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I agree, if we're getting paid differently based on zip code but producing the same business value we're getting arbitrage'd. The question is; how do we as deve
by abj 7y ago
I agree, if we're getting paid differently based on zip code but producing the same business value we're getting arbitrage'd. The question is; how do we as developers make money off this market inefficiency?
We have a few options.
1. Negotiate better salaries. This is only possible when the purchasing price of the next best developer also increases. This already happens in the Bay area market. It is happening slower outside the Bay.
2. Start own our business. We hire the best developers at a higher rate which raises the market rate for a developer. This is happening in the Bay but much more slowly outside.
3. Move to a better geographic market. A lot of people who can chose this.
Developers probably can't exploit/correct this market because we have no way of directly/quickly making profit from the price difference.
I would love for developers to capture a larger share of the value they create. Does anyone have any ideas on how to restructure the incentives of the market to make this happen? (Cooperatives?)