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From my (likely poor) estimation, an internally promoted director likely has ~10 - 15 years of experience, and externally hired directors can range from that li
by jmastrangelo 7y ago
From my (likely poor) estimation, an internally promoted director likely has ~10 - 15 years of experience, and externally hired directors can range from that little to much much more. These are usually very talented people who could be C-suite executives at smaller companies so their compensation makes sense.
When I said "absurd amount of money" it was more of a rhetorical device, I don't actually think that its unreasonable, and yeah I meant ~500k or so.
Considering the value good engineering and leadership bring to a tech company, this pay makes perfect sense, hell it still may be lowballing the value they generate for the organization. But it is still a high amount of money for a 9-5 individual contribution job compared with other industries.
I'm more making the point that tech used to pay middlingly compared to other professional jobs (doctor/lawyer etc.), and Mechanical/Electrical engineering for the most part still do pay middlingly. I think this encouraged the talented to strike out for startups far more often as the opportunity cost of doing so was lower, especially in times with new technology waves where there was a lot more "low hanging fruit".
I'm not saying the pay is anticompetitive or a bad thing, I'm merely commenting on a trend that I've seen where startups make less and less sense for talented individual engineers and I wonder how that will affect the tech scene in the next decade.
- mtberatwork 7y ago> I'm more making the point that tech used to pay middlingly compared to other professional jobs (doctor/lawyer etc.) Outside of SV, how is it not "middlingly"? Where can you make $500k+/year in tech working at some corporation??
- jmastrangelo 7y agoOutside SV, Seattle and NYC it pretty much does still pay middlingly. But these same places that don't compete with SV on pay also often don't have an many resources for the startup oriented as well.