3 ms·
Bubble. Things are a little over-the-top right now. Demand for programmers is outstripping the supply by quite a bit. (Not that I'm complaining... Right now
by wccrawford 15y ago
Bubble. Things are a little over-the-top right now. Demand for programmers is outstripping the supply by quite a bit. (Not that I'm complaining... Right now.) Things are over-valued.
However, I don't think the bubble is so big yet that bursting it would cause devastation. Just a lot of pain and tears.
- pagekalisedown 15y agoIf that's the case, then why haven't salaries increased proportionally?
- wccrawford 15y agoActually, in my area, they have. The job postings lately are as much as 50% higher than a few years ago, for basically the same job. In fact, I left my last job because they weren't paying me what I felt I was worth. I signed on with a new company for a huge raise, among other things. The old company is now trying to hire 6 people at what I now make. And as far as I know, they're failing to get them. I know my current company has failed to find anyone at a slightly lower salary than mine. Companies are extremely resistant to changes in salaries. It takes a pressing need to get them to bump the salary up for a position. That's partly because it throws their budget off, but also because that means their existing employees are being underpaid, and they risk losing them as well, should they find out... Unless they also bump their pay up, destroying the aforementioned budget again.
- pagekalisedown 15y agoWhat area of the country are you in?