$210k base with no bonus option for south SFO, is it good enough for a family with one kid?

likehelpful
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Are you a single income household? $235K is not a lot for a household of 3. A two-bedroom apartment is around $4-5K a month alone.

Also, $235K is what most people earn 5-7 years out of undergrad here so consider if you’re truly being paid enough.

helpful

A2 - it's the coders at FAANG that get thrown a ridiculous total comp generally low on base

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If your SO also has a job then should be fine. When I moved to the bay area , my SO and I combined for around $325k and we lived a very comfortable life.

likehelpful

Thanks. The challenge is my SO will move after 6 months...

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I don’t know how you guys are going to make it

likefunny

Is this consulting? If so feels low for SM

Seems low for an SM. Equity? Or is this a consulting firm?

F1, I negotiated & the max would be $210...

Good enough to live, yes. But you should probably ask for more. South SFO is one of the worst areas to live in bay fwiw.

I heard the other way, with Apple, google, FB & other big shots in the south SFO, it’s considered a better place.!!

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You’ll be living in squalor on the streets

Fake news

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Why no bonus? Is your base going to increase year over year?

Did company give you an idea or range of how much yoy increase will be? Maybe it is higher than other industries and can make up for lack of bonus...good luck to you!

Getting robbed my friend.

How/why?

As a pregnant woman living in the Bay Area making 240, I can tell you that your budget will be super tight. If you are okay with a small apartment then go for it

Wondering how technology persons with $100k comp survive in the Bay Area?

Also, might be helpful to get a sense of career trajectory at the company and respective salary increase yoy. If your child is young, it might be ok between you and your SO combined income but if you’re saving up for college in a few years, much tougher...

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