5 ms·
Outside of web development, you can get a job fine without using this year framework. However, you still have to leave after a year to get more than inflation.
by user5994461 9y ago
Outside of web development, you can get a job fine without using this year framework. However, you still have to leave after a year to get more than inflation.
- squeeeeeeeeeee 9y ago> you still have to leave after a year to get more than inflation This hits home. I've been in software development for quite some time (10 years), I've been with 4 employers so far (full time) and pretty much all my significant raises have come as a result of me looking for a better paying position and then leaving. I may have been unlucky (I also did not work for a really large company yet), but I feel like the "career develoment" opportunities within software engineering companies are way under the level they should be.
- reassembled 9y agoI think this has been the way of the tech industry, and particularly SV, for a long time now. My uncle, now passed away, started at Atari in the early 80s and hopped companies every three years until his final job with Nvidia in a fairly senior position. He stayed with Nvidia until his death a little over a year ago. Each time he switched it up he grew his salary exponentially.
- tincholio 9y agoExponential growth, every three years, since the 80s... sounds a bit hyperbolic, doesn't it? Just how much did he make at Nvidia??
- TeMPOraL 9y agoExponential growth means just constant growth rate. Doesn't mean it's a big growth rate. 2% a year will double the starting salary in... 35 years. ;).
- brango 9y agoNo it doesn't. It means an exponent is present. https://en.wikipedia.org/wiki/Exponential_growth https://en.wikipedia.org/wiki/Exponential_growth
- edmccard 9y agoThe formula for constant growth over time, for example, a 2% increase every year, would be starting salary * 1.02 ^ t where t is the number of years. So there is an exponent present, and constant growth is an exponential process.
- jamessb 9y agoConstant growth rate gives rise to a quantity that is an exponential function of time [not to be confused with a constant rate of increase, which gives rise to a linear function of time]. As that Wikipedia article says, the continuous-time equation for exponential growth, x(t) = x(0) e^(kt), arises as the solution to the ODE x'(t) = kx, where k is the constant growth rate. Similarly, in discrete-time, exponential growth follows the equation x_t = x_0 (1+r)^t, where r is the constant growth rate.
- brango 9y agoI stand corrected.
- racer-v 9y agoMaybe Nvidia was his second job?
- deleted 9y ago[deleted]
- pjmlp 9y agoThat is pretty much country specific. Been with the same employer for several years, jumping between web and native projects in all those years, across multiple clients. Inflation was never a problem.