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The author is right that increasing the time value of one's work is an uphill battle. I entered the workforce right at the beginning of the 2008 recession. It t
by tboyd47 10y ago
The author is right that increasing the time value of one's work is an uphill battle. I entered the workforce right at the beginning of the 2008 recession. It took me 6 years of bouncing from job to job, working late nights at times, talking to armies of recruiters, negotiating small raises at each job, to finally earn a salary that would be considered average in our industry.
I am very, very careful now to guard my rate as a software developer. As crazy as it sounds, I would rather work for free than work for a low rate.
- davemel37 10y agoIncreasing time value is hard when you do it arbitrarily...its easy when its based on opportunity cost. In simpler terms, the best way to win a negotiation is to be willing to walk away from the project. As your opportunity cost grows, you are willing to walk away from higher and higher paying projects, which leads to better paying projects. Dan Kennedy writes,"If you lose a client on price, you lost them long beforehand!"
- dancek 10y ago> As crazy as it sounds, I would rather work for free than work for a low rate. That's not crazy at all. Most of us help other people in many ways, and that's ok. I'll be glad to spend 6 hours to help a friend move house, but I'd certainly not do it for $20. Similarly, I develop FLOSS for fun, but would not do it for $10/hour.
- pmiller2 10y agoI have no idea what I'm actually worth. I'm an employee, so, of course, I know how much I get paid, but I have no real idea how much value I'm creating, nor do I really know how to measure or find that out.