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Wow, these numbers are so insane. How is that the work we do is worth so much? And is prepping for algorithm interviews the core to getting to numbers like th
by winter_blue 7y ago
Wow, these numbers are so insane.
How is that the work we do is worth so much?
And is prepping for algorithm interviews the core to getting to numbers like these?
- Vadoff 7y agoPrepping for algorithms is somewhat mandatory if you've never encountered those types of questions before, as you'll most likely fail without some familiarity/practice. However once you're able to do well enough on them, they're actually the least important for senior engineers. Algorithm questions are mostly just treated as a weeder/low tech bar for senior engineers. Doing well on the behavioral, architecture, and practical interviews is usually much more important for senior candidates.
- marvin 7y agoWell, even at my Norwegian small-ish finance company, company profit is on average >$100k per employee, and that includes the janitor and after all salaries, taxes and expenses are paid. The FAANG companies are at least 10X this. At those profit levels, paying $300k to get the best available person in each role almost doesn't matter to the bottom line. And it does answer your question, yes, the work we do is worth so much. We have the ability to command an army of robots, and that greatly amplifies the reach of our abilities. But of course, the pay is because the market is able to, not because our abilities are magical. They are correlated, but there isn't direct causation.