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Startup workers are tweeting about how much money they actually make
Posted on 5/1/15 at 3:33 pm
Posted on 5/1/15 at 3:33 pm
LINK
Some of these salaries are ridiculous. Is majoring in computer science a sure fire way to ensure you make more than any other degree right out of college?
Some of these salaries are ridiculous. Is majoring in computer science a sure fire way to ensure you make more than any other degree right out of college?
5
Posted on 5/1/15 at 3:40 pm to stendulkar
quote:
Is majoring in computer science a sure fire way to ensure you make more than any other degree right out of college?
Connections connections connections
Posted on 5/1/15 at 3:44 pm to stendulkar
quote:
Is majoring in computer science a sure fire way to ensure you make more than any other degree right out of college?
Like was tweeted, you have to live in the Valley and be very good at what you do to be hired anywhere that pays well.
Posted on 5/1/15 at 3:44 pm to stendulkar
So what makes you think they were right out of college? Am I missing something?
One guy making 130K+ according to him was a Senior Sftw Eng at Google.....that seems probably right but I can almost guarantee he wasn't a senior right out of college.
Another stated they went from 32K to 100K plus since 2009 which tells you plainly they aren't right out of college.
There are other careers out there where you can start out making more than IT obviously. However, the potential earnings in IT for hard working folks that are willing to keep learning is immense.
ETA Like the guy above said location matters....although I've managed to do pretty decent in BR....although that may change soon (Aye Aye Aye Amedisys!)
One guy making 130K+ according to him was a Senior Sftw Eng at Google.....that seems probably right but I can almost guarantee he wasn't a senior right out of college.
Another stated they went from 32K to 100K plus since 2009 which tells you plainly they aren't right out of college.
There are other careers out there where you can start out making more than IT obviously. However, the potential earnings in IT for hard working folks that are willing to keep learning is immense.
ETA Like the guy above said location matters....although I've managed to do pretty decent in BR....although that may change soon (Aye Aye Aye Amedisys!)
This post was edited on 5/1/15 at 3:46 pm
Posted on 5/1/15 at 4:08 pm to LSU316
130k in silicon valley is like $65k in most other places
Posted on 5/1/15 at 4:29 pm to gmrkr5
quote:Yeah, houses in some of those areas sell for $1k+/sqft.
130k in silicon valley is like $65k in most other places
Posted on 5/1/15 at 4:30 pm to gmrkr5
Ya, I don't see what the OP was so impressed about with the numbers in that article.
Seemed pretty "normal" to me, even not very good for the cost of living there.
Seemed pretty "normal" to me, even not very good for the cost of living there.
Posted on 5/1/15 at 8:54 pm to stendulkar
Going into IT isn't as lucrative as it once was. Granted, many will still make a lot of money. It's just that most will not. Not everyone will be a senior engineer at Google or Intel.
If you're good at programming, you'll be fine though. If you think you're going to babysit some cloud servers 10 years from now and make a good living then that seems naive.
I'm in management so I'm doing okay but there's always threats of doom and gloom. Looking back my family and I would be better off if I would have gone into Electrical or Chemical Engineering instead.
If you're good at programming, you'll be fine though. If you think you're going to babysit some cloud servers 10 years from now and make a good living then that seems naive.
I'm in management so I'm doing okay but there's always threats of doom and gloom. Looking back my family and I would be better off if I would have gone into Electrical or Chemical Engineering instead.
This post was edited on 5/1/15 at 8:57 pm
Posted on 5/1/15 at 9:02 pm to stendulkar
They also work at startups. These guys want full-stack engineers who'll work as much as they have to to launch the product. This isn't a job just anyone can get. You have to be pretty talented, and I'll just say that the one talk I did have with a company in the Bay Area, they pretty much expected you to live there. They want all of those "wears many hats" type of guys, and they work them to the point of insane burnout a lot of times.
The startup scene is not for the faint hearted. Not to mention, 100k in that area makes you relatively poor.
The startup scene is not for the faint hearted. Not to mention, 100k in that area makes you relatively poor.
Posted on 5/1/15 at 9:33 pm to Dijkstra
quote:
100k in that area makes you relatively poor.
Relatively poor, compared to what? It's less than ideal, for sure but I wouldn't call it poor. Imagine two incomes at that amount.
Keep in mind that a lot of the other expenses are just marginally more expensive, percentage wise. You probably need an extra $15k to make up for non-housing related expenses and then every $20k extra (pre-tax) gets you an extra $1000/mo or $125k loan to spend on housing. Granted, it'll take longer to save up for that down-payment.
Also, you can commute from far flung areas and telecommute some days to make up for it. Friend of mine works in SV but lives in Pleasanton which is 30 miles away. Now he is looking to buy a new home in Fremont. Obviously people are able to afford these "unaffordable homes" because demand is high enough to drive prices up.
Posted on 5/1/15 at 10:09 pm to Asgard Device
I phrased that wrong. I meant that your spending power with 100k there isn't what it would be elsewhere on the same salary.
Posted on 5/1/15 at 10:27 pm to LSU316
quote:
So what makes you think they were right out of college? Am I missing something?
I guess the OP was badly phrased. What I meant was coming out of college the salaries of CS folks tend to be relatively high and the gap rises the further along you are in your career. In any case, the Bay Area seems to be the place to be if you are young techie.
Posted on 5/1/15 at 11:32 pm to Asgard Device
quote:Both of these jobs are being offshored, just like the last 20+ year trend in IT.
If you're good at programming, you'll be fine though. If you think you're going to babysit some cloud servers 10 years from now and make a good living then that seems naive.
I would not recommend IT path to a 17-18 year old entering college. Get a more useful degree.
IMO, IT is bottom heavy. Unless you specialize or have a niche, there are 10 more just like you, 9 of them outside of the US willing to do your work for one-third the cost.
This post was edited on 5/1/15 at 11:48 pm
Posted on 5/2/15 at 7:01 am to LSU316
quote:
potential earnings in IT for hard working folks that are willing to keep learning is immense
I've been in IT now since 96. This is so true to this day. Interesting that some of the guys I started with are still doing the same monotonous job, I've changed several times. Need to keep fresh.
Posted on 5/2/15 at 9:45 am to gmrkr5
quote:
130k in silicon valley is like $4 in most other places
Fify
Posted on 5/2/15 at 11:38 am to Asgard Device
quote:For every "senior" engineer there are probably 25+ "junior" engineers and "Paid Interns".....those doing grunt work ..are a dime a dozen.
Not everyone will be a senior engineer at Google or Intel.
Posted on 5/2/15 at 1:23 pm to drizztiger
quote:
IMO, IT is bottom heavy. Unless you specialize or have a niche, there are 10 more just like you, 9 of them outside of the US willing to do your work for one-third the cost
This is 100% true. You have to find a niche that's valuable to an organization. It took a couple years for me to figure that out, but it's paid off.
But then again, I'm sure that advice applies in quite a few fields.
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