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Are you saying that unless every company can pay FAANG level salary, they are not paying well enough ? For example, lets say a tech company in Boise Idaho can p
by codegeek 5y ago
Are you saying that unless every company can pay FAANG level salary, they are not paying well enough ? For example, lets say a tech company in Boise Idaho can pay 120K salary for a senior dev while FAANG pays 200-220K for similar role but you work in California. Should that company in Idaho struggle to find devs ?
- chrisseaton 5y agoIf they aren't getting the people they need, yes obviously they're not paying enough. What other definition of 'paying enough' could you possibly use? You pay people to get them to work for you. If they aren't willing to work for you then you're not paying them enough to work for you. > Should that company in Idaho struggle to find devs? Not sure how we've got to saying I think they 'should' struggle to find devs? I think they probably will though. Tell me how do you define 'paying enough' that isn't measured by some metric like 'getting people to work for you'?
- luffapi 5y agoYou can’t get a senior dev for 120k. Market rate for a senior dev is easily approaching 200k and that doesn’t count FAANG (in which case total comp for a senior dev looks like 400k /year). These numbers are only going up, due in part to reasons mentioned in the article. It’s totally possible that many businesses are not viable. There is room to get that money for the most part though. Pull it from exec salaries.
- 908B64B197 5y ago> For example, lets say a tech company in Boise Idaho can pay 120K salary for a senior dev while FAANG pays 200-220K for similar role but you work in California. Should that company in Idaho struggle to find devs ? Why not pay 200-220K? That's the market rate now.