An L5 at FAANG is making close to $450-500k/yr in total comp. Let’s assume the minimum wage is $15/hr, and the people doing the tasks get paid $25/hr (on the higher end). With 15 hours of simple errands a week, it comes out to $375/week or $1500/mo.
Maybe it is a bit of a stretch for an L5 to spend that much in a month on helping with chores (gotta consider taxes, after all), but it doesn’t seem that wild at all to have $1500 in spending on getting chores taken care of. And it is definitely very doable for an L6. No need to be at L7 to be able to comfortably afford that at all.
No need to live in SF for that either. Seattle pays pretty much comparably, no state income tax, a bit cheaper cost of living, and all big FAANG companies have a major presence there. At director level, you would be able to afford much more (been to a director’s house once for a team bbq, and yeah, the gap between director level and L5/L6 is rather large; and it wasn’t a director of one of the higher-paying FAANG-tier companies either).
I mean, really?
An L5 at FAANG is making close to $450-500k/yr in total comp. Let’s assume the minimum wage is $15/hr, and the people doing the tasks get paid $25/hr (on the higher end). With 15 hours of simple errands a week, it comes out to $375/week or $1500/mo.
Maybe it is a bit of a stretch for an L5 to spend that much in a month on helping with chores (gotta consider taxes, after all), but it doesn’t seem that wild at all to have $1500 in spending on getting chores taken care of. And it is definitely very doable for an L6. No need to be at L7 to be able to comfortably afford that at all.
No need to live in SF for that either. Seattle pays pretty much comparably, no state income tax, a bit cheaper cost of living, and all big FAANG companies have a major presence there. At director level, you would be able to afford much more (been to a director’s house once for a team bbq, and yeah, the gap between director level and L5/L6 is rather large; and it wasn’t a director of one of the higher-paying FAANG-tier companies either).