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by tsjq 1823 days ago
You're severely underpaid. Yes, indeed pursue a master's degree. Definitely add an MBA also to your arsenal. Take risks. Diversify. Be ready to fail, to fall, and rise from ashes. Do you have second/ passive income to pay bills & rent irrespective of your paychecks ?
5 comments

You're severely underpaid.

You can't judge everywhere against US developer wages. The poster doesn't say where they're posting from, so we can't really tell if 65k (presumably USD) is particularly good or bad for where they live. Here in the UK, 65k USD would be a fairly typical senior developer salary. Maybe even a little higher than average for people outside of London.

If they could get a role employed by a US company rather than one that's outsourcing then it'd be fair to say they're underpaid, but there could be a whole lot of reasons why that might not be reasonable or even possible.

I work directly with a US company. 65k USD is a great salary if I compared it with local wages in non-tech fields but really an ok salary for my position. I have friends who got paid more

Money is important, but it's not my only motivation

He also said 65k AFTER taxes. So he likely makes 80-100k.
Just to clarify, OP said 65K after taxes. Depending on the country they live in, it could be an easy 25-40% tax. So pretax can get close to 100K.
around 15% where I live
Eh. For managing only 15 engineers in a non US market, 65k might be the going rate. If the OP is money driven, join a big firm with the resources to double their salary. Given the current talent market, they should be able to easily make that happen based on their ability to get the proper visa. Of course they may have to sacrifice a great degree of autonomy and job satisfaction to make that happen. Only they can decide if that tradeoff is worth it. Titles mean nothing, work experience and ability to contribute is everything. I'm a VP, have 20+ years of experience, and manage an engineering team of over 250 people. Different animals certainly.
Thanks!

I have a Mini-MBA from a popular business school. I feel that I have enough business skills from my mini-mba

I don't have a passive income but working on it

he's paid more than almost all tech workers and developers in the 1st world, who also typically have .... zero passive income.

You live in an elite bubble full of rich Americans I suspect.