Money

Does TC increase beyond 300k makes a difference?

Facebook / Engdnpm23
Jan 7

At 300k you already can afford a decent lifestyle, support a family and maybe bought a comfortable house. Bigger TC often comes with bigger responsibility and stress, but does it improve your lifestyle and happiness?

Half of the money goes to tax anyway.

comments

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  • Chase tjPE83
    300k and single? Ok. But definitely not enough if you have kids and your partner doesnt work
    Jan 712
    • Apple juxygsv
      They aren’t dropping $5k a month on housing and food.
      Jan 7
    • Blizzard others
      Why are you dropping 5k a month on all that?
      Jan 7
    • Chase / EngMom22Many
      Ok chase. I see you. I don't believe that you would be on here making that much. Let me know if your team is hiring. Lol
      Jan 7
    • Chase tjPE83
      Chase bro. Obviously i make much less than 300k. You know what it is
      Jan 7
    • Chase / EngMom22Many
      I know... but seriously, if that happens, you know you have friends here!
      Jan 7
    • Chase tjPE83
      To all the rest: everyone has their own living standards. For me in a HCOL city at least, i’d say with 500k I’d be quite comfortable
      Jan 7
    • Blizzard others
      Naw, don’t act like you a broke boy doe
      Jan 7
    • Chase tjPE83
      I make less than a goog/fb new grad with 6 years exp... so I definitely fee broke af man
      Jan 7
    • Blizzard others
      Don’t we all brah
      Jan 7
    • General Mills / DataBettyCoder
      Not everyone lives where a modest SFH is 1.5 mil. Jus sayin.
      Jan 7
  • Apple
    Castleking

    Apple

    PRE
    Google
    Castlekingmore
    Most people actually hate their jobs, so any additional TC makes them feel better
    Jan 71
    • Google Eleventy
      If everyone else is like me, feeling better only lasts until the next round of BS
      Jan 7
  • Salesforce h!gg12
    The premise is wrong because TC != wealth. You may be making $300k but still live modest life due to high expenses (mortgage, large family, illnesses, debt, etc). So yes, it makes a difference and every dollar counts.
    Jan 70
  • Netflix bread
    Ask my yacht 🛥
    Jan 73
    • Apple juxygsv
      I can’t hear your yacht over the noise from my helicopter.
      Jan 7
    • Google wuEm63
      Sorry it's just so hard to see your helicopter from the elevation of my private jet
      Jan 7
    • Microsoft moxbill
      You guys still living on planet Earth? Noobs
      Jan 7
  • This comment was deleted by original commenter.

    • Microsoft / Eng
      MP3

      MicrosoftEng

      BIO
      Troll living under the I-5 overpass
      MP3more
      What makes you so certain middle managers have a sadist fetish for single engineers?
      Jan 7
    • Shopify / Eng38d
      MP3 I laughed so hard 😂
      Jan 7
  • Apple Snut Ella
    When you are laid off at 44 that extra $100k you saved over the past 7 years will make a difference.
    Jan 71
  • IBM tAhj86h
    just makes me want more
    Jan 70
  • Google aznG
    It's never enough
    Jan 70
  • Microsoft lalalond
    No, it doesn’t. Send me the extra you earn after 300k.
    Jan 70
  • Dropbox pu5h33n
    I feel ya op. I’m no longer trying to get promoted quickly, it seems to just add more stress. I would honestly take a 20% pay cut to work 20% less hours. Free time and lower stress are more important to me than a yacht (though it would be nice to have both).
    I’m married to another tech worker so our taxes are astronomical, and I feel like that’s also reduced my incentive to increase TC.
    Jan 70
  • Facebook public2
    Yea, around 1m and you can afford a nice house and some toys.
    Jan 70
  • SoFi Tacozuma
    Yes. It makes a difference.
    Jan 70
  • HPE KEERTI
    I am single, living in the Bay Area making 300K TC and I can honestly say I live average. No yachts or rolls Royce’s in my garage.
    Jan 73
    • Micro Focus / Engbrotein
      How the fuck are you making 300k at HPE. Asking because I worked there before the MF spin-off merger and I just don’t know of any engineers making that much there.
      Jan 7
    • Intuit . 🤖
      Management?
      Jan 8
    • HPE KEERTI
      No longer with HPE, just haven’t updated my handle. But yes management
      Jan 8
  • Google 23&@1
    The answer depends on 1) your current networth 2) whether you are trying to get promoted in your current company or getting a better tc outside. If your networth is already high, your high investment returns will make the higher TC less significant. If you are trying to move within the same company then I feel it’s not worth it as you need to work harder (to be a better version of yourself) and also the stock accumulation and base increase is slower and will take another 4 years for you to be at the full higher level TC
    Jan 80
  • Forget increasing TC. Try to dexrese taxes....your biggest cost
    4d0
  • Microsoft / EngdKWp30
    Time to GTFO the West Coast
    Jan 70
  • Google eXNB63
    300k is super low
    Jan 70

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