Netflix engineers what do you do with such a huge base comp?
Getting all the comp equally distributed throughout the year is luxury. I can’t imagine how luxurious would it be to live on high base comp of 500k? Monthly paycheck before tax is ~41k After taxes probably around 25k Do you realize that your base comp is more than SVP at every other companies? In fact, even Google’s SVP might not have a base comp of 500k. Probably max around 350-375k base for SVP at Google. High base comp just makes things so easier be it mortgage, EMIs on expensive cars like Ferrari, fine dining in five star restaurants, blowing up on high end h33kers or sugar baby. One can still have disposable income after all those fun! #netflix
I would prefer a Google SVP comp than my cash base comp.
That’s just human greed which will never be satisfied. In fact, bezos might want more billions. But think again, do you actually need more because you’re already living way beyond a comfortable life?
I really don’t understand mailchimp. What’s the big difference between getting 400k split monthly vs getting some of it in big lumps? You still have to save and invest most of it.
Grass is always greener on the other side
If by green you mean money than yea it is actually greener.
Index funds mainly. Have a paid off house at 36. We live a pretty modest life. Could retire early I guess, but I like work too much to do that anytime soon. TC 535
Standard of living has a nasty way of catching up with you. The real superpower is living well within your means like zvDh66 mentions. I was making $400k+ with a mortgage of $3k for about 4 years. You pay off the cars, set aside the 529 money, jack up the 401k and MBDR, do remodeling so you want to stay in the house to enjoy the low interest rate.
I went from Google to Netflix and doubled my TC. I bought a cute little condo in LA (early 30s single buyer), live my life without second-guessing nice purchases, and most importantly I put almost 10k a month into ETFs. It’s really nice.
Where else pays base above 250 for senior?
Unless they’re going full yolo, no real difference right? You invest more every month instead of investing when your stock vests.
Most of it gets stolen because they're in California
E-Mooooooosionallll Daaaaaaa Mej
Most teams are remote friendly :) Hello from an income tax-free state!