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For most programming jobs wages are lower now than in 1995. Back then, I had many friends who were charging $100 an hour just to build VisualBasic apps and they

For most programming jobs wages are lower now than in 1995. Back then, I had many friends who were charging $100 an hour just to build VisualBasic apps and they had more work than they could handle. And Phillip Greenspan has written that his company, from 1996 onwards, offered $100,000 to recent college grads. That was really good money back then, especially if you wanted to buy a house. Wages right now only look good compared to where they were during the depths of the Great Recession. Over a longer time frame, wages look terrible, except for certain jobs at FANG companies.

ummonk 7y ago
100k then would be 170k today, in line with (if not slightly lower than) entry level comp at FANG companies.
- alteria 7y ago
  That's a TC number that includes vesting RSU right?
  - mrep 7y ago
    And? My stock vests monthly and I have it set to autosell at vest so I get cold hard cash direct deposited into my bank account monthly.
  - ummonk 7y ago
    Yes, but RSU vesting is as good as cash, aside from banks not fully counting it in your income for mortgage qualification.
- lkrubner 7y ago
  That’s my point. Ars Digita (Greenspan’s startup) was a small startup. You don’t see small startups paying 170k as a base salary nowadays. All available evidence shows that wages have fallen for software developers. If the market for software developers was tight, then we would see very different behavior from companies.
deleted 7y ago
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