”
Since 2016, I’ve been working in SV for a company that pays engineers all cash, a modest bonus, and no stock. I like the work and people, but I feel like I’m leaving a lot of money on the table.Almost anywhere else in the country, I’d be making a considerable amount of money. In SV, it doesn’t feel that way. Myself and most of my (unmarried) coworkers are in our 30s-40s and living in studio apartments. I couldn’t provide a family with the same lifestyle my parents gave me (a house, two cars, safe neighborhood, good school district, mother could stop working for several years to raise me), and they managed without college educations.
I’ve recently tried making the jump into a FAANG company or unicorn, but so far no luck. One company was willing to give feedback: I don’t have enough experience with large scale systems. It’s tough, because I’ve aged out of junior positions, but I guess I lack the right experience for experienced positions. Still have a couple irons in the fire though.
This is more than some tenured research faculty. How the heck did you make so much in academia?
My coworkers and I seem to do lots better. I've seen my coworkers use a single income to buy: a condo on the beach, a new McMansion, 11 acres with farm animals and shooting, waterfront property with access to the ocean, waterfront property for an airboat into marshlands, and lots of toys. I went for a simple house, 3500 square feet on 0.38 acres and now fully paid off, within walking distance of work. I also had 11 children and bought 3 cars.
I'll take a hopeful guess that an EE with coding experience might enjoy assembly language. If so, maybe I can help get you into a more family-friendly situation: https://news.ycombinator.com/item?id=19284153
I'm frustrated for you. This is a dumb reason to say no to someone. "Large systems" are a solved problem and i dont think anyone is working on some system that cant be handled. I work at one of this scale companies, there's nothing special about, people jerking them selves off.
It depends where you live. That's probably possible on £30k in the UK including various benefits, certainly on £50k, as long as you live somewhere sensible.
What are the non-housing costs you need?
In 2008 a couple with 2 kids spent, per week:
Food and drink £103.53
Clothing and footwear £29.26
Household goods and services £27.11
Personal goods and services (inc health) £27.39
Transport £35.02
Social and cultural activities £90.08
£320 a week, or £1400 a month. That's £1800 a month after inflation [0]Housing costs say £650 a month for a mortgage [1]
£2.5k a month, or a net of £30k, that's a single income of £42k a year [2]
You'll also get £1800 in child benfit.
If you have larger outgoings, say 30% more to £2400 a month plus housing, you're looking at a net of £36k, or gross of £52k [3]
(Marginal tax £50k-£60k is 69% though so there's not much point earning more than that, until you're past 60k and it drops back to 51%)
[0] https://www.in2013dollars.com/uk/inflation/2008?amount=1400 [1] https://www.rightmove.co.uk/property-for-sale/property-70111... [2] https://listentotaxman.com/42000?plan=2 [3] https://listentotaxman.com/52000?plan=2
That's true, probably. But you don't need 2 cars and a house for your family to have the same quality of life.
If you live in the right neighborhood 1 or zero cars is fine. And a family of 4 can live just as happily and comfortably in a 2 bedroom apartment.
20 - $65k (Office Rural NY, SE)
21 - $65k (Remote, 10 Person Startup, SE)
22 - $75k (Remote, 10 Person Startup, SE)
23 - $85k (Remote, 10 Person Startup, SE)
24 - $85k (Remote, 10 Person Startup, SE)
25 - $225k (Remote, SF Series B Startup, Lead SE)
26 - $225k (Remote, SF Series B Startup, Lead SE)
27 - $393k (Office, SF Series C/D Startup, Principal SE)
28 - $393k (Office, SF Series C/D Startup, Principal SE)
29 - $0 (Took a year off)
30 - $0 (Took a year off)
31 - $150k (Founded a startup)For example, if your first job pays $60k, and your working years are say 52 years total, the payout from sustained employment is $3.12 million dollars (52 years * $65k).
If you then move onto another job 2 years later, and make $70k. The payout for that jump is $500k ($10k * 50 years).
Or another way is to look at how much each pay bump has made for you till now (instead of over your entire potential working lifetime).
This helped put into perspective for me how important certain pay increases were for me and how unimportant others were. For example, big pay increases that occurred recently haven't yet had time to really make me any significant money, but even modest ones from 20 years ago have.
It also really puts into perspective how bad bonuses are vs wage increases. Even a large bonus pales in comparison to decades of small increases.
It also gave me better information when I chose to take a job at lower pay, in terms of how much I was sacrificing, and when I eventually ended back up where I was, how much that choice was actually costing me over my lifetime.
Graduated from Kansas University in 2008.
2008 to 2010 - $50K CTO/co-founder of a small company
2011 - $125K SDE II @ Amazon
2012 - $125K SDE II @ Amazon
2013 - $175K SDE III @ Amazon
2014 - $217K SDE III @ Amazon
2015 - $200K E5 @ Facebook
2016 - $500K E6 @ Facebook
2017 - $800K E7 @ Facebook
2018 - $1M E7 @ Facebook
2019 ~ $1.25M E7 @ Facebook
Not really. A lot of it is taxed as income when vested, as mrep mentioned. And if you do keep them long term, at that level of income the long-term cap gains tax is 20%. And there is also the Net Investment Income Tax of 3.8%.
The cost of living in Sweden is higher than in Spain. And Spanish salaries in IT has soared. So, economically, it was not worth moving. But, the experience of living abroad is worth the money.
It is difficult to compare with USA salaries as here there is more taxes but you get better services. For me the deal breaker is the equality. I know that people around me makes a living wage. But, I will not discard to move to any other country in the future for the experience as every country has its own charm.
And last year I made more than $2M. I paid more than $1M in income taxes. I hope some of that money is going to help little families like mine in 2004.
2004: $16k
2005: $36k
2006: $47k
2007: $53k
2008: $56k
2009: $63k
2010: $53k
2011: $116k
2012: $152k
2013: $160k
2014: $246k
2015: $444k
2016: $556k
2017: $1830k
2018: $2260k
I don't think my success is necessarily repeatable, I just happened to see some opportunities and seize them. I've been fortunate.
Caveat to my numbers - I am an asian male math PhD dropout from a top 15 graduate program who had hardly coded prior to his first developer job. I also have substantial open source contributions to major libraries, starting from my first developer job.
Nov. 2012 - $51k (in DC)
Sept. 2013 - $75k (new job)
May 2014 - $105k + paid relocation (in Silicon Valley)
August 2014 - $140k (laid off from last job, changed to new one in 2 hours)
Jan. 2015 - $145k (raise at same job)
July 2015 - $160k (laid off from prior job in June)
July 2017 - $280k = $160k base, $15k signing bonus, $105k RSUs in FAANG (laid off from prior job in May)
Sept. 2018 - $303k = $164k base, $14k performance/annual bonuses, $125k refresh RSUs (annual raise from performance reviews at same job - was band limited on the base salary)
Is the amount of money typical for developers?
Any advice? Like how others can reach that point, faster?
What would you have done differently to reach that point quicker/
Do you think being a phd student helped? Contributing to libraries?
And I am assuming you are talking about 90k euro after taxes not before because the French have one of the highest tax burdens in the world.
It's still a nice life, just not one of abundant riches. Over 4k€ monthly after taxes goes quite far in Europe as you don't need to worry that much about saving for healthcare, pension, and your children's education later in life.
Source?
In most of the USA, not only do you make more than you would in France, but things are actually cheaper, not more expensive. Imagine you make $150,000/year, a really nice house cost $300,000 (think $2,000 monthly mortgage/taxes/insurance payment), groceries, electricity, internet, car for a small family is $2,000 month. And that is with a very high quality of life. If you want to live frugally cut all the expenses in half. The company provides health insurance.
I think the biggest difference might be that Americans report their salary before taxes, and I think Europeans tend to do it after taxes. $150,000/year with a small family is probably $110,000-$120,000 after taxes in most states. €90k after taxes is comparable. Just need to consider quality of life differences.
The people making "too much money" are doing the indispensable work that generates the profit (or chance-at-profit) for their employers, and the employers are by definition OK with paying them that share, which even in very profitable industries is highly unlikely to be as big a share as "management" gets.
If people in France get a much smaller cut (I assume they do, people in Germany certainly do) then wouldn't that mean they're getting too little?
(I think this was close to the other half of your point actually.)
Europeans also report before taxes, and that 90k€ is definitely before taxes. I don't know about this person's taxation, but it's probably around 50k€ after taxes. That's still a very good salary in Europe though.
First off, can we define "things" in your sentence "things are actually cheaper, not more expensive"? What are the "things" you're talking about?
Education? Eh... not really expensive in the US, is it? the US student loan debt is swelling at about $1.5 trillion... and counting. It speaks volume as to how costly education is in the US. [1]
Healthcare? Hugely expensive for a country as "rich" as the US. Unless, of course, you work for a generous employer and in that case, everything is paid for. Wait a second, I'm told not all employers provide a healthcare plan along with a 401k plan? That's unfortunate. Let's also remind ourselves that the US doesn't provide universal healthcare for all its citizens unlike other advanced industrialized countries. So if you happen to be jobless? You're SOL. Awe-effing-some. Let's move on... [2]
Housing? In SF/SV/NYC/Seattle/Washington/any major US city, housing is extremely expensive as is housing in any major European metropolis such as London/Paris/Munich/Zurich. I bet the $300,000 nice house you mention in your comment must be somewhere in the countryside where nobody lives, right? Let's make this clear: houses located in the middle of nowhere in any European country also cost zilch. Let's take France for instance: 30K euros gets you a 100 sqm house (even bigger sometimes) in the Creuse region. Yeah nobody wants to live there but hey at least I can own a large house for the price of a car. [3]
I could go on and on. I haven't even touched on other topics such as Internet, groceries, rent or insurance. Your comment comes across as plain ignorant and downward complacent. I don't get this tendency of always sugarcoating the US, as though it would make it magically more appealing to the average Joe to move there.
Please back up your claims next time with articles or sources. Just use your favourite search engine.
[1]: https://en.wikipedia.org/wiki/Student_debt#/media/File:Stude...
[2]: https://jamanetwork.com/journals/jama/article-abstract/26746...
[3]: https://www.seloger.com/list.htm?enterprise=0&natures=1,2,4&...
I just caught you out making stuff up and now you resort to making yet again even more stuff up: "Education expenses are whatever you want to pay" (yeah, let's just buy 1/10th of a Bachelor degree, sounds like a plan to cut the costs), "you listed off literally the most expensive places to live in the USA, where the majority of people do not live" (sure, nobody lives in major cities) (why the hell are they called major cities then? God knows).
This conversation is leading nowhere so I'm just gonna stop responding.
If you don't want to be banned, you're welcome to email hn@ycombinator.com and give us reason to believe that you'll follow the rules in the future.
Education in the US is not unavoidably expensive. Quoting student loan aggregates does nothing to account for the number of students who took tens or hundreds of thousands worth of loans they didn't really need because they rejected an affordable alternative in order to go to their target school.
In 1998 I rejected my target school because attending would have cost me a minimum of $12,000/year out of pocket. I stayed local and graduated with no loans. 21 years later, if I started in 2019, I would still graduate without loans from that same school.
> Healthcare? Hugely expensive for a country as "rich" as the US. Unless, of course, you work for a generous employer and in that case, everything is paid for. Wait a second, I'm told not all employers provide a healthcare plan along with a 401k plan? That's unfortunate. Let's also remind ourselves that the US doesn't provide universal healthcare for all its citizens unlike other advanced industrialized countries. So if you happen to be jobless? You're SOL. Awe-effing-some. Let's move on... [2]
I don't have rebuttal to this point, but based on your tone I don't think you have any interest in discussing it in good faith anyway.
> Housing? In SF/SV/NYC/Seattle/Washington/any major US city, housing is extremely expensive as is housing in any major European metropolis such as London/Paris/Munich/Zurich. I bet the $300,000 nice house you mention in your comment must be somewhere in the countryside where nobody lives, right? Let's make this clear: houses located in the middle of nowhere in any European country also cost zilch. Let's take France for instance: 30K euros gets you a 100 sqm house (even bigger sometimes) in the Creuse region. Yeah nobody wants to live there but hey at least I can own a large house for the price of a car. [3]
"You bet" very wrong. The house I used to have in Dallas is worth $275,000 at the moment. Many of the houses in suburban New Jersey are less than $400,000, and some are even less than $300,000.[1] . Less stock in Maryland[2], but there are still many options.
> I could go on and on. I haven't even touched on other topics such as Internet, groceries, rent or insurance. Your comment comes across as plain ignorant and downward complacent. I don't get this tendency of always sugarcoating the US, as though it would make it magically more appealing to the average Joe to move there.
I'm sure you could, but it would just serve to further demonstrate your bias, condescension, and ignorance.
> Please back up your claims next time with articles or sources. Just use your favourite search engine.
The irony of this snark is that you have done a rather poor job of this yourself.
[1] https://www.redfin.com/minorcivildivision/70/NJ/Lyndhurst-To...
[2] https://www.redfin.com/city/31343/MD/Wheaton/filter/property...
In 1998. That's really the crux of your comment. As to the costs of your school in 2019, since you haven't provided a link to back it up, I cannot check your claim.
> I don't have rebuttal to this point, but based on your tone I don't think you have any interest in discussing it in good faith anyway.
I have read countless studies online (studies, not just newspaper articles) and have friends who've moved to and/or lived briefly in the US that have experienced it first hand. Sorry for not showing empathy but when one of the richest country in the world isn't able to provide healthcare for all its citizens, I think something is slightly wrong. Worst yet, the babysteps that have been made during the Obama era are now being rolled back by the Repuplican party. And yet, you're pointing fingers at me like I'm the problem. How about a nice warm cup of reality to start the day?
> "You bet" very wrong. The house I used to have in Dallas is worth $275,000 at the moment. Many of the houses in suburban New Jersey are less than $400,000, and some are even less than $300,000.[1] . Less stock in Maryland[2], but there are still many options.
Fair enough. In that case, I think it's expensive. The same price range gets you a very comfortable flat in Berlin, Germany's capital. [1]
> I'm sure you could, but it would just serve to further demonstrate your bias, condescension, and ignorance.
Still not OK with reality. That's fine, you'll get used to it. We all do after a while. :-)
[1] https://www.immobilienscout24.de/Suche/S-T/Wohnung-Kauf/Berl...
Fair enough. http://www.fau.edu/finaid/other/cost-of-attendance.php
> Fair enough. In that case, I think it's expensive. The same price range gets you a very comfortable flat in Berlin, Germany's capital. [1]
I was filtering apartments out, but there are quite a few in Brooklyn and Queens as well.[1]
> And yet, you're pointing fingers at me like I'm the problem. How about a nice warm cup of reality to start the day?
> Still not OK with reality. That's fine, you'll get used to it. We all do after a while. :-)
I'm complaining about your tone and general attitude, which have apparently not improved. Being a condescending jerk has nothing to do with reality.
[1] https://www.redfin.com/neighborhood/219258/NY/New-York/Brook...
But this idea that highly paid professionals in the US have crappy healthcare experiences is just silly. Anyone earning $100k as an employee in the US will have a good health plan that will provide excellent quality of care for a reasonable out of pocket cost.
In fact, this is kind of the problem with the US system! Rich people have a healthcare system that works well for them, they get lots of choice, very fast access to specialists if they want them, and generally rich people are happy with their health care.
This means there's no electoral coalition strong enough to pursue more egalitarian or more efficient systems, they'd all run the risk of appearing worse to the rich people.
A trip to the ER might cost your health insurer $50,000, it costs you a $1,000 deductible, and almost nothing for any follow up visits.
Personally, with a background in a European country, a personal bankruptcy is something that only happens to the most financially careless/gambling addicted of people. In the US it seems to have become a sad part of a lot of peoples' coping strategy if a medical emergency arises.
Got cancer? No retirement for you I guess.
* 2017 $1,259,000 Senior Staff Software Engineer
* 2016 $661,000 time off
2015 $1,543,000
* 2014 $1,465,000
* 2013 $1,241,000
* 2012 $876,000 Threatened to quit, got a bunch of stock
* 2011 $368,000
* 2010 $318,000
* 2009 $244,000
* 2008 $192,000 Staff Software Engineer
* 2007 $167,000
* 2006 $165,000
* 2005 $157,000 Senior Softare Engineer, Norcal
* 2004 $246,000 stock sale
2003 $80,000
* 2002 $76,000 Software Engineer II
* 2001 $102,000
* 2000 $59,000
* 1999 $55,000 Software Engineer, Northern VA
Is it typical for senior SWE to make 1.2 million?
How can one reach that point faster?
I don't know how to repeat what I did. I think retention grants are rarer than they used to be. However, once you get to Staff, you have a lot of negotiating leverage. I received multiple offers with initial grants over 2 million.
Build relationships, progress your career, get good at whiteboard interviews, and change jobs more often to make progress.
Is there a glass ceiling?
1999 65K
2000 86K
2001 90K
2002 107K
2003 101K
2004 110K
2005 117K
2006 166K
2007 223K
2008 226K
2009 256K
2010 269K
2011 310K
2012 356K
2013 588K
2014 518K
2015 532K
2016 792K
2017 1118K
2018 1278K
I think your retention stock made the biggest difference compared to mine. Maybe it's time for me to try threatening to quit :D
- 2009: £1,000/yr Mostly depressed, unemployed and unmotivated. Some income from teaching English and arbitraging signup bonuses on gambling websites. Lived close to rent-free by subletting rooms in the apartment I was living in. (Spain)
- 2010-12: £8,000/yr English Teacher (China, full-time)
- 2012: £20/hour PHP dev (China, freelance)
- 2012-13: £16,000/yr Rails dev (China, full-time)
- 2014: £72,000/yr Rails dev (London, contracting)
- 2014: £102,000/yr Devops (London, contracting)
- 2015-16: £60/hr Rails+Go dev (SE Asia, some remote freelancing but mostly not working)
- 2017: £120,000/yr Devops (London, contracting)
- 2018: £158,400/yr Devops (London, contracting)
- 2019: £192,000/yr Devops (London, remote contracting)
Though you'll get to higher tax brackets with that pretty quickly too, so will likely want to leave a fair share of revenue in the company (you still need to pay 20% corp tax on profit), or put it into your pension (tax relief on up to £40k/y).
If you pay yourself a salary from a ltd company there's ~14% Employers NI, 12%-2% Employee NI Depending on tax band, 20-40% Income tax depending on tax band. If you pay a dividend there's 19% Corporation tax plus 7.5%-32.5% Dividend tax.
So 46%-56% tax on salary and 26.5%-51.5% tax on dividends. Nowhere near 13%, unless you're talking about 'creative accounting' by running non-business expenses through the company to effectively get them tax free.
I'll have to enquire with the few mates there -- don't see a reason as to why they'd bullshit me. Frankly I have nfi however, apologies for the cop-out of an answer.
Sole traders are different to one-person Ltd companies. As a one-person Ltd, you used to get a lot of tax breaks, but over the last 5-6 years they seem to have been steadily eroded.
Anyone paying a rate as low as 13% now is probably using a borderline-legal grey-area scheme, which is dangerous because HMRC not only hit those folks up for back taxes when they find them, but put fines on top too.
I don't live in UK anymore and I could do something similar in my location, but I want to pay taxes and my effective rate is good.
Most of the work I've found had been from recruiters on LinkedIn. Do you just say "I want £800/day, what do you have?".
* I give a proper reply to everyone who contacts me on LinkedIn, even if the work they are offering is totally unrelated to what I can/want to do. The frequent spam is a small price to pay in return for being in everyone's database.
* I'm very upfront with my day-rate and get rejected by most of the recruiters/companies that get in touch with me because it's too high. This is fine and intentional because there is enough demand to get that rate anyway (so far).
First, decide whether you are more interested in pushing forward on technology or on earning more. Yes, you probably want both, but you should decide which matters more. Also, note that the answer will likely change if your personal situation changes, in particular, if you start a family.
These points are primarily for those who put earning more above pushing technology. I was married early on and that became the priority for me.
- Always work to make your boss successful. There are a variety of advantages to this. First, if you make them successful and they rise in the company, they are more likely to give you a promotion and raise as well. Second, if they change jobs and go to a place you'd like to work, whether it's in one, five, ten years or more, you'll be someone they call when they need to hire. Third, it makes it much easier for them to go to bat for you when you ask for a raise.
Given all of that, it's also important to work for bosses that you want to see succeed. If you really don't like your boss, and you find it distasteful to help them be successful, work towards their success while you look for another boss.
- If you want to earn more, ask for more responsibility. I was married when I was an engineer of 3 years. To earn more, I asked to be made a project lead. I delivered several projects, then asked to be made a manager. I managed several people, then asked for a transfer to start and manage a remote sales and service office. In each case, I was given 30%+ raises.
The point here is that you need to ask. Let your boss and HR know that you want to be considered for promotion. Once you've asked, remind them at more or less regular intervals, perhaps 6 months. You want it to stick in their minds that you are looking to move up and at some point, an opportunity may come up that you'd be on the short list for.
- Change jobs or companies. This is typically the most effective way to get a raise. The key is to look while you're still working. Many people in tech keep their heads down until the company goes through a rough patch and lays off or shuts down. Then, if they don't have runway, they have to take the first position that comes along. If you think you need to move, keep your job and do your search so you can evaluate each opportunity without being under pressure.
- Treat options or other equity as the icing, not the cake. You can be deliberate about accumulating wealth without windfalls by consistently earning more than you spend and conscientiously investing your savings. If you're able to cash in on options, that is great, invest it, buy a home or whatever. But earn what you're worth in cash.
When done in a supportive way, this helps propel you up a level of competency; then the raise/promotion is effortless and obvious to everyone involved.
Conversely, in my experience I've never been giving the money / title before I had performed the role.
I've been at my company for almost two years and I've gotten a net 70% raise across this time frame. Although it's only from 60k to 100k CAD so, YMMV especially in more senior roles.
Bonus scheme axed, pay cuts across the board, and constant whining about how we "took longer and did a worse job".
The only thing I regret is that I hung on for three years hoping things would get better (they never did).
I could go on and on. Any one of those things was above and beyond on its own and I never once got a performance based bonus, let alone a raise. Then we got new management and they rewarded us by cutting our vacation. I am completely unappreciated, or at the very least, that appreciation is not shown in any way that matters. I am, however, no longer at a spot in my life, thankfully, that work defines my life. I still make good money and I focus on other things in my life. I let the execs worry about deadlines and bullshit like that. They can panic and get anxiety all they want, it won't magically get the work done or get it done quicker. As I said, my bosses are decent in all other ways other than appreciating their employees with appropriate compensation / vacation. Who knows, that might change. I'm not holding my breath though.
In my experience, the harder you work for your boss , the more they will extract out of you. E.g you suddenly have 10x tasks assigned to you.
So make sure you don't get burned by doing this and NOT getting a raise after. Most bosses will simply take more and not give much back.
I guess the essence of it is that you should work smart, figure out what are the most important tasks that your boss needs and complete them really well, but don't naively burn yourself
2017-2018 - $8k - Backend Dev for major eCommerce 2018-2019 - $10k - same role
Laid off due to downsizing in Nov 2018 with a healthy severance.
Dec 2018-2019 - $17k - Backend Dev for a logistics company
Rent and expenses is almost 30k INR (roundabout $450) a month. Apart from that it's all takeout food money and any movies or shopping you might do.
My initial pay was a little too low to afford the place I am living at since I'd almost always run out of money by the end of the month and was living paycheck to paycheck. The first raise did improve situations a bit and I could easily save around 10k INR per month.
My current salary affords me very comfortable living with enough to invest for the future and still have around 30k INR per month in savings.
2012 - small business owner - 60k AED / yr (no taxes) - built Wordpress websites in my spare time
2013 - technical cloud marketing intern - 60k / yr CAD - FAANGish company
2013 - contractor - 30k / yr CAD - Engineering consultancy
2014 - Software Dev Fullstack - 22k / yr CAD - early stage startup
2015 - Lead Software Dev Fullstack / Architect + DevOps - 55k / yr CAD - very early stage startup
2015 - Lead Software Dev Fullstack / Architect + DevOps - 60k / yr CAD - very early stage startup
2016 - Software Dev - 60k / yr CAD - medium stage startup
2016 - Techincal Consultant - 90k / yr CAD - small public company
2017 - Software Engineer + DevOps - 99k / yr CAD - medium public company
2018 - Senior Software Engineer + DevOps + SRE - 120k / yr CAD - medium public company
2019 - Senior Software Engineer + DevOps + SRE - 135k / yr CAD - medium public company
I was in the process of getting promoted and getting a higher raise, but stuff (some in my control and some out of) didn't work out. I've been focusing on my life for a bit. 2014 - Junior System Administrator $42k - fresh graduate, large company
2015 - System Administrator $55k - large company
2016 - DevOps Engineer $80k - startup
2018 - Senior DevOps Engineer $95k - large company
2019 - Site Reliability Engineer $125k - medium-size companyMy journey All USD $ are gross annualized and approximate. No bonuses/stock. Doesn't include employer-paid health or retirement.
2006, Tenured professor at a community college, $43K to $65K
2011, Developer at a state agency, $84K
2013, Development Team Lead, $90K
2017, IT Manager, $100K
2009: $25 per hour, contractor, on site at giant pharmaceutical company. Built a web app using jsp and tomcat
2010: $55k per year, University IT department. Building web apps in python for university staff. Crazy union contract- 35hr work week and 5 weeks PTO
2012: same job, same benefits, applied for a "reclassification" in the union levels. $75k per year.
2015: $85k per year. Onsite, big media and entertainment company. Cut my teeth building highly available distributed systems.
2017: $135k per year. Remote. Jumped ship to do similar kinds of work at a remote-first startup that could pay more.
2018: same company offered me a raise (without my asking!) $150k per year.
I've never worked more than 40 hours on a regular basis, but production issues occasionally produce a 60 hour week, maybe twice a year or so.
Your tech stack in a distributed system will often be diverse and wide-ranging. In my opinion, no specific combination of tools is very important for hireability, though commonly recurring characters will certainly help your resume.
I write or work on lots of small services, mostly in Java, some Scala, occasionally Go or Python. The JVM is probably the most popular programming platform for this domain but some companies do without it entirely (Go, Python, Node.js are all somewhat popular).
Most services run in Docker containers on AWS. I feel like almost everyone is in the cloud these days.
There are lots of REST APIs, so you'll want a good handle on HTTP. In my work, even more than HTTP, I've dealt with streaming/realtime data coming over Apache Kafka or AWS Kinesis or AWS SQS. Lots of people use RabbitMQ, but I never have.
And I interface with lots of different data stores - Postgres, S3, Dynamodb, Elasticsearch, Cassandra, Redis. And Zookeeper, more for coordination than storage. Zookeeper is fun, but very niche.
In terms of building a resume to get hired in this domain, these are some things you want:
- Be able to work in a few languages and with several data stores. Be able to talk about which kind of DB is appropriate for what use.
- Demonstrate proficiency in concurrent programming and asynchrony via multithreading/futures/promises/channels or whatever the relevant constructs on your platform of choice are.
- Have used some kind of streaming solution or message queue (kafka is neat and widely used, if don't already have one in mind)
- Have experience with provisioning and orchestration on a cloud platform (AWS, GCP, Azure,...)
- Be able to talk about tools and techniques for monitoring, alerting, and tracing in systems where a request or a stream element must traverse many services.
- Be able to talk about typical distributed-systems challenges at a conceptual level:
* Why and how to partition your data, both in a stream and at rest
* How to avoid or resolve consistency issues, when and how to trade consistency for availability, coordinations strategies, CRDTs
* At-least-once processing, at-most-once, exactly-once, idempotency, why you would want each - how and when you can achieve each.
As a side note, I feel like, once you've built a decent distributed system or application, it's easy to make it look good on a resume. Either it's a high-throughput system and you can say you processed X thousands of requests per second with no downtime for a year, or else it's low throughput and you can double down on the fault-tolerance bit "even when we deliberately crashed half of the servers, the service remained available and end-to-end latency was only reduced by X amount". Of course, you need measure some stuff in order to have numbers to brag about. But hopefully you're collecting those metrics anyway.Although I know I'm doing fairly decent for myself, as someone who is very critical of my own progress or lack of, it feels very disheartening to see people my age making 10x what I am, simply because they are located in SV, doing the same work.
In my area, short of being extremely fortunate to land some amazing fully-remote job, there is not one tech company that pays out anywhere close to 300k+ TC, unless you are in senior leadership or just consulting/doing work on the side.
I understand the reasons for the big disparity, but still... feels bad man.
I graduated college a year early (21 years old), but it took me almost 4 years in the industry before my compensation even got close to 70k.
USD, Before Taxes, DC area
2010 - 24k - First 'jobs' working Geek Squad and Helpdesk at a Healthcare Firm
2011 - 40k - Quit second job, started grad school, started working for the Feds as an intern in the Digital Forensics space
2012 - 45k - "
2013 - 45k - "
2014 - 50k - Graduated Grad school, promoted to a GS-9 started working in the ERP space
2015 - 56k - Promoted to GS-11
2016 - 68k - Promoted to GS-12, got my CISSP for the hell of it
2017 - 80k - Debated quitting because of lack of opportunity
2018 - 89k - Promoted, given a lot of responsibility and a great opportunity to learn
Vest means become available to sell or trade. You are also given stocks at bonus time. Encouraging you to stay around.
The vesting schedule varies, but probably the most common arrangement is that you get 1/4 of the shares per year for the next 4 years. Often you get nothing until you've been there for a year, then get a whole year's worth of stock in one big lump sum, and then get smaller amounts more frequently thereafter.
In the US, the stock is taxed as ordinary income on the day you get it. If its price goes up before you sell it, you also pay capital gains tax on the change in price that happened while you were holding it. (I sell all my stock immediately on general principle, so my capital gains taxes are tiny.)
Philly Team Lead Architect @ 185k w2 contract with health insurance and a week of PTO
Seattle System Admin -> 115K (There was an intent to promote, but we didn't agree on my career path).
I'm inferring that you have a family to support. (If it's just you, I'd seriously consider declaring bankruptcy.) I can relate. For what it's worth, this can be the lot of men in our society. I don't think it's an indication that you did anything wrong. Good luck.
My condolences on the divorce. I wasn't married but went through something similar. And know that suck the life feeling.
I agree with your last sentiment. Alot of the career seems to be luck or right time right place. I know a number of phenomenal engineers in similar positions.
White guy from a modest background: grew up lower middle class, single mother who worked in retail, got free lunch, etc.
It feels odd to have moved and basically move up the economic totem poll to what I guess I’d call upper middle class. Life for people who stayed where I grew up is quite different than my life now.
It all sort of feels relative. If a “beginner” single family bungalow costs 850k+ in my neighborhood, home ownership still feels like a gamble (well, the accompanying debt burden would make me uncomfortable). A $4k mortgage payment does not sound fun if I were to lose my job, for example.
Every source I can find (2014-2018 data from a variety of places) puts it between 97th and just over 98th; probably hasn't changed more than a couple of points since.
> I do not know what upper middle class is supposed to mean. Does it mean 90-95 percentile?
If by “middle class” one means petit bourgeoisie, then 95th to 99.something percentile for the upper range of that class is fairly reasonable; the haut bourgeoisie are a very narrow slice, and economic classes in that classic sense have overlapping income ranges, because they are more about how one relates to the economy than income level, though the two are correlated.
OTOH, the language of economic class these days is used in many murky and inconsistent ways.
EDIT: Just to be clear, the classic idea of the petit bourgeoisie as the middle economic class of capitalist societies does not mean that they represent the average or some range around the average; the working class makes up the vast majority, the haut bourgeoisie (the class of major capitalists) is a tiny slice that controls most of the wealth, and the petit bourgeoisie are a fairly thin (though much broader than the haut bourgeoisie), largely relatively rich class that is “middle” in the sense of deriving income from a mix including both a substantial contribution from personal labor (the predominant support for the working class) and a substantial contribution from personal capital (the predominant support for the haut bourgeoisie)—the classic example of that mix being the independent small business owner whose labor is applied to their own capital rather than either being rented out to some capitalist, or gaining returns on capital by renting others labor to apply to it.
Anyways, I think the answer is just based on how you want to define middle and upper class.
Even if you’re making 500k a year, depending on the part of the country, it may take a fair few years before you make that jump.
I think it’s the difference between having _wealth_ and having a lot of disposable income. There’s a fairly big difference. You can convert the latter to the former but not everyone does.
The cost of maintaining your Upper Middle Class status is very high: tuition for elite, private schools, mortgages on giant homes and vacation homes, leases on luxury cars to keep up with the neighbors, and the desire to live in high-cost exclusive communities, etc.
Because of all of the above, people that should be "rich" if you look at where they are on an income distribution graph, actually do not feel "rich." So they identify as Upper Middle Class.
2008: Base $90K, Total $110K
2009: Base $110K, Total $170K
2010: Base $130K, Total $330K
2011: Base $200K, Total $590K
2012: Base $220K, Total $680K
2013: Base $220K, Total $830K
2014: Base $230K, Total $980K
2015: Base $240K, Total $990K
2016: Base $250K, Total $1.2M
2017: Base $250K, Total $1.4M
2018: Base $265K, Total $1.5M
2019: Base $280K
(edited for formatting) 2008 - L4
2009 - L5
2010 - L6
2014 - L7But there is definitely more "stress" as you go up levels. You have more responsibility, the problems get harder and more ambiguous, more people issues to deal with, etc. Part of me misses the "L3/L4 me", when all I really had to do was come in, work on relatively scoped technical problems, and not worry about a lot else. But I think I'd also probably feel bored after a while if I somehow managed to went back to that.
Any advice for others? Isn't it notoriously difficult getting hired at Google?
Do other non tech positions at Google pay as much?
What about positions like QA?
I'm a software engineer. My impression is that pay for PMs (product managers) is very similar, although I couldn't say for sure. Not sure about other positions. And for QA specifically, I believe a lot are hired through a vendor so I imagine it would be very different.
I don't know if I have particularly useful advice. I think honestly it's a mix of happening to be good at what I do, working hard, and being in the right place at the right time (both in terms of ending up Google and being on the teams/projects that I did which helped me rise quickly).
The only thing I would say is that I very much did not go in expecting this or with the idea of optimizing for it. When I joined at the end of 2007, Google was already post-IPO and it wasn't clear (to me at least) that there was "big bucks" to be made there. At that time, it seemed like going into finance or to a startup was the way to go to optimize for that, and I thought I was leaving a bunch on the table picking Google over those. I do think it helped working with the mindset of doing what I truly enjoyed instead of "doing it for the money".
Gender: male Location: east coast * 2013 - Graduated without a degree in CS. Worked at small start-up for 55k, no equity.
* 2014 - Raise to 75k, 0.5%
* 2015 - Raise to 85k, 1%
* 2016 - Quit for a FAANG. 220k total comp.
* 2017 - After 2 promos at the FAANG, ~330k.
* 2018 - After good previous year, received a special stock grant and made 475k. Same eng level.
This is a big reason I'm in tech. What a rocketing salary progression.
I stumbled upon programming as a senior and loved it. While at the start up, it was easy for me to spend hours a day outside of work learning because I loved every minute of of it. But it came at the cost of hobbies and a friendship. I wouldn't describe myself as motivated by money and don't tell my family and close friends how much I make.
How did you display coding knowledge without a degree in it?
How did you get hired at a FAANG what did they like about you?
How do I get into the USA?
The difference is too big, even when I give 20% to charity.
Or any ideas how to become well off in Europe?
Tech feels so much more difficult than manager or other business roles (cognitively). I feel like I should switch if I can’t get into the USA.
Start your own company. Work remotely for a US company. Or do both - the company doesn't have to be a startup.
Moving over to the US typically requires a corporate sponsor for L-1, and you must work 12+ months for them overseas before they can petition to transfer you to the US, or winning the H-1B lottery.
I think the cost to relocate someone to the US is between $50-100k depending on what benefits they offer employees. Therefore you need to consider the companies motivation - why would they spend that money, and increase their payroll cost by having you in a more expensive market?
You need to be a good investment for them.
Additionally, I think it's _also_ worth noting that FB E7+ and the equivalent roles at AMZN and GOOG which pay $1MM+ are typically 1-3% of engineers in the company, and for every person making $1MM+ there are many making much less.
Finally when you're a 'visa slave' (here on a corporate-sponsored visa which doesn't give you an option to quit and find another employer, the L-1 is an example of this) there's less motivation for the US entity to pay you extraordinary amounts of money.
I don't mean to discourage you. I do think it's worth noting this is a hard road to travel. Some luck is involved too.
Maybe this isn’t super relevant since this is mostly about tech but I’ve found my technology skills are what contribute to give me a huge advantage, even in finance. All figures in USD. All finance jobs are in research.
23: 50k - tech consulting business
23: 90k - same. Relocate to NYC
24: 110k - negotiated at consulting company
24: 160k = 110k + 50k bonus - move to financial company
25: 200k = 110k + 90k bonus
26: 210k = 120k + 90k bonus
27: 150k - joined small team starting new business in finance
28: 150k
29: 150k
30: 500k - business is making money
This is your business or you're just someone that got in at the beginning? Like a startup or a division of the company, you were originally at?
United States - have perfect SAT and ACT scores, went through university for free
Age 21-28 - Work in NGOs, non-profits - $25k Age 28 Finish Masters degree Age 29-32 - Work in NGOs and non-profits and policy analysis - $32k Age 32-34 - Suicide Counselor - $35k Age 35 - Bootcamp - become Rails developer -$60k Age 36 - $65k Age 37 - ask for raise $80k Age 38 - $85k Age 39 - Senior developer/manage projects/do mentoring/keep coding - $90k Age 40 - $92k
Based on these it seems like 5+ years of experience on the backend and frontend with multiple stacks and the ability to manage 4+ engineers, keep backlogs groomed, talk to clients to manage expectations and translate requirements into usr stories and acceptance crtieria, etc should be more than $95k - and yet $95k still seems high for a developer anywhere outside of the US
Are these the exception FAANG salaries or are most companies paying such high salaries out there? It just blows my mind I can't imagine making such money as a dev and I've been doing this for a lot of years.
https://www.bizjournals.com/sanjose/news/2019/01/15/median-p...
Are you saying some of the people here with 400-800k salaries are top 5% at a FAANG?
Are there any non tech management level positions at FAANG that net these types of salaries as well?
Median compensation for software engineers at the HQ is higher.
Salaries in USD, before taxes, including lack of bonus.
- 2010: Dropout
- 2011: $0
- 2012: $33,000
- 2013: $36,000
- 2014: $39,000
- 2015: $42,000
- 2016: $45,000
- 2017: $55,000
- 2018: $0 (startup)
- 2019: $0 (startup)
What the hell am I doing with my life? I consider myself pretty damn good too. The "startup" isn't going anywhere.
I think I'll go to university. Maybe in 4 years I'll be able to earn $150,000...
I don't really have algorithms and data structure skills. I almost never have to do these things in real life. I have done mostly front-end stuff (web and mobile). Should I go all-in on LeetCode? Will that guarantee a good paying job?
It seems like 4 more years without income to get a bachelor's degree would be worth it considering the crazy compensations people are sharing here. I would earn more in 2 years there than I did in my entire career here.
https://www.ox.ac.uk/admissions/graduate/courses/msc-softwar...
I'm still not sure whether that degree alone (without a bachelor's degree) is sufficient to get a work visa in the US (they generally ask for a 4-year degree).
https://news.ycombinator.com/user?id=peteretep
> However, more extensive experience may compensate for a lack of formal qualifications, and a strong, immediately-relevant qualification may compensate for a lack of professional experience.
You have the “more extensive experience”.
I would be surprised if a Master’s degree did not suffice in place of a Bschelor’s. I doubt you would be asked to submit the latter if you submitted the former. To be certain you could spend one or two hundred dollars on a consultation with an immigration lawyer.
If you really want a US Bachelor’s degree go to
https://www.degreeforum.net/mybb/
They will be more than happy to tell you how you can get a legitimate, regionally accredited US Bachelor’s degree in under one year. It involves doing many, many tests like CLEP, AP, DSST etc. and using job experience to get proof of prior learning before eventually matriculating at a university willing to accept a great deal of transfer credit.
2015: $104k (worked in an R&D lab for an enterprise company)
2016: $106k (laid off at the end of the year as part of reorg)
2017: $115k + $10k bonus (short stint as a SRE at a famous company that unfortunately didn't go very well....)
2018: Consultant at a startup for $120/hr. Unfortunately this opportunity didn't last. Ended up taking a research internship.
2019: $95k (promoted to full-time researcher)
I love my current job; in fact, it's one of the best I've had. But Silicon Valley is a very expensive place, and I'm wondering if there are opportunities to do CS research in industry outside of Silicon Valley.
2006 - $16k consulting and college
2007 - $20k Company 1
2008 - $26k Company 1
2009 - $40k Company 2
2010 - $52k Company 3
2011 - $104k Company 3
2012 - $170k Company 4
2013 - $180k Company 5
2013 - $215k Company 6
2015 - $250k Company 7
2016 - $350k Company 7
2017 - $450k Company 7
2018 - $700k Company 7
2019 - $1.6M Company 7 *
* Based on stock remaining at today’s share price.
Only the company >=6 had significant portions of compensation contribution through equity.
I recently interviewed and secured two offers for around $1.5M but ended up staying. Offered role were Distinguished Engineer / VP Engineering.
2008: Graduated with a BS in CS from University of London. I grew up in Europe.
2008: €30K - Joined a small company in Europe as their only programmer doing vehicle GPS tracking.
2009: €30K - Still there.
2010: €50K - Joined Amazon in Dublin, Ireland as an SDE-1 (entry level) in the AWS CloudWatch team.
2011: €75K - Still at Amazon, same team.
2012: $120K - Moved to Seattle with the same team. Promoted to SDE-2.
2013: $150K - Still at Amazon, same team.
2014: $185K - Promoted to SDE-3 (senior level), same team.
2015: $230K - Still at Amazon, same team.
2016: $390K - Still at Amazon, same team.
2017: $470K - Still at Amazon, same team.
2018: $511K - Still at Amazon, same team.
2019: Left Amazon last month. You can read more about why here: https://news.ycombinator.com/item?id=19135399
All figures are gross income as shown in my W2. My last 3 year-end (Dec) paystubs: http://imgur.com/a/EgIVQln
Ask me anything.
Edit: Put another way - day to day, what are people in such roles working on exactly?
Have other people been so successful using an offer for a raise at your original employer and staying?
The people who stayed basically pulled forward a stock grant that was coming anyway, and increased this year's raise while decreasing it a fair bit for the next two years.
I've always been explicit that this is what's happening; the area under the income curve does end up larger, but not by a large amount. Of course the option value of having a grant vs. hoping for a grant is worth something, too.
DVassallo's $160k bump across one year's W2 is much larger than I've ever seen granted.
I don't think of my wages being $1.2M so much as I happened to get lucky with that equity. (I have also experienced the reverse where > $1M worth (on paper) of stock was worth less than $10K when I could sell it, it isn't all roses.)
My point was that just prior to the dot com crash I had over $6M in "RSUs" (well restricted stock which was a better deal since the number can't be fudged but what ever) and when it "vested" it was worth less than $12K. It showed up on my W2 because I used an 83b election to vest it all up front (and get in on a lower tax rate when it unlocked) only to have it generate losses when it unlocked.
Where I was going was that there is 'base pay' which you are going to get if you show up every day and don't get fired, and there is 'variable pay' which can come in the format of annual bonuses and or vesting equity. The annual bonuses tend to be something of a beauty contest and so can be hard to predict, and the market can swing wildly (hopefully nobody with RSUs today has to experience a 99.9% drop in value that I did during the dot com crash but it can happen, you could have had Theranos RSUs for example).
The original author went out of their way to stick with just base pay and I understood their reasons for doing so as I largely agree with them on the lack of predictability of other remuneration options.
Had you bought $100,000 of $AMZN in 2010, it'd be worth $1.35M today (and $1.6M in September) which would go a long way toward evening things out in a similar manner.
That said, best of luck to you. Fortune favors the brave!
Being self taught, will I ever get to be as fortunate as you working at FAANG and seeing salaries and stocks like that?
My advice would be to not try to seek satisfaction from "earning as much as possible"... because "as much as possible" is an unreachable destination. I worked with lots of unhappy people earning $350K/year because they felt they should be doing $500K. How do you think they'll feel once they're making $500K? I bet they'll still be miserable because one person they know is their age and making $600K. And so on. Same with promotions and job titles. Once you clear a certain level of financial security (bills on autopay, some savings), more income stops mattering for satisfaction.
I have this mental hurdle I cant seem to get over, I keep reading about how there are engineers at FAANGs purely self taught but then im also reading about people with degrees, bootcamps, internships under their belts having a hard time getting hired.
What advice do you have for me? If im self taught how do i even get my foot in the door with amazon? How do I have them even consider me for an interview? Anecdotally speaking how did you and your self taught peers do it? Was it projects? Or work experience at less exclusive companies?
How much is required on a resume to get past a screener and land an interview?
I must have gone seriously, seriously wrong...
1998 - 2006 Uni CSO work AUD$20k - $50k
2007 - 2009 £24k in London
2010 - 2014 £20 - £30k not in London
2014 - 2016 USD$135k + $30k stock (averaged)
2017 - 2018 £65k + $50k stock
2019 £58k
- 2006-2009 45-60k Employee, US investment bank, Analyst
- 2010-2012 300/day Freelance, full stack web dev
- 2013-2017 105k Employee, tech lead at a startup
- 2018-2019 700/day Contractor, Senior Python Developer
I suppose trying to work at any of the smaller FAANG offices in London might be the best you can do in the UK?
2005: Graduated with a BA in Political Science and a fairly strong background in SQL. I've stayed in Texas my whole career.
2005: first job, web dev, $34k, govt pension
2006: salary bump to $40k
2007: new role as data analyst, $55k
2008: cola bump, $58k
2009: data warehouse lead at school district, $72k
2010: cola bump plus a raise, $78k
2011: first contracting role, equivalent of $100k
2012: lead BI architect, $125k, company pension
2013: same role, bonus, $130k
2014: same role, bonus, $130k
2015: consultant with a firm, $135k
2016 and 2017: cola bumps to $140k
2018: promotion, $152k
And I've turned down offers of $180k because I like my work life balance.
So my promotion is more technical scope (BI/DW, ML/AI, IoT, Big Data, "DataOps"), more customers, more leadership, and more commercial responsibility (i.e. I have a quota.)
Establish internal credibility. That is, the confidence to speak credibly on a given subject, be it a platform or tool, a technique, a concept, a prediction. Roll your sleeves up and get dirty coding. Even on-rails tutorials force your brain to make the connection between the concepts and the technical reality. Especially for Big Data and ML/DL workloads. Put this all on a public repo. Search GH for relevant repos, fork them, and code walk them - especially Python/R/Scala scripts. Compete on Kaggle, that's obvious. Answer questions on SO, and attempt to replicate problems you find on SO yourself - this yields a lot of benefits, as most SO questions are edge cases. Join the user communities and help forums for popular platforms and read the newest entries - again, you learn the most from others actually practicing in the space. And still an extremely effective technique is to just directly search for e.g. "Spark shuffle joins" on Google and look for real people with real opinions - that you can then test yourself in an environment. When you've already read the blog post or watched the YouTube video or taken the Udacity course the guy across the table is talking about - you really establish credibility.
Teach others what you know. True trial by fire; share what you've learned. You'll learn how to overprepare, communicate and speak plainly, connect with those different than you in personality, behavior and skill, read rooms, provide feedback, take criticism, and most importantly - you'll really, really learn the ins and outs of the material.
Read voraciously. I skim-consume about 25 books a month using my company's Safari subscription; have built up a pretty good "reading recommender" system of Twitter users, subreddits, aggregators, blogs, etc; And not just technical books - books on business strategy, behavioral economics and psych, industry-specific blogs and journals - if you can't explain what you're doing in terms of risk, dollars, or time, you're doing it wrong. (Also a good life pro tip: download every interesting thing you read into a single repo and put a crawler on top of them. Even if you don't know the answer, you know you've read it somewhere and can retrieve it.)
Learn from others. Reading is great, in-person is better, mentoring is the best. Reach out to everyone in the field. Ask them (like you just did to me) what they're reading, what they did, ask follow up questions, share what you're doing with them. I find keeping a list of "questions you'd like to ask" while you're working through material (especially on industry/business) to be invaluable when you meet someone who can potentially answer them.
These days I spent probably 15-20 hours a week just reading, learning, doing, in prep for the 20-30 hours a week I spend educating, communicating, and (hopefully) selling.
One thing to add: I usually am focusing on 2 things at a time, no more, no less. If you can combine them, even better - learn Kafka for streaming and Grafana to visualize it; learn Azure SQL DW or Redshift for distributed DW and Spark for processing; etc.
My real evolution came when I realized I was happy being the dumbest person in the room, and that curiosity is a superpower.
I have some follow up questions if you don't mind:
>have built up a pretty good "reading recommender" system of Twitter users, subreddits, aggregators, blogs, etc;
How can I do this? I follow a bunch of influential people in tech and VC last I logged into Twitter, is this what you're talking about? One of my favorite Twitter users is @patrickc, he always has book recommendations.
Any other tips or advice to better optimize my twitter feed?
>And not just technical books - books on business strategy, behavioral economics and psych, industry-specific blogs and journals - if you can't explain what you're doing in terms of risk, dollars, or time, you're doing it wrong.
Any suggestions? Book suggestions for business strategy, behavioral economics, and psych? I'm into these books too but sometimes it's hard to see the concrete connection it might have to my day to day dealings.
>(Also a good life pro tip: download every interesting thing you read into a single repo and put a crawler on top of them. Even if you don't know the answer, you know you've read it somewhere and can retrieve it.)
Sorry, I'm not THAT technically savvy, is there a tutorial or video i can gleam to learn this? It sounds super helpful because I do have a habit of referring back to something I learned online because its in one of many bookmark folders in my browser.
>These days I spent probably 15-20 hours a week just reading, learning, doing, in prep for the 20-30 hours a week I spend educating, communicating, and (hopefully) selling.
What are you selling exactly?
>One thing to add: I usually am focusing on 2 things at a time, no more, no less. If you can combine them, even better - learn Kafka for streaming and Grafana to visualize it; learn Azure SQL DW or Redshift for distributed DW and Spark for processing; etc.
This is good advice, I think. I'm attempting it right now. By focusing on learning java and selenium. Do you ever feel FOMO about what you're not learning or reading though? Any way to combat that?
2008-late 2014- Odd jobs and data entry as a temp: ~$28k
Oct 2014- 1st developer job, Touch This Media: $50k, no benefits
Jan 2016- company was in trouble, $35k
July 2016- took 3 months off for a programming bootcamp, took two months after to find a job
Jan 2017- The Control Group, $75k plus benefits, 401k, paid time off. Worked as a full stack dev
Late 2017- DiegoDev $91k, remote, front end engineer
Early 2018- raise to $96k
2012 - 85k Big Co in NJ
2013 - 90k Big Co in NJ
2014 - 95k Big Co in NJ
2015 - 65k Startuo in NJ
2016 - 75k Startup in NJ
2017 - 100k Big Co in NJ
2018 - 100k Big Co in NJ
2019 - 130k Big Co in Dallas
What i found in my experience: 1)Interviewing is a skill in itself, do it regularly
2)When interviewing, interview for multiple jobs so you can negotiate better
3)There a max and a min that the company has in mind for a particular position, if they like you enough to offer you a job they will be willing to negotiate. To find out max and min, see roughly what those type of jobs offer in your area. I've found that if you are NOT working in cities in NYC, SF, Boston, then for an senior engineer (i.e 7+ years experience), the range is around 110-140. There is almost a hard cap for IC engineers in non major cities to around 150-160k.For work, I implemented and maintain part of the CI/CD pipeline (AWS Code Pipeline configuration, pretty simple), spin up and maintain AWS infrastructure, hack on the cloud formation templates and our internal build scripts, and do a portion of the helpdesk admin work for some of our large clients. Troubleshoot individual nodes. I work remotely in a small town in the US with a relatively mid-low cost of living.
I make 67k/year. I feel like my needs are met. My work/life balance is great as no one gives me any crap for sticking to a regular work day. I'm not supporting a family or anything. I'm able to contribute 15% to 401k. Otherwise, I'm not quite paycheck to paycheck, but close.
Looking at some of your salaries, I feel envious. I'm not sure my skill set demands more but maybe it does? I don't know if I should feel underpaid. I also don't want big heavy golden handcuffs.
and I know most people advising on salary negotiations say never give your number first... but if you are happy where you are, then it's going to take 30-50% over what you're making to make you move. So give that number. It weeds most recruiters out.
The ones that bite, you know they're serious. Then it's up to the role, company, commute, etc, the things that make a difference for you.
Golden handcuffs are a good problem to have. Wherever you go, just make sure you can make a difference and have some autonomy to make the work interesting.
1997 £12,500 - Visual Basic Developer - Small B2B company in South West England
1998 £14,000 - as above
1999 £15,000 - as above
1999 £17,000 - as above
2001 £14,000 (6 month contract) Visual Basic - Advertising Agency in London
late 2001 unemployed for 6 months - dot com crash!
2002 £21,000 Visual Basic/PHP - South England
|
2013 £32,000 same company, just steady salary progression
During that period I also did some freelance Rails development. Maybe earning extra £3,000 to £8,000 each year.
2014 £20,000 Quit full time work. Part-time Rails developer
2015 £20,000 Part-time Rails developer
2016 ¥6,500,000 Rails Developer - Japan
2017 ¥6,565,000 Rails Developer - Japan
2018 ¥6,565,000 Rails Developer - Japan2000 - £8/h (Summer job coding)
2001 - £15/h (Summer job coding)
2002-3 - (Other job)
2004 - £160/day (Freelance)
2005-6 - £200/day (Freelance)
2007 - £275/day (Contracting, London)
2008 - £450/day (Contracting, London)
2009 - €65K (Employed, Europe)
2010-12 - £500-600/day (Freelance)
2013-14 - $100K (University, Bay Area)
2015 - $120K (University, Bay Area)
2016 - $360K (FAANG, Bay Area)
2017 - $425K (FAANG, Bay Area)
2018 - $500K (FAANG, Bay Area)
2019 - $660K (Different FAANG, Bay Area, estimated)
Total income. Never received stock/RSUs/etc. All positions were more-or-less individual contributor. Never worked in a large city.
2000 $ 37,663 First real job (software developer)
2001 $ 42,164
2002 $ 42,561
2003 $ 50,567
2004 $ 50,001
2005 $ 89,541
2006 $100,541
2007 $108,299
2008 $114,333
2009 $122,458 Team lead
2010 $133,764
2011 $135,101 Went 100% remote
2012 $145,651
2013 $151,963
2014 $152,985
2015 $156,734
2016 $172,678 ~$50k bonus pre-tax
2017 $176,794 ~$60k bonus pre-tax
2018 $225,846 ~$80k bonus pre-taxHow does one move into technical leadership?
1999-2006 - $55k (starting) to $70kish various jobs at a startup. Began in an implementation role, moved to software engineer
2006-2008 - $80k-$95k as a QA engineer at NetSuite
2009-20012 - $95k-$105k as a SWE at NetSuite
2012 - $110k as a SWE at an early-stage startup
2013-2014 - $120k-$140k as a SWE at a different startup
2014 - $150k as a Sr SWE at a different C-stage startup
2015 - $158k as a line manager at same startup
2016 - $170k (?) as a line manager at same startup
2017 - $190k as a manager-of-managers at same startup
2018 - $205k as department head at same startup
2019 - $220k as director of engineering at different late-stage startup
All this is base salary, excluding equity and so forth. Very recently, bonuses have started to be a thing, so base salary is a little less relevant than it was.
• 2011 — $80k at a startup in CA, a year out of college
• 2012 — $90k, and we got acquired by an industry big fish
• 2013 — $90k, but got laid off in the middle of the year
• 2013 through 2018 — making random software, traveling, and using up my savings; made some money, but not enough to count as "salary" in any real sense
• 2018 — $240k ($180k base) as a senior SWE at a FAANG
Given my long stretch of being a software ronin, I didn't expect to get what I got in 2018, but I did my research (mostly on Blind), asked for what I wanted, and then asked for a little more on top when I realized that I was selling myself short.
Do you think your degree helped?
Is $240k a lot or a little as a senior SWE at a FAANG? Don't freshers hired out of school get offered tht much?
Any advice for others?
$240k seems in the range of normal for most of the FAANGs. Of course it can go much higher.
It doesn’t seem like the typical new hire just out of undergrad gets that much to start.
this is it? any reason for the toxicity? poor moderation?
As for salary, it depends on the company. In many places, this number would indeed be low. (See Netflix with its $300-$400k starting salaries.) At my company, it's maybe on the low-mid of the scale for employees who've had my position for a few years. (Last I checked, the range is approx. $200-$300k TC.) However, I considered it a very high offer indeed, given the large "gap" and general lack of corporate experience on my resume. I actually got in one level higher than I thought I would. (Though I've since come to realize that it was definitely the right slot for me.)
2010: Intern 4$/h
2011: Intern about 6400£ after taxes for 2 months
2013: 28k/year
2014: 40k/year
2015: 55k/year (£)
2016: Contractor with full employee benefits, remote, python, startup - $75k/year. Small bonus after the startup was bought.
2018: two remote contracts. Working 6 days a week for 12h. After taxes and all my expenses - I live very comfortable lifestyle - I was saving for retirement 10k USD a month.
Now: 81k$/year. 9-to-5, remote, python. I live in central Europe, so I save up about 40% for my retirement. Not sure how to invest money, most likely I'll start my own start up and copy something from US.
My life is really great. I wouldn't trade it for 250k+ Silicon Valley job.
Low fee index funds
Dave Ramsey recommends mutual funds with higher fees but that consistently beat the S&P 500. I have some money in some that I found like that, but still probably half in index funds.
19 years old: 7k$ / year (promotion)
20 years old: 42k€ (moved to the Netherlands, switched job)
21 years old: 50k€ (promotion)
22 years old: 70k€ (switched job, still in the Netherlands)
23 years old: 81k€ (promotion, this year)
2004, 23: $150 NZD/day (level designer, NZ)
2007, 25: $45k (web developer, SD)
2011, 29: $62k (web developer, MN)
2013, 31: $82k (software engineer, MN)
2014, 32: $92k (s. software engineer, MN)
2015, 33: $98k (s. software engineer, MN)
2016, 34: $107k (operations manager, MN)
2017, 35: $130k (devops engineer, MN)
2018, 36: $125k (devops consultant, MN)
20 - internship at big 5 consulting firm in NYC - 45k/yr (summer only)
21 - full time at same firm - 61k-ish
22-5 some small raises
26 - move to mid size well known federal gov consulting firm in DC - 76k/yr
27-28 - some raises to 86-90k
28 - smaller/mid consulting firm - 125k
28-33 - raises through to 175k
change to independent, and hourly rates, but will list the following as yearly; however from this point, I have to pay my own taxes, insurance, retirement, etc. still better off however, as taxes are lower compared to salary/employee, and rates are higher.
34 - 200k
35 - 260k
36 - 265k
37 - 280k
38 - 300k
39 - 285k
40 - 280k
Last couple years are the same rate, but working fewer hours to enjoy work-life balance.
I feel I got lucky in a way. Along the way I met one small company owner that I worked with on project to bring in some of their developers onto my team. A few years later they were looking for a contractor. Right at that time another coworker bluntly told me that I was way undervalued and literally gave me an hourly rate that they felt I could easily ask for. I asked for even a little more ;-) And got it!
The work is _exactly_ the same. Again, lucky. The logistics of starting the company can be facilitated with a good tax professional/accountant. The majority of that is paperwork.
The technical skills are a combination of deep expertise in both front end and back end, which is kind of rare in government contracting, plus the big 5 consulting background, which gives you credibility, plus being honest about what you know and dont know. Believe it or not, honesty goes a long way. It's your personal brand, after all.
19 - ~$20/hr Doing remote web dev for my college in WV.
21 - $60k Doing GTK/C for avionics place in Milwaukee
22 - ~$25k Went back to school, MS in Computer Vision, worked as TA/RA
24 - $68k C++, small science software company near Boston
25 - $78k same company
26 - $92k Jumped to mid stage startup (still Boston doing integration of machine learning algorithms (Python/Matlab)
27 - $100k
28 - $115k (promoted to Data Scientist)
29 - $125k
30 - $136k started leading small team of analytics developers
31 - $145k started leading both teams of analytics developers and data scientists, also started working remotely from a midwest state.
32 - $155k
Seeing some of these salaries for remote developers for SV companies makes me wonder if maybe that's the ticket. Do they really just not adjust based on location? My mid term goal is to be able to save up enough to give a few years runway to do whatever. It's tough to fathom moving on though because I really do like the area my current company is in.EDIT- formatting
2011 - $21k/yr grad student scholarship
2015 - $55k/yr startup that died in ~6mo
2016 - $60k/yr contract at a university
2017 - $72k/yr + pension as manager + developer at said university
2018 - $90k/yr startup, software dev morphing into architect / product lead
India:
2010 - $7k
2011 - $8k
2012 - $10k
2013 - degree
2014 - degree
US SF Bay Area:
2015 - $110k - Sales engg
2016 - $125k - SWE / Devops
2017 - $150k - Senior SWE / Devops
Changed companies
2017 - $200k - Senior SWE / Devops
Changed companies
2018 - $240k - Devops / SWE (FAANG-like)- 2013: $65k, first employee at a startup
- 2014: $70k
- 2015: $130k, SWE1 at Twitter
- 2016: $155k, SWE2 at Twitter
- 2017: $180k
- 2018: $222k, Senior SWE
- 2019: $280k
BS from a relatively unknown college. Working out of the Colorado office.
2002 - 2012: $55,770 + ~3% => $85,000 + ~3% (EE to SysE, Dallas)
2012 - 2016: $78,000 => $95,000 (Senior SWE, Dallas)
2016 - 2018: $160,000 + $20,000 => $166,000 + $26,000 (Senior SWE, NYC)
2018: $180,000 + 20% + $15,000 (Team lead, aborted after five months, NYC)
2019: $180,000 + 20% + $112,500 (Senior SWE, working towards Staff soon, NYC)
I used to have a more detailed history, but I seem to have lost it.
2015: $45k - Freelance
2016: $75k - First big boy job
2017: $90k - Second job
2017: $110k
2017: $125k
2018: $135k - Third job
2019: $155k - Fourth job
2017 was a trainwreck. All positions are generalist (mobile, full stack, devops, design, etc.) because company sizes have been tiny. Figures do not include stock or bonuses because that number is pretty much zero.
I live in a major metro area and feel massively undervalued but I don't want to sell out to BigCo
https://docs.google.com/spreadsheets/d/1Zjvz-Ud2TR3rco2BTq0X...
2012-2015: $100k, sysadmin 2015-2017: $100-150k, random projects 2017-2019: $150k, devops 2019: $200k, devops manager
I've only started to develop some level of self discipline in the past few years. Before then, I wasn't even working 40 hours a week. I'd have some brief bursts of productivity where I'd automate something or crank out a project really quickly, but most of the time I was messing around with new technologies.
Given what I'm seeing here, I think I'm going to start looking at working for a FAANG. It's always been my intention to retire early, and I could probably operate at burnout levels of productivity for a few years in exchange for being able to finish funding that plan.
How knowledge of me making $X helps anyone? If you think that you're underpaid, the only thing that will make difference is a competing offer. Reducing experience, amount of work, kind of work and value to the organization, to just 2 variables - race and number - won't make any difference.
Instead:
1. Know your local job market. 2. Make sure you're working on right things. 3. Be a team player. 4. Make your bosses happy (usually that goes hand-in-hand with working on right things and being a team player).
I made good last year, but it's because I happened to be at the right time in the right place, and put a lot of hours of work. Would putting a number and my race on that give you any insight into that?
I believe your analysis is unfairly reductionist and doesn't really capture the spirit of the tweet. If I was asking you for advice about salary, I'd definitely be interested in everything you mentioned, what your skills are, how you got to your current position etc. The issue is that marginalized groups often find it hard to advocate for themselves because of issues of perception and also they lack the knowledge required to properly negotiate. It's hard to know what numbers to throw out when you don't even have a range or you don't know what the social protocols / customs are regarding negotiation.
The point of sharing isn't to trivialize your hard work but it's to help people who are just as qualified and talented as you not fall through the cracks.
I want to be helpful, but simply throwing the number around is not it.
Knowing the international job market is very helpful. I would not know it without a post like this (or HN in general). I could 5x my salary by moving to the US and stay in a tech role. To do a 5x here i'd need to become a board member of a large company.
2008-2010 > 80k - SEO / Bartending weekends 50/50 split
2010-2012 > 55k - Building servers for DC's
2012-2013 > 60k - Helpdesk Support - Law firm
2013-2015 > 65k - Cisco VoIP tech - TekSystems
2015-2018 > 70k - Electronic Trading Support - Bank
2018-Now > 110k - Same as above - Different country same company
Year) Salary - Bonus - Company
1) 50k - 10% - Company 1 - small private tech consulting firm (NYC)
2) 60k - 10% - Company 1 (NoVa)
3) 70k - 15% - Company 1
4) 80k - 15% - Company 1
5) 90k - 15% - Company 1
6) 100k - 15% - Company 1
7) 105k - 15% - Company 1
8) 135k - 15% - Company 2 - series C startup, sales software (SF)
9) 25k - 0% - Company 3 - seed round, business tools, co-founder (SF)
10) 60k - 0% - Company 3
11) 160k - 10%* - Company 4 - series A startup, transportation, acquired a year before (peninsula)
12) 180k - 15%* - Company 4
13) 220k - 25% - Company 5 - series D startup, fintech, acquired a year before (peninsula)
*Actual bonus payout was about a quarter of it2006 - 2014: €16k
2014 - 2017: €21k
2017 - now : €40k
These are gross salaries. I work in Portugal (36yo). I did web development up until 2016 in agencies/consultancies. Now I'm working for a startup.
But I always feel, given my broad old school / new school skillset built up over decades, I could do better elsewhere moneywise.
Theoretically it would be better for me to start my own business, but where I am I get to concentrate on product creation and solving a broad range of technical problems which is super fun!
1998-2002 High school, Barista, Subways, $7/hr 2003-2007 USMC, $25k/yr 2007-2008 Apple, knowledge manager, $50k/yr 2008-2009 Gawker, BusinessInsider, writer, $30k/yr 2010-2011 SF startup, marketer, $55k/yr 2012-2013 Google, HR admin, $60k/yr 2013-2015 Berkeley startup, tech lead, $80k/yr 2015-2017 Started own consultanty agency, $50k/yr 2018-2019 Digital agency, PM, $100k/yr
2012-2014: 25k USD graduated, teach English in Japan
2014: 30k Join startup. Fails.
2015-2017: 25k Back to teaching
2018: 40k try my hand at IT again. Fail.
2019: 30k teaching once again.
If you're worried about your 70k tech salary realise things could be a helluvalot worse.
Age Salary Job Title
--- ------ --- -----
16 ~$10k 1 Software Developer (MI)
17 ~$10k
18 ~$10k
19 ~$10k 2 Research Assistant (MI)
20 ~$15k 3 Software Engineer Intern (MI)
21 $35k Software Engineer
22 $35k
23 $45k
24 $70k 4 Software Engineer (MI)
25 $130k 5 Senior Software Engineer (Seattle, WA)
26 $160k Principal Software Engineer
27 $165k
The ones beginning with "~" were part time jobs that paid hourly. None of the jobs offered bonuses or stock. 1999 23k first full-time job, hourly, Maryland
2000 25k
2001 28k
2002 30k
2003 34k
2004 36k
2005 39k promoted to salaried position
2006 76k moved to Silicon Valley as SWE, Mountain View
2007 88k
2008 106k company bought
2009 158k residual stock
2010 153k new gig in RWC
2011 133k
2012 149k new gig in Mountain View
2013 146k
2014 137k
2015 168k company bought, new gig in SF
2016 181k
2017 165k new gig in Santa Clara
2018 161kYear - Age - Total Income - Role
2014 - 23 - 36k - Test Technician in Santa Barbara, CA
2015 - 24 - 40k - Test Technician in Santa Barbara, CA
2016 - 25 - 46k - Finally made the switch to software, worked for a couple different startups in Portland, OR.
2017 - 26 - 38k - Full-stack Developer for couple more startups while I honed my skills
2018 - 27 - 87k - Landed a contract with a large apparel company
2019 - 28 - 111k - Converted to full-time with large apparel company. Senior Software Engineer.
I'm Chris from Airwindows. I develop audio software and in recent years, give all of it away for free and as MIT-licensed open source. I've recently been cited by name in the New York Times in an op-ed about a subject I pioneered. I've recently worked out a method for dithering to floating point mantissas and released the code under Unlicense (public domain) after refining and improving the code in public discussion with Alexey Lukin of iZotope. This is the (very much a game of diminishing returns, mind you) cutting edge of digital audio R&D and I got the last word: mind you, I had to, because I release open source and Lukin's suggestions though brief were not being accompanied by licensing, making verbatim use of his code legally problematic. Because of what I do for a living and the knock-on effect of people reusing my code in the expectation that they can do that safely, I'm compelled to take that very seriously.
I make $15,204 a year.
I think there is no correlation between capital and any kind of merit, value, or even basic function. At this point, nothing you do no matter how useful or significant will change your financial position so it becomes an entirely separate issue from 'what work can you do' or 'what do you love'. I expect to die, not soon thank goodness, from issues related to poverty.
Until that time, I get to be Chris from Airwindows, and I'll be able to continue to do these things I care about. On the other hand, if I hadn't scratched my way up to $15,204 by now I never would, and I'd be trying to do the same work (as I'd have many of the same thoughts and ideas) out of a shopping cart and dying much sooner still.
The really interesting thing is how most of my Patreon (that's the mechanism, while it lasts: then I die) is composed of people in roughly my wealth position. It appears there is a class interest: if you as a very wealthy open source advocate can use my code (as the 'idea making' class) you'll do so happily, but as soon as you learn I make $15,204 a year, this becomes a compelling argument for not sending any of your wealth out of your class into a lower, less worthy class that should not have wealth. That's how it works out in practice. I think the mental model there is, if my financial position had merit, it would have far more money, therefore giving it more money would only lead to things like me making physical stuff and giving it away (or distributing it at cost to other poor people) thus wasting it or actively sabotaging the wealthier class by giving resources to a poor class.
And this would indeed be what I would do :D
And so these discussions must be viewed in terms of class interests, sometimes quite consciously expressed.
(note: Vermont resident, not a metro area)
- 2017: Internship, $3k /month
- 2018: Sysadmin, 70k/year
- 2019: Raise, but no promotion, 82.5k/year
I tried to interview in January for some software dev positions, but failed on the coding portion of the interviews. I'm studying hard to learn to program and hopefully by the end of the year I'll be able to interview for some $100k jobs.
2007 - $42k Junior Game Designer in Australia
2008-2012 - $45k-$55k (QA Programming Lead)
2012 - $70k Software Engineer at a new company
2013 - $80k Software Engineer raise at same company
2014 - $90k Promoted to Software Development Manager at same company
2015 - $95k Software Engineer at a new company
2015 part 2 - $140k via freelancing
2016 - $70k First employee at startup I helped start
2017-2018 - $80k Raise at startup
2019 - $155k Remote for engineering team that used to be based in Boston.
Memphis TN (on the low end of the US cost-of-living scale), all at the same place.
Early 2007 (right out of college): ~$48k (hourly equiv., contractor)
Late 2007: $51k (salary, "real colleague")
...(no notes... IIRC there were like 2 promotions in there, a couple percent standard raise the other years)...
2013: $81k
...
2017: $96k (promotion / transfer)
I also started with 4 weeks PTO (up to a hair over 6 now), which I hear is a fair bit higher than usual. OTOH it's a privately held company, which means there's no such thing as stock options.
2018: $49k (first SE job) 2019: $52k (first raise!)
East coast but not big city: 1999 $48k, 2000 $52k
I suppose inflation has been mild. Showing up in the height of the Y2K/web frenzy sure helped. I got myself a nice embedded RTOS kernel developer job before even finishing my degree. Meanwhile, everybody else was running off to invent web development or repair COBOL.
People graduating just a couple years later slammed into a dead market.
True, but 20 years is 20 years. 50k in 1999 corresponds to 75k in 2019.
Just to share my part, all in (South)West Germany and in EUR as software dev:
2014: 28k
2017: 33k (raise)
2017: 40k (new job)
2018: 46k (raise)
2011 - Graduated B.S. Info Assurance, 55k, Security engineer
2012 - New company, 65K + 5k bonus, SOC analyst
2013 - Same company, 75k +10k bonus, SOC lead
2014 - Same company, 100k + 10k bonus, same position (sabbatical for 1 yr)
2015 - Same company, 125k + 12k bonus, SOC manager
2016 - Same company, 135k +12k bonus, same position
2017 - Same company, 145k +15k bonus, same position
2018 - Same company, 172k +20k bonus, promoted
2012-13 unemployed
2013-15 grad school position ~1200/mo 20hr a week python developer
15-16 unemployed
2016-2018 29k GBP in London, python dev
First half of 2018 65k usd in DC
Second half unemployed
2019 50k IT staff
I’M SUCH A FUCKUP
2012 - $55k software engineer out of college at a Series B startup
San Francisco Bay Area
2013 - $95k software engineer at same Series B startup
2014 - $120k software software engineer at new Series C startup
2015 - $130k full stack engineer at new Series B startup
2016 - Minor CoLA increase
2017 - Minor CoLA increase
2018 - $140k lead frontend engineer at angel, friends and family round startup
2019 - $150k pay increase at same startup after raising seed round
Edit for formatting.
Perl bookends the career of the author of this article, so respect pls
My experience in tech companies in Bay Area. The stock is a huge part of the income, and, as we move up the ladder, the income is skewed toward stock heavily.
Then, we misleadingly report only salary like this director of Facebook makes $300K a year. No, they probably make like 10 millions a year with stock.
On the other hand, it is a huge benefit if you'd rather not be surrounded by people with those kinds of concerns. It's nice to know that none of your coworkers are likely to steal your stuff, commit acts of violence upon you, spill fentanyl on your desk, embezzle the company's assets, offer you food items with unmentioned unconventional ingredients, or do anything other than be calm and level-headed.
No, I'm not going to spill fentanyl, weed, or any other drug on your desk and I'm also not going to lie during the clearance process to say that I've smoked weed less than 50 times in my life - but apparently that means I can't get a clearance.
there are people with all kinds of backgrounds, and some with drug use in their background, with active clearances. it's not automatic any more. just be 100% honest.
the adjudicator needs to make a determination of whether they think you could be compromised in some way. just because someone smoked weed in college or got a DUI once doesn't mean they can be compromised.
A different version of this argument looks like: "I'm not worried about surveillance because I never do anything wrong." but that's a philosophical argument.
Just from a straight "annoying" / pragmatic perspective I can think of the following issues:
Marijuana is legal in a lot of states including DC but not if you hold a clearance, if you're into that kind of thing.
Anything international makes for a paperwork drill, not to mention possible approvals required.
Any normal domestic interaction with the law (law suits, getting pulled over, arrested and not charged, etc) all become a potential job-destroyer.
Not to mention you're reporting all of this stuff to the government 100% of the time.
It may not be a hassle if you live a pretty conventional lifestyle, don't travel much, etc, but it definitely adds a layer of annoyance at a minimum.
2013 - $45k - test engineer
2014 - $50k - raise
2014 - $82k - new company, switched to software engineering
2015 - $89k - raise + adjustment for finishing masters degree
2016 - $94k - raise + promotion
2017 - $98k - raise
2018 - $105k + $15k RSU - raise + company wide adjustment, also first time given RSU bonus
I'm fairly happy with my progression, plan to stay at the current company for the forseeable future.
https://4programmers.net/Forum/Kariera/233131-ile_zarabiacie
Do you know similar places for the global market?
2006 - $6k - system administrator
2008 - $14k - webdev
2009 - $18k - webdev
2010 - $32k - swe1, enterprise
2012 - $48k - swe2, same place
2015 - $135k - swe2, relocation
2017 - $150k - swe2
2018 - $200k - swe4 (bigger enterprise)
2016 - $110k + $10k sign on = $120k @ BigCo
2017 - $125k @ Startup
2018 - $155k @ Same Startup
2019 - $225k + $50k sign on = $275k @ BigCo
I'm not in London. :/
2015: $1.43 per hour (camp counselor) 2016: $12 per hour (Data strategy Intern, NY) 2017: $23.25 per hour (SWE Intern, OR) 2018: $48.75 per hour (SWE Intern, SF) 2019: ~$160K per year (SWE NY)
2014 $72K junior, a startup in Kitchener
2016 $75K mid-level, same startup
2017 $100K mid to senior level, a startup in Toronto
2018 $108K senior, same startup
2019 $145K senior, another startup in Toronto
2017 - startup shit out, went to 1 company, 85k a year, left that company (really bad situation), second company 100k a year
2018, 115k (same company promoted me)
2019, 150k switched to a FAANG
Year 1: 230(130+ 40 signing + 40 stock + 20 annual bonus)
Year 2: 265(135 + 50 signing + 50 stock + 30 annual bonus)
switched companies between year 1 and 2. expect total comp to go down next year but do expect refreshers
BS in UX-related & MBA
2003 BS
2007 65k* (UX @ public)
2008 80k* (UX @ public)
2010 MBA
2012 110k* (Product @ seed startup)
2012 80k* (Product in competitive industry @ funded startup)
2013 0* (Startup @ self)
2015 105k* (Product @ funded startup)
2016 115k (Promotion @ funded startup)
2017 135k* (Solution Architect/remote @ public)
2018 138k
*New job
My salary progression in SF while working at small/medium-sized startups.
No college degree.
All base.
In my early 20s, 2014 - 105k, SWE
2015 - 110k, SWE
2016 - 115k, SWE
Now my mid 20s, 2017 - 130k, Senior SWE
2018 - 135k, Senior SWE
2019 - 145k, Senior SWE
If I decided to go to US, I'd make a lot more money in both cases.
Mostly SFBayArea...
1995 - 30k (startup)
1996 - 40k
1997 - 60k
1998 - 100k (consulting)
1999 - 120k
2000 - 150k
2001 - 80k (dotcom crash)
2002 - 80k
2003 - 120k (bank)
2004 - 125k
2005 - 90k (startup)
2006 - 125k
2007 - 140k
2008 - 125k
2009 - 140k
2010 - 150k
2011 - 165k
2012 - 150k (contracting)
2013 - 125k
2014 - 1M (startup sold)
2015 - 60k (startup)
2016 - 100k
2017 - 150k
2018 - 500k Eng mgr
2019 - 600k expected
- 2009: 35K - software engineer
- 2010: 37K - software engineer
- 2011: 39K - software engineer
- 2012: 41K - software engineer
- 2013: 47K - software engineer
- 2014: 50K - software engineer
- 2015: 55K - software engineer
- 2016/2017: 35K - unemployment system salary, while I was an entrepreneur
- 2018: 65K - senior software engineer
- 2019: ? (I'm now a manager)
-----
Some thoughts:
- my salary is very low compared to some mentioned in this thread, and yet I don't have the impression to be underpaid, in comparison to other engineers in Paris, and of course, in comparison to other French people. I'm the best paid among my Parisian friends (and probably among all those who where within my school class in high school, when I lived in a small French city, where 2000€/month is already great) Of course, I could do a lot more but before this year I wasn't a manager. To earn more as a software engineer without leadership responsibilities, you have to be part of the bests. Not my case I think.
- I feel it's very hard to exceed 90/100K. I know a few VP at 120K/130K but it's an elite. It's even hard for them to find a job position.
- retrospectively, the tech job market in Paris was very depressing before 2011. No start-ups (so no equity), very few tech companies, low salaries. I've been hired at a low 35K, as almost all the fellows from my engineering school. Today, an engineer in Paris started at 40 and is at 50 in two years.
- sometimes, I regret that all my "VIE" contracts (a program that allows french people to go work in French companies abroad) collapsed in the month of January 2009, just after the beginning of the financial crisis... But it would have been to work for the Societe Generale in New-York or for Safran in Houston, not for Google or Facebook. And I wouldn't have met my wife, so really no regrets.
- I also admit that in my first years in Paris, I was almost more in bars and movie theaters than in an office. Maybe it'd have been different if there was already a startup scene at this time.
- the start-up when I worked today tried often to hire foreign engineers. Everyone is generally very excited to come work in Paris, but has difficulties to get past the salary barrier. In these moments, I have to be the best advocate for the French health and unemployment system, which is great but, let's be honest, doesn't replace the crazy salaries I see on this thread. I like our system mostly because it helps my grand-mothers to live in a decent way, but if I was alone here, without a sense of solidarity, and without the desire to make my life here, I'd think it's a waste.
- in 2016-2017, I was an entrepreneur. It's been tough and it's been a failure (not a big failure, but still a failure). But thanks to the unemployment system, I was paid around 35K/year.
2018 $197,000 boston
2017 $155,000 boston
2016 $140,000 boston
2015 $64,000 my startup
2014 $137,000 nyc
2013 $117,000 nyc
2012 $99,000 nyc
45K.
74k.
116k.
- what a cringy statement. an industry that caters to white dudes. literaly the CEO of the biggest software company name on earth is an indian. the CEO of one of the top chipmakers on earth is an asian woman and a big chunk of engineers are from china and india but ok whatever. what does the end of the statement means? if you are not white you can be cheap on compensation?
There is a footnote in the first paragraph that mentions white people and privilege. The purpose of the footnote was for the author to explain that even though he’s providing this information, it may not help non-white people.
Either way, neither the tweet nor the footnote say what you’re saying.
It's a really taboo subject to talk about to begin with; and there are really two extremes that you'll hear:
1. It's a meritocracy and anyone can do this! (It isn't, and they can't)
2. Yea, this will work for you but not in general. (You're probably right on this one, as my salary and my progression are very personal things).
To thread the needle, I'm trying to point out that I acknowledge #2, and explicitly reject #1 as empirically false; and I hope that by sharing my salary, I bring light to the fact that #1 is false, and that if more people who are similarly advantaged as I am talk about it, we can make #2 no longer be the case.
Also: a B2C service startup in the US has a bigger potential market than the same one in Europe (assuming they’re targeting what they know—the local market).
End result: no gigantic piles of cash looking for investment opportunities going to VCs to funnel into 100x success maybe startups, no companies minting money like crazy, no salary inflation
I'm certainly not saying that a comparison is equal, but it feels like for anyone except the highly paid, the gap isn't that wide all things considered.
You can't just hand-wave away "standard of living" and "social services and benefits".
These may be things you take for granted but a large majority of the population has to have a large emergency refund in case they get severed from their company without any notice for any reason (Compare that with job security in France or Germany).
Consider you need to save a ton of money yourself in government sponsored accounts such as HSA or FSAs for future healthcare expenses that you can't possibly estimate when you're 20 years old. (Compare that with the NHS in England).
Consider you need to sock away a ton of money in 401ks and IRAs so that when you're 50 with no job prospects, you don't end up on the street and can actually have a decent retirement. Nobody is paying serious pensions and hardly anyone can survive on social security. (Compare that with the savings pillars in Switzerland).
Now considering all this, you still think his salary is HUGE compared to a Western European one? I highly doubt it, I have already run the numbers myself.
The broader point of the new replacing the old is generally true (your marketability will decline by age 50), but I still see many baby boomers holding onto well paying positions for the foreseeable future. I save to hedge the risk, but I’m not too worried, since I believe the risk is over-stated.
This seems like somewhat of an idealistic view point when over half of Americans have less than 1k in their bank account.
Compared to the EU, one would have to fund a larger emergency fund to avoid surprises.
HSA’s are good investments, but FSAs don’t roll over I believe, so they’re actually quite terrible for 20 year olds
Your analysis is a little idealistic though. I wouldn’t feel certain about social security nets 50 years out. I would take the cash any day.
The first year might be 5 or 10 days. After 10 or 15 years, you might get 20 to 40 days.
If you want better, you'll have to pay out of pocket, possibly including travel to some other country.
If we are to compare US vs EU salaries, we must take into account healthcare cost, retirement, welfare, parental leave, PTO and so on. Otherwise the whole purpose of the exercise is pointless and it may embellish on side of the argument vis-a-vis the other.
How do you call that sort of tactics already? Propaganda, right? The POTUS would respond "Fake News!" (although I'm not fond of him).
Ignorance and complacency run amok on HN these days.
Never made it above 180.
sigh.