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[–] 141 points 3 months ago (11 children)

god dam where they getting that

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  • [–] 101 points 3 months ago (4 children)
  • [–] 36 points 3 months ago (11 children)

    If do contract work that's not even that much

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  • [–] 20 points 3 months ago (2 children)

    True, then insurance and no time off or other benefits would suck.

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  • [–] 3 points 3 months ago (2 children)

    Contract work is rarely direct deposit, though?

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  • [–] 7 points 3 months ago (1 child)

    US banking is weird. How would it be paid instead?

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  • [–] 8 points 3 months ago* (3 children)

    I've never hired a software consultant, but most of the time when I hire a company or person to do contract work like roofing, gardening or similar they prefer to be paid by check. Sometimes they accept credit cards, but usually not when the bill is over a certain amount, due to the cut going to the card company.

    Furthermore, "Direct Deposit" is basically a special term used for people getting their wages or salary paid to their bank account, as opposed to receiving it by check or cash. Other types of bank-to-bank transfers have different names, like "wire transfer" or "ACH transfer".

    Americans love overcomplicating things in general, and particularly love using overly specific and technical names for stuff. There's acronyms everywhere, and things are named after weird technicalities. Like nobody says "retirement account", they call it "401(k)", named after the paragraph in the law which defines it.

    You find stuff like that everywhere if you look. Some of their coins don't even have a value printed on them, you just have to memorize how much they're worth.

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  • [–] 5 points 3 months ago

    In Europe (maybe also elsewhere outside the US?) nearly all transactions are simply direct bank transactions. Occasionally facilitated through some app, but usually it's just your own bank's app. Nobody has used checks for decades, and the only reason we're using credit cards is because the US keeps forcing them on us.

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  • [–] 6 points 3 months ago (3 children)

    Yeah that’s a very big monthly pay

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  • [–] 4 points 3 months ago* (last edited 3 months ago) (5 children)

    $150,000/yr (yes big, less than median for software engineers in the US) is $2k/week, $8k/month

    Edit: $2k/week after taxes because direct deposit is the context of this discussion

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  • [–] 3 points 3 months ago (5 children)

    8k/month is 96k/year. Just multiply by 12

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  • [–] 60 points 3 months ago (2 children)

    That's not that outrageous as a higher-level IC in a big tech company in a big city. But if you're that senior you're not questioning why you became an engineer.

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  • [–] 35 points 3 months ago (3 children)

    I mean, you definitely do. I know numerous people that dropped the field entirely (including me) even though the pay is ridiculous.

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  • [–] 16 points 3 months ago (2 children)
  • [–] 2 points 3 months ago

    Oh, you definitely wonder how long you can keep up with the corpo bullshit, but that wasn't the vibe I was getting from the first panel. That was giving me more of a "junior engineer who can't get something to work" vibe.

    I've traded half my pay for more fulfilling work and less corpo bullshit before, but I didn't quit engineering. I see some people dreaming about leaving it all behind and buying a farm, but what they all had in common was zero farming experience. The grass is always greener and all that.

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  • [–] 53 points 3 months ago* (last edited 3 months ago) (4 children)

    Eh, that looks like typical take home for a staff level engineer in a big city.

    Edit: Assuming they get paid every two weeks, that’s an annual take home of $161,122. Depending on state taxes, insurance coverage, 401k contributions, dependents, etc, that’s a base salary of $200-250k. Which, yeah, that’s what I budget for a staff salary.

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  • [–] 11 points 3 months ago

    $161,122

    Heck, I'd be pulling more than that if I were a self-employed consultant rather than under a consulting firm, in our small city in northern Scandinavia.

    Now I'm raking in a little below that, and I'm taking out like a third of it as actual salary and saving the rest, to avoid high taxes, and to to pay for a leased car, pension saving, extra insurance etc, before taxes. But after all that I'm probably saving $3k every month tax free, and maybe $1,5k in my bank account.

    Engineering life is pretty okay. Still can't afford a house yet though. Thanks boomers.

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  • [–] 11 points 3 months ago (1 child)

    If that's monthly pay, that's at or below average.

    If that's bi-weekly......fuck I need to up my engineering game.

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