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The author didn’t mention exact pay, but he claimed they waste a million Euros on this team of about 10 in less than year. That should provide ballpark figures

The author didn’t mention exact pay, but he claimed they waste a million Euros on this team of about 10 in less than year. That should provide ballpark figures, and that doesn’t seem underpaid. Unless pay was split unfairly by the “hierarchy”.

t1o5 9y ago
How much of those million Euros went to the actual employees ? I agree with you that the pay was split unfairly by the “hierarchy”. Big Indian IT firms makes a killing when it comes to billing clients. Not much of that money trickles down to the employees who actually do the job. The employees are plagued with "performance appraisals", "yearly evaluations" to fight for meager raises.
brudgers 9y ago
A modestly sutainible consulting business probably bills at about 2.5x salary. Without considering any materials cost (which is a dubious assumption) that puts average compensation of the ten member team at 40k/year. Note that the senior person or people on the team responsible for attending meetings and communications almost certainly make a multiple of that. And the juniors who are most profitable for a "body count" type contract often make a fraction of that and perform most of the work. On the other hand, organizations that allow themselves to be in the business of saving money are not really results focused anyway. They're often buying based on the difference between a team of ten and a team of eight because the team of ten is easier to defend to the next layer of management. Team count is the same sort of metric as lines of code.
megaman22 9y ago
I read it as costing a million euros to clean up the mess afterwards and get the software that should have been done into a state where it could actually be released.
ummonk 9y ago
I think the million Euros was the cost to clean it up afterwards,
1602 9y ago
It is possible to read that sentence as "million Euros spent to deliver working solution, which includes a full rewrite of everything employing well-paid senior-level engineers in Europe".

t1o5 9y ago

How much of those million Euros went to the actual employees ? I agree with you that the pay was split unfairly by the “hierarchy”. Big Indian IT firms makes a killing when it comes to billing clients. Not much of that money trickles down to the employees who actually do the job. The employees are plagued with "performance appraisals", "yearly evaluations" to fight for meager raises.

brudgers 9y ago

A modestly sutainible consulting business probably bills at about 2.5x salary. Without considering any materials cost (which is a dubious assumption) that puts average compensation of the ten member team at 40k/year. Note that the senior person or people on the team responsible for attending meetings and communications almost certainly make a multiple of that. And the juniors who are most profitable for a "body count" type contract often make a fraction of that and perform most of the work. On the other hand, organizations that allow themselves to be in the business of saving money are not really results focused anyway. They're often buying based on the difference between a team of ten and a team of eight because the team of ten is easier to defend to the next layer of management. Team count is the same sort of metric as lines of code.

megaman22 9y ago

I read it as costing a million euros to clean up the mess afterwards and get the software that should have been done into a state where it could actually be released.

ummonk 9y ago

I think the million Euros was the cost to clean it up afterwards,

1602 9y ago

It is possible to read that sentence as "million Euros spent to deliver working solution, which includes a full rewrite of everything employing well-paid senior-level engineers in Europe".