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The day before they graduate, a Harvard college student will work on your research project or startup for $0/mo, if it’s interesting enough. The day after, Face
by an_opabinia 6y ago
The day before they graduate, a Harvard college student will work on your research project or startup for $0/mo, if it’s interesting enough. The day after, Facebook is ready to pay them $10,000/mo+.
They’re the same human being before and after graduation day. Just as talented the day before as the day after. It’s the pedigree variable that explains the vast majority of the salary.
You’re saying something similar, it’s just that you’re getting distracted by the red herring of the out sourced worker. You should be analyzing the difference between a Harvard and a UC Irvine student, whose average salary difference is as large as the difference between an average US programmer and Accenture contract off shore programmer. It’s got nothing to do with time shifts and organizational culture. You’re looking at this way too logically, along with many other commenters. Indeed I think hardly anyone, including the people who actually say work for Facebook, understand really why one person is paid more or less than another, at their own companies or elsewhere.
That aside you’re onto something with low skilled workers being replaced. The net result of hoovering up low paying programming jobs and sending them to another statistical group (not in this country) is that programming salaries appear to rise. Which is exactly what happened. So if you are of the opinion that programming salaries rising reflects increase in demand, so you should get into programming boot camp, you’d be like 200% wrong. You’re chasing a low salary programming job that doesn’t exist. Which again, is sort of exactly what happened.
- cvlasdkv 6y agoThere are plenty of bootcamp grads across the companies I've worked and they all make 100k+ (and some are established senior engineers). Like you are implying: status signaling from degree mills is pretty useless compared to actual competency.
- ashtonkem 6y agoMy subjective experience is that boot camp grads are not as successful in the interview and job acquisition process. Whether or not that’s due to differences in education or purely signaling behavior is something I have yet to fully make up my mind about.
- maemilius 6y agoI've had a similar experience at my job and I think it's actually both things. On one side you have people that managed to claw their way through the boot camp but didn't actually pick up any of the skills; they memorized enough to get through instead of actually learning stuff. On the other side, you have people that did learn but aren't confident in their skills and so flub the interview when their confidence gives out. I've watched the latter happen on more than one occasion and I really wish I knew how to handle it as an interviewer.
- esoterica 6y agoSome companies pay their Harvard interns >$10k/month, so this is not really true.
- fludlight 6y agoThe rabbit hole goes deeper: some early stage VCs and angels only invest in Harvard or Stanford dropouts.