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Re:Downsides to working at a tech giant by cosmodisk on Monday December 23, 2019 @05:31PM (#21868078)
It's a bit sad how the rest of the world don't put such reward for dev jobs.Even here, in London,I'd need to be a quant to pull such a salary.
Re:Downsides to working at a tech giant by milofeynman on Monday December 23, 2019 @05:50PM (#21868196)
The rest of the US does not pull such salaries. That's pretty exclusive Silicon Valley / Seattle.
Re:Downsides to working at a tech giant by mancerayder on Tuesday December 24, 2019 @01:49AM (#21870368)
And NYC. Finance IT management jobs at the senior levels pay a solid 3-500, senior devs 200+, with some sort of bonus structure being common. Then there are increasingly tech companies (something that used be pretty rare even 10 years ago), and for the tired, there are university and hospital IT jobs.

However, rent is through the roof, on par with San Francisco. And a city with its own set of challenges.

From what I hear and read, Seattle seems like one of the best bangs for the buck. As for myself, the lack of sunlight would make me want to live in London (at least I can fly two hours and see the Sun).

Re:Downsides to working at a tech giant by briandear on Monday December 23, 2019 @06:54PM (#21868606)
You can easily make $100-$120k in Houston and that’s still much higher than London salaries. I had offers for $135k in Connecticut, offers for $90k in Kansas City.. still vastly better than London and the rent is a hell of a lot cheaper.
Re:Downsides to working at a tech giant by barrkel on Monday December 23, 2019 @11:28PM (#21869867)
£90k is around benchmark senior dev pay in London (band I'd say is £80k to £95k). I make a bunch more than that.

London is a global city though and you'll always feel somewhat poor in this town unless you can compete with various foreign kleptocrats using it as a land bank, and that takes 8+ digits wealth.

Re:Downsides to working at a tech giant by freeone3000 on Tuesday December 24, 2019 @12:01AM (#21869998)
Dude, $135k base in Montreal. Pay is localized but not that localized.
Re:Downsides to working at a tech giant by TuringNYC on Monday December 23, 2019 @06:20PM (#21868397)
London is an expensive town, so I'm sorry to hear that.

But for others -- dont be too jealous, because a lot of that high salary is just a rent premium and ends up with landowners. Great if you are a landowner, but otherwise, you're mostly breaking even after taxes and rent unless the markets riso to make your stock grant in the money. (and well, if all the math is on stock anyway, you can work anywhere and just buy some options on FAANG and be done with it, which is what I do.)

There are cases where you can do well (e.g., live with 2+ roommates in a tiny apt like some friends do.) -- but then, it isn't a sustainable thing.

Re:Downsides to working at a tech giant by briandear on Monday December 23, 2019 @06:55PM (#21868610)
> because a lot of that high salary is just a rent premium and ends up with landowners.

And London has cheaper rent?

Re:Downsides to working at a tech giant by digianarchist on Monday December 23, 2019 @08:00PM (#21868994)
Right that point broke down pretty quickly. Rent in London is more expensive than most of the United States.

I found pay-salary ratio worked best in Toronto provided you don't expect to own a home in the city.

Re:Downsides to working at a tech giant by TuringNYC on Monday December 23, 2019 @08:06PM (#21869022)
That is why the post started off with "London is an expensive town, so I'm sorry to hear that. But for others --"

Some cities are not rational. The best game to play when you have irrational rules is to not play. That is why the post was directed "To others: "

London and NYC are not rational cities. To some extent, also Vancouver. Some of these cities are places where foreign cash comes to be parked in, often empty, apartments. They raise prices for everyone and ruin market dynamics. SF/Bay Area is irrational in a sense because you are competing on a time spectrum -- a rational job for someone who purchased a house in 2004 is an irrational job for someone who needs to rent at 2019 rates.

Re:Downsides to working at a tech giant by aledalgrande on Tuesday December 24, 2019 @05:29AM (#21871064)
Yup, Vancouver can be more expensive than LA, with way lower average salaries.