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Median salary globally is around USD $10k, so for remote work presumably everyone's salaries should be similar. Given developers are high skilled and in demand,
by x87678r 6y ago
Median salary globally is around USD $10k, so for remote work presumably everyone's salaries should be similar. Given developers are high skilled and in demand, maybe they should be paid 3x the global median so $30k per year.
- sokoloff 6y agoThat's a fine starting point to set the initial conditions. Now, if a company can find a way to harness developers to create $100K of enterprise value per year, they will be happy to bid $50K for qualified developers. Another company that can create $150K/dev/yr will be willing to bid $60K, etc. I doubt you'll see qualified developers seeing a salary cut anywhere near as deep as you project, because the process I describe will play out faster than needed to inject the needed stability.
- cambalache 6y ago> I doubt you'll see qualified developers seeing a salary cut anywhere near as deep as you project, because the process I describe will play out faster than needed to inject the needed stability. In the long term, yes I agree. In the short term? No way, there should be around 5x-10x as many people in the world who would be great competition for FAANG spots who cannot do it now because of VISA and location restrictions, lift one of those and now the pool is inundated with talent the companies can do whatever they want.
- erik_seaberg 6y agoHow many people have handled FAANG-scale problems (especially oncall) without ever having worked for a FAANG-scale company? I've learned things from Bay Area colleagues that I never did in Seattle.