Otherwise, your student debt interest rate is pretty low, I wouldn’t worry too much about paying it off quickly, unless you’re worried more about being debt free or your job doesn’t seem super stable. It was very insightful to see the job moves every couple of years and how that just kept compounding with you promotions. Hi all - I'm a recent MBA Graduates and need advice on where I need to be putting money for the long-term. Lowers you payment. The more aggressive, the better. Does it apply for TAC?? By age 50, it’s recommended to have roughly five years worth of salary put away. On a national level, workers at reddit earn an average salary of $110,866 per year, or $53.0 an hour. Stopping 401k for 1 year will not devastate your future at all, After debt is paid, start 401k and save 3-6mo living expenses in cash as your emergency fund. If you make $135,000 per year, your hourly salary would be $69.23.This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in … What would you suggest for vehicle purchase then? Education: CUNY New York City College of Technology B.Tech 2018, Prior Experience: Various Summer Internships mainly in webdev, Education: Double major in CS and philosophy at a ~rank 50 small liberal arts college that isn’t known for its CS program, Internship at in Columbus Ohio. Thank you for any ideas! Even still - I'm pretty sure only like 20-30% at HBS are breaking the 200k threshold. While doing that, build up your emergency fund (at least 6 months of living expenses). My salary is now $140K plus a significant stock bonus that vests in the next two years. Am I missing something here with a $22K/year into 401K? It is possible that investments make you more than you pay on debt. I used to work for smallish companies <1,000 employees, and always saw 100k as a high salary. The format here is slightly unusual, so please make sure to post under the appropriate top-level thread, which are: US [High/Medium/Low] CoL, Western Europe, Eastern Europe, Latin America, ANZC, Asia, or Other. "Adtech company" or "Finance startup"), or add fields if you feel something is particularly relevant. Let's look at how to calculate the payroll deductions in the US. There are also other incentive bonuses along the way. Reddit Salaries trends. That just doesn’t make sense to keep that around. Start thinking about real estate. Hi-- another Redditor here. Best Jobs in America 2021 NEW! Reddit Salaries by Location. The median compensation package totals $190k. Max out your HSA and 401k. I'd also like to have home down payment and start planning for kids to some extent. View Data as Table. I'm also still waiting (update - got the job! Use your 15k cash towards down payment of a house. The average additional cash compensation for a QA Analyst in New York is $4,300. Stock and/or recurring bonuses: ~0.1% of the company in stock options with a 4 year vesting schedule and 1 year cliff (last valuation was ~220M, so about 220k in stock comp at current valuation) Total comp: 150k (205k w/ stock, which is paper money so really just 150) However, salaries for anesthesiologists can top $400,000, according to a compensation survey by the Medical Group Management Association. I'm on track to put 2.5k over the limit which I believe automatically is rolled over to an IRA at my company. By age 40, three years worth of salary saved in your 401k is a good place to sit, so someone who makes $70,000 a year, should have approximately $210,000 saved in their 401k account. I asked the recruiter to match LinkedIn, and this is what they came up with. Jobs; Top Jobs at Reddit; ... About $135K - $146K/yr Avg. Also, you should write a book (or a really long Reddit post) about your philosophy and strategies that you used to grow you income so quickly in a non-tech career! Microsoft offer was negotiated up. You are definitely on track to being very wealthy! I will now be making significantly more money. 80 salaries for 42 jobs at Reddit in San Francisco, CA Area. MODNOTE: Some people like these threads, some people hate them. Healthy Diet of mustard and Parmesan cheese crackers should get you by! Based on 1 Salaries Full Pay Details. Last week, I received amazing news. Fuck a nice car. And although household incomes have risen over … Relocation/Signing Bonus: 10K relo, 5k signing. Education: CS BS from UC Santa Cruz (low-tier UC school - banana slugs)Prior Experience: Internships at Big N, fintech, small consulting firm, Title: Systems and Infrastructure Engineer, Relocation/Signing Bonus: $20,000 signing + some other random relocation stuff, Stock and/or recurring bonuses: $175,000 MSFT stock vesting over 4 years. Invest the money instead. Sad. Also, in my opinion, buy the Tesla. Salary £185k, bonus £135k. 7 YOE TC: 135k HCOL 2 3 Thanks! About $135K - $145K/yr Base Pay. More posts from the FinancialPlanning community. If you don't work in the US, you can ignore the rest of this post. Higher sign on and rsu for the following reasons: 1. If the principal city of your metro is not in the reference list below, go to bestplaces, type in the name of the principal city (or city where you work in if there's no such thing), and then click "Cost of Living" in the left sidebar. Congratulations :). ISAs (S&S) £629k. I'm making a case (that is certainly debatable) for the Tesla Model 3 .I get huge incentives in NJ. I am unsure of exactly how good the 2-year stock refreshers are, but from what I've seen and heard, I estimate Year 3 TC to hit approximately $225,000. Living Wage Calculation for Oregon. 25yo, $135k+ salary, debt free, no degree, can't keep interested in work by throwingaway2016 in personalfinance [–] throwingaway2016 [ S ] -2 points -1 points 0 points 5 years ago (0 children) With low salary, you have more scope for making up for low salary in future compensation adjustments Stock and/or recurring bonuses: 160K/4 yrs, Total comp: 267K first year, 167K recurring, New comments cannot be posted and votes cannot be cast, More posts from the cscareerquestions community. I think that for most situations, a good starting point is 2.5 times your income. I'm in an '08 camry that's falling apart for reference. Total money makeover book is amazing to walk you through all of this in detail. Press question mark to learn the rest of the keyboard shortcuts. This particular case though, he could make more with investments than lump summing student loans depending on interest rates. Recent MBA Graduate (135k Salary + Bonus, 10k Cash, 10k Liquid Investments, 30k Retirement, 59k Student Loans) (32M Single) - Need Investment Advice Hi all - I'm a recent MBA Graduates and need advice on where I need to be putting money for the long-term. Your debt pay down in 4ish years is a good target, but depending on your interest rates (I have some 3% student loans, for example) it might be better to switch to extended repayment and let them ride. 4 Sales Salaries provided anonymously by Reddit employees. I likely could have gotten more since it was a one-sided negotiation, but I think that would've required VP approval and I'd already accepted my other offer at that point. Thanks! A free inside look at Reddit salary trends based on 156 salaries wages for 78 jobs at Reddit. Press J to jump to the feed. Dave Ramsey has a simple plan to follow that will allow to build wealth quickly with your income level, Stop all 401k investing for this next short time and pay off the 50k in 12 months or less depending on how aggressive you can be. How Much Does reddit Pay? In reality, I plan to work 5-8 hours overtime per week (let's say ~6.5 hrs overtime per week), taking my "salary" to ~$155,000, my year 1 TC to $207,500 and my year 2 TC to $177,000. View Data as Table ... $58,964 / yr Accounting Manager salaries - 1 salaries reported: $140,524 / yr. I'm honestly really happy with how my job search went relative to my internship search last year (which yielded a kinda middling internship in the midwest) - I can talk a little about my prep process, application strategy, etc... if anyone's interested. I've listed my account balances below along with my savings rate. Got the verbal yes but no one has talked about salary even once till this point. You don't really know what your talking about. ... About $135K - $147K/yr Base Pay. Education: BS in Statistics and Applied Math, Minor in CS from Top 20 Public University, Salary: $125,000 assuming 52 40-hour work weeks, Paid hourly for first few years, so additional potential for 1.5x overtime, Relocation/Signing Bonus: $10,000 relocation, $20,000 signing, Stock and/or recurring bonuses: $90K RSU/4 years, supposedly aggressive stock refreshers, Total comp: $177,500 year 1, $147,500 year 2. A reasonable amount of academic, non-CS stuff (philosophy research, editing an undergrad philosophy journal) that I think helped flesh out my resume and gave me some cool stuff to talk about in interviews!
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