Back to the Office for Tech Workers

[an]

[quote=flyer]We here are all very fortunate that our kids have, or will have, great careers and help from their families wrt their desired (desired being the key word, as most would probably not want to live in the less expensive alternate options) housing, but this article highlights the affordability issue facing many in America. As expected, San Diego is on one of the charts.

https://nypost.com/2022/03/17/61-of-renters-in-the-us-cant-afford-to-buy-a-home-in-their-city/%5B/quote%5D
I have the desire to get one of those lots over looking the Pacific in La Jolla Farms. Unfortunately, like most people, I have to settle for a place I can afford.

[Coronita]

[quote=an][quote=flyer]We here are all very fortunate that our kids have, or will have, great careers and help from their families wrt their desired (desired being the key word, as most would probably not want to live in the less expensive alternate options) housing, but this article highlights the affordability issue facing many in America. As expected, San Diego is on one of the charts.

https://nypost.com/2022/03/17/61-of-renters-in-the-us-cant-afford-to-buy-a-home-in-their-city/%5B/quote%5D
I have the desire to get one of those lots over looking the Pacific in La Jolla Farms. Unfortunately, like most people, I have to settle for a place I can afford.[/quote]

You can’t land your helicopter there, dude…

[Coronita]

[quote=an][quote=deadzone][quote=an][quote=deadzone]I don’t represent the younger generation who has no shot at ever owning a house in the present situation.[/quote]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

So you have to be software engineer, and be married to another software engineer, to afford a house? Okay got it. Sounds like the younger generation has nothing to worry about.[/quote]if you want to live in a million dollar house, of course! Not a house, a million dollar house. There are plenty of houses in this vast country that’s well less than a million dollar.[/quote]

Well of course not… You don’t have to be a software engineer couple to live in a million dollar house. You can also be a successful doctor, lawyer, dentist, realtor, or BYOB… You just need to be able to have a combined income of $200k or higher and have 20% down and sufficient cash reserve for the unexpected. Yes, that’s right. Lots of realtors make a shitload of money who can afford it… There’s this guy named Richard Stone in Carmel Valley. He is ridiculously successful in CV and his kids now work for him too.

And if you don’t, there’s lot of non-$1million condos and lots of non-$1million houses close to San Diego. Lots of beautiful houses in Riverside County, Temecula that aren’t (yet) $1million.

Still waiting on a reply to my question about the 401k/IRA/retirement accounts that you keep dodging….

[an]

[quote=Coronita][quote=an][quote=deadzone][quote=an][quote=deadzone]I don’t represent the younger generation who has no shot at ever owning a house in the present situation.[/quote]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

So you have to be software engineer, and be married to another software engineer, to afford a house? Okay got it. Sounds like the younger generation has nothing to worry about.[/quote]if you want to live in a million dollar house, of course! Not a house, a million dollar house. There are plenty of houses in this vast country that’s well less than a million dollar.[/quote]

Well of course not… You don’t have to be a software engineer couple to live in a million dollar house. You can also be a successful doctor, lawyer, dentist, realtor, or BYOB… You just need to be able to have a combined income of $200k or higher and have 20% down and sufficient cash reserve for the unexpected.

And if you don’t, there’s lot of non-$1million condos and lots of non-$1million houses close to San Diego. Lots of beautiful houses in Riverside County, Temecula that aren’t (yet) $1million.

Still waiting on a reply to my question about the 401k/IRA/retirement accounts that you keep dodging….[/quote]
You forgot nurses, various business owners, HVAC tech, plumbers, electricians, a few other trades, etc.

[sdrealtor]

[quote=flyer]We here are all very fortunate that our kids have, or will have, great careers and help from their families wrt their desired (desired being the key word, as most would probably not want to live in the less expensive alternate options) housing, but this article highlights the affordability issue facing many in America. As expected, San Diego is on one of the charts.

https://nypost.com/2022/03/17/61-of-renters-in-the-us-cant-afford-to-buy-a-home-in-their-city/%5B/quote%5D

Ehhh….there are lots of nice places. I have no idea if both my kids will want to stay here. It was my dream to live here not theirs. I know there are plenty of places they would be happy and maybe they will choose another one either while Im here or after Im gone. If they want to remain here that will always be an option though. I did my job

[sdrealtor]

[quote=an][quote=Coronita][quote=an][quote=deadzone][quote=an][quote=deadzone]I don’t represent the younger generation who has no shot at ever owning a house in the present situation.[/quote]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

So you have to be software engineer, and be married to another software engineer, to afford a house? Okay got it. Sounds like the younger generation has nothing to worry about.[/quote]if you want to live in a million dollar house, of course! Not a house, a million dollar house. There are plenty of houses in this vast country that’s well less than a million dollar.[/quote]

Well of course not… You don’t have to be a software engineer couple to live in a million dollar house. You can also be a successful doctor, lawyer, dentist, realtor, or BYOB… You just need to be able to have a combined income of $200k or higher and have 20% down and sufficient cash reserve for the unexpected.

And if you don’t, there’s lot of non-$1million condos and lots of non-$1million houses close to San Diego. Lots of beautiful houses in Riverside County, Temecula that aren’t (yet) $1million.

Still waiting on a reply to my question about the 401k/IRA/retirement accounts that you keep dodging….[/quote]
You forgot nurses, various business owners, HVAC tech, plumbers, electricians, a few other trades, etc.[/quote]

Lets us not forget the multi talented and UCSD Grad Evelyn Lin

[Coronita]

[quote=an][quote=Coronita][quote=an][quote=deadzone][quote=an][quote=deadzone]I don’t represent the younger generation who has no shot at ever owning a house in the present situation.[/quote]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

So you have to be software engineer, and be married to another software engineer, to afford a house? Okay got it. Sounds like the younger generation has nothing to worry about.[/quote]if you want to live in a million dollar house, of course! Not a house, a million dollar house. There are plenty of houses in this vast country that’s well less than a million dollar.[/quote]

Well of course not… You don’t have to be a software engineer couple to live in a million dollar house. You can also be a successful doctor, lawyer, dentist, realtor, or BYOB… You just need to be able to have a combined income of $200k or higher and have 20% down and sufficient cash reserve for the unexpected.

And if you don’t, there’s lot of non-$1million condos and lots of non-$1million houses close to San Diego. Lots of beautiful houses in Riverside County, Temecula that aren’t (yet) $1million.

Still waiting on a reply to my question about the 401k/IRA/retirement accounts that you keep dodging….[/quote]
You forgot nurses, various business owners, HVAC tech, plumbers, electricians, a few other trades, etc.[/quote]

Yes, how could i forget. Nurses make a shitload of money these days. I did say BYOB. I forget about the HVAC plumbers, electricians that rake most people over the coals with the labor rates they charge…..

[flyer]

[quote=sdrealtor][quote=flyer]We here are all very fortunate that our kids have, or will have, great careers and help from their families wrt their desired (desired being the key word, as most would probably not want to live in the less expensive alternate options) housing, but this article highlights the affordability issue facing many in America. As expected, San Diego is on one of the charts.

https://nypost.com/2022/03/17/61-of-renters-in-the-us-cant-afford-to-buy-a-home-in-their-city/%5B/quote%5D

Ehhh….there are lots of nice places. I have no idea if both my kids will want to stay here. It was my dream to live here not theirs. I know there are plenty of places they would be happy and maybe they will choose another one either while Im here or after Im gone. If they want to remain here that will always be an option though. I did my job[/quote]

Oh yeah agree. Just nice to know they have any choice they may desire.

[an]

[quote=flyer][quote=sdrealtor][quote=flyer]We here are all very fortunate that our kids have, or will have, great careers and help from their families wrt their desired (desired being the key word, as most would probably not want to live in the less expensive alternate options) housing, but this article highlights the affordability issue facing many in America. As expected, San Diego is on one of the charts.

https://nypost.com/2022/03/17/61-of-renters-in-the-us-cant-afford-to-buy-a-home-in-their-city/%5B/quote%5D

Ehhh….there are lots of nice places. I have no idea if both my kids will want to stay here. It was my dream to live here not theirs. I know there are plenty of places they would be happy and maybe they will choose another one either while Im here or after Im gone. If they want to remain here that will always be an option though. I did my job[/quote]

Oh yeah agree. Just nice to know they have any choice they may desire.[/quote]This reminds me of this clip https://youtu.be/Odx8JvcyIcY

[flyer]

Hilarious.

[svelte]

[quote=an]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

2022 San Diego SW Eng Salary Range
$93,714 Less than 1 year experience
$96,282 1 to 2 years experience
unavail 3 to 5 years experience
$110,127 6 to 9 years experience
$126,168 More than 10 years experience

from indeed.com

[img_assist|nid=27666|title=2022 San Diego Software Engineer Salary Range|desc=|link=node|align=center|width=466|height=319]

[Coronita]

[quote=svelte][quote=an]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]

2022 San Diego SW Eng Salary Range
$93,714 Less than 1 year experience
$96,282 1 to 2 years experience
unavail 3 to 5 years experience
$110,127 6 to 9 years experience
$126,168 More than 10 years experience

from indeed.com

[img_assist|nid=27666|title=2022 San Diego Software Engineer Salary Range|desc=|link=node|align=center|width=466|height=319][/quote]

So here’s the issue with this survey

Directly from the State of CA employment website

https://www.dir.ca.gov/oprl/ComputerSoftware.htm

“In accordance with Labor Code Section 515.5(a)(4), the department has adjusted the computer software employee’s minimum hourly rate of pay exemption from $47.48 to $50.00, the minimum monthly salary exemption from $8,242.32 to $8,679.16, and the minimum annual salary exemption from $98,907.70 to $104,149.81 effective January 1, 2022, reflecting the 5.3% increase in the California Consumer Price Index for Urban Wage Earners and Clerical Workers.”

So this survey suggests there’s a lot of employer violating CA employment laws if they are exempt salaried employees or they could be violating overtime rules for software engineers that are paid hourly, unless they hired software engineers that work less than 40 hours/week…How many companies hire software engineers on an hourly basis and let them work less than 40 hours/week, based on experiences of running software projects?

I can definitely say even for Florida software engineer wages, these averages would be low. Because our wages are not even this low based out in Florida. They are about $20k higher at each band, excluding cash bonus was about 10% this year for non-managers, and a 5% 401k match on top of that. And that’s pretty shitty relative to some of the other employers hiring out here. Which is why we keep losing people 🙂

[Coronita]

Svelte, so I’m not sure why there’s a difference, but when I went to Indeed, this is what I got…. [img_assist|nid=27669|title=swsd|desc=|link=node|align=left|width=1259|height=794]

Less that 1 year : $122k
1-2 years: $125.7k
3-5 years: —
6-9 years: 143.8k
10+ years: 164.8

Indeed also indicates a $600k cash bonus.
That’s puts the 1-2 years around $131.7k.

[svelte]

[quote=Coronita]Svelte, so I’m not sure why there’s a difference, but when I went to Indeed, this is what I got….

Less that 1 year : $122k
1-2 years: $125.7k
3-5 years: —
6-9 years: 143.8k
10+ years: 164.8

Indeed also indicates a $600k cash bonus.
That’s puts the 1-2 years around $131.7k.[/quote]

That is strange! I went again and got my same numbers.

Not sure how to explain that.

My kids friends are graduating and I know a few local companies are paying recent UC and CSU CSCI grads under $100K, sometimes closer to $90K. There are probably some hiring at more than that too but I’m not sure who those are.

Really hard to get to ground truth.

[Coronita]

[quote=svelte][quote=Coronita]Svelte, so I’m not sure why there’s a difference, but when I went to Indeed, this is what I got….

Less that 1 year : $122k
1-2 years: $125.7k
3-5 years: —
6-9 years: 143.8k
10+ years: 164.8

Indeed also indicates a $600k cash bonus.
That’s puts the 1-2 years around $131.7k.[/quote]

That is strange! I went again and got my same numbers.

Not sure how to explain that.

My kids friends are graduating and I know a few local companies are paying recent UC and CSU CSCI grads under $100K, sometimes closer to $90K. There are probably some hiring at more than that too but I’m not sure who those are.

Really hard to get to ground truth.[/quote]

Yeah, these survey’s are all over the map. I have my suspicions they tend to trend on the lower side because they probably are filled out by people who are looking for a job and reflect what they are previously making. Once someone finds a new job, it’s sort of less motivation to take the time to fill out surveys. It’s no different than app reviews. People fill out app reviews when they are pissed more so than they are happy.

One thing is certain though, there is a minimum wage law for CA software engineers exempt employees. Someone can’t be classified as exempt if their annual salary is less than $104k. And if they are not exempt, they are subject to overtime pay over 40 hours, and there’s a minimum hourly wage for non-exempt software engineers.

For software engineers in CA, it’s just not practical to hire them as non-exempt… So I suspect a lot of employers here in SD are probably oblivious to the CA minimum wage laws increases that went into effect Jan of this year.

If they are paying less than $104k for an exempt employee, the employer is technically breaking the law and can be severely fined….

But many people, even software engineers aren’t even aware of this minimum wage law.

I had one employee that was slightly below, so we are fixing it now and retroactively reapplying it back to be the beginning of the year.

It’s one of the many reasons why I think software engineers are compensated better than other engineering disciplines, at least in CA. You can thank the gaming industry for this.

Oops, and I meant $6k cash bonus. Not $600k cash bonus. That would have been nice, lol…

[Author]

Posts