Re:Ask HN: Have tech salaries been stagnant for the past dec...
by yrgulation on Thursday September 15, 2022 @07:59AM
(#32850418)
One should factor in taxes, vesting times and what % is actually yours of those shares. Two websites i quickly used for calculating take home pay showed 8000-9000 usd per month. I may be wrong but it would seem like that’s rather low. I know people in east europe making almost that after tax on a way lower salary / daily rate.
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Re:Ask HN: Have tech salaries been stagnant for the past dec...
by marcinzm on Thursday September 15, 2022 @08:04AM
(#32850464)
The take home in California would be $20k+ per month. Income tax for a single person would be 40% and if married it'd be 32%. That's not counting any deductions you could do or $401k match.
edit: The comp is also not counting stock appreciation which historically was a lot. If you joined Apple in 2019 with a $200k in annual RSUs over 4 years then this year you'd be making $800k from those RSUs. So likely over a million in total tax reportable income.
Re:Ask HN: Have tech salaries been stagnant for the past dec...
by yrgulation on Thursday September 15, 2022 @08:07AM
(#32850498)
Interesting, thanks for the clarification. Not had but not as high as it sounds at first sight.
Re:Ask HN: Have tech salaries been stagnant for the past dec...
by colinmhayes on Thursday September 15, 2022 @11:56AM
(#32853966)
You think taxes are 70-80%?