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First, our salaries aren't high compared to the value we generate for these companies. Second, the relatively higher salaries we get out here are driven by two
by sidlls 9y ago
First, our salaries aren't high compared to the value we generate for these companies.
Second, the relatively higher salaries we get out here are driven by two things: 1) the number of companies competing for talent and 2) the artificial scarcity induced by how they define the arena of competition (over-focus on "CS fundamentals" and under-focus on engineering fundamentals).
- stale2002 9y agoIf demand is high, because of a large amount of companies that are competing for talent... And supply is low enough that it can't fulfill that demand, then that is a shortage. Supply being unable to fulfill a large amount of demand is the definition of a shortage.