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>The comparison is ludicrous because most CEOs are paid like Lebron but have the skill of his teammates. I agree with you on this. However, do you expect the C
by filoleg 6y ago
>The comparison is ludicrous because most CEOs are paid like Lebron but have the skill of his teammates.
I agree with you on this. However, do you expect the CEOs who are willing to take a comp that is x10 less to be just as good? Something tells me they won't be.
Like, sure, an average software dev even at a highly paid place like Google is "decent", not "great" (like LeBron would be in this analogy). However, do you think that Google would be willing to just switch to hiring all those other "mediocre" devs from Infosys or Tata for $40-50k/yr? After all, Google's own engineers are just "good enough" on average, and that would be a massive money saver. And yet they don't do it, and neither do their competitors.
- hogFeast 6y agoLast I checked Tata had quite a few engineers working for them...is that accurate?
- filoleg 6y agoYeah, Tata and Infosys both have tons of people employed as software devs for pennies. They both make money by letting their clients outsource their workforce with Tata providing that workforce and billing at much higher rates than what those people earn, thus getting a really really nice profit margin. Nothing wrong with that in concept, but the way they went about it was terrible, especially considering that they were paying those devs like $40k/yr in Bay Area (which is an insanity). That was the whole premise of the big H1B visa controversy, with most applicants from more "legitimate" tech companies and outside of that being pissed off that they have to participate in the visa lottery due to most of the visa cap each year taken by Tata and Infosys employees who each get paid much less (which, in turn, makes the justification for H1B visa for them much shakier).