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In the last 4 years the stock markets is up over 50% and unemployment has plummeted. This has resulted in salaries and total comp going even higher for everyone
by frockington1 7y ago
In the last 4 years the stock markets is up over 50% and unemployment has plummeted. This has resulted in salaries and total comp going even higher for everyone, and insanely higher for engineers. Living in the US likely became more desirable in the last 4 years
- fzeroracer 7y agoDo you have a source for salary and total comp spiking over the past four years? Because as a software engineer with a lot of software engineer friends, none of us have seen that.
- frockington1 7y agohttps://money.usnews.com/careers/best-jobs/software-developer/salary https://money.usnews.com/careers/best-jobs/software-develope... If you are not seeing growth you may need to gain more marketable skills. Whenever hiring people, more in demand skill sets definitely command a higher salary
- fzeroracer 7y agoYou specifically said in the past four years salary and comp has spiked as a result of the stock market and unemployment. But what you linked does not clearly indicate that at all considering growth has been consistent over the past 8 years. In fact it seems that salary outlook has even slowed slightly over the past four years. This does not match your claim at all.
- nine_zeros 7y agoThe same could be said about the stimulation spikes before 2000 and 2008. Short term gains != Long term sustainable industries. Also, the gains have literally come because of the investment in smart immigrants in the 00s. That gave fluidity in the hiring market, allowing megacorps to expand rapidly while other countries couldn't. They just didnt have so many smart employees. The impact of today's immigration policies will be felt 5 years from now