However, with interest rates going up and funding going down, things seem to be tightening up.
So HN - Do any of y'all happen to know of any tech companies throwing $$ at candidates these days? I know the big tech companies are still pulling good numbers, for the ones that are still hiring, but I'm curious about the exceptional offers that we used to hear about a few years back. Have those completely dried up?
(Not actually asking for myself so much as to get a pulse on things.)
YMMV; I'm a senior cloud engineer with 8 years of experience (all non-FAANG), though no academic CS background. Another caveat: starting right before COVID, I made the decision to only ever work remote, so all my experience with the job market in the past few years is only with 100% remote positions.
So yeah definitely not retiring in 5 years unless you are already 55.
This also means you didn't do anything flashy or crazy with your money or lose it in markets.
Woah, woah, woah! That's more than most people in the world, the US or even California earn in a year, before taxes. (Median per capita income in California is $39k).
Why is a remote worker going to be spending roughly double the average Californian?
These are weird numbers.
35% of 250k is not 100k. It’s 87.5. And you shouldn’t be paying 35% on 250k. 35% is the top tax rate you pay. Most of your dollars will not be taxed at that rate.
At 250k of income you should actually be paying about $70k in taxes.
But yeah, you’re not retiring in 5 years unless you’re retiring somewhere exceedingly cheap.
https://github.com/lukasz-madon/awesome-remote-job
(not op, no affiliation with anyone on this list)
1) filtering listings on AngelList ---> the job before last
2) searching "remote" on the "Who is Hiring?" threads here of HN ---> my last job
3) looking at the job listing page of companies whose work interests me who I've heard have remote-friendly or -only cultures ---> my current job and most of the places I'm currently applying
Things will probably swing if/when the next great tech co IPOs successfully. Eyes on stripe, bricks etc.
Our offers are pretty generous I would say, not FAANG levels but way above "average" + good bonuses. We're not a "bad" company to work for either - high staff retention (some are nearing 20 years), good Glassdoor feedback, really generous with the WFH equipment (we've all got more monitors than we know what to do with), and I would say we're an almost universally liked brand all over the world. And despite all this, so far this year in our team we've managed to hire 2 people for the 8 vacant spots (with 6 more spots over 12 months). I hear from other teams it's basically the same story, they're even getting people quitting one week before they start due to a slightly better offer.
tl;dr - I think there are still companies out there making obscene offers to some candidates, especially the senior and above tier ones. I wish they would stop because I'd also like to hire some people.
Throwaway because my current employer would see me.
Most places don't pay FAANG money, hence why FAANG's are so popular and hard to get into.
EDIT: The more I think about this, the weirder this comment is. Did you not see the bit where I mentioned some staff have been around for 20 years? What kind of startup is more than 20 years old?
Just got an offer for 20% more than my current salary after a few months of interviewing. I probably interviewed at 15 companies or so.
There were a seemingly endless number of mid-to-senior operations and development positions available, so I only had to apply to companies I wanted to work for. I saw plenty of both remote and in-person.
The only challenge was finding an increase in pay. I have 10+ years have experience, so many mid-range individual contributor positions were capped too low.
Meta may be isolated but it's big enough to make the market feel a bit shakier.
