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For CS graduates, I see the 2014 Salary as $62,103 and the 2015 Salary as $65,004. Which is actually a 6% increase. The 2014 was a 6% increase over 2013. So mor
by npalli 11y ago
For CS graduates, I see the 2014 Salary as $62,103 and the 2015 Salary as $65,004. Which is actually a 6% increase. The 2014 was a 6% increase over 2013. So more than 10% increase in two years. What are you seeing?
- ones_and_zeros 11y agoI'm comparing computer science majors, which is the majority (80% in 2015) of those in the computer science category. I think this removes outliers like someone getting a bachelors in computer science with a major in financial engineering at Cornell making 200k on Wall Street after graduation. 2014 67,500. 2015 65,004. Down about 3.7%, which adds up over time. Either way, from my point of view, the software "profession" is dead in the water unless real change in the industry and our government happens.
- npalli 11y agoWell, even in that case, the 2014 salary was a 6.4% raise over 2013. Unusually large increase. So, it certainly "didn't add up over time". Also, strange to read about software profession being dead in water. Pretty much all estimates from BLS show it to be the fastest growing job segment. Which fields (apart from healthcare) are doing better that software?
- no_wave 11y agoSoftware is the fastest growing field, but when you factor in 1.5% and 1.6% inflation in 2013 and 2014 (and use the salary numbers discussed in this thread), you get a real decrease of 1% between 2013 and 2015. So you're getting a salary decrease for the fastest growing profession in the US - a terrible sign. Why shouldn't salary be allowed to increase, especially when rents rose 27% in San Francisco?
- dragonwriter 11y ago> Why shouldn't salary be allowed to naturally increase Because cost of labor (including salaries) compete with returns on capital, and, well, people who favor "capitalism" rather than, say, "laborism" tend to hold political (as a consequence of economic) power.
- eli_gottlieb 11y agoMarket prices for anything are a random walk in the short-term. Let's look at some longer trends if we want to draw sound conclusions.
- cplease 11y agoSalaries are not a random walk in the short term. A dip is significant.