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0 pointspier2510mo ago0 comments

Maybe if you're working in FAANG...

0 comments

Lots of jobs where employers pay that much per head, not just FAANG. Honestly FAANG is probably spending double that for senior+ level engineers.

conradkay10mo ago

Average US salary for SWE is 10-12k/month. Fully-loaded cost (what they spend) is 1.5-2x salary so that's not an unrealistic number

pier25OP10mo ago

So you're arguing about the top 10-20% earners in the US?

Also the world is much bigger than the US.

vel0city10mo ago

The point is you don't have to have FAANG salaries to hit $20k/mo in cost to your employer.

Tons of software developer jobs in the US for non-FAANG tier or unicorn startup companies are >$100k and easily hit $120-150k.

Also the fourth quintile mean was like $120k in the US in 2022. So you'd be in the top 30% of earners making that kind of money, not the top 10%.

https://taxpolicycenter.org/statistics/household-income-quin...

1 more reply

drodgers10mo ago

Yes, this product mostly only targets the top 20% of US earners. That's a lot of people, and a lot of HN readers especially.

vel0city10mo ago

If you get an employer match on 401k/HSA, the employer pays full healthcare premium, employer sponsored life insurance benefits, unemployment insurance, employer covered disability, payroll taxes, and all the other software costs, it wouldn't even take $200k in salary to cost $20k/mo. Someone could be making like $150k and still cost the company that much.

lucyjojo10mo ago

gentle reminder that the majority of developers do not live in the united states.

median salary for a japanese dev is ~$60k. same range for europe (swiss at ~100k, italy at ~30k for the extremes). then you go down.

Russia ~$37,000 Brazil ~$31,500 Nigeria ~$6,000 Morocco ~$11,800 Indonesia ~$13,500 and india ~$30k usd

(asked chatgpt for these numbers down there, JP and EU numbers are mostly correct though as I have first hand experience).

Kurtz7910mo ago

According to Wilkipedia, general average wages in Italy in 2023 were 48K, and SWE jobs are usually above average.

It would be interesting to know from where Chatgpt sourced those figures as some of them look very sketchy.

1 more reply

vel0city10mo ago

Sure, but ~$150k isn't exactly FAANG US salaries for an experienced software dev. That's my point. Lots of people forget how much extra many employers pay for a salaried employee on top of just the take home salary. Labor is expensive in the US.

I imagine a lot of people saw $20k/mo and thought the salary clearly had to be $200k+.

j / k navigate · click thread line to collapse

0 comments

0x6c6f6c10mo ago

Lots of jobs where employers pay that much per head, not just FAANG. Honestly FAANG is probably spending double that for senior+ level engineers.

conradkay10mo ago

Average US salary for SWE is 10-12k/month. Fully-loaded cost (what they spend) is 1.5-2x salary so that's not an unrealistic number

pier25OP10mo ago

So you're arguing about the top 10-20% earners in the US?

Also the world is much bigger than the US.

vel0city10mo ago

The point is you don't have to have FAANG salaries to hit $20k/mo in cost to your employer.

Tons of software developer jobs in the US for non-FAANG tier or unicorn startup companies are >$100k and easily hit $120-150k.

Also the fourth quintile mean was like $120k in the US in 2022. So you'd be in the top 30% of earners making that kind of money, not the top 10%.

https://taxpolicycenter.org/statistics/household-income-quin...

1 more reply

drodgers10mo ago

Yes, this product mostly only targets the top 20% of US earners. That's a lot of people, and a lot of HN readers especially.

vel0city10mo ago

lucyjojo10mo ago

gentle reminder that the majority of developers do not live in the united states.

median salary for a japanese dev is ~$60k. same range for europe (swiss at ~100k, italy at ~30k for the extremes). then you go down.

Russia ~$37,000 Brazil ~$31,500 Nigeria ~$6,000 Morocco ~$11,800 Indonesia ~$13,500 and india ~$30k usd

(asked chatgpt for these numbers down there, JP and EU numbers are mostly correct though as I have first hand experience).

Kurtz7910mo ago

According to Wilkipedia, general average wages in Italy in 2023 were 48K, and SWE jobs are usually above average.

It would be interesting to know from where Chatgpt sourced those figures as some of them look very sketchy.

1 more reply

vel0city10mo ago

I imagine a lot of people saw $20k/mo and thought the salary clearly had to be $200k+.

j / k navigate · click thread line to collapse