Offer @ 135k in SF

Terminus / IT HankBank
Sep 3, 2019 678 Comments

Got an offer for IT Manager for 135k in SF.
Really wanna take it but everyone keeps telling me this is way too low for a person with a wife and kid.

Any insight on this? Really wanna take the offer, but don't wanna struggle.


Gave back some of the stocks got it bumped up to 176k base, 9k relocation, 5k signing bonus & 30k shares over 4 yrs

Thanks for the help everyone!!!


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TOP 678 Comments
  • Terminus / IT HankBank
    Im making 93k now so thats a big drop
    Sep 3, 2019 15
    • Facebook / Eng bushdid119
      Oh god I HATE people who refer to SF as SFO
      Sep 3, 2019
    • Indeed iessess
      Oh god I hate people who refer to San Francisco as SF. Drives me crazy. SFO is slightly better. SnFrnCo would make even more sense.
      Sep 4, 2019
  • NVIDIA bayhomeles
    Get ready to be homeless.

    Find a good soup kitchen start-up and Starbucks nearby since they will never kick you out now.

    Also check Grindrr for "Dirty Mike and the Boys", good group to be in for fight night Fridays.
    Sep 3, 2019 10
    • BYTON bytCN
      You will end up working a second job if you take that offer
      Sep 3, 2019
    • HCL EnPh25
      Even my current employer pay me near 135K that too in Texas with low cost of living and no state income tax.
      Sep 3, 2019
  • Terminus / IT HankBank
    OP isnt my motivation....getting out of the racist redneck infested south is my my child an opportunity to see more from his bedroom window than fuckin fields of cotton and confeferate flags is my motivation...

    I'm not "lucky" to be making more than 80% of the country...I worked hard for every opportunity..and I'll continue to do so.

    Im the 1st in my family to graduate college and the 1st to get a masters sorry but your generalization doesn't apply to me.
    Sep 3, 2019 14
    • MassMutual / Eng

      MassMutual Eng

      Lead Software Engineer
      You are lucky. You worked hard. So did others. Not every person who works as hard as we do ... is in an industry that is absolutely on fire.

      And, we live in the United States of America....

      So, do not blow off the fact that you are very lucky. You make more than physicians in some parts of the world.

      Discounting that fact is both arrogant and ignorant.

      ( before you go blowing me off as some privileged whatever- I'd face more hate than you down in Podunk... )
      Sep 4, 2019
    • Black guy here...There are more places to work besides the bay. Kansas City, Austin, Seattle immediately come to mind. If you don’t wanna raise your kids in the Deep South.

      Also, racists are everywhere man. If you’re looking for some raceless utopia, it doesn’t exist. I’ll admit some places are better than other though. But you should ALWAYS run the numbers man. This offer is a bad one.

      Keep grinding and sooner or later someone will offer you something decent.
      Sep 4, 2019
  • Zuora VzLf26
    You people talk about SF as if it’s worth moving there to be at some center of tech. It’s a shit city and not worth all.
    Sep 3, 2019 8
    • Nutanix pityus
      @Zuora Could you explain why you think so? Is Seattle better than SF to save more money?
      Sep 3, 2019
    • New Gned33
      Agreed. I don’t understand how SF came to be seen as the core of tech. The core is Santa Clara Valley aka Silicon Valley. Tech outside the Valley is 2nd tier at worse.

      Look where FAANG is: the Valley.
      Sep 4, 2019
  • Juniper democracy
    Single at 135 will just keep you off the streets. However kids make all the difference in BA if you want good education. Homes with good public schools, private school, and preschool will cost $$. I have 3 kids in preschool at $3k a pop. We bought in home with good public school but mortgage and tax is 20k per month. Public schools also insist on donations of about $2k per child. Parcel taxes are also higher in hoods with better schools. We have low 7 fig family TC but after crazy CA taxes, kids, and housing there’s not much left over. Since blinders will ask my personal TC is a pathetic 240
    Sep 3, 2019 18
    • Juniper democracy
      Your ROI point is valid and there’s good arguments for not going to college at all. I realize this is blind but making sweeping assumptions about someone you don’t know based a single label doesn’t work in the real world. I’ve turned down FANG offers with much larger TC because working much longer hours doesn’t move the needle in terms of my household TC. At the higher income levels the marginal tax rate for W2 income (the worst type) is very large. I could just as easily change my investment mix for more risk to capture more cash flow instead of chasing labor hours. Conversely I could just not work a regular job at all but I enjoy my current situation for now.
      Sep 5, 2019
    • Juniper democracy
      By cash I mean cash equivalent. Some are bonds purchased at different times, others are leveraged, few are lower grade. I stick with direct issue CA bonds because at the higher marginal tax rates they take about 50 cents on the dollar. 5 percent tax exempt is closer to 10 pretax. I hold direct issue bonds to maturity to remove duration risk but accept default risk but mitigated at portfolio level. You can do something similar with leveraged CEFs but will have interest rate and duration risk.
      Sep 5, 2019
  • New / Eng

    New Eng

    Google, Microsoft, Cisco
    Entrepreneur. Jack of all trades. Master of some. Investor. Architect for Systems and Businesses. Blockchain is the future. Crypto Advocate.
    I'm sorry but you're debating if $135k as an IT manager might be too low? Wow. Thanks for reminding me to refuse money from bay area investors since most require you to have a local bay area office.

    Local office = staff that post online wondering if they can extract more for something LITERALLY tens of thousands can do for 1/5th less.

    Sorry, but these are my feelings. I think you should feel very fortunate that in the coming years there will be another recession and you're making 10x more than 80% of the country. You could also go live in Oakland where it's half the price. It's not how much you make that counts, it's how much you save. If money is what drives you then you'll be one of the first to go from a company as you may turn out to be dead weight when it comes to downsizing in a bad economy.
    Sep 3, 2019 7
    • Intuit Heyyyyyy
      Eglobal, your comment shows how ignorant you are. It’s like rich politicians who barely work want to limit minimum wage and paid leave. $135K is barely enough for 1 person to live in the Bay Area, talk about a family with 2 kids. Unless you live in the Bay Area, has 2 kids and be able to survive with $135K, you have no right to tell people what to do.
      Sep 6, 2019
    • Facebook / Eng

      Facebook Eng

      eglobal why do you need to run a company to employ people? You are just too greedy. You should be paying people without expecting anything in return
      Sep 8, 2019
  • Amazon / Other Firstbk
    This is good. Never compare, Microsoft CEO Satya making 70M, should we compare with him? Stop listening to these BS comments, i survived with wife(not working) and my son when i was making 90k in bayarea. Now i am making 250k in Austin, still feel i am getting low due to expenses. What most important is opportunity and if you spend too much even a million will not be sufficient.
    Sep 3, 2019 14
    • Amazon / Other Firstbk
      I know multiple folks who surviving with 90k in bayarea with 2 kids, please see statistics. This is at present, not during year 1976 :)
      Sep 3, 2019
    • Amazon Erotochub
      Sure he can live in SJ, which is cheaper but dependent on where he lives. Last I checked Twitter doesn’t have shuttle between South Bay and SF. The commute itself is gonna hit you hard specially you are in IT which probably would not allow WFH. It’s like 2 hours a day on the road.
      Sep 3, 2019
  • Uber hMkK70
    Don’t take it. We have enough transplants here anyway. Plus you’ll struggle at that wage. You’ll have to live far enough to afford a spot big enough for your family. Plus that commute will kill you. $136k for an IT Mgr. is lowball. Don’t take it.
    Sep 3, 2019 9
    • First Republic / Eng PineSt
      Totally disagree with the “this city sucks” theme here. It just doesn’t. But! It IS stupid expensive, and your offer IS insultingly low.

      keep looking—better yet, get a couple of offers and cause them to outbid each other.
      Sep 3, 2019
    • Deloitte / Consultant tai4,
      love living in sf but its failing to modernize. Look at the tenderloin juxtaposed to fidi. asinine height restriction on buildings. crazy high taxes yet insane crime and homelessness and human feces everywhere. The “economic elite” have 5 roommates in the mission. its more a cyber punk dystopia than a functioning city. but weather and location keeps me here ¯\_(ツ)_/¯
      Sep 3, 2019
  • Oracle PkwR75
    Are you currently in San Fran now? Does the wife work full-time?
    Sep 3, 2019 3
    • Oracle PkwR75
      If commuting 1+hrs one way is something you can afford to do, but even then you will likely still find it very hard
      Sep 3, 2019
    • Facebook pVfT53
      Strong agree with this. I’m a single parent with a toddler and while that is a lot for a solo person with no dependents, it adds up *quickly* with a fam, not to mention compounding stress of working just to cover all basic needs.
      Sep 3, 2019
  • Concur / Eng Dr. Monkey
    Everyone posting here is spoiled by a decent standard of living. $135k in SF is MORE than enough if you don't mind living in a homeless encampment.
    Sep 3, 2019 5
    • Duck Creek wMPu12
      Sep 3, 2019
    • You had me in the first half
      Sep 3, 2019


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