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We are losing employees right and left b/c of Bay Area cost of living
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Date: February 27th, 2017 6:17 PM Author: adventurous menage deer antler Our firm only has about 65 people, we pay really well, and we've lost 5 in the last 6 months who were all moving out of the area because they just could not afford to live here. They moved to New England, Chicago, Denver, LA and Kansas City. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714284) |
Date: February 27th, 2017 6:26 PM Author: Marvelous university potus That's not that much turnover for 65 Employees |
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Date: February 27th, 2017 6:39 PM Author: bipolar hominid cruise ship Wrong (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714398) |
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Date: February 27th, 2017 7:34 PM Author: beta hospital For non-sociopaths, that's a lot.
It's just that most of us are used to companies run by sociopaths who fire people a lot and and are so awful to work for that the quit rate is high as well. |
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Date: February 27th, 2017 8:00 PM Author: Yapping Stubborn Stead Trust Fund Cr. That proportion of ppl have left my firm this year alone. I was also like nbd but it is for a normal Place I guess (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714912) |
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Date: February 27th, 2017 9:29 PM Author: Marvelous university potus I worked in a 12 employee firm where 8 of the workers quit in less than a year (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715475) |
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Date: February 27th, 2017 6:29 PM Author: bipolar hominid cruise ship "we pay really well"
"we've lost 5 in the last 6 months who were all moving out of the area because they just could not afford to live here."
ROFL YEAH BRO YOU GUYS PAY REALLY WELL |
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Date: February 27th, 2017 8:35 PM Author: French Black State (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715140) |
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Date: February 27th, 2017 8:36 PM Author: Mind-boggling rehab friendly grandma (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715150) |
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Date: February 27th, 2017 8:39 PM Author: Hairraiser chad library (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715170) |
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Date: February 27th, 2017 8:41 PM Author: garnet french chef tbf, even like 300k is barely breaking even if you live in a decent area with kids (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715194) |
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Date: February 27th, 2017 9:06 PM Author: Cerebral home (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715354) |
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Date: February 27th, 2017 9:32 PM Author: Big-titted stage (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715506) |
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Date: February 27th, 2017 6:50 PM Author: bipolar hominid cruise ship (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714465) |
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Date: February 27th, 2017 6:52 PM Author: misunderstood odious sweet tailpipe hall I don't really get why companies that aren't willing to pay crazy salaries locate in SV. Yes, I get the ridiculous argument that the best talent lives there, but IRL, many people are looking to run somewhere cheaper and now that remote work is becoming common, if you get some crazy guy who LOVES SV and wouldn't live anywhere else you can just let them work remote from their 300 sq ft studio. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714482) |
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Date: February 27th, 2017 7:36 PM Author: beta hospital > I get the ridiculous argument that the best talent lives there
That's not even true anymore.
10 to 15 years ago, the best programmers were in the Bay Area. These days, they're all over the place and there isn't a real concentration, but the smarter engineers have figured out that they're not going to get rich in bullshit startups. So, while some of the good engineers have stayed, the bulk of the young talent has avoided the Bay Area... although no credible alternative has emerged. |
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Date: February 27th, 2017 7:42 PM Author: Carmine Talented Chapel It's not even about the best programmers. It's where the entire tech VC industry is, that's the real problem. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714823) |
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Date: February 27th, 2017 7:44 PM Author: beta hospital Exactly right. The programmers are pretty lame. Most of them are mediocre and could be replaced by people in another location at a fraction of the price. However, it's not only the place with the most VC, but it's only the place where you can easily create bidding wars among VCs and get terms that aren't absolute shite. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714834) |
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Date: February 27th, 2017 7:35 PM Author: concupiscible crackhouse why not let them telework? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714791) |
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Date: February 27th, 2017 7:56 PM Author: Citrine mildly autistic associate (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714890) |
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Date: February 27th, 2017 8:55 PM Author: Passionate resort (TTT asking himself why he never got anywhere in life) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715288) |
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Date: February 27th, 2017 7:43 PM Author: Mentally impaired garrison partner Is it true that 1 bedrooms in SF cost like 4k?
If that's the case then those FB and Google starting salaries don't even look that great. I mean it's not bad for just out of UG money, but when you factor in the higher tax bracket and the COL considerations, it's like making 80k in some places. |
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Date: February 27th, 2017 7:47 PM Author: saffron digit ratio nibblets no. https://www.trulia.com/for_rent/37.70163135025,37.811970360265,-122.50815490355,-122.33237365355_xy/0-2500_price/13_zm/ (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714844) |
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Date: February 27th, 2017 7:52 PM Author: Mentally impaired garrison partner "$2500 room for rent."
That would imply a $5000 2br, $7500 3br, etc.
That seems in line with the price I mentioned for 1brs... |
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Date: February 27th, 2017 7:53 PM Author: Excitant ratface theatre https://en.wikipedia.org/wiki/Economies_of_scale (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714872) |
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Date: February 27th, 2017 7:54 PM Author: saffron digit ratio nibblets you cherry picked one listing that is a single room. there are plenty of apartments in that link that are 1 beds or studios for around 2.5k. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714879) |
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Date: February 27th, 2017 7:58 PM Author: Carmine Talented Chapel For all his bluster and comical cynicism due to his own autism pensive is right on wrt housing prices. 2.5k gets you a shit studio/1br in a convenient area or decent 1BR in the hinterlands (a big issue in SF due to the shit public transit--literally more convenient to live in parts of the east bay than near SF state or something). 4k is a bit much unless you're targeting nice places, but 3k in SF is basically the threshold for "not shitty" in the areas people want to live.
Like I said though, all the single people make prices out of whack as the construction is old and from an era where actual families lived in apartments. A decently nice 3BR might be 4.5k |
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Date: February 27th, 2017 8:07 PM Author: saffron digit ratio nibblets seems like taking a ferry to work from Oakland would be pretty chill actually (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714954) |
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Date: February 27th, 2017 8:35 PM Author: henna forum (Oakland hipster standing in freezing windy rain for an hour waiting for ferry) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715136) |
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Date: February 27th, 2017 8:40 PM Author: garnet french chef (also gets raped and murdered while returning hoem from ferry one day) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715182) |
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Date: February 27th, 2017 9:02 PM Author: Ebony voyeur mexican cr, plus much smaller dating pool, shit BART hours (or at least used to be...I haven't been on BART in ~8 years), and he has to move when his company goes BK or gets acquired and his new job is in SV. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715334) |
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Date: February 27th, 2017 9:07 PM Author: saffron digit ratio nibblets fine then lets just gas everything (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715359) |
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Date: February 27th, 2017 10:13 PM Author: Ebony voyeur mexican Acquire wife and move to the south bay (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715820) |
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Date: February 27th, 2017 9:16 PM Author: spruce floppy people who are hurt (Guy who wouldn't know freezing rain if it whipped his gay stubbly warby parker wearing face) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715415) |
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Date: February 27th, 2017 9:29 PM Author: Yapping Stubborn Stead Trust Fund Freezing rain in Oakland ljl (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715477) |
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Date: February 27th, 2017 9:29 PM Author: garnet french chef man anything under 50 is basiclaly freezing ok? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715482) |
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Date: February 27th, 2017 9:31 PM Author: Yapping Stubborn Stead Trust Fund (nude bodybuilding ferry rider) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715496) |
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Date: February 27th, 2017 9:32 PM Author: garnet french chef (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715504) |
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Date: February 27th, 2017 7:48 PM Author: Carmine Talented Chapel I have friends who are at top tech companies and had roommates until 28-30 when they eventually moved out to get an apt with their gf. You can pay 3k for an OK 1br or 4.5k to split a 3BR which actually has some space. Prices are comically skewed because of all the single people (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714848) |
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Date: February 27th, 2017 7:48 PM Author: beta hospital > Is it true that 1 bedrooms in SF cost like 4k?
That's about right for the East side. The West is cheaper but gets a lot of fog, which isn't really a big deal but California people tend to complain and think 55 is cold.
> when you factor in the higher tax bracket and the COL considerations, it's like making 80k in some places.
It's comparable to $80k in Boston or DC. It's comparable to $50k in ARE country.
Also, Silicon Valley hours are terrible: you'll get fired if you work 9-to-5 while the H1-Bs and boot camp grads slamming Red Bulls are working 90-hour weeks. |
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Date: February 27th, 2017 7:46 PM Author: Motley deranged parlour Should just relocate the big sv companies to Detroit or Cleveland just buy the city (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714841) |
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Date: February 27th, 2017 8:00 PM Author: Vivacious meetinghouse They're working on it re:Detroit
Microsoft just relocated to Downtown |
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Date: February 27th, 2017 8:32 PM Author: Motley deranged parlour Some of these people and companies could buy entire neighborhoods like a semi urban version of Hank Scorpios town (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715124) |
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Date: February 27th, 2017 8:41 PM Author: Hairraiser chad library (Dan Gilbert) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715187) |
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Date: February 27th, 2017 8:37 PM Author: French Black State (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715151) |
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Date: February 27th, 2017 9:27 PM Author: irradiated kitchen main people Those cities are too big. But what about Youngstown? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715469) |
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Date: February 27th, 2017 8:08 PM Author: shaky mediation dog poop Sure but think of all the poor Mexicans who might get displaced if you gentrify the city by building more houses (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714958) |
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Date: February 27th, 2017 8:36 PM Author: henna forum Ljl the bay area is so fucked when the tech bubble pops (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715144) |
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Date: February 27th, 2017 8:39 PM Author: Carmine Talented Chapel not really
This is nothing near as bad as 2000 and it recovered from that just fine. You'll see the usual 25-30% price dip and that's about it |
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Date: February 27th, 2017 8:39 PM Author: beta hospital Unfortunately, the NIMBYs will be fine so long as All-Cash Foreign Criminals (ACFCs) keep buying. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715174) |
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Date: February 27th, 2017 9:04 PM Author: Passionate resort MAF poormo (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715340) |
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Date: February 27th, 2017 9:06 PM Author: beta hospital Indeed, but I don't hate all rich people. Just shitty, undeserving ones like the boomers who wrecked the housing market and the overseas mafiosas who become all-cash real estate buyers. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715352) |
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Date: February 27th, 2017 9:30 PM Author: spectacular insecure legal warrant theater stage In other words, you hate all rich people (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715489) |
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Date: February 27th, 2017 9:30 PM Author: spectacular insecure legal warrant theater stage LOL
Get the fuck out of my state, foreigners |