There is increasing bifurcation in career paths and the returns to them in the engineering community, and increasingly it appears to be severe enough that not only do the sides having difficulty empathizing with each other, they affirmatively believe the other side doesn't exist.
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What’s your take if I paraphrase the latter as ”no material number of engineers make $400k in Europe, working as engineers” Because the core part of getting paid more seems to be… moving to Bay area.
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I think I’d need a threshold for materiality but broadly speaking I think this is one of those situations where the future is here but not evenly distributed. Are there people in e.g. Berlin with SFBA salaries? Yes. Are they uncontroversially engineers? Yes.
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Engineers making $400k/yr (generally) work on problems where their knowhow creates some multiple of that $400k year-in, year-out. There is a relatively limited number of companies that have structures set up for engs to make that level of impact, vs. "all of software dev.".
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So you have to find companies that: 1. Operate at that level of scale 2. Have structures in place to ensure engs are working on valuable things 3. Don't treat engs as cogs to be swapped if they get all uppity
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Are there a lot at 400k in base salary? I know there’s a ton at 400k total comp, but my rough impression is base salary range is 140k - 200k for L4/5 equivalent roles at most companies with Netflix as an outlier since they do all cash, am I off?
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Far fewer at $400k base, but I think
@patio11 is referring to total comp. For a lot of my friends at google l4/l5 I think mix is often ~ 50% base, 10-15% bonus, remainder in RSUs. It can vary considerably depending on years in role and performance reviews.
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It’s worth noting that one side is worse off for not believing the others’ here. The engineer who believes no engineers make $45k is not personally impacted. The engineer who doesn’t believe other engineers can make 10x that is seriously impairing their own income potential.
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Also worth noting that $400K in the bay area is scaled by the stupidly high cost of living there. The same standard of living in Lincoln, Nebraska is $185K.
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Does this apply to product managers too, in your experience, or only engineers? Asking for a friend...
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Yes, a run of the mill long-term contractor working at a government agency or industrial giant here can get around $180k (including 1 month vacation), while employees doing the same work perhaps make 50% of that total comp. Sure, job security, but much is ignorance...
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