• CookieOfFortune@lemmy.world
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    6 hours ago

    And I was addressing this:

    Hope you’re willing to relocate to SF and still spend 50+% of your income on housing you will never own.

    If you get a good offer from big tech to move to a high CoL area, it can be worth it because the offers are that good. You will be able to pay off a home within a decade. Even if you start at entry level you will be expected to be promoted within a couple of years. For most hirees this will already make them senior. It’s expected that everyone can eventually make it to senior.

    I wasn’t suggesting someone randomly move to SF without an excellent employment opportunity.

    As for startup equity, one could argue it shouldn’t be considered part of total comp since most startups do not exit successfully and even fewer exit in a way where the payout will be comparable to a big tech salary.