3 ms·

> the market is saturated Unrelated to your point and this thread, but can someone share some data/evidence on this? (not that I am denying it)

EnderMB 8y ago
I'd be interested in hard data too, mostly because it seems absolutely true across multiple stacks. In my own experience, junior development salaries have dropped in the last decade and the number of people that apply for roles has increased significantly, to the point where at my last employer we had hundreds of people apply for a .NET role, and not just local people either - people were willing to move for what was a fairly bog-standard role at a bog-standard agency.
- titanomachy 8y ago
  This might indeed be true in your slice of the market, but in top firms in USA I think new grad compensation has never been higher. Top students with good summer internship experience can easily bag 150k in their first year, even more for those who manage to time competing offers.
  - PeterisP 8y ago
    The situation of top students in top firms isn't necessarily representative of the market. You'd want to look at the compensation of the median student, or if you're including the top students, then look at the weak students, say, 20th percentile as well.
    - EnderMB 8y ago
      Absolutely. That selection of developers barely makes up a fraction of a percentage of the working developers out there across the world. In the UK, salaries seem to have gone down across the board from what they were a decade ago - even for top jobs.
ryandrake 8y ago
Salaries not skyrocketing. Some companies in some areas are seeing modest compensation growth for software engineers, but if there was a true shortage of supply combined with steady demand, then salaries would be rising.
pyb 8y ago
The interview process is getting longer than ever. For instance, getting a homework step before the in-person interview never used to be a thing. Now, it seems to have become commonplace.

EnderMB 8y ago

I'd be interested in hard data too, mostly because it seems absolutely true across multiple stacks. In my own experience, junior development salaries have dropped in the last decade and the number of people that apply for roles has increased significantly, to the point where at my last employer we had hundreds of people apply for a .NET role, and not just local people either - people were willing to move for what was a fairly bog-standard role at a bog-standard agency.

titanomachy 8y ago
This might indeed be true in your slice of the market, but in top firms in USA I think new grad compensation has never been higher. Top students with good summer internship experience can easily bag 150k in their first year, even more for those who manage to time competing offers.
- PeterisP 8y ago
  The situation of top students in top firms isn't necessarily representative of the market. You'd want to look at the compensation of the median student, or if you're including the top students, then look at the weak students, say, 20th percentile as well.
  - EnderMB 8y ago
    Absolutely. That selection of developers barely makes up a fraction of a percentage of the working developers out there across the world. In the UK, salaries seem to have gone down across the board from what they were a decade ago - even for top jobs.

ryandrake 8y ago

Salaries not skyrocketing. Some companies in some areas are seeing modest compensation growth for software engineers, but if there was a true shortage of supply combined with steady demand, then salaries would be rising.

pyb 8y ago

The interview process is getting longer than ever. For instance, getting a homework step before the in-person interview never used to be a thing. Now, it seems to have become commonplace.