For the workload, that total comp is pretty high honestly. SpaceX pays their software engineers less than others and the hours are long long long(65-80/week).
@arjw68, it’s probably $115k base, so take into account CA taxes that’s ~70k take home.
2.5k/month for rent/utilities, that’s 30k a year gone, so $40k, car payments - $325/month that’s another 4K. Down to 36. Food is ~$350/month so we’re down to about $30k take home.
Likely student loans, at ~$400/month. Another $5k down. So $25k take home at this point.
Add in clothes, entertainment, medical, gas, travel and it dwindles fast.
200-250 in LA is not a lot for a high senior engineer. It's high for other professions but not a L64 engineer. It's just a fact. When you can get 350-400+ elsewhere, it's low. Especially since SpaceX is known to work you VERY VERY hard.
Also, his rent estimates are conservative. If you want something luxury, it'll be 3k+. The tax estimate was also generous. You'll lose almost half of your pay to tax.
Larger point I was making, we (everyone here) are the absolute worst complaining $250k is "very very very low". That is a ridiculous sum of money to 99.99% of the world.
You won't find anything in Playa/MDR that was built in the last 30y for under 2500 anymore (maybe a studio but I doubt it). Luxury being rock counters, wood floors and stuff, new (last 10y), no homeless all over the place, no section 8. That'll run you 3k in Playa/MDR nowadays.
Comp isnt the biggest factor. working for a small company right now, working crazy hours on crap projects for 150k base and profit sharing (but dont trust them to pay out honnestly).
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@arjw68, it’s probably $115k base, so take into account CA taxes that’s ~70k take home.
2.5k/month for rent/utilities, that’s 30k a year gone, so $40k, car payments - $325/month that’s another 4K. Down to 36. Food is ~$350/month so we’re down to about $30k take home.
Likely student loans, at ~$400/month. Another $5k down. So $25k take home at this point.
Add in clothes, entertainment, medical, gas, travel and it dwindles fast.
Also, his rent estimates are conservative. If you want something luxury, it'll be 3k+. The tax estimate was also generous. You'll lose almost half of your pay to tax.