1) That's not white collar tech jobs, that's ALL jobs in SF
2) That's base salary, not inclusive of other comp like stock and bonus
3) Benefits are a huge slice of the compensation pie: insurance is not cheap, most companies 401k match, etc
4) Payroll tax is a big chunk too
5) There's overhead associated with hires. At a minimum they get a laptop, but if they're onsite you have to furnish a cubicle and pay all associated costs
Fully loaded, the annual expense of a generic tech hire in SF is definitely more like $200k
Right! Because:
>If we are take an average SF salary...
>No way average SF salary is that low.
:)
From HN guidelines “Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith.”
Please do the same. My response can basically be read as...
Someone: "I don't think that the average SF salary is $100k."
Me: "You'd be surprised!"
... because I didn't know the answer to that either and found it interesting. That's it, basically.
But maybe DocuSign doesn't do it that way, I don't actually know.