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Yeah, look at these people, expecting to be paid their market value! I mean, they're just engineers, right? They should be thankful for anything thrown their
by _m96l 8y ago
Yeah, look at these people, expecting to be paid their market value!
I mean, they're just engineers, right? They should be thankful for anything thrown their way, even if they'll never be able to afford a house or raise a family on it.
They should be working for the lowest comp possible, just like the founders, chief executives, and the VCs.
P.S. there was a NYT article posted here just a couple of days ago about how it's become incredibly easy to raise VC rounds of $100m+. There's a ton of money pouring into tech right now, and everyone is benefiting, from VCs to chief executives. Except engineers. We're not supposed to enjoy this success, I mean, all we do is build the products.
https://www.nytimes.com/2018/08/14/technology/venture-capital-mega-round.html https://www.nytimes.com/2018/08/14/technology/venture-capita...
- seattle_spring 8y agoThe salaries they are quoting are market for the top tier. IBM is not the top tier.
- mental1896 8y ago100k is below average for a software developer in the area: https://www.glassdoor.com/Salaries/san-jose-software-developer-salary-SRCH_IL.0,8_IM761_KO9,27.htm https://www.glassdoor.com/Salaries/san-jose-software-develop...
- seattle_spring 8y agoAnd new grads make below average, because they're below average in experience. What's your point?
- tdumitrescu 8y ago> everyone is benefiting, from VCs to chief executives. Except engineers. I don't know what world you're living in, but engineering salaries _have_ absolutely shot up in recent years. 10 years ago no engineer was scoffing at making 6 figures straight out of school. I remember being wowed when a friend reported that Google had started regularly offering 105K to fresh grads.
- dunpeal 8y agoThe article was about VC funding for startups. Has comp at startups improved that much recently? Not to my knowledge.
- tdumitrescu 8y agoIn my experience at several startups, and discussions with numerous friends and colleagues in similar positions, yes the eng comp at startups is much better than it was 5 years ago.