Austin's salary is public data, and I have a really good sample of what people like him make in industry.
Try 5x. Before RSU appreciation.
Maybe 3x. But 3x would imply a VERY chill industry position. "Name your interest space and we'll let you work on that" type of gig. Probably way more chill than academia.
> The freedom and unstructured time to explore fuzzy problems is unmatched.
Industry also provides this. Actually, I find much more freedom in industry than in academia. And, if we're honest, my industry position is probably at least as secure as a faculty position at a public university in a red state.
> I don't know any other job that gives you 6-figure salary and lets you basically do whatever you want for 42% of the year.
In industry research, you can't do whatever you want. But you can usually do what you want.
In fact, the caveat of "prove your worth" is a huge tell. In industry, you REALLY CAN do what you want! Real freedom; just be useful. In academia you have "freedom". By which we mean "raise money".
But even if not... look at it like this: an industry position that pays 5x allows you to work for a year and then take the next 4 off. 2/5 is bigger than 1/5. And that is time you can actually take off. To do whatever. Not "off" in the "better be writing grant proposals!" sense. Actually off.
> Is a 2x salary increase worth giving up that kind of time?
Probably not. But if you can land an R1 CS position in SE, you should be making closer to 5x.