Thread regarding Qualcomm Inc. layoffs

Most of the electronic engineers with 5 years experience or more are getting $200K BASE in Silicon Valley if hired now.

If you are good. That's for a recent hire. Wages rose last 2 years if you haven't been keeping up with the news.

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| 617 views | | 7 replies (last August 4, 2015) | Reply
Post ID: @OP+CNMCqwo

7 replies (most recent on top)

30% more pay isn't worth it for me to move to SV. It's a downgrade in lifestyle because of a higher mortgage and property tax, traffic, smaller house, no yard,...At some point the more you make the more the government takes and you get less.

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Post ID: @1hFj+CNMCqwo

No they don't. AAPL starts equivalent of "Staff engineer" at 140-150k base with shit bonuses but tons of stock.

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Post ID: @Gv2+CNMCqwo

There is nothing wrong with Mira Mesa. It's a good place, and relatively safe place, no environmental issues. The point is to get into a neighborhood like Mira Mesa in Silly Valley, It costs you about $1million. So that 20-30% pay bump people keep saying you'll get isn't going to pay you enough to keep your quality of living by moving up to Silly Valley.

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Post ID: @1jw+CNMCqwo

what wrong with Mira Mesa? It's not as ghetto as you think. You snobs

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Post ID: @mMv+CNMCqwo

Sunnyvale in Silly Valley equivalent to Mira Mesa in SD

http://www.zillow.com/homes/for_sale/Sunnyvale-CA-94087/house,condo,apartment_duplex,townhouse_type/19623596_zpid/97549_rid/37.387208,-121.954165,37.31939,-122.106944_rect/12_zm/

$1.4million for a 1600sqft home (or $988 per square foot) that was built in 1955!!!...HAHAHAHAHAHAHA

http://www.zillow.com/homedetails/1099-Susan-Way-Sunnyvale-CA-94087/19537501_zpid/

My favorite is if you want to live in nicer places with nicer public schools equivalent to North County Coastal...That would be closer to Cupertino...

http://www.zillow.com/homes/Cupertino-CA_rb/

HAHAHAHAHA.... If you thought you were bending over for home prices here in San Diego... You are getting gangbanged up in Silly Valley.

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Post ID: @b8p+CNMCqwo

Uh, no... not even close. 5 years experience. In bay area, around $150k-160k. 10 years, is closer to about $180-190k base. Bonus+ stock will push most 5 year folks to around $180k, and most 10years or more around $240k... The problem is that while your salary might be 20-30% higher, you're home prices are going to be about 30% higher, and that won't even put you in the same neighborhood. Here, people pay $350-400/sqft for the best hoods. There, you pay around $600/sqft for something in the equivilent of Mira Mesa. Not to mention, if you make over $200k as a single earner on a W2, you pay a heck of a lot more taxes (both fed and CA state) because you are considered a high net worth individual, so your tax rate is ridiculously much more. You really aren't "better" off, unless you strike it rich by being lucky with the stock options...

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Post ID: @5Gw+CNMCqwo

Plus bonus and stock put it up to $250K.

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Post ID: @T7p+CNMCqwo

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