Long shot: currently I’m in Singapore with TC of 400kSGD (~290kUSD), if I am moving to Bay what TC should I be targeting? Thanks! Singapore has tax rates of 10-20%, progressive tax depending on income bucket. (Effectively, I should be getting roughly flat 15+% of income tax)
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Pay is a function of location, role, experience and negotiation in addition to the company. What do you do? (SWE? Assistant to minister enforcing ban on chewing gum?). The latter pays 0 in the US. How many YoE? Which company are you targeting? FAANG? Startup?
Business dev / strategy ops. 10 (Lol on chewing gum)
Slightly more in top tier companies than your current pay. But cost of living will eat up a lot of it. (Yes even from Singapore). However check other factors: choice of companies, place to bring up a family, exposure to work culture etc etc
What YoE?
10
Maybe could get 400k usd but honestly Singapore might be better with cheap government housing and low tax rate
Yeah indeed. If you are Singaporean/PR, buying a house (government housing) is generally quite cheap. Many friends bought houses 2-3 years out of uni. And their combined HHI could maybe be just 100-150k SGD
I say , stay in SG. You will regret badly in couple years. If you want to try, keep the SG backup. So if you don't like you can go back. I can assure you will go back
Haha got it. Thanks so much for sharing! 😄
Never ever make that move, you will regret for life!!!! 400K SGD in SG is equivalent to 3M in Bay area for same quality of living. I would not make the move unless the TC is at least 3M.
Haha wow. Have you seen people done that? 😅
My colleagues in Singapore making around 280-320k and they live like a king with maid and frequent travel oversea, extremely luxury life. I made 380k here and it is like crap! Bay area is very expensive and terrible place for dating and social life.
How much a lead sde would 8-9 yoe would get in Singapore ?
SWE Talent in Singapore is still relatively young and might change in a few years time (trend of salary going up for tech talents). I would say 300-400k range (Singapore dollar) for the profile u mentioned above, for now.
Thanks, 400k sounds awesome specially with low taxes.
Many would want to move to Singapore and not the other way round. Don’t do it OP. Why do you want to downgrade your quality of living?
Haha just exploring, haven’t decided exactly to move yet. Bay Area seems to be heaven for tech / FAANG. As an outsider (myself), it’s like a fantasy place that I must check out 😅
Honestly, Why would someone even do this?
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Stay in SG. You will regret coming to Bay.
Thanks for the comment. Can you share some reasons why so? I know COL there is definitely high with high tax
Quality of Life in SG is much better. Bay Area stinks