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AMZN 220; MSFT 69; FB 33; SOXX 4.7; XOM 25. Investors are paying more to fund the work of programmers than most other industries. Large compensations enjoyed b
by xyzzyz 9y ago
AMZN 220; MSFT 69; FB 33; SOXX 4.7; XOM 25. Investors are paying more to fund the work of programmers than most other industries.
Large compensations enjoyed by engineers in the AMZN, FB, or MSFT is not derived from "investors paying more to fund their work", as these companies haven't been dependent on investors' capital in a long time.
- chrisweekly 9y ago"Investors paying more to fund [developers'] work" strikes me as the wrong perspective for analyzing compensation. As an alternative, consider "revenue generated per developer". Anecdote: I worked on a team where gross revenues per FT software engineer were north of $4 million USD.
- banku_brougham 9y agoInvestors float the stock to levels that alllow the company to pay generous compensation. At amazon for example, salary tops out at $160K. 1/2 or more of comp is in RSUs. Senior Devs are making $300+ in total comp.