ManchesterDev

5 ms·

1.
by ManchesterDev 2y ago
Yeah completely forgot about this angle too. Losing 780 hours per year of free child care per child really racks up. You get significantly punished for breaching that 100k. So if you’re going to tip over, you needs to smash through it.
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by ManchesterDev 2y ago
Which angle is becoming more common in London? Losing equity if you leave or the opposite?
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by ManchesterDev 2y ago
Agreed - I didn’t feel like I had much knowledge to negotiating power at the start and definitely got ripped at a .2% Thanks for calling it out - we all need more educating on this
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by ManchesterDev 2y ago
Fantastic perspectives thank you. I don’t feel like going too hard on BATNA because it’s a sensitive and positive environment. If I get mugged off, I would walk away, but I wouldn’t enter with this stance. Answers to your questions: - 3 of
5.
by ManchesterDev 2y ago
This is the sort of reply I was hoping for, thank you. I have a few follow ups: - Do you have any sources for where you’re seeing salaries at 100k upwards? Anything online, or is this offline advertised roles? I’m going to need some evidenc
6.
by ManchesterDev 2y ago
That’s helpful, I’ve never thought about it like this before. It’s kind of what you believe is the best alternative out there and using that. A bit like hypothesis testing and gathering evidence. Probably easier to be as aggressive as you w
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by ManchesterDev 2y ago
I think I got about 60% of that, but the penultimate paragraph helped a lot. I’ll have to get a beer and mull over what those best alternatives might look for me if it’s a no to salary.
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by ManchesterDev 2y ago
Very interesting thanks
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by ManchesterDev 2y ago
Thank you for the thoughts lots to mull over. Agree 200k isn’t going to be life changing when looking over the lifespan of a career, just quite a bit of fun, so won’t let that be the biggest sway - and it’s probably a best case scenario. Di
10.
by ManchesterDev 2y ago
I agree with both the comments. At the moment there are no progression paths which don’t involve moving up into doing more management, but I’ll still be spending 75-80% of time writing code. If the company was larger there may have been oth
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by ManchesterDev 2y ago
I live in South Manchester, role is technically in London. We don’t have a permanent office as the team are fairly remote. When we meet it’s in London and the team hire out some rooms/desks at a cowork. I occasionally travel down, 2-3
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by ManchesterDev 2y ago
“You may have been thinking that the highest rate of income tax payable was 45%, at which point the rate of National Insurance is 2%, giving an effective tax rate of 47%. But did you know you could be subject to an effective combined rate o
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by ManchesterDev 2y ago
Useful response thank you. Hard to know what a realistic sale price would be. For example if it sold for £100m in 3 years, that would be 200k under current conditions minus capital gains. That’s probably higher than the additional salary wo
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by ManchesterDev 2y ago
Agree 5-10% is too much of an ask. I’m not sure what is suitable for an early employee but that’s not going to float.
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by ManchesterDev 2y ago
Do you mind expanding on your story here? Did the company just falter before you were able to realise your gains or was there something else more convoluted?
16.
by ManchesterDev 2y ago
Agreed about having frequent time off to enjoy life. I think the number of days I’d want to take are somewhat capped by my wife’s annual leave too. For example if she gets 25, I don’t know if I’d want an extra 25 on top of her as we love do
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by ManchesterDev 2y ago
Really interesting insight - something I’ve always suspected and my only hypothesis is that those likely to share will also be those on ordinary salaries. For example, your high achievers on unique salaries probably won’t post as they will
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by ManchesterDev 2y ago
I do agree with this. But bluff will be called about other offers, and not enough time to get any active before supplying my response.
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by ManchesterDev 2y ago
It’s a good response! But I should have added more context that the side income is passive/ only requires maximum 15 hours work per year so isn’t a heavy burden.
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Ask HN: What's an appropriate compensation counter offer in London 2024?
44 points by ManchesterDev 2y ago|122 comments