5 ms·
Why would it be white hot right now though? I don’t think software would be particularly affected by COVID negatively or positively.
by xwdv 5y ago
Why would it be white hot right now though? I don’t think software would be particularly affected by COVID negatively or positively.
- lostcolony 5y agoThe forced year of remote has led to both a lot of companies opening up permanent remote work, and a lot of people to change jobs (because their current company doesn't support them remotely well, or because without the social component normalizing their work they've come to question it more). Further, with just the economy reopening, a lot of businesses are opening headcount that they've been sitting on the past year, reluctant to hire due to COVID uncertainties. Taken together, there is a lot of churn. There's a lot of opportunity, but also a lot of competition for roles.
- MattGaiser 5y agoAt least where I am, companies are realizing that relying on people is unreliable, so they are investing more in technology.
- xpe 5y agoCould you elaborate on your experience (as vaguely as necessary to protect your privacy)?
- MattGaiser 5y agoI don't work in this space currently, but have colleagues and former colleagues that do. So many companies still have people running around with clipboards or doing routine calculations in Excel or handing loan applications by hand or managing contracts by printing them out and filing them or having someone sit at a monitor and watch for an alert so they can tell someone else or manually processing reward point changes or fax out hotel booking confirmations. This is ludicrous to people steeped in tech, but I have had former colleagues or classmates or even myself work on all of those in the past year and a bit.
- frockington1 5y agoCovid made it clear that many jobs can be automated
- asdff 5y agoThe fact that nothing has really changed seems to mean it is still cheaper to hire a minimum wage earner with zero benefits than to hire or contract software engineers to service your software and/or hardware that automates the job.
- MrKristopher 5y agoStocks (and therefore RSUs) are up. I joined a FANG in 2019 with $500k RSUs. Now I have $740k in unvested RSUs, including $600k remaining from the initial grant.
- arbitrary_name 5y agoJesus that's unreal. You devs make so freaking much (coming from a penniless non-dev trying to remain at peace with his rsu package)
- xwdv 5y agoYup, if you’re a dev and not a millionaire after 10 years you did it wrong IMO.
- MrKristopher 5y agoI feel you, and I spent most of my time at non-FANG earning much less.
- rukuu001 5y agoIt is here in Australia. I've spoken to a lot of people who are hiring (EY, Accenture and some small-caps) and they all say the same thing - super hard, and expensive to get tech people right now.