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Re:Google is saving $1B per year as a result of employees wo... by bradlys on Wednesday April 28, 2021 @11:48PM (#26977231)
> You're living in a dream world if you think $600K household is the norm in Silicon valley, even for FAANG employees.

For married couples above 30 with one high TC earner - it's extremely common. You're not marrying a barista in SF if you work at FAANG. I haven't met anyone who is married, above 30, who also works at FAANG, the spouse can legally work in the country, and the household income is below $500K. I know that seems like a lot of qualifiers but basically a married couple that both have working abilities - if one is at FAANG, the other is likely at FAANG or similar (or a doctor or a lawyer or an executive or whatever - very common).

I'd have to really stretch to find anyone who I've met with high TC that isn't also married to another with high TC (besides SAHM/SAHD - where the one earner is usually an exec, so homes are still not too expensive for them).

I'm not talking about non-FAANG employees btw. If you work somewhere that doesn't pay well - then ok. You have to suffer like every other American does. I'm saying that if you work at FAANG - it's a bullshit excuse to commute an hour each way. (I mean - FFS - a lot of them have shuttles where you can clock in on even if you do live further away) It's a choice at that point. They pay you a lot so you can be close to their campus. High earners typically marry high earners. It's financial suicide to do otherwise. (Bye-bye 1/3 of your income for 18 years when you inevitably get divorced)

Re:Google is saving $1B per year as a result of employees wo... by vecinu on Thursday April 29, 2021 @02:03AM (#26977906)
> I haven't met anyone who is married, above 30, who also works at FAANG, the spouse can legally work in the country, and the household income is below $500K.

You may have a very limited circle of folks you talk to and are willing to share such details with you. Myself and a number of close friends do not have a $500k TC household as married couples. Not even close.

> It's financial suicide to do otherwise. (Bye-bye 1/3 of your income for 18 years when you inevitably get divorced)

Maybe I misunderstood you but you're saying you should marry someone who earns similarly to you because of the inevitable divorce? I'm not sure I follow, you're advocating to marry for the financial prospects first because marriages end in divorce?

Re:Google is saving $1B per year as a result of employees wo... by bradlys on Thursday April 29, 2021 @11:49AM (#26982705)
And you’re at FAANG? If you have 10+ YOE, there is no reason you shouldn’t be ~70% of the way there as a single earner.

I’ve seen enough people have their marriages end and have insanely high and long term alimony payments even after the other partner has moved on and pseudo-married someone else. (But hasn’t legally married them because then they don’t get their alimony) Until marriage is treated like a business contract where consequences are agreed to before signing, it’s a terrible idea to marry someone in a lopsided financial situation unless you don’t care about any kind of risk. You’d never be able to get/afford insurance for such an incredibly risky venture.

Re:Google is saving $1B per year as a result of employees wo... by almost_usual on Thursday April 29, 2021 @12:04AM (#26977323)
Half of that TC goes to taxes, then there is childcare, rent, etc while saving. The home is doable but you’re not going to have a competitive offer unless you’ve been saving for a few years assuming you have no debt.

The point is.. going into work is a waste of time most of the time. That’s why a lot of companies are doing flex schedules now.