Re:2015 Engineering Salaries Reviewed
by jessedhillon on Wednesday August 12, 2015 @06:32PM
(#10051189)
> other parts of the US, even tech-heavy ones
This is not comparable.
SF is unique among other "tech-heavy" environments around the US in that we reward employees with significant pre-liquidity equity here, and the chances are significantly above zero that those shares are worth something in many cases. When you factor that in, compensation comes out to ~$300-500k/yr.
In other areas of the US, even where you have a density of tech startups, the culture is entirely different -- compensation is attractive to a more conservative profile. Likewise, the companies that inhabit those economies are not targeting the same kind of aggressive growth that companies in SF+SV.
So to say that there is a choice between working in SF and, say, the research triangle, disregards crucial differences.
This is not comparable.
SF is unique among other "tech-heavy" environments around the US in that we reward employees with significant pre-liquidity equity here, and the chances are significantly above zero that those shares are worth something in many cases. When you factor that in, compensation comes out to ~$300-500k/yr.
In other areas of the US, even where you have a density of tech startups, the culture is entirely different -- compensation is attractive to a more conservative profile. Likewise, the companies that inhabit those economies are not targeting the same kind of aggressive growth that companies in SF+SV.
So to say that there is a choice between working in SF and, say, the research triangle, disregards crucial differences.