Just adding on: they used to have pensions up until 10 years ago when Boeing pulled them
Just adding on: they used to have pensions up until 10 years ago when Boeing pulled them
According to levels.fyi, Microsoft grants about 50-100k (25 percent of their pay?) in stock for their senior engineers each year. Amazon is closer to 200k (which makes up about 50 percent of their pay)
I guess you’re right in that it won’t really affect them, assuming the tax event occurs when the rsu gets vested and not at the sale.
It’d be more likely to affect folks who are in a pre-ipo company, gain a bunch of stock, and then sell it post-ipo. I know several folks at AirBnB who this would have impacted and several at stripe who this probably will impact.
That’s some drawbridge level thinking right there. Are you not also part of the problem? Because they arrived after you… they’re the problem? People moved there for jobs, same as anyone else who moved there. (For what it’s worth I don’t live in Seattle)
It’s the bigger ones that tend to pay in stock. The googles, facebooks, Microsoft, and startups.
I’ve also been in software development for 20 years at various places in the country and I know a bunch of folks who get paid in stock.
I would argue that this law does tend to unfairly target the tech sector which often pays their people in stock. This is compared to other professions who may make an equivalent or higher salary but will not be subject to the 7 percent tax.
That doesn’t seem quite fair. If we’re going to do this, we should have a 7 percent tax across the board for anything over 250k (or whatever) instead of strictly targeting a particular sector
Playing the windows version on Linux doesn’t really support Microsoft. It’s not like on the consoles where they get a cut of the sales. Even playing directly on windows isn’t that terrible. I don’t remember the last time I purchased a copy of windows. I’ve been using the same key for like 15 years now
I felt the ending was a let down that didn’t really make any sense… it also is a cliffhanger and I’m not sure this season did well enough to warrant a second season… and they commit the taboo of killing pets for shock value…
On the bright side, some actors really do shine and the plot is engaging. Took me an episode to get over some of the overacting and cheesy soundtrack. I’d give it a 6/10
Just bottled soda for me!
Jesus I hope they win
For what it’s worth, there’s a big difference between a 2 year front end engineer and someone who has been doing it awhile. I’ve worked with both and the product from higher end folks is usually much better. Whether companies know that or not, I’m not so sure. On the downside, the front end stack seems to change every 2 years so it can be difficult to keep up. I’m more of a backend person that writes front end when it meets a need.
Wish I had some advice for him. Best I could say is to jump into some open source work (or pet projects) and make sure he understands whatever framework companies are looking for. It’ll help keep his mental health up, build his skills, and look good on a resume. Pretty sure React is still the main framework. Whenever I’ve interviewed folks I always looked kindly on anyone who could talk passionately about any project that they’ve worked on. He should have someone go over his resume as well to ensure it has the right keywords or at least no red flags (And maybe tailor it a bit to ensure it references what that specific job is looking for) HR is notorious for filtering out resumes for otherwise qualified candidates. Finally, he shouldn’t filter himself out from any jobs. Even if he looks unqualified he should make his resume look as qualified as he can and take a shot. Maybe also reach out to some headhunters. They take a cut of your pay, but it can be helpful to get in the door.
I assume he’s probably doing all of that, but figured I’d type it out just in case.
I’ve been in software engineering for far too long at this point and it’s always been a relatively easy jump from one job to the next. Luckily, I’ve dodged the recent layoffs, so I’m pretty shocked to hear that there is a lot of difficulty in the market now.
Although… some days… a job at Walmart doesn’t seem like too bad of an idea.
Out of curiousity what role does he have? I was under the impression software engineering, despite the layoffs, was still a pretty liquid market.
9 months is a long time. That’s rough. Hope he’s keeping his mental health up.
Company currently uses IPv6! For awhile firewall rules kept biting us as we’d realize something worked in ipv4 but not IPv6 but now I forget it’s even a thing really.
I once paid for a vpc host that was exclusively IPv6 and was shocked how many things broke. I was using it for a discord bot and the discord api didn’t even properly support IPv6 …
Yeah I remember getting calls for my student loans asking me to consolidate my federally backed loans and claiming I was going to save a bunch of money. In reality they were lowering my monthly payment but at a higher rate and with a longer term, which would have caused me to spend a significant amount more in the long term . Bunch of scams that should have never been legal. Looking at the source, it looks like consolidated loans for folks who owe more than when they started are covered as part of the forgiveness. Hopefully that goes through someday.
The federally backed ones I remember having good to reasonable interest rates (looking at historicals they were pretty low most years) and being much lower than I could get anywhere else.
I’d love to see higher education being affordable for everyone. (If not free)
Isn’t that how all loans work though? It’s just that the lenders insist I pay enough to cover the interest and some principal, otherwise I’ll never pay it off. If I made a payment for a car loan and it wasn’t enough to cover the interest, my principal would never go down (in fact it’d go up if I didn’t cover the interest). I can actually get an interest only home loan (or at least you used to be able to) but I think those are insane. The difference with car and house loans is if you miss enough payments they’ll come take whatever collateral you have. School loans are a bit different in that there’s no collateral for them to collect
I’m not arguing that the situation isn’t fucked. It is. School is way too expensive for the value you get. People who haven’t been paying these loans for the last decade also probably owe way more than they originally took out and you can’t default on them… but the fact that they’re earning interest isn’t any different than any other loan.
The interest all together doesn’t stop accruing but I think the parent commenter was trying to say that the interest will no longer accrue for the portion you’ve paid off. (The same as any other loan) So, if you continue to make your payments, you’re not getting extra screwed because of these shenanigans. No more than you’ve already been screwed at least.
Or is there something unique about this that is preventing people from making payments?
You’re living in luxury, my fellow lemming.
Is this normally hooked up to the hot water line or am I looking at a refreshing cold experience?
Never had that, but I find this to be an acceptable compromise!
It’s not technically retro but I’ve found Pico-8 a great way to build retro like games! It’s pretends to be a console of a bygone era and gives a bunch of restrictions on size of game and 128x128 resolution.
The app comes with a pixel editor, sfx and music editor, and a code editor built in. The games are easy to share and you can play them on a mobile browser. On the downside, it costs 15 dollars for the app.