Why I left my PM role at Microsoft
medium.com
medium.com
> "Start something new; change the world"
vs
> "a friend who’s founded an awesome startup (JogsForDogs)"
and
"There has to be a better way to measure customer service ROI. We think we've found it."
Microsoft needs great people. He will just have more experience in new and unique ways, so he will be more employable.
For Microsoft employees who hit a level and can't get higher, they can probably go to a startup for 2 years and come back at a higher level at Microsoft.
PM refers to Project Manager as far as I know. But there are different levels of PM's within Microsoft. You can be a completely junior PM managing two really junior devs developing a simple feature. Or you can be a principal level PM and earn that amount of money. Just the term PM doesn't mean much.
While this might sound like the old Office Space gag that they "take the specs from the customers and bring them to the engineers", a good PM brings a lot of value to the team and - in the classical PM role - frees up the engineers to worry about implementation and less about what this message should say when this error happens.
But a great PM will come up with product strategy and just do whatever needs to be done to get the software out the door. Sometimes this means working closely with lawyers. Sometimes this means working closely with the security team. Sometimes this means writing code. Or making sure the marketing team is on the same page as the product team. Or that the sales team knows how to pitch this and has all the materials they need to present. Or presenting to customers at conferences.
Sometimes this means baking cupcakes for the team, just because.
It's a time consuming, unenviable position in a lot of ways. But it's also probably the position at Microsoft with the most ability to impact products that ship to customers.
(Disclaimer: Microsoftie.)
- Ex MSFT PM
I suppose "World" could mean whatever you want it to mean though.
That seems fairly unambitious at that salary. If I were in his shoes I'd like to think I would stick it out a few more years and be able to just retire early and work on side projects for fun.
[1] There doesn't seem to be a way to link the table directly, but you can search at http://factfinder2.census.gov/faces/nav/jsf/pages/index.xhtm... and then click "Income" on the left.
and then, there's Africa
250K out here in SF still buys you a nice life, especially if it is a one-income family. If it's a dual-income, full time family with two kids?
The median price of a 3br house in SF is around 1mil, maybe a little higher. Full time daycare is about 25k a year per kid, really, this isn't an exaggeration. So a 5k per month mortgage and about 4k a month in childcare - and because the two-income family is "high income", they lose out on most tax breaks for the childcare expenses. Reality is, you're a lot better off financially with one huge wage earner and one stay at home parent.
250k a year is still a nice salary, and many people who have it 1) don't have kids, and 2) got into the housing market a while ago, and carry a much smaller mortgage (their property taxes are much, much lower, too).
But for a two income family new to the housing market, with two small kids? 250k keeps you safely in the middle class, but you'll be limited in where you can live (outer-ish sunset or south of 280 are probably your best housing options).
Besides, why the violin? He isn't bemoaning his decision. He seem happy about it. He may be speaking to all the young recent graduates that are gunning for a role like his. I enjoyed the post.
First, yes it is pretty uncommon in the software development world, because a small number of software engineers work for these companies in areas with pay like that.
Second, the software development world is pretty small in the overall employment picture, so the people who work for those companies at that salary are a small minority of a small minority.
You're right, it's only 1.5% pay. He'd have to make $350K to crack the 1%: http://en.wikipedia.org/wiki/Affluence_in_the_United_States#...
Of course, those income figures are household income levels, so if he lives with a spouse/partner/significant other who makes $100K or more, they're in.
Maybe 30th percentile, in 2004.
That salary is not quite top-1%, but it is at least top 3%.
In 2010, that salary would have put him somewhere between the top 5% - 1%: http://www.financialsamurai.com/how-much-money-do-the-top-in...